WBD · Warner Bros. Discovery, Inc.
Communication Services NMS United States wbd.com ↗
BEARISH HOLD
Val Gro Qua Mom Sta Cap P/S1.73 P/E Fwd P/E1165.45 PEG216.92 52W –  RSI Target$29.82 (+16.3%) Beta1.55 Div
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RSI (14)
Pattern Overlays
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Entertainment New York, United States 35,500 employees
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment is involved in the production and release of feature films for initial exhibition in theaters, production and initial licensing of television programs to third parties and its networks/streaming services. This segment also distributes films and television programs to various third-party and internal television, streaming services, and physical and digital home entertainment markets; related consumer products and themed experience licensing; and publishes, develops, licenses, and distributes content for the interactive space in platforms, including console, handheld, mobile, and PC-based gaming for both internal and third-party game titles. The Global Linear Networks segment provides general and lifestyle entertainment networks, news networks; and hosts international media networks and global sports networks. In addition, the company offers a portfolio of content and products for television, film, streaming, interactive gaming, publishing, themed experiences, and consumer products under the Discovery Channel, HBO Max, CNN, DC Studios, TNT Sports, HBO, Food Network, TLC, TBS, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Games, Adult Swim, Turner Classic Movies, and other brands. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.
52-Week Range
52W Low 52W High
Position in Range
RSI (14)
0 · Oversold RSI 39 Overbought · 100
Signal Neutral
EMA Price Levels
Volume Analysis
Momentum Dashboard
Trend Strength
Detected Patterns
1Bullish
1Bearish
0Neutral
▲ Double Bottom — Two lows ~$26.02 — bullish reversal confirmed
▼ Double Top — Two peaks ~$27.48 — bearish reversal confirmed

View overlays on the price chart via Chart tab → Pattern Overlays.

Next Earnings Aug 06, 2026
Beat Rate 50%
Consensus HOLD
Analyst Upside +16.3%
EPS — History & Forecast
Estimate Beat Miss Forecast
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Revenue — History & Forecast
Revenue Forecast
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EPS Beat Rate
50% 3/6 quarters
Wall Street Consensus
HOLD
2
16
1
BuyHoldSell
Price Target Range
$29.82 +16.3% upside
Low $26 High $31
Consensus Current price
Wall Street Analyst Ratings
FirmRatingChangeActionDate
Seaport Global Neutral Buy Neutral ▼ Downgrade 2026-07-27
UBS Neutral ↔ Maintain 2026-05-07
Guggenheim Neutral ↔ Reiterate 2026-05-07
Freedom Broker Hold ↔ Maintain 2026-03-10
TD Cowen Hold ↔ Maintain 2026-02-27
Raymond James Underperform Outperform Underperform ▼ Downgrade 2026-02-27
Benchmark Hold Buy Hold ▼ Downgrade 2026-02-27
Bernstein Market Perform ↔ Maintain 2026-02-25
Barrington Research Market Perform Outperform Market Perform ▼ Downgrade 2025-12-05
Wells Fargo Equal-Weight ↔ Maintain 2025-11-07
Rothschild & Co Buy Neutral Buy ▲ Upgrade 2025-10-30
Seaport Global 2026-07-27
Neutral (from Buy) ▼ Downgrade
UBS 2026-05-07
Neutral ↔ Maintain
Guggenheim 2026-05-07
Neutral ↔ Reiterate
Freedom Broker 2026-03-10
Hold ↔ Maintain
TD Cowen 2026-02-27
Hold ↔ Maintain
Raymond James 2026-02-27
Underperform (from Outperform) ▼ Downgrade
Benchmark 2026-02-27
Hold (from Buy) ▼ Downgrade
Bernstein 2026-02-25
Market Perform ↔ Maintain
Barrington Research 2025-12-05
Market Perform (from Outperform) ▼ Downgrade
Wells Fargo 2025-11-07
Equal-Weight ↔ Maintain
Rothschild & Co 2025-10-30
Buy (from Neutral) ▲ Upgrade
Profitability
Gross Margin 45.75%TTM
Op. Margin 8.59%TTM
ROE -4.96%TTM
Rev. Growth -1.00%YoY
Free Cash Flow 18.47BTTM
FCF Yield TTM
Balance Sheet
Debt / Equity 96.32MRQ
Current Ratio 0.73MRQ
Cash 3.30BMRQ
Total Debt 32.47BMRQ
Net Debt MRQ
How WBD Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
QuarterRevenueRev YoYGross Profit Op. IncomeNet IncomeNet YoY Gross %Op %Net %
Full Key Statistics
Valuation
Market Cap64.28B
Enterprise Value94.58B
Trailing P/EN/A
Forward P/E1165.45
PEG Ratio (5yr)216.92
Price/Sales (ttm)1.73
Price/Book (mrq)1.97
EV/Revenue2.54
EV/EBITDA12.47
Share Statistics
Avg Vol (3m)21.27M
Shares Outstanding2.51B
Float2.38B
% Held by Insiders4.21%
% Held by Institutions75.37%
Short Ratio2.93
Short % of Float2.60%
Profitability
Gross Margin45.75%
Operating Margin (ttm)8.59%
Profit Margin-4.67%
Return on Assets (ttm)1.39%
Return on Equity (ttm)-4.96%
Income Statement
Revenue (ttm)37.21B
Revenue Growth (yoy)-1.00%
Gross Profit (ttm)17.02B
EBITDA7.58B
Net Income (ttm)-1.74B
Diluted EPS (ttm)-0.70
EPS Growth (yoy)N/A
Balance Sheet
Total Cash (mrq)3.30B
Total Debt (mrq)32.47B
Debt / Equity (mrq)96.32
Current Ratio (mrq)0.73
Book Value / Share12.99
Operating CF (ttm)3.56B
Free Cash Flow (ttm)18.47B
Trading & Dividends
Beta (5Y)1.55
50-Day MA26.66
200-Day MA26.38
Fwd Dividend YieldN/A
Payout Ratio0.00%
Ownership Breakdown
Institutional 75.37% Insider 4.21% Public 20.4%
Short Interest 2.60% of float
Low
Institutional 13F Holdings

Famous investors who disclosed a position in WBD in their latest SEC 13F filing.

