Warner Bros. Discovery, Inc. (WBD)

US — Communication Services Sector
Peers: LYV  CMCSA  LLYVK  FOXA  WMG  TKO  AMX  RDDT 

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Key Metrics & Ratings

  • symbol WBD
  • Rev/Share 15.2735
  • Book/Share 15.0484
  • PB 1.9822
  • Debt/Equity 0.0039
  • CurrentRatio 1.0739
  • ROIC 0.0013

 

  • MktCap 71356703126.0
  • FreeCF/Share 1.6418
  • PFCF 17.5324
  • PE 147.2066
  • Debt/Assets 0.0014
  • DivYield 0
  • ROE 0.0139

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 3
  • P/B Score 3
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade WBD Seaport Research Partners Buy Neutral -- -- Dec. 9, 2025
Upgrade WBD Rothschild & Co Redburn Neutral Buy -- $28 Oct. 30, 2025
Upgrade WBD Argus Hold Buy -- -- Oct. 28, 2025
Downgrade WBD KeyBanc Capital Markets Overweight Sector Weight -- -- Sept. 26, 2025
Downgrade WBD TD Cowen Buy Hold -- $14 Sept. 16, 2025
Upgrade WBD MoffettNathanson Neutral Buy $9 $13 Jan. 21, 2025

News

Tariffs Are Crashing TV's Annual ‘Upfront' Ad-Sales Party
CMCSA, DIS, WBD
Published: May 11, 2025 by: WSJ
Sentiment: Negative

Analysts expect economic uncertainty to loom large over a softer television ad-buying season.

Read More
image for news Tariffs Are Crashing TV's Annual ‘Upfront' Ad-Sales Party
Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels to Present at the MoffettNathanson 2025 Media, Internet and Communications Conference
WBD
Published: May 09, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , May 9, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. (Nasdaq: WBD) today announced that its Chief Financial Officer Gunnar Wiedenfels will present at MoffettNathanson's 2025 Media, Internet and Communications Conference on Thursday, May 15, 2025 at 3:10 p.m.

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image for news Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels to Present at the MoffettNathanson 2025 Media, Internet and Communications Conference
Warner Bros. Discovery Q1 Earnings Miss, Revenues Decline Y/Y
WBD
Published: May 08, 2025 by: Zacks Investment Research
Sentiment: Negative

WBD's first-quarter 2025 results reflect sluggishness in overall advertising and distribution revenues.

Read More
image for news Warner Bros. Discovery Q1 Earnings Miss, Revenues Decline Y/Y
Warner Bros Discovery shares rise on report of potential company split
WBD
Published: May 08, 2025 by: Proactive Investors
Sentiment: Positive

Shares of Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) rose nearly 5% on Wednesday after CNBC reported the media conglomerate is considering a split that would separate its legacy cable networks from its film studio and streaming businesses. The proposed move, which has not been formally announced, would see the company spin off its linear cable and news assets into a separate entity while keeping its film studios, including DC, and streaming platform Max, according to CNBC's David Faber, citing people familiar with the matter.

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image for news Warner Bros Discovery shares rise on report of potential company split
CEO David Zaslav Says Warner Bros. Discovery Can Move Quickly If It Wants To Restructure
WBD
Published: May 08, 2025 by: Deadline
Sentiment: Neutral

WBD chief executive David Zaslav said an internal reorganization into two operating divisions, Global Linear Networks and Studios & Streaming, means “we can move quickly if we decide to change and make a determination on restructuring.

Read More
image for news CEO David Zaslav Says Warner Bros. Discovery Can Move Quickly If It Wants To Restructure
Warner Bros. Discovery shares climb as CNN parent weighs splitting company: report
WBD
Published: May 08, 2025 by: New York Post
Sentiment: Neutral

The company missed first-quarter revenue estimates and posted a larger-than-expected loss due to a sluggish box office performance and ongoing declines in cable.

