Warner Bros. Discovery, Inc. , a media company, provides content across various distribution platforms in approximately 50 languages worldwide.
Warner Bros Discovery stock last closed at $11.40, up 2.33% from the previous day, and has decreased 51.01% in one year. It has underperformed other stocks in the Entertainment industry by 0.12 percentage points. Warner Bros Discovery stock is currently +19.75% from its 52-week low of $9.52, and -63.87% from its 52-week high of $31.55.
There are currently 2.43B WBD shares outstanding. The market cap of WBD is $27.68B. In the last 24 hours, 25.99M WBD shares were traded.
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Analysts use a variety of different financial metrics, analyses, models, and charts to gauge WBD's true value.
Using relative valuations metrics:
You can do more valuation analysis on WBD's stock here.
Out of 15 Wall Street analysts who give recommendations on WBD, the consensus analyst rating on Warner Bros Discovery is a Buy
Jason Bazinet, a bottom 4% analyst from Citigroup maintains WBD with a strong buy rating and lowers their WBD price target from $21.00 to $18.00, on Nov 10, 2022.
Kutgun Maral, a bottom 20% analyst from RBC Capital maintains WBD with a buy rating and lowers their WBD price target from $44.00 to $27.00, on Nov 7, 2022.
Maral lowered his price target on Warner Bros. Discovery, Inc. by 38.6% following the release of the company's Q3 2022 earnings report on 2022/11/03.
Q3 results were "mixed," the analyst summarized, and "consistent with industry trends impacted by cyclical advertising headwinds and secular challenges from cord-cutting."
However, at an enterprise-value-to-expected-EBITDA multiple of just 5.6x, Maral told investors the valuation on Warner Bros. Discovery is "incredibly compelling".
For Q3 2022, Warner Bros. Discovery reported:
Management did not provide guidance in its press release.
President & CEO David Zaslav commented: "We have one of the strongest portfolios of assets and IP across sports, news, and entertainment, and the right strategy and financial framework to drive profitability, generate meaningful shareholder value, and ultimately position us for long-term success.
"We are reimagining and transforming the organization for the future while driving synergy enterprise-wide, increasing our target to at least $3.5 billion, and making significant progress on our combined DTC product.
"While we have lots more work to do, and there are some difficult decisions still to be made, we have total conviction in the opportunity ahead."
Steven Cahall, a top 24% analyst from Wells Fargo maintains WBD with a hold rating and lowers their WBD price target from $16.00 to $13.00, on Nov 4, 2022.
Douglas Mitchelson, a top 12% analyst from Credit Suisse maintains WBD with a buy rating and lowers their WBD price target from $39.00 to $36.00, on Oct 13, 2022.
Benjamin Swinburne, a top 14% analyst from Morgan Stanley maintains WBD with a hold rating and lowers their WBD price target from $18.00 to $16.00, on Oct 11, 2022.
You can dig deeper into what analysts are projecting on the Warner Bros Discovery stock forecast page.
Last year, WBD revenue was $26.00B. In the last five year, WBD's revenue has gone up by 31.22% per year. This was faster than the Entertainment industry average of 15.09%.
Dive into WBD's earnings and revenue performance here.
In the last 12 months, executives and large shareholders at WBD have sold more shares than they have bought.
Fazal F. Merchant, Director of WBD, was the latest WBD insider to buy. They bought $494,550.00 worth of WBD shares on Aug 8, 2022.
Dig into more about who owns WBD stock here.
No, Warner Bros Discovery doesn't provide an income stream by paying out dividends.
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