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

Netflix-Warner Bros. Discovery deal seen as attractive amid easing bidding war concerns
NFLX, WBD
Published: December 17, 2025 by: Proactive Investors
Sentiment: Positive

Analysts at Jefferies remain positive on Netflix Inc (NASDAQ:NFLX, XETRA:NFC) amid reports of growing likelihood for a Warner Bros Discovery Inc (NASDAQ:WBD, XETRA:J5A) acquisition. The optimism comes as WBD's board reportedly plans to ask shareholders to reject a $30-per-share takeover bid from Paramount Skydance (PSKY).

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image for news Netflix-Warner Bros. Discovery deal seen as attractive amid easing bidding war concerns
Markets Await More Economic Data
WBD
Published: December 17, 2025 by: Zacks Investment Research
Sentiment: Neutral

This morning, we take a pause from big economic prints and/or market-moving earnings reports. We're sandwiched between yesterday's big Employment Situation report and tomorrow's Consumer Price Index (CPI) and Inflation Rate, both of which were delayed due to the government shutdown.

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image for news Markets Await More Economic Data
Warner Bros. in Tug-of-War Between Paramount, Netflix
NFLX, PSKY, WBD
Published: December 17, 2025 by: Schaeffers Research
Sentiment: Neutral

Warner Bros.

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image for news Warner Bros. in Tug-of-War Between Paramount, Netflix
A Quiet Day? WBD, Fed Chair Interviews, Earnings Reports
WBD
Published: December 17, 2025 by: Zacks Investment Research
Sentiment: Neutral

Between WBD's letter to shareholders, interviews for a new Fed Chair and off-season earnings this morning and afternoon, we've got plenty of grist for the trading mill today.

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image for news A Quiet Day? WBD, Fed Chair Interviews, Earnings Reports
Jared Kushner's Affinity Partners pulls out of Paramount's bid for Warner Bros. Discovery
WBD
Published: December 17, 2025 by: New York Post
Sentiment: Neutral

Kushner's firm entered the fray and pitched in $200 million to Paramount's offer — a minor contribution, according to Bloomberg.

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image for news Jared Kushner's Affinity Partners pulls out of Paramount's bid for Warner Bros. Discovery
How much the bankers are getting paid as Netflix and Paramount fight to buy Warner Bros. Discovery
NFLX, PSKY, WBD
Published: December 17, 2025 by: Business Insider
Sentiment: Positive

Wall Street banks stand to gain $225 million from Warner Bros. Discovery's sale process.

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image for news How much the bankers are getting paid as Netflix and Paramount fight to buy Warner Bros. Discovery
Warner Bros. Discovery rejects Paramount's hostile bid, calls offer ‘illusory'
PSKY, WBD
Published: December 17, 2025 by: TechCrunch
Sentiment: Negative

Warner Bros. Discovery's (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison's Paramount Skydance, calling the offer “illusory,” and saying that Paramount had misled shareholders about its financing.

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image for news Warner Bros. Discovery rejects Paramount's hostile bid, calls offer ‘illusory'
Warner Bros board slams Paramount takeover bid as shareholders face $72B Netflix choice decision
NFLX, PSKY, WBD
Published: December 17, 2025 by: Fox Business
Sentiment: Negative

Warner Bros. Discovery board rejects Paramount's $30 per share takeover bid, calling it inadequate compared to Netflix's $72 billion merger deal.

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image for news Warner Bros board slams Paramount takeover bid as shareholders face $72B Netflix choice decision
Netflix appears to be in the driver's seat on Warner Bros. bid as board rejects Paramount offer
NFLX, PSKY, WBD
Published: December 17, 2025 by: Market Watch
Sentiment: Positive

Paramount Skydance's hostile bid for Warner Bros. Discovery appeared to be on shakier ground Wednesday, after the Warner Bros.

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image for news Netflix appears to be in the driver's seat on Warner Bros. bid as board rejects Paramount offer
Certainty of cable network spin off is a big plus for Netflix in WBD deal: Lightshed's Greenfield
NFLX, WBD
Published: December 17, 2025 by: CNBC Television
Sentiment: Positive

Rich Greenfield, Lightshed Partners, joins 'Squawk Box' to discuss the bids for Warner Bros. Discovery, if it'll come to a bidding war and much more.