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image for news Warner Bros. Discovery shares climb as CNN parent weighs splitting company: report
Warner Bros. Discovery, Inc. (WBD) Q1 2025 Earnings Call Transcript
WBD
Published: May 08, 2025 by: Seeking Alpha
Sentiment: Neutral

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 PM ET Company Participants Andrew Slabin - EVP, Global Investor Strategy David Zaslav - President, CEO Gunnar Wiedenfels - CFO JB Perrette - CEO & President, Global Streaming and Games Conference Call Participants Steven Cahall - Wells Fargo Peter Supino - Wolfe Research Bryan Kraft - Deutsche Bank David Karnovsky - JPMorgan Rich Greenfield - LightShed Jessica Reif Ehrlich - Bank of America Securities Robert Fishman - MoffettNathanson Ric Prentiss - Raymond James Operator Ladies and gentlemen, welcome to the Warner Bros.

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image for news Warner Bros. Discovery, Inc. (WBD) Q1 2025 Earnings Call Transcript
Warner Bros. Discovery (WBD) Reports Q1 Loss, Lags Revenue Estimates
WBD
Published: May 08, 2025 by: Zacks Investment Research
Sentiment: Negative

Warner Bros. Discovery (WBD) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.12.

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image for news Warner Bros. Discovery (WBD) Reports Q1 Loss, Lags Revenue Estimates
Warner Bros Discovery slides as weaker linear TV and movie slate overshadow streaming growth
WBD
Published: May 08, 2025 by: Proactive Investors
Sentiment: Negative

Shares in Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) fell by around 2% in Thursday's trade after the media conglomerate reported a 10% drop in first-quarter revenue, to $8.98 billion. The parent company of media brands including Max, HBO, WB, Discovery, TNT, DC Comics, and CNN made a net loss of $453 million over the three month period.

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image for news Warner Bros Discovery slides as weaker linear TV and movie slate overshadow streaming growth
Warner Brothers Discovery 1Q Loss Narrows, Sales Decline
WBD
Published: May 08, 2025 by: WSJ
Sentiment: Neutral

The media and entertainment company recorded a smaller loss, but lower sales, as weakness in linear TV offset gains in streaming.

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image for news Warner Brothers Discovery 1Q Loss Narrows, Sales Decline
Warner Bros. Discovery Grows Streaming Subs, Profit In Q1, Studio Revenue Takes A Hit
WBD
Published: May 08, 2025 by: Deadline
Sentiment: Positive

Warner Bros. Discovery had a mixed first quarter with beats on streaming subs and profit, a drop in revenue from the film studio, which turned around in Q2. Domestic linear advertising dipped. The company ended March with 122.3 million streaming subscribers,, an increase of 5.3 million subscribers vs Q4.

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image for news Warner Bros. Discovery Grows Streaming Subs, Profit In Q1, Studio Revenue Takes A Hit
Warner Bros. Discovery Stock Falls.
WBD
Published: May 08, 2025 by: Barrons
Sentiment: Negative

The entertainment company reported a wider first-quarter loss than Wall Street was expecting on Thursday.

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image for news Warner Bros. Discovery Stock Falls.
Warner Bros. Discovery Reports First-Quarter 2025 Results
WBD
Published: May 08, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , May 8, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended March 31, 2025.

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image for news Warner Bros. Discovery Reports First-Quarter 2025 Results
Government in 'active discussions' with US over film tariffs
CMCSA, DIS, NFLX, PARA, PARAA, WBD
Published: May 07, 2025 by: Skynews
Sentiment: Neutral

The government is in "active discussions" with top officials in the White House about Donald Trump's film tariffs, a minister has said.

Read More
image for news Government in 'active discussions' with US over film tariffs
Tax credits can stimulate domestic movie production much more effectively than tariffs: Tom Rogers
CMCSA, DIS, NFLX, PARA, PARAA, WBD
Published: May 06, 2025 by: CNBC Television
Sentiment: Neutral

Tom Rogers, Claigrid executive chairman and former NBC Cable president, joins 'Squawk Box' to preview Disney's quarterly earnings results, what to expect from the media giant, President Trump's targeting of Hollywood, impact of 100% tariff on foreign films on production, and more.

