Warner Bros. Discovery, Inc. (WBD)

Warner Bros. Discovery Stock Forecast

Stock Price Forecast

According to 18 professional analysts, the 12-month price target for Warner Bros. Discovery stock ranges from a low of $10 to a high of $28. The average analyst price target of $18.89 forecasts a -27.57% decrease in the stock price over the next year.

Price Target: $18.89 (-27.57%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$10	$18.89	$20	$28
Change	-61.66%	-27.57%	-23.31%	+7.36%

Analyst Ratings

The average analyst rating for Warner Bros. Discovery stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	7	7	5	8	8	8
Buy	5	5	3	3	4	3
Hold	12	12	13	13	11	12
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	24	24	21	24	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Patrick Sholl Barrington Research	Barrington Research	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Dec 5, 2025
Patrick Sholl Barrington Research	Barrington Research	Buy Maintains $25	Buy	Maintains	$25	-4.14%	Nov 14, 2025
Steven Cahall Wells Fargo	Wells Fargo	Hold Maintains $21 → $25	Hold	Maintains	$21 → $25	-4.14%	Nov 7, 2025
Hamilton Faber Rothschild & Co	Rothschild & Co	Hold → Strong Buy Upgrades $28	Hold → Strong Buy	Upgrades	$28	+7.36%	Oct 30, 2025
Joseph Bonner Argus Research	Argus Research	Hold → Strong Buy Upgrades $27	Hold → Strong Buy	Upgrades	$27	+3.53%	Oct 28, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

37.58B

Decreased by -4.42%

from 39.32B

Revenue Next Year

37.36B

Decreased by -0.59%

from 37.58B

EPS This Year

0.37

from -4.62

EPS Next Year

-0.02

from 0.37

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	10.67B	12.19B	33.82B	41.32B	39.32B	37.58B	37.36B
Revenue Growth	-4.24%	14.24%	177.39%	22.19%	-4.84%	-4.42%	-0.59%
EPS	1.81	1.54	-3.82	-1.28	-4.62	0.37	-0.02
EPS Growth	-26.77%	-15.15%	-	-	-	-	-
Forward PE	-	-	-	-	-	70.11	-
No. Analysts	-	-	-	-	-	29	29

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	39.6B	40.9B
Avg	37.6B	37.4B
Low	35.8B	34.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	0.8%	8.8%
Avg	-4.4%	-0.6%
Low	-9.1%	-7.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	0.68	1.07
Avg	0.37	-0.02
Low	0.15	-0.90

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-	187.9%
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.