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

Analyst price target for WMG

Based on 3 analysts offering 12 month price targets for Warner Music Group Corp.
Min Forecast
$21.00-37.2%
Avg Forecast
$39.33+17.62%
Max Forecast
$52.00+55.5%

Should I buy or sell WMG stock?

Based on 3 analysts offering ratings for Warner Music Group Corp.
Buy
Strong Buy
1 analysts 33.33%
Buy
1 analysts 33.33%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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WMG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-02-05
lockedlocked$00.00+00.00%2023-11-15
lockedlocked$00.00+00.00%2023-10-18

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Forecast return on equity

Is WMG forecast to generate an efficient return?
Company
N/A
Industry
4.19%
Market
36.19%

Forecast return on assets

Is WMG forecast to generate an efficient return on assets?
Company
N/A
Industry
2.13%

WMG revenue forecast

What is WMG's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$6.5B+3.78%
Avg 2 year Forecast
$6.9B+9.41%
Avg 3 year Forecast
$7.5B+18.47%
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
27.87%
Industry
39.48%
Market
21.62%
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
5.64%
Industry
7.07%
Market
10.34%
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$33.44$39.33+17.62%Buy
TKO$98.00$108.67+10.88%Strong Buy
FWONA$59.49$73.00+22.71%Hold
FOXA$30.09$33.50+11.33%Hold
WBD$8.34$13.17+57.88%Buy

Warner Music Group Stock Forecast FAQ

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

The consensus among 3 Wall Street analysts covering (NASDAQ: WMG) stock is to Buy WMG stock.

Out of 3 analysts, 1 (33.33%) are recommending WMG as a Strong Buy, 1 (33.33%) are recommending WMG as a Buy, 1 (33.33%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: WMG) Warner Music Group's forecast annual revenue growth rate of 5.64% is not forecast to beat the US Entertainment industry's average forecast revenue growth rate of 7.07%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.34%.

Warner Music Group's revenue in 2024 is $6,297,000,000.On average, 4 Wall Street analysts forecast WMG's revenue for 2024 to be $3,384,272,020,979, with the lowest WMG revenue forecast at $3,363,142,987,859, and the highest WMG revenue forecast at $3,431,480,513,152. On average, 4 Wall Street analysts forecast WMG's revenue for 2025 to be $3,567,900,766,212, with the lowest WMG revenue forecast at $3,493,186,052,413, and the highest WMG revenue forecast at $3,658,830,338,880.

In 2026, WMG is forecast to generate $3,863,574,652,323 in revenue, with the lowest revenue forecast at $3,722,172,382,581 and the highest revenue forecast at $4,079,867,715,456.

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

(NASDAQ: WMG) forecast ROA is N/A, which is lower than the forecast US Entertainment industry average of 2.13%.

What is WMG's Price Target?

According to 3 Wall Street analysts that have issued a 1 year WMG price target, the average WMG price target is $39.33, with the highest WMG stock price forecast at $52.00 and the lowest WMG stock price forecast at $21.00.

On average, Wall Street analysts predict that Warner Music Group's share price could reach $39.33 by Apr 5, 2025. The average Warner Music Group stock price prediction forecasts a potential upside of 17.62% from the current WMG share price of $33.44.

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

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