Warner Bros. Discovery, Inc.(WBD)NASDAQ
Stock Overview & Analysis
Warner Bros. Discovery, Inc. (WBD) quick overview 2026-02-20
- The stock is currently trading at $28.75, experiencing a price strength within a larger uptrend—trading above its 50-day average while holding above the 200-day.
- Analysts appear optimistic, with a 1-year price target of $28.91 (0.6% upside).
- Volatility is elevated (15.36% annualized), implying wide price swings.
- The fundamental story is nuanced: solid revenue growth (-6.00% YoY) alongside significant competitive pressures.
Here's What You Need to Know Right Now
Concise, actionable context
Warner Bros. Discovery, Inc. - Historical Price & Volume
Market Cap
Enterprise Value: $101.82B
P/E Ratio
Forward P/E: -155.08
Revenue Growth
Year over Year
Analyst Target
+0.6% upside potential
Key Investor Questions
Clarity over jargon
- Technicals say: Neutral (RSI 63.87)
- Fundamentals say: Challenging (declining revenue trends)
- Future growth will depend on performance in core Entertainment operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
- $33.52B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Entertainment.
Trading Range
Over the past year, the stock traded between $7.52 and $30.00—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility
With 15.36% annualized volatility and β=1.62, the stock exhibits high sensitivity to market moves—suitable for investors comfortable with active risk management.
Ownership Snapshot
High institutional backing, but elevated short interest signals a potential battleground stock.
Analyst Sentiment
Latest News
Recent headlines and coverage
Trump Demands Netflix Oust Susan Rice From Board
The president’s comments come as Netflix tries to secure a deal and antitrust approval to buy Warner’s studios and the HBO streaming service.
Trump targets Netflix board amid $108B bidding war for Warner Bros. Discovery
Investing.com – In a recent post on Truth Social, President Donald Trump called for Netflix Inc. (NASDAQ: NFLX) to remove Ambassador Susan Rice from its board of directors, citing her recent comments regarding potential repercussions for companies that support his administration.
Trump threatens Netflix with ‘consequences’ over Rice board seat
Rice, who was former President Barack Obama’s national security adviser and United Nations ambassador and also served in Joe Biden’s White House, said on a podcast that corporations, news organizations and law firms that went along with Trump’s demands for loyalty now see their actions were unpopular. “They’re going to be held accountable” if Democrats return to power, she said.
DOJ Probes Netflix’s Power Over Filmmakers in Warner Deal Review
The department is seeking to determine whether the deal “may substantially lessen competition or tend to create a monopoly in violation of Section 7 of the Clayton Act or Section 2 of the Sherman Act,” according to a copy of a civil investigative demand reviewed by Bloomberg News that was sent Friday. The language in the demand, an administrative subpoena that hasn’t been previously reported, is the clearest sign yet that the Trump administration is going beyond a standard deal review as it investigates the merger, refuting an argument by Netflix in recent weeks that the government is not engaged in anything beyond the typical process. The broad scope of the review is also a strong indication that it will take many more months before the government decides whether to challenge the Netflix-Warner Bros. deal in court — a delay that may benefit rival bidder Paramount Skydance Corp.
Netflix quietly pulls the plug on millions of devices
Netflix has been at the center of attention over the last few months, not due to its new offerings and deal, but mostly because of the heated negotiations about the possible acquisition of Warner Bros. Discover (WBD), including its film and television studios, HBO Max and HBO. However, ...
Justice Department Probes The Impact Of Warner Bros. Sale On Theatre Businesses: Report
The Department of Justice (DOJ) has reportedly summoned a few of the largest theatre chain owners in the country to assess the impact of the potential sale of Warner Bros. Discovery Inc. (NASDAQ:WBD). Federal lawyers are trying to gather information on whether the sale would affect the movie-going public or the number of movies released in theatres, Bloomberg reported on Wednesday. Don't Miss: Explore the Fire-Safe Energy Storage Company With $185M in Contracted Revenue Own the Characters, Not J
MarketBeat Week in Review – 02/16 - 02/20
If investors are waiting for less market volatility, they’ll have to wait a little longer, but the MarketBeat analysts help investors find the opportunities
Gary Black Says Netflix Will Emerge As 'Victor' In Warner Bros. Takeover Bid, Sees Stock Rebound To $100 Even If Paramount Wins
Analyst Gary Black believes Netflix Inc. (NASDAQ:NFLX) holds the upper hand in the escalating takeover battle for Warner Bros. Discovery (NASDAQ:WBD), arguing that the streaming giant's stronger strategic synergies position it to ultimately prevail over rival bidder Paramount Skydance (NASDAQ:PSKY). On Tuesday, Black wrote on X that he expects Netflix to "emerge as victor" in the contest. However, he added that even in a scenario where Paramount succeeds in clinching the deal, Netflix shares cou
Humanoid Robots Are at the Gate. The Problem: Cost.
Chinese companies like Unitree are pushing out robots that resemble and act like humans. Progress has been swift, fueled by AI, but manufacturing costs are high.
Want to Win the Warner Bros. Discovery Takeover Battle? ‘Walk Away Now.’
Both Netflix and Paramount Skydance are prepared to overpay for Warner Bros. Discovery and take on significant debt.
Frequently Asked Questions
Common investor questions about Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. (WBD) is currently trading at $28.75. The RSI (14-day) is at 63.9, indicating neutral territory. Wall Street analysts have a consensus "hold" recommendation. The mean analyst price target of $28.91 implies 0.6% upside from current levels. Volatility is low at 15.4% annualized, meaning price movements are relatively contained. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for Warner Bros. Discovery, Inc. (WBD): The trailing P/E ratio is 151.00, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is -155.08, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 215.31, above 2.0, suggesting the stock may be overvalued relative to its expected growth. Price-to-Book is 1.97. Price-to-Sales is 1.88. Valuation should be compared to Entertainment industry peers for context, as different sectors trade at different multiples.
Based on 14 analysts covering WBD, the consensus price target is $28.91. This represents a 0.6% upside from the current price of $28.75. The range spans from a low target of $22.00 to a high target of $35.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "hold". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
Warner Bros. Discovery, Inc. (WBD) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.
Key risks for Warner Bros. Discovery, Inc. (WBD) investors include: 1. Declining revenue (-6.0% YoY), indicating potential business headwinds. 2. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 3. Entertainment sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is Warner Bros. Discovery, Inc.'s (WBD) current debt and financial health profile: Total debt stands at $33.52B. The debt-to-equity ratio is 89.86, which is elevated and warrants monitoring, especially in a rising interest rate environment. The current ratio is 1.07, indicating adequate short-term liquidity. The quick ratio is 0.63. The company holds $4.33B in cash and equivalents. Free cash flow is positive at $17.24B, providing a cushion for debt servicing and shareholder returns.