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Insider Transactions
DateInsiderRoleTransactionSharesValue
2026-07-13 ZASLAV DAVID M Chief Executive Officer Conversion of Exercise of derivative security at price 10.16 per share. 2,089,876 $21,233,140
2026-07-13 ZASLAV DAVID M Chief Executive Officer Sale at price 27.22 per share. 2,184,782 $59,469,766
2026-06-30 NOTO ANTHONY J. Director 1,079
2026-06-09 LEE DEBRA L Director 9,067
2026-06-09 YANG GEOFFREY Y Director 9,067
2026-06-09 GOULD PAUL A Director 9,067
2026-06-09 LOWE KENNETH W Director 9,067
2026-06-09 LEVIN JOSEPH M Director 9,067
2026-06-09 SANCHEZ DANIEL E Director 9,067
2026-06-09 FISHER RICHARD W. Director 9,067
2026-06-09 PRICE PAULA A Director 9,067
2026-06-09 LEVY ANTON J Director 9,067
2026-06-09 NOTO ANTHONY J. Director 9,067
2026-06-09 DI PIAZZA SAMUEL A. JR. Director 9,067
2026-03-27 PRICE PAULA A Director 1,340
2026-03-27 NOTO ANTHONY J. Director 1,063
2026-03-16 PERRETTE JEAN-BRIAC Officer Sale at price 27.42 per share. 659,120 $18,073,070
2026-03-16 MERCHANT FAZAL F Director Sale at price 27.48 per share. 35,000 $961,800
2026-03-16 GOULD PAUL A Director Sale at price 27.35 per share. 600,000 $16,410,000
2026-03-10 AIYAR PRIYA Officer Conversion of Exercise of derivative security at price 11.02 per share. 77,243 $851,218
2026-03-10 AIYAR PRIYA Officer Sale at price 27.85 per share. 98,651 $2,747,430
2026-03-10 LEE DEBRA L Director 16,345
2026-03-09 CAMPBELL BRUCE L Officer Sale at price 27.82 per share. 41,784 $1,162,431
2026-03-04 WIEDENFELS GUNNAR Chief Financial Officer Conversion of Exercise of derivative security at price 8.67 - 15.02 per share. 346,133 $3,871,909
2026-03-04 CAMPBELL BRUCE L Officer Conversion of Exercise of derivative security at price 8.67 - 25.70 per share. 755,109 $11,840,949
ZASLAV DAVID M Chief Executive Officer
Conversion of Exercise of derivative security at price 10.16 per share.
2026-07-13 2,089,876 sh $21,233,140
ZASLAV DAVID M Chief Executive Officer
Sale at price 27.22 per share.
2026-07-13 2,184,782 sh $59,469,766
NOTO ANTHONY J. Director
2026-06-30 1,079 sh
LEE DEBRA L Director
2026-06-09 9,067 sh
YANG GEOFFREY Y Director
2026-06-09 9,067 sh
GOULD PAUL A Director
2026-06-09 9,067 sh
LOWE KENNETH W Director
2026-06-09 9,067 sh
LEVIN JOSEPH M Director
2026-06-09 9,067 sh
SANCHEZ DANIEL E Director
2026-06-09 9,067 sh
FISHER RICHARD W. Director
2026-06-09 9,067 sh
PRICE PAULA A Director
2026-06-09 9,067 sh
LEVY ANTON J Director
2026-06-09 9,067 sh
NOTO ANTHONY J. Director
2026-06-09 9,067 sh
DI PIAZZA SAMUEL A. JR. Director
2026-06-09 9,067 sh
PRICE PAULA A Director
2026-03-27 1,340 sh
NOTO ANTHONY J. Director
2026-03-27 1,063 sh
PERRETTE JEAN-BRIAC Officer
Sale at price 27.42 per share.
2026-03-16 659,120 sh $18,073,070
MERCHANT FAZAL F Director
Sale at price 27.48 per share.
2026-03-16 35,000 sh $961,800
GOULD PAUL A Director
Sale at price 27.35 per share.
2026-03-16 600,000 sh $16,410,000
AIYAR PRIYA Officer
Conversion of Exercise of derivative security at price 11.02 per share.
2026-03-10 77,243 sh $851,218
AIYAR PRIYA Officer
Sale at price 27.85 per share.
2026-03-10 98,651 sh $2,747,430
LEE DEBRA L Director
2026-03-10 16,345 sh
CAMPBELL BRUCE L Officer
Sale at price 27.82 per share.
2026-03-09 41,784 sh $1,162,431
WIEDENFELS GUNNAR Chief Financial Officer
Conversion of Exercise of derivative security at price 8.67 - 15.02 per share.
2026-03-04 346,133 sh $3,871,909
CAMPBELL BRUCE L Officer
Conversion of Exercise of derivative security at price 8.67 - 25.70 per share.
2026-03-04 755,109 sh $11,840,949