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image for news Certainty of cable network spin off is a big plus for Netflix in WBD deal: Lightshed's Greenfield
VIEW Warner Bros Discovery board rejects hostile bid from Paramount
PSKY, WBD
Published: December 17, 2025 by: Reuters
Sentiment: Negative

Warner Bros Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances.

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image for news VIEW Warner Bros Discovery board rejects hostile bid from Paramount
Warner Preparing to Tell Shareholders to Reject Paramount Offer
PSKY, WBD
Published: December 16, 2025 by: WSJ
Sentiment: Neutral

Company to recommend existing Netflix deal as soon as Wednesday.

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image for news Warner Preparing to Tell Shareholders to Reject Paramount Offer
How Netflix CEO plans to run Warner Bros. and HBO
NFLX, WBD
Published: December 16, 2025 by: Yahoo Finance
Sentiment: Neutral

How Netflix CEO plans to run Warner Bros. and HBO.

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image for news How Netflix CEO plans to run Warner Bros. and HBO
Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WBD)
WBD
Published: December 16, 2025 by: GlobeNewsWire
Sentiment: Neutral

PHILADELPHIA, Dec. 16, 2025 (GLOBE NEWSWIRE) -- National plaintiffs' law firm Berger Montague PC advises shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD) (“Warner Bros.” or the “Company”) regarding an investigation into Warner Bros.' Board of Directors (the “Board”) for potential breaches of fiduciary duties to the Company and its shareholders, and other violations of state law, in connection with the proposed sale of the Company or certain parts of the Company.

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image for news Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WBD)
Paramount Threw a Wrench in Netflix's Bid to Acquire Warner Bros.
WBD
Published: December 16, 2025 by: MarketBeat
Sentiment: Negative

The drama surrounding Warner Bros. Discovery NASDAQ: WBD continues to heat up.

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image for news Paramount Threw a Wrench in Netflix's Bid to Acquire Warner Bros.
Warner Bros. Discovery, Inc. (WBD) Is a Trending Stock: Facts to Know Before Betting on It
WBD
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Neutral

Warner Bros. Discovery (WBD) has been one of the stocks most watched by Zacks.com users lately.

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image for news Warner Bros. Discovery, Inc. (WBD) Is a Trending Stock: Facts to Know Before Betting on It
Paramount highly motivated to get WBD deal done to address scale deficit, says Wolfe's Peter Supino
PSKY, WBD
Published: December 15, 2025 by: CNBC Television
Sentiment: Positive

Peter Supino, Wolfe Research, joins 'The Exchange' to discuss the issues facing Paramount Skydance.

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image for news Paramount highly motivated to get WBD deal done to address scale deficit, says Wolfe's Peter Supino
Cinemark Stock Could Fall Even More If Netflix Buys Warner Bros., Analyst Says
CNK, NFLX, WBD
Published: December 15, 2025 by: Barrons
Sentiment: Negative

Deutsche Bank analyst Bryan Kraft lowered his price target on Cinemark to $32 from $34.

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image for news Cinemark Stock Could Fall Even More If Netflix Buys Warner Bros., Analyst Says
Netflix responds to concerns about WBD deal
NFLX, WBD
Published: December 15, 2025 by: TechCrunch
Sentiment: Positive

In a move that has sent shockwaves through Hollywood, Netflix recently announced its plans to acquire Warner Bros. Discovery (WBD) for $82.7 billion.

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image for news Netflix responds to concerns about WBD deal
Wall Street Roundup: Market Reacts To Earnings
AAL, AVGO, AZO, DAL, DIS, FDX, JBLU, KBH, LEN, LUV, META, NFLX, NKE, NVDA, ORCL, PSKY, UAL, WBD
Published: December 12, 2025 by: Seeking Alpha
Sentiment: Negative

Oracle (ORCL) fell 11% post-earnings as revenue missed and operating expenses outpaced cloud revenue growth, raising debt and spending concerns. AI-driven margin pressures are surfacing across tech, with Broadcom (AVGO) sliding 10% despite strong results, as investors weigh infrastructure costs.

