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NASDAQ: WMG
Warner Music Group Corp Stock Forecast, Predictions & Price Target

Analyst price target for WMG

Based on 10 analysts offering 12 month price targets for Warner Music Group Corp.
Min Forecast
$24.00-1.4%
Avg Forecast
$33.90+39.28%
Max Forecast
$41.00+68.45%

Should I buy or sell WMG stock?

Based on 10 analysts offering ratings for Warner Music Group Corp.
Strong Buy
Strong Buy
6 analysts 60%
Buy
2 analysts 20%
Hold
2 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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WMG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Atlantic Equities
Top 27%
74
HoldDowngrades$26.00+6.60%2023-06-02
Citigroup
Top 9%
92
HoldMaintains$29.00+18.90%2023-05-23
Truist Securities
Top 25%
76
Strong BuyMaintains$32.00+31.20%2023-05-16
JMP Securities
Top 9%
92
BuyMaintains$24.00-1.60%2023-05-12
Morgan Stanley
Top 5%
96
Strong BuyMaintains$32.00+31.20%2023-05-11
Credit Suisse
Top 22%
79
BuyMaintains$32.00+31.20%2023-05-10
JP Morgan
Bottom 19%
19
Strong BuyMaintains$40.00+64.00%2023-04-25
Barclays
Top 21%
80
HoldMaintains$34.00+39.40%2023-04-14
Guggenheim
Top 12%
89
Strong BuyUpgrades$36.00+47.60%2023-03-22
Goldman Sachs
Bottom 15%
15
Strong BuyMaintains$39.00+59.90%2023-02-10

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Forecast return on equity

Is WMG forecast to generate an efficient return?
Company
N/A
Industry
3.45%
Market
71.27%

Forecast return on assets

Is WMG forecast to generate an efficient return on assets?
Company
N/A
Industry
1.65%

WMG earnings growth forecast

How is WMG forecast to perform vs Entertainment companies and vs the US market?
Company
24.5%
Industry
32.96%
Market
25.63%
WMG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

WMG revenue growth forecast

How is WMG forecast to perform vs Entertainment companies and vs the US market?
Company
8.53%
Industry
5.41%
Market
8.44%
WMG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WMG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WMG vs Entertainment Stocks

TickerPricePrice TargetUp/downsideConsensus
WMG$24.39$33.90+38.99%Strong Buy
LBRDA$74.46$146.50+96.75%Strong Buy
PARA$15.39$19.91+29.36%Hold
EDR$22.19$32.20+45.11%Strong Buy
ROKU$58.55$69.89+19.37%Buy

Warner Music Group Stock Forecast FAQ

Is Warner Music Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: WMG) stock is to Strong Buy WMG stock.

Out of 10 analysts, 6 (60%) are recommending WMG as a Strong Buy, 2 (20%) are recommending WMG as a Buy, 2 (20%) are recommending WMG as a Hold, 0 (0%) are recommending WMG as a Sell, and 0 (0%) are recommending WMG as a Strong Sell.

If you're new to stock investing, here's how to buy Warner Music Group stock.

What is WMG's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: WMG) forecast ROE is N/A, which is considered weak.

What is WMG's Price Target?

According to 10 Wall Street analysts that have issued a 1 year WMG price target, the average WMG price target is $33.90, with the highest WMG stock price forecast at $41.00 and the lowest WMG stock price forecast at $24.00.

On average, Wall Street analysts predict that Warner Music Group's share price could reach $33.90 by May 23, 2024. The average Warner Music Group stock price prediction forecasts a potential upside of 38.99% from the current WMG share price of $24.39.

What is WMG's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: WMG) forecast ROA is N/A, which is lower than the forecast US Entertainment industry average of 1.65%.
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