Warner Bros. Discovery (WBD) Projected to Post Earnings on Thursday

Warner Bros. Discovery (NASDAQ:WBD) is expected to release its Q4 2025 results before the market opens on Thursday, February 26th. Analysts expect Warner Bros. Discovery to post earnings of $0.09 per share for the quarter. Individuals are encouraged to explore the company’s upcoming Q4 2025 earning overview page for the latest details on the call scheduled for Friday, February 27, 2026 at 9:30 AM ET.

Warner Bros. Discovery Price Performance

Shares of NASDAQ WBD opened at $28.79 on Thursday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a fifty day moving average of $28.38 and a 200 day moving average of $21.91. The firm has a market cap of $71.34 billion, a PE ratio of 151.53 and a beta of 1.64. Warner Bros. Discovery has a one year low of $7.52 and a one year high of $30.00.

Insiders Place Their Bets

In other Warner Bros. Discovery news, CAO Lori C. Locke sold 5,000 shares of the business’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $27.62, for a total transaction of $138,100.00. Following the transaction, the chief accounting officer owned 110,084 shares of the company’s stock, valued at approximately $3,040,520.08. The trade was a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Gunnar Wiedenfels sold 242,994 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $29.50, for a total value of $7,168,323.00. Following the completion of the sale, the chief financial officer directly owned 918,940 shares of the company’s stock, valued at $27,108,730. This trade represents a 20.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 267,116 shares of company stock worth $7,781,731 in the last three months. 1.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Warner Bros. Discovery

Several institutional investors and hedge funds have recently bought and sold shares of the company. Ameriflex Group Inc. raised its position in shares of Warner Bros. Discovery by 22.8% during the 4th quarter. Ameriflex Group Inc. now owns 3,108 shares of the company’s stock valued at $90,000 after buying an additional 578 shares during the period. Integrated Wealth Concepts LLC lifted its stake in shares of Warner Bros. Discovery by 1.7% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 36,143 shares of the company’s stock valued at $706,000 after purchasing an additional 620 shares during the last quarter. Itau Unibanco Holding S.A. lifted its stake in shares of Warner Bros. Discovery by 54.5% in the 4th quarter. Itau Unibanco Holding S.A. now owns 2,095 shares of the company’s stock valued at $60,000 after purchasing an additional 739 shares during the last quarter. L2 Asset Management LLC grew its holdings in shares of Warner Bros. Discovery by 7.0% during the 4th quarter. L2 Asset Management LLC now owns 11,798 shares of the company’s stock worth $340,000 after purchasing an additional 772 shares during the period. Finally, Swiss RE Ltd. acquired a new stake in shares of Warner Bros. Discovery during the 4th quarter worth about $26,000. 59.95% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Warner Bros. Discovery

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

• Positive Sentiment: WBD has asked Paramount Skydance for a “best and final” offer, reopening the possibility of a bidding contest that could lift the takeover price and provide upside for shareholders. Warner Bros Seeks Paramount’s “Best and Final Offer,” Upside Ahead?
• Positive Sentiment: Paramount has indicated it could raise its cash offer (reports suggest $31+ per share), and Netflix has granted a short waiver — both actions increase the chance of a higher headline price or matching bids. Warner Reopens Talks With Paramount After Sweetened Offer
• Neutral Sentiment: WBD set a special shareholder meeting for March 20 and continues to recommend voting in favor of the Netflix transaction — a procedural step that keeps the Netflix deal as the baseline value for the company. Warner Bros. Discovery gives Paramount one week to present its ‘best and final’ offer
• Neutral Sentiment: Exhibitors remain cautious: Cinemark’s CEO said theater chains are “apprehensive” and want firmer commitments from Netflix on theatrical windows — this matters for regulatory optics and the valuation of theatrical rights. In Warner Merger Battle, Netflix Needs To Take “More Action” To Prove It Loves Movie Theaters, Cinemark CEO Says
• Negative Sentiment: The U.S. DOJ has begun private meetings with major theater chains to probe how a Warner sale would affect theaters — a regulatory risk that could complicate or slow approval of any transaction. US DOJ probes Warner Bros’ planned sale impact on theaters, Bloomberg News reports
• Negative Sentiment: Rothschild & Co Redburn downgraded WBD from Buy to Hold (now $31 PT), signaling more cautious analyst sentiment despite deal activity. Warner-Bros-downgraded-to-Neutral-from-Buy-at-Rothschild-&-Co-Redburn
• Negative Sentiment: Consensus analyst price target (~$24.94) sits below the current market level, and WBD warned of employee attrition risk if Paramount’s offer proceeds — both represent downside and execution risks. Warner Bros. Discovery, Inc. (NASDAQ:WBD) Receives $24.94 Consensus PT from Analysts Warner Bros. Discovery says it’s worried employees will quit if it picks Paramount’s offer

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Raymond James Financial boosted their target price on shares of Warner Bros. Discovery from $22.00 to $25.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. The Goldman Sachs Group boosted their price objective on Warner Bros. Discovery from $13.00 to $14.75 and gave the stock a “buy” rating in a research note on Friday, November 7th. Guggenheim downgraded Warner Bros. Discovery from a “buy” rating to a “neutral” rating and raised their target price for the company from $25.00 to $30.00 in a research report on Wednesday, January 14th. UBS Group boosted their price target on Warner Bros. Discovery from $20.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Finally, Sanford C. Bernstein increased their price objective on Warner Bros. Discovery from $16.00 to $23.50 in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $25.09.

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.