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

OverviewForecast
EarningsDividendOwnership

Analyst price target for WMG

Based on 8 analysts offering 12 month price targets for Warner Music Group Corp.
Min Forecast
$23.00-16.67%
Avg Forecast
$36.13+30.89%
Max Forecast
$45.00+63.04%

Should I buy or sell WMG stock?

Based on 8 analysts offering ratings for Warner Music Group Corp.
Buy
Strong Buy
4 analysts 50%
Buy
1 analysts 12.5%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

Be the first to know when Wall Street analysts revise their WMG stock forecasts and price targets.

WMG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-13
lockedlocked$00.00+00.00%2024-08-08
lockedlocked$00.00+00.00%2024-08-08
lockedlocked$00.00+00.00%2024-08-08
lockedlocked$00.00+00.00%2024-07-11
Redburn Atlantic
Bottom 48%
48
Strong SellDowngrades$23.00-16.67%2024-07-10
Morgan Stanley
Top 4%
97
Strong BuyMaintains$41.00+48.55%2024-05-10
Loop Capital
Bottom 11%
11
HoldMaintains$38.00+37.68%2024-04-18
Guggenheim
Top 8%
93
Strong BuyMaintains$45.00+63.04%2024-04-05

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Forecast return on equity

Is WMG forecast to generate an efficient return?
Company
224.11%
Industry
-31.28%
Market
59.09%
WMG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WMG forecast to generate an efficient return on assets?
Company
12.26%
Industry
14.56%
WMG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WMG earnings per share forecast

What is WMG's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$1.04-0.32%
Avg 2 year Forecast
$1.42+36.54%
Avg 3 year Forecast
$1.72+65.7%
WMG's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

WMG revenue forecast

What is WMG's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$6.4B+0.37%
Avg 2 year Forecast
$6.7B+5.47%
Avg 3 year Forecast
$7.2B+13.42%
WMG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WMG earnings growth forecast

How is WMG forecast to perform vs Entertainment companies and vs the US market?
Company
18.75%
Industry
19.46%
Market
17.02%
WMG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WMG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
WMG's earnings are forecast to... subscribe to Premium to read more.
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
4.1%
Industry
5.23%
Market
9.26%
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$27.60$36.13+30.89%Buy
NWSA$26.57$37.00+39.25%Strong Buy
WBD$7.22$10.03+38.93%Buy
SIRI$2.73$3.82+39.74%Hold
FOXA$40.31$39.40-2.26%Buy
View Top Entertainment Stocks

Warner Music Group Stock Forecast FAQ

Is Warner Music Group Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: WMG) stock is to Buy WMG stock.

Out of 8 analysts, 4 (50%) are recommending WMG as a Strong Buy, 1 (12.5%) are recommending WMG as a Buy, 2 (25%) are recommending WMG as a Hold, 0 (0%) are recommending WMG as a Sell, and 1 (12.5%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: WMG) Warner Music Group's forecast annual earnings growth rate of 18.75% is not forecast to beat the US Entertainment industry's average forecast earnings growth rate of 19.46%, and while it is forecast to beat the US market's average forecast earnings growth rate of 17.02%.

Warner Music Group's earnings in 2024 is $546,000,000.On average, 3 Wall Street analysts forecast WMG's earnings for 2024 to be $536,926,489, with the lowest WMG earnings forecast at $517,918,867, and the highest WMG earnings forecast at $559,352,376. On average, 5 Wall Street analysts forecast WMG's earnings for 2025 to be $735,444,791, with the lowest WMG earnings forecast at $694,011,282, and the highest WMG earnings forecast at $813,132,621.

In 2026, WMG is forecast to generate $892,529,584 in earnings, with the lowest earnings forecast at $839,028,565 and the highest earnings forecast at $968,508,281.

What is WMG's revenue growth forecast for 2024-2026?

(NASDAQ: WMG) Warner Music Group's forecast annual revenue growth rate of 4.1% is not forecast to beat the US Entertainment industry's average forecast revenue growth rate of 5.23%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.26%.

Warner Music Group's revenue in 2024 is $6,382,000,000.On average, 4 Wall Street analysts forecast WMG's revenue for 2024 to be $3,317,605,954,561, with the lowest WMG revenue forecast at $3,300,937,253,745, and the highest WMG revenue forecast at $3,330,736,233,677. On average, 4 Wall Street analysts forecast WMG's revenue for 2025 to be $3,486,244,481,007, with the lowest WMG revenue forecast at $3,433,739,937,946, and the highest WMG revenue forecast at $3,558,102,616,290.

In 2026, WMG is forecast to generate $3,749,020,976,557 in revenue, with the lowest revenue forecast at $3,657,739,847,923 and the highest revenue forecast at $3,885,427,340,234.

What is WMG's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: WMG) forecast ROA is 12.26%, which is lower than the forecast US Entertainment industry average of 14.56%.

What is WMG's Price Target?

According to 8 Wall Street analysts that have issued a 1 year WMG price target, the average WMG price target is $36.13, with the highest WMG stock price forecast at $45.00 and the lowest WMG stock price forecast at $23.00.

On average, Wall Street analysts predict that Warner Music Group's share price could reach $36.13 by Aug 13, 2025. The average Warner Music Group stock price prediction forecasts a potential upside of 30.89% from the current WMG share price of $27.60.

What is WMG's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: WMG) Warner Music Group's current Earnings Per Share (EPS) is $1.04. On average, analysts forecast that WMG's EPS will be $1.04 for 2024, with the lowest EPS forecast at $1.00, and the highest EPS forecast at $1.08. On average, analysts forecast that WMG's EPS will be $1.42 for 2025, with the lowest EPS forecast at $1.34, and the highest EPS forecast at $1.57. In 2026, WMG's EPS is forecast to hit $1.72 (min: $1.62, max: $1.87).

What is WMG's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: WMG) forecast ROE is 224.11%, which is considered strong.
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