Get the app
USCommunication Services

Warner Bros Discovery Inc (WBD)

US · Communication Services · Entertainment

$28.24+0.61%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$8.72B
Revenue YoY
-11.2%
Net profit
$149.0M
Profit YoY
-90.6%
EPS
$0.06
EPS estimate
$-0.13
Net margin
1.7%

EPS came in at 0.06 against a street estimate of -0.13 — a beat of 146.2%.

Key statistics

Market cap
$70.30B
Forward P/E
344.8
P/B
2.14
Book value
$13.09
EPS (TTM)
$-1.28
52-week high
$30.00
52-week low
$17.07
50-day MA
$27.20
200-day MA
$27.39
Beta
1.57

Analyst view

Analysts rate Warner Bros Discovery Inc a buy (14 buy, 12 hold, 1 sell out of 27) with an average price target of $29.82.

From the latest earnings call · 2026-08-06

CONFIDENT Streaming hit $3B revenue with 17% EBITDA margin, up 60% YoY. HBO Max returned to double-digit growth globally. Studio segment soft but 2027 slate (19 films vs 14 in 2026) expected stronger. Paramount merger on track. Q2 2026 U.S. stable on ads; international cautious. HBO Max growth globally offsetting linear headwinds in several markets. Analysts pressed studio path to $3B (Cahall: numbers don't work; Wiedenfels: diversification and 2027 upside). Ad market weakness questioned (Diffley); management attributed to NBA and geopolitical caution. Bundling benefits confirmed (Reif Cohen); Disney bundle reducing churn significantly. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
4.15%
Institutions
79.23%

Largest institutional holders

FundStake
BlackRock Inc7.77%
Vanguard Capital Management, LLC6.26%
State Street Corp5.08%
Vanguard Portfolio Management, LLC4.12%
Amvescap Plc.3.10%
Geode Capital Management, LLC2.79%
Millennium Management LLC2.30%
Pentwater Capital Management LP1.90%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
WARNER BROS. DISCOVERY, INC. - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total revenues (6M 2026): $17.61 billion vs. $18.79 billion (6M 2025) — down
2026-08-06
Results announced · Q3 2026
WARNER BROS. DISCOVERY Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Total revenues: $8.7 billion, down 12% ex-FX vs. prior year ($9.8 billion in Q2 2
2026-08-06
Shareholder vote results · Q2 2026
WARNER BROS. DISCOVERY, INC. – 8-K SUMMARY HEADLINE NUMBERS • Annual Meeting held June 9, 2026 via remote communication • 13 director nominees elect
2026-06-12
Material agreement · Q2 2026
WARNER BROS. DISCOVERY, INC. — 8-K FILING SUMMARY June 4, 2026 --- HEADLINE NUMBERS • Company refinanced $15,000 million of bridge loan debt with n
2026-06-04
Material agreement · Q2 2026
WARNER BROS. DISCOVERY, INC. - 8-K SUMMARY HEADLINE NUMBERS • 16 debt securities affected: Consent solicitations for senior notes issued by subsidia
2026-05-27
Quarterly report · Q1 2026
WARNER BROS. DISCOVERY, INC. – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Net loss: $2,916 million for Q1 2026 vs. $453 million loss in Q1 2025 • Net l
2026-05-06
Proxy statement · Q2 2026
WARNER BROS. DISCOVERY, INC. PROXY STATEMENT SUMMARY --- CEO TOTAL COMPENSATION David M. Zaslav (CEO) 2025 Total Compensation: $95,825,000 - Base s
2026-04-30
Annual report FY2025
WARNER BROS. DISCOVERY, INC. – ANNUAL REPORT SUMMARY (FY 2025) HEADLINE NUMBERS • Market capitalization as of June 30, 2025: $28 billion (aggregate
2026-02-27

Readable in the app.

Deals & corporate news

AnnouncementDate
Received requisite consents for proposed amendments to debt indentures
On May 27, 2026, the company announced it received required consents to amend the indentures governing its debt notes as part of a previously announced consent solicitation process. This is
2026-05-27
Merger agreement executed between Warner Bros. Discovery and Paramount Skydance
Warner Bros. Discovery announced a merger agreement with Paramount through Skydance Corporation dated February 27, 2026. This is a merger agreement document that outlines the terms and proce
2026-02-27
Proposed transaction between WBD and Netflix announced with proxy filing
Warner Bros. Discovery (WBD) has announced a proposed merger with Netflix. Under the deal, Netflix will acquire certain WBD assets and businesses, while remaining WBD assets will be spun off
2026-01-20
Merger agreement entered into with Netflix for proposed transaction
On December 4, 2025, Warner Bros. Discovery (WBD) announced it entered into a merger agreement with Netflix. Under the deal, Netflix will acquire certain WBD assets and businesses, while oth
2025-12-05

See the full picture

Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Warner Bros Discovery Inc — free to start.

Google PlayApp Store

Other Communication Services companies

Data updated 2026-09-18.