Analysts Set Warner Bros. Discovery, Inc. (NASDAQ:WBD) PT at $26.30

Shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) have been assigned a consensus recommendation of “Hold” from the twenty-three brokerages that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $26.3026.

Several equities research analysts have weighed in on the company. Sanford C. Bernstein increased their price target on Warner Bros. Discovery from $23.50 to $27.75 and gave the stock a “market perform” rating in a research report on Tuesday, February 24th. Benchmark reaffirmed a “hold” rating on shares of Warner Bros. Discovery in a research report on Friday, February 27th. Weiss Ratings raised Warner Bros. Discovery from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, February 23rd. Huber Research downgraded Warner Bros. Discovery from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, February 27th. Finally, Raymond James Financial reaffirmed an “underperform” rating on shares of Warner Bros. Discovery in a research report on Friday, February 27th.

Insider Activity at Warner Bros. Discovery

In other news, Director Paul A. Gould sold 600,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $27.35, for a total transaction of $16,410,000.00. Following the sale, the director directly owned 244,357 shares in the company, valued at $6,683,163.95. This trade represents a 71.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bruce Campbell sold 41,784 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $27.82, for a total value of $1,162,430.88. Following the sale, the insider owned 604,666 shares in the company, valued at $16,821,808.12. This trade represents a 6.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,206,827 shares of company stock worth $230,674,025 in the last three months. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Warner Bros. Discovery

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Warner Bros. Discovery by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 283,180,433 shares of the company’s stock valued at $8,161,260,000 after acquiring an additional 1,966,278 shares during the period. Geode Capital Management LLC grew its position in shares of Warner Bros. Discovery by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 66,597,575 shares of the company’s stock valued at $1,912,634,000 after acquiring an additional 1,028,346 shares during the period. Norges Bank acquired a new stake in shares of Warner Bros. Discovery during the 4th quarter valued at about $1,123,807,000. Jericho Capital Asset Management L.P. grew its position in shares of Warner Bros. Discovery by 108.9% during the 3rd quarter. Jericho Capital Asset Management L.P. now owns 35,095,390 shares of the company’s stock valued at $685,413,000 after acquiring an additional 18,291,865 shares during the period. Finally, Morgan Stanley grew its position in shares of Warner Bros. Discovery by 4.8% during the 4th quarter. Morgan Stanley now owns 27,462,742 shares of the company’s stock valued at $791,476,000 after acquiring an additional 1,254,813 shares during the period. 59.95% of the stock is currently owned by institutional investors and hedge funds.

More Warner Bros. Discovery News

Here are the key news stories impacting Warner Bros. Discovery this week:

• Positive Sentiment: Paramount confirmed that Middle East funds are backing its bid for Warner Bros. Discovery, lending official weight to earlier financing reports and making a takeover more likely. Paramount Confirms Middle East Funds Are Backing WBD Buy
• Positive Sentiment: Multiple outlets report Paramount/Skydance has near‑$24B in commitments from Gulf sovereign wealth funds (Saudi PIF, Qatar Investment Authority, Abu Dhabi interests), a scale of backing that materially de‑risks financing for a roughly $110B takeover. Paramount Skydance secures $24B in commitments from Gulf funds for Warner Bros. Discovery bid
• Positive Sentiment: Market reaction: Paramount’s stock jumped after the financing reports, signaling investors view the backing as credible and increasing the odds of a transaction that would likely carry a takeover premium for WBD holders. Paramount Stock Jumps 11% After Middle East Funds’ $24B Investment In WBD Takeover Is Confirmed
• Neutral Sentiment: Paramount frames the sovereign‑fund commitments as providing “strategic and commercial opportunities,” which suggests the deal structure may include strategic partners and broader commercial ties beyond pure financing — important for long‑term rationale but not an immediate price driver. Paramount Says Middle East Sovereign Wealth Fund Investment for Warner Bros. Deal Offers ‘Strategic and Commercial Opportunities’
• Negative Sentiment: Netflix appears to have exited the hunt for Warner Bros., reducing the pool of potential bidders and therefore the competitive pressure that can drive up a sale price — a potential negative for WBD shareholders if fewer buyers remain. Netflix Lost the Battle for Warner Bros, but Goldman Sachs Says It Won the War

Warner Bros. Discovery Price Performance

NASDAQ WBD opened at $27.55 on Monday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.06 and a quick ratio of 1.06. The stock’s fifty day moving average price is $27.76 and its 200 day moving average price is $25.48. Warner Bros. Discovery has a 1 year low of $7.52 and a 1 year high of $30.00. The company has a market cap of $68.32 billion, a price-to-earnings ratio of 95.00 and a beta of 1.63.

Warner Bros. Discovery (NASDAQ:WBD) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.19). The company had revenue of $9.46 billion for the quarter, compared to analyst estimates of $9.33 billion. Warner Bros. Discovery had a return on equity of 1.98% and a net margin of 1.95%.Warner Bros. Discovery’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.20) earnings per share. As a group, equities research analysts forecast that Warner Bros. Discovery will post -4.33 earnings per share for the current year.

Warner Bros. Discovery Company Profile

Warner Bros. Discovery (NASDAQ: WBD) is a global media and entertainment company formed when WarnerMedia and Discovery, Inc combined their businesses in 2022. Headquartered in New York City, the company assembles a broad portfolio of film and television production, linear and cable networks, streaming services and consumer distribution operations. Its assets span well-known studio brands, premium scripted and unscripted programming, news and factual entertainment, and licensed franchise properties.

The company’s core activities include film and television production and distribution through units such as Warner Bros.