Read More
image for news Tax credits can stimulate domestic movie production much more effectively than tariffs: Tom Rogers
Complexities of Trump's movie tariffs difficult to navigate, says Vue CEO
CMCSA, DIS, NFLX, PARA, PARAA, WBD
Published: May 06, 2025 by: CNBC International TV
Sentiment: Negative

Tim Richards, founder and CEO of Vue, discusses the potential impact of U.S. President Donald Trump's movie tariffs on the European film industry.

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image for news Complexities of Trump's movie tariffs difficult to navigate, says Vue CEO
Hollywood is struggling, but some fear Trump's foreign film tariffs might do more harm than good
CMCSA, DIS, NFLX, PARA, PARAA, WBD
Published: May 05, 2025 by: Skynews
Sentiment: Negative

At Sony Production studios in Culver City, an area of Los Angeles steeped in the movie business, a steady stream of cars and lorries comes and goes through the security gate.

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image for news Hollywood is struggling, but some fear Trump's foreign film tariffs might do more harm than good
Can President Trump really put tariffs on films produced abroad? The law says no.
CMCSA, DIS, NFLX, PARA, PARAA, WBD
Published: May 05, 2025 by: Market Watch
Sentiment: Neutral

A law passed by Congress in 1988 explicitly bars the president from being able to regulate the import and export of films, books and music — something TikTok recently brought up.

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image for news Can President Trump really put tariffs on films produced abroad? The law says no.
Foreign-Made Movie Tariffs Weigh on 3 Entertainment Stocks
DIS, NFLX, WBD
Published: May 05, 2025 by: Schaeffers Research
Sentiment: Negative

President Donald Trump revealed over the weekend he allowed government agencies to impose a 100% levy on movies made outside of the U.S., which would significantly raise costs for entertainment companies.

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image for news Foreign-Made Movie Tariffs Weigh on 3 Entertainment Stocks
Warner Bros. Discovery (WBD) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
WBD
Published: May 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Besides Wall Street's top -and-bottom-line estimates for Warner Bros. Discovery (WBD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.

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image for news Warner Bros. Discovery (WBD) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Warner Bros. Discovery (WBD) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
WBD
Published: May 01, 2025 by: Zacks Investment Research
Sentiment: Negative

Warner Bros. Discovery (WBD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

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image for news Warner Bros. Discovery (WBD) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
The future of streaming television is starting to look an awful lot like cable TV
CHTR, CMCSA, DIS, PARA, PARAA, WBD
Published: April 28, 2025 by: Market Watch
Sentiment: Neutral

Streaming's à la carte choices are starting to deliver less growth potential — and the best way forward may be to bundle programming like cable does, a TD Cowen analyst said.

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image for news The future of streaming television is starting to look an awful lot like cable TV
Warner Bros. Discovery, Inc. (WBD) Is a Trending Stock: Facts to Know Before Betting on It
WBD
Published: April 25, 2025 by: Zacks Investment Research
Sentiment: Neutral

Recently, Zacks.com users have been paying close attention to Warner Bros. Discovery (WBD).

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image for news Warner Bros. Discovery, Inc. (WBD) Is a Trending Stock: Facts to Know Before Betting on It
Media & Tech Stocks Extend Rally As Trump Softens Stance On China Tariffs, Fed Chief
DIS, LYV, ROKU, TKO, WBD
Published: April 23, 2025 by: Deadline
Sentiment: Positive

Entertainment and tech shares followed markets higher extending a rally sparked by President Trump floating a possible détente in the China trade war and insisting he has no plan “whatsoever” to fire Jerome Powell after recently musing about the central bank chief's “termination.” Warner Bros.

