Warner Bros. Discovery, Inc. (WBD)

NASDAQ: WBD · Real-Time Price · USD
28.17
-0.63 (-2.19%)
At close: Feb 27, 2026, 4:00 PM EST
28.26
+0.09 (0.32%)
After-hours: Feb 27, 2026, 7:58 PM EST
-2.19%
Market Cap 69.86B
Revenue (ttm) 37.30B
Net Income (ttm) 727.00M
Shares Out 2.48B
EPS (ttm) 0.29
PE Ratio 97.14
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 68,762,136
Open 28.39
Previous Close 28.80
Day's Range 28.12 - 28.40
52-Week Range 7.52 - 30.00
Beta 1.62
Analysts Buy
Price Target 22.18 (-21.26%)
Earnings Date Feb 26, 2026

About WBD

Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience lice... [Read more]

Industry Entertainment
Founded 1923
Employees 35,000
Stock Exchange NASDAQ
Ticker Symbol WBD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for WBD stock is "Buy." The 12-month stock price target is $22.18, which is a decrease of -21.26% from the latest price.

Price Target
$22.18
(-21.26% downside)
Analyst Consensus: Buy
Stock Forecasts

News

On Wall Street, even the losers are winners in the battle for Warner Bros. Discovery

Paramount Skydance is set to gain control over Warner Bros. Discovery after Netflix withdrew.

7 hours ago - Business Insider

Six Months, 9 Offers and $81 Billion. How Hollywood's Nasty Takeover Was Won.

Paramount's David Ellison used his wealth and influence to get Warner

Other symbols: PSKY
16 hours ago - WSJ

California AG on Paramount–Warner Bros., Tariff Lawsuits

California Attorney General Rob Bonta says his office plans a vigorous review of the proposed Paramount–Warner Bros. Discovery merger.

Other symbols: PSKY
18 hours ago - Bloomberg Markets and Finance

Paramount Issuing $47 Billion of Equity at Big Premium to Stock Price for Warner Bros. Deal

Paramount Skydance received a big vote of confidence from its controlling shareholders, including the Ellison family, when they agreed to fully back an equity offering to help fund the company's deal ...

Other symbols: PSKY
19 hours ago - Barrons

Opinion | Why Netflix Lost Warner to Paramount

Antitrust is a political weapon, alas, and the streamer leaned left.

Other symbols: NFLXPSKY
20 hours ago - WSJ

Read the memo: David Ellison addresses staff as Paramount Skydance and Warner Bros. make it official

Read the memo Paramount Skydance CEO David Ellison sent about the Warner Bros. Discovery merger.

Other symbols: PSKY
20 hours ago - Business Insider

Warner Bros. Discover CEO David Zaslav calls Paramount pivot ‘whiplash-y' as $110B deal takes shape

Zaslav struck an upbeat tone about the blockbuster deal, telling employees, “Together, we can be a great company.”

20 hours ago - New York Post

Warner Bros signs $110 billion deal with Paramount, ends bidding war with Netflix

Warner Bros Discovery said on Friday it has agreed to be acquired by Paramount Skydance in a $110 billion deal, ending a high-stakes bidding war after Netflix walked away from its agreement with the H...

Other symbols: PSKY
21 hours ago - Reuters

Massive Merger Confirmed: Paramount And WBD Reveal Details Of $110 Billion Deal

It's official. For real this time. Warner Bros. Discovery is selling itself to Paramount for $31 a share in cash. The companies unveiled their formal agreement on Friday. WBD jilted previous partner N...

Other symbols: PSKY
21 hours ago - Deadline

PARAMOUNT TO ACQUIRE WARNER BROS. DISCOVERY TO FORM NEXT-GENERATION GLOBAL MEDIA AND ENTERTAINMENT COMPANY

The newly merged company will be well positioned to compete in the rapidly evolving entertainment industry where storytelling combined with world class technology expertise will be an important driver...

Other symbols: PSKY
21 hours ago - PRNewsWire

The real winner in the battle for Warner Bros. isn't who you think it is

Also in Weekend Reads: How to invest during the AI transition, what OpenAI needs to do and a warning for aspiring day traders.