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image for news Wall Street Roundup: Market Reacts To Earnings
Either Netflix or Paramount buying Warner Bros. would be an unhappy ending for streaming customers
NFLX, PSKY, WBD
Published: December 12, 2025 by: Market Watch
Sentiment: Negative

Block the Warner Bros. Discovery sale, break up ‘”Big Streaming” and give subscribers lower prices.

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image for news Either Netflix or Paramount buying Warner Bros. would be an unhappy ending for streaming customers
Former TikTok CEO Mayer on the battle for WBD: ‘For Paramount, it's more of a must-win situation'
PSKY, WBD
Published: December 12, 2025 by: CNBC Television
Sentiment: Positive

Kevin Mayer, Candle Media CEO, former TikTok CEO, and former Disney senior executive, joins 'Money Movers' to discuss the new Disney-OpenAI deal, the battle between Netflix and Paramount over Warner Bros. Discovery, and more.

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image for news Former TikTok CEO Mayer on the battle for WBD: ‘For Paramount, it's more of a must-win situation'
Is Netflix Buying Warner Bros.? Where The Deal Stands After Paramount's Hostile Bid
NFLX, WBD
Published: December 12, 2025 by: Forbes
Sentiment: Neutral

Is Netflix still buying Warner Bros.? Paramount's $77.9 billion hostile takeover bid for Warner Bros.

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image for news Is Netflix Buying Warner Bros.? Where The Deal Stands After Paramount's Hostile Bid
Netflix's $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim
NFLX, WBD
Published: December 12, 2025 by: Reuters
Sentiment: Negative

Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts doubt regulators will buy that argument. The streaming giant's $72 billion takeover of Warner Bros Discovery's studios and HBO Max will face scrutiny from U.S. and global regulators, given its scale and the combined 428 million subscribers.

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image for news Netflix's $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim
Why does Netflix want to buy Warner Bros? To copy, not kill, traditional TV
NFLX, WBD
Published: December 12, 2025 by: TechXplore
Sentiment: Neutral

The recent news that Netflix has agreed to buy part of Warner Bros Discovery (WBD) for US$83 billion (£61.8 billion), followed by Paramount Global's hostile counterbid to acquire WBD in its entirety for US$108.4 billion, has triggered shockwaves through Hollywood and the wider entertainment industry.

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image for news Why does Netflix want to buy Warner Bros? To copy, not kill, traditional TV
Stock Of The Day: Where Will The Warner Bros. Bidding War End?
WBD
Published: December 11, 2025 by: Benzinga
Sentiment: Positive

Trading in Warner Bros. Discovery, Inc. (NASDAQ: WBD) is quiet on Thursday.

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image for news Stock Of The Day: Where Will The Warner Bros. Bidding War End?
Netflix should walk away from the Warner Bros. deal and buy Sony Pictures, says GAMCO Investors CEO
NFLX, SONY, WBD
Published: December 11, 2025 by: CNBC Television
Sentiment: Neutral

Mario Gabelli, GAMCO Investors chairman and CEO, joins ‘Squawk on the Street' to discuss the Paramount and Netflix battle for Warner Brothers, Versant's potential market valuation and more.

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image for news Netflix should walk away from the Warner Bros. deal and buy Sony Pictures, says GAMCO Investors CEO
Warner Bros. Discovery bidding war is not over yet, says Oakmark's Alex Fitch
WBD
Published: December 10, 2025 by: CNBC Television
Sentiment: Neutral

Alex Fitch, partner and portfolio manager at Oakmark, joins 'Money Movers' to discuss the Warner Bros. Discovery bidding war, the value of linear, and more.

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image for news Warner Bros. Discovery bidding war is not over yet, says Oakmark's Alex Fitch
Investors Bet That a Higher Bid for Warner Bros. Is Coming
WBD
Published: December 10, 2025 by: WSJ
Sentiment: Positive

Media company's shares surged Tuesday and Wednesday, with hedge funds hoping for Paramount, Netflix bidding war.

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image for news Investors Bet That a Higher Bid for Warner Bros. Is Coming
Trump's Interest in Warner Bros. Deal Weighs On Justice Department
WBD
Published: December 10, 2025 by: NYTimes
Sentiment: Negative

President Trump's unusual decision to involve himself in the government's review of the deal puts his antitrust chief in an awkward position.

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image for news Trump's Interest in Warner Bros. Deal Weighs On Justice Department

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.