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image for news Media & Tech Stocks Extend Rally As Trump Softens Stance On China Tariffs, Fed Chief
ROKU vs. WBD: Which Ad-Supported Streaming Stock is the Better Buy?
ROKU, WBD
Published: April 15, 2025 by: Zacks Investment Research
Sentiment: Positive

ROKU stands out as a better investment opportunity than WBD in 2025, given its exceptional advertising performance and strategies.

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image for news ROKU vs. WBD: Which Ad-Supported Streaming Stock is the Better Buy?
Warner Bros. Discovery CEO David Zaslav's Annual Pay Rises Slightly, Hits $51.9M
WBD
Published: April 11, 2025 by: Deadline
Sentiment: Neutral

Warner Bros. Discovery CEO David Zaslav saw his total compensation tick up to $51.9 million in 2024, from $49.7 million in 2023. The company released the compensation figures in its annual proxy statement.

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image for news Warner Bros. Discovery CEO David Zaslav's Annual Pay Rises Slightly, Hits $51.9M
How Bad Is It For Microchip (Nasdaq: MCHP), Warner Bros (Nasdaq: WBD) and Marvell (Nasdaq: MRVL) Right Now
MCHP, MRVL, WBD
Published: April 10, 2025 by: 24/7 Wall Street
Sentiment: Negative

Markets just gave back most of the day from yesterday's historic rally. All thanks to tariff uncertainty with China.

Read More
image for news How Bad Is It For Microchip (Nasdaq: MCHP), Warner Bros (Nasdaq: WBD) and Marvell (Nasdaq: MRVL) Right Now
Here is What to Know Beyond Why Warner Bros. Discovery, Inc. (WBD) is a Trending Stock
WBD
Published: April 01, 2025 by: Zacks Investment Research
Sentiment: Neutral

Warner Bros. Discovery (WBD) has received quite a bit of attention from Zacks.com users lately.

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image for news Here is What to Know Beyond Why Warner Bros. Discovery, Inc. (WBD) is a Trending Stock
Billionaire Stanley Druckenmiller Jettisoned Shares of Palantir and Nvidia, and Is Piling Into 3 High-Profile Turnaround Stocks
PM, TEVA, WBD
Published: March 24, 2025 by: The Motley Fool
Sentiment: Positive

Data is abundant, if not overwhelming, on Wall Street. Between earnings season -- the six-week period when a majority of S&P 500 companies unveil their quarterly operating results -- and near-daily economic data releases, it can be easy to miss something important.

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image for news Billionaire Stanley Druckenmiller Jettisoned Shares of Palantir and Nvidia, and Is Piling Into 3 High-Profile Turnaround Stocks
Upper Deck Launches First DC Trading Card Collection in Collaboration With Warner Bros. Discovery Global Consumer Products
WBD
Published: March 12, 2025 by: GlobeNewsWire
Sentiment: Neutral

CARLSBAD, Calif., March 12, 2025 (GLOBE NEWSWIRE) -- Upper Deck, the worldwide leader in entertainment and sports trading cards, games and collectibles, today launched its inaugural DC trading card set – DC Annual, marking the first full DC comics-based set available for purchase through the company's collaboration with Warner Bros.

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image for news Upper Deck Launches First DC Trading Card Collection in Collaboration With Warner Bros. Discovery Global Consumer Products

About Warner Bros. Discovery, Inc. (WBD)

  • IPO Date 2005-07-08
  • Website https://ir.wbd.com
  • Industry Entertainment
  • CEO David Zaslav
  • Employees 35000

Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming. The Network segment comprises domestic and international television networks. The DTC segment offers premium pay-tv and streaming services. In addition, the company offers portfolio of content, brands, and franchises across television, film, streaming, and gaming under the Warner Bros. Motion Picture Group, Warner Bros. Television Group, DC, HBO, HBO Max, Max, Discovery Channel, discovery+, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings brands. Further, it provides content through distribution platforms, including linear network, free-to-air, and broadcast television; authenticated GO applications, digital distribution arrangements, content licensing arrangements, and direct-to-consumer subscription products. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.