22 hours ago - Market Watch

WBD employees fear coming wave of job losses as Paramount tops Netflix's bid to acquire company

CNBC anonymously spoke with 10 WBD employees in various positions throughout the company. All 10 expressed some level of concern about potential job losses given Paramount's $6 billion synergy target.

Other symbols: PSKY
22 hours ago - CNBC

WBD and Paramount may have an easier time winning regulatory approval than Netflix

With Netflix out of the picture, a Paramount and Warner Bros. Discovery deal might have fewer obstacles to regulatory approval.

Other symbols: PSKY
23 hours ago - CNBC

Here's everything in the Ellisons' massive media empire if Paramount-Warner Bros. deal proceeds

Larry and David Ellison of Paramount Skydance are poised to control a behemoth media empire if their winning bid for Warner Bros. Discovery gains regulatory approval – including HBO, Paramount, CNN, C...

Other symbols: PSKY
23 hours ago - New York Post

Exclusive: Paramount expected to easily secure EU nod for Warner Bros deal, sources say

Paramount Skydance is expected to easily gain European Union antitrust approval to buy Warner Bros Discovery while divestments, if required to address regulatory concerns, will likely be minor, two pe...

Other symbols: PSKY
23 hours ago - Reuters

Netflix stock price rises along with Paramount while WBD falls. How the merger shakeup is impacting markets

Last night's surprise announcement from Netflix that it was abandoning its Warner Bros. takeover bid in the wake of a “superior” offer from Paramount Skydance has sent shockwaves through both Hollywoo...

Other symbols: NFLXPSKY
1 day ago - Fast Company

Exclusive: Warner Bros signs $110 billion deal with Paramount, its executive discloses in townhall

Warner Bros Discovery has agreed to be acquired by Paramount Skydance in a $110 billion deal signed Friday morning, according to an audio clip of a global townhall by the company, which was reviewed b...

Other symbols: PSKY
1 day ago - Reuters

The Battle For Warner Bros May Be Over, But Regulatory Scrutiny Of Paramount's Deal Is Not

Paramount may have won the bidding for Warner Bros. Discovery, but the regulatory and political scrutiny is not over.

Other symbols: PSKY
1 day ago - Deadline

Did Paramount overpay and Netflix get away scot-free? Taking stock of the Warner Bros.

Paramount must now absorb a troubled asset at a high cost, while Netflix investors seem overjoyed to not have such problems.

Other symbols: NFLXPSKY
1 day ago - Market Watch

Here are the real winners and losers in epic Hollywood battle for Warner Bros. Discovery

The six-month tango between some of the largest players in media for the owner of the Warner Bros. studio, HBO Max streamer and CNN came to a suitably stunning finish.

1 day ago - New York Post

Netflix says it's not buying Warner Bros. after all: ‘No longer financially attractive'

Netflix is declining to raise its offer to buy Warner Bros. Discovery's studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywo...

Other symbols: NFLX
1 day ago - Fast Company

California now biggest obstacle to Paramount's Warner Bros takeover

California has a lot to lose if Paramount Skydance buys Warner Bros Discovery and could stand in the way of a deal, while Paramount's deep political connections to the Trump administration are expecte...

Other symbols: PSKY
1 day ago - Reuters

UK cinemas give wary approval to Paramount's victory in Warner Bros race

British cinemas cautiously welcomed Paramount Skydance beating Netflix in the race to buy Warner Bros Discovery, but remained concerned that combining the Hollywood studios could cost jobs and reduce ...

Other symbols: PSKY
1 day ago - Reuters

Netflix Drops Warner Bros. Fight, Paramount Wins Bid

Netflix has dropped out of the fight to buy Warner Bros., leaving Paramount the winner in the bidding war.

Other symbols: NFLXPSKY
1 day ago - Bloomberg Markets and Finance

Warner Bros Stock Slips After Netflix Declines To Raise Offer

Warner Bros. Discovery, Inc. (NASDAQ: WBD) shares are trading lower Friday after Netflix, Inc. (NASDAQ: NFLX) announced that it declined to raise its offer to acquire the company.

1 day ago - Benzinga