Argus Issues Pessimistic Forecast for Warner Bros. Discovery (NASDAQ:WBD) Stock Price

Warner Bros. Discovery (NASDAQ:WBD) had its price objective dropped by Argus from $32.00 to $31.00 in a research note issued on Tuesday,MarketScreener reports. The firm currently has a “buy” rating on the stock. Argus’ target price points to a potential upside of 10.91% from the stock’s previous close.

Other analysts also recently issued reports about the company. Morgan Stanley set a $29.00 price target on Warner Bros. Discovery in a research note on Thursday, December 18th. Wells Fargo & Company increased their price target on shares of Warner Bros. Discovery from $21.00 to $25.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. Deutsche Bank Aktiengesellschaft downgraded shares of Warner Bros. Discovery from a “buy” rating to a “hold” rating and lifted their price target for the company from $29.50 to $31.00 in a research report on Friday, February 27th. TD Cowen upped their price target on Warner Bros. Discovery from $22.00 to $26.00 and gave the stock a “hold” rating in a report on Friday, February 27th. Finally, Rothschild & Co Redburn set a $31.00 price objective on Warner Bros. Discovery and gave the company a “neutral” rating in a research note on Tuesday, February 17th. Six analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Warner Bros. Discovery currently has a consensus rating of “Hold” and an average target price of $25.34.

Warner Bros. Discovery Stock Down 0.9%

WBD opened at $27.95 on Tuesday. The company has a market cap of $69.26 billion, a PE ratio of 96.38 and a beta of 1.60. The company has a quick ratio of 1.07, a current ratio of 1.06 and a debt-to-equity ratio of 0.87. The business has a 50 day moving average price of $28.32 and a two-hundred day moving average price of $23.08. Warner Bros. Discovery has a 52 week low of $7.52 and a 52 week high of $30.00.

Warner Bros. Discovery (NASDAQ:WBD) last issued 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). Warner Bros. Discovery had a return on equity of 1.98% and a net margin of 1.95%.The company had revenue of $9.46 billion for the quarter, compared to analyst estimates of $9.33 billion. During the same period in the prior year, the business earned ($0.20) earnings per share. Warner Bros. Discovery’s revenue for the quarter was down 5.7% compared to the same quarter last year. As a group, research analysts anticipate that Warner Bros. Discovery will post -4.33 EPS for the current year.

Insider Activity at Warner Bros. Discovery

In related news, CAO Lori C. Locke sold 4,122 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $28.92, for a total value of $119,208.24. Following the sale, the chief accounting officer directly owned 100,962 shares of the company’s stock, valued at approximately $2,919,821.04. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Gunnar Wiedenfels sold 242,994 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $29.50, for a total transaction of $7,168,323.00. Following the transaction, the chief financial officer directly owned 918,940 shares in the company, valued at approximately $27,108,730. This represents a 20.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 252,116 shares of company stock worth $7,425,631 over the last three months. Corporate insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Warner Bros. Discovery

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Concord Wealth Partners raised its holdings in Warner Bros. Discovery by 49.9% in the third quarter. Concord Wealth Partners now owns 1,321 shares of the company’s stock valued at $26,000 after buying an additional 440 shares during the period. Swiss RE Ltd. acquired a new position in shares of Warner Bros. Discovery during the fourth quarter worth about $26,000. Physician Wealth Advisors Inc. grew its holdings in Warner Bros. Discovery by 152.1% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 1,404 shares of the company’s stock valued at $27,000 after purchasing an additional 847 shares in the last quarter. Financial Gravity Companies Inc. purchased a new stake in Warner Bros. Discovery during the 2nd quarter worth approximately $29,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in Warner Bros. Discovery during the 4th quarter worth $29,000. 59.95% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Warner Bros. Discovery

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

• Positive Sentiment: Paramount Skydance signed a definitive agreement to acquire Warner Bros. Discovery, laying out plans to combine streaming assets while keeping key cable networks — a clear path to a cash exit for WBD shareholders. Paramount Skydance Deal Reshapes Warner Bros Discovery Outlook After Netflix Exit
• Positive Sentiment: WBD’s board has backed PSKY’s revised $31-per-share cash bid with added deal protections — a signal the board prefers this offer and strengthens the likelihood of the sale closing at the agreed price. Can WBD Capitalize on PSKY’s Modified Proposal to Drive Value?
• Positive Sentiment: FCC Chair Brendan Carr publicly characterized the deal as “cleaner” than Netflix’s proposal and said it should be approved quickly, easing a major regulatory overhang for the transaction. FCC chief tells CNBC WBD-Paramount merger deal is ‘cleaner’ than Netflix’s
• Neutral Sentiment: Netflix formally withdrew its competing bid after heavy regulatory and political scrutiny; that removes a rival bidder (reducing auction upside) but clears the path to closing with PSKY. President Trump Buys Netflix Debt Worth Up to $1.25 Million Amid WBD Sale
• Neutral Sentiment: Coverage and analysis argue Netflix “won” by walking away (its stock popped), which helps explain sector rotation and investor sentiment that may be pulling capital away from WBD today. The Art of the Walk-Away: Netflix Wins by Losing the WBD Deal (WBD)
• Negative Sentiment: CEO David Zaslav and other top executives sold sizable amounts of WBD stock (Zaslav ~ $114M), which investors often view as a negative signal about near-term upside or insiders cashing out after deal news. David Zaslav Sells $114 Million Worth of Warner Bros. Discovery Stock After WBD Clinches Paramount Skydance Deal
• Negative Sentiment: Credit agencies have downgraded Paramount (the buyer) and placed ratings on negative watch, raising financing and integration risk for the transaction — a potential drag on WBD shares until financing and regulatory details are resolved. Paramount credit ratings downgraded by Fitch after Warner Bros deal
• Negative Sentiment: Industry pushback — filmmakers’ anxiety, warnings about job losses and market chatter on potential layoffs — creates operational and PR risks that could complicate integration and near-term performance. Burning Questions for Paramount’s Warner Bros. Deal

About Warner Bros. Discovery

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.