WBD Stock Analysis: Warner Bros Discovery | NASDAQ
Entertainment | NASDAQ, USA | Market Cap: 70.827m USD | 12M Return: 73.4% | US9344231041 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 477M
Qual. Beats: 0
Rev. Trend: -99.1%
Qual. Beats: -1
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Warner Bros. Discovery (WBD) is a U.S.-headquartered media and entertainment company operating through three business segments: Streaming (including HBO Max, discovery+, HBO, and premium sports streaming products), Studios (feature film production and theatrical release, TV program production and licensing, home entertainment distribution, themed experience licensing, and video game publishing/development), and Global Linear Networks (general entertainment, lifestyle, news, and international and sports networks). The company markets content and consumer products under brands such as HBO Max, CNN, DC Studios, TNT Sports, Food Network, TLC, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Games, Adult Swim, and Turner Classic Movies. WBD is classified within the Communication Services sector (GICS Sub Industry: Interactive Home Entertainment), reflecting its combination of traditional linear TV operations with a growing direct-to-consumer streaming and gaming-focused business model.
- Max streaming subscriber growth drives ad and subscription revenue
- Linear networks revenue declines as cable cord-cutting accelerates
- NBA sports rights costs pressure margins and cash flow
| Net Income: -3.17b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -1.75 > 1.0 |
| NWC/Revenue: -9.98% < 20% (prev 1.49%; Δ -11.46% < -1%) |
| CFO/TA 0.04 > 3% & CFO 3.42b > Net Income -3.17b |
| Net Debt (28.7b) to EBITDA (6.05b): 4.74 < 3 |
| Current Ratio: 0.78 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.58b) vs 12m ago 3.04% < -2% |
| Gross Margin: 43.43% > 18% (prev 43.27%; Δ 0.16% > 0.5%) |
| Asset Turnover: 36.30% > 50% (prev 37.79%; Δ -1.49% > 0%) |
| Interest Coverage Ratio: -0.68 > 6 (EBIT TTM -1.52b / Interest Expense TTM 2.25b) |
| A: -0.04 (Total Current Assets 12.5b - Total Current Liabilities 16.1b) / Total Assets 97.2b |
| B: -0.15 (Retained Earnings -14.3b / Total Assets 97.2b) |
| C: -0.02 (EBIT TTM -1.52b / Avg Total Assets 99.5b) |
| D: 0.52 (Book Value of Equity 32.8b / Total Liabilities 63.3b) |
| Altman-Z'' = -0.28 = B |
| DSRI: 0.98 (Receivables 4.95b/5.38b, Revenue 36.1b/38.4b) |
| GMI: 1.00 (GM 43.27% / 43.43%) |
| AQI: 1.00 (AQ_t 0.80 / AQ_t-1 0.80) |
| SGI: 0.94 (Revenue 36.1b / 38.4b) |
| TATA: -0.07 (NI -3.17b - CFO 3.42b) / TA 97.2b) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of September 17, 2026, the stock is trading at USD 28.04 with a total of 12,965,816 shares traded. Over the past week, the price has changed by -1.16%, over one month by +3.58%, over three months by +4.39% and over the past year by +73.41%.
Current recommended Stop Loss: 27.10 (which is 3.4% or 2.5 ATR below the current price).
Warner Bros Discovery has received a consensus analysts rating of 3.85. Therefore, it is recommended to buy WBD.
- StrongBuy: 11
- Buy: 3
- Hold: 12
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 29.8 | 6.3% |
P/E Forward = 357.1429
P/S = 1.9611
P/B = 2.163
P/EG = 55.332
Revenue TTM = 36.1b USD
EBIT TTM = -1.52b USD
EBITDA TTM = 6.05b USD
Long Term Debt = 30.5b USD (from longTermDebt, last quarter)
Short Term Debt = 1.49b USD (from shortTermDebt, last quarter)
Debt = 32.0b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 28.7b USD (calculated: Debt 32.0b - CCE 3.37b)
Enterprise Value = 99.5b USD (70.8b + Debt 32.0b - CCE 3.37b)
Interest Coverage Ratio = -0.68 (Ebit TTM -1.52b / Interest Expense TTM 2.25b)
EV/FCF = 45.63x (Enterprise Value 99.5b / FCF TTM 2.18b)
FCF Yield = 2.19% (FCF TTM 2.18b / Enterprise Value 99.5b)
FCF Margin = 6.04% (FCF TTM 2.18b / Revenue TTM 36.1b)
Net Margin = -8.77% (Net Income TTM -3.17b / Revenue TTM 36.1b)
Gross Margin = 43.43% ((Revenue TTM 36.1b - Cost of Revenue TTM 20.4b) / Revenue TTM)
Gross Margin QoQ = 46.99% (prev 47.79%)
Tobins Q-Ratio = 1.02 (Enterprise Value 99.5b / Total Assets 97.2b)
Interest Expense / Debt = 7.01% (Interest Expense 2.25b / Debt 32.0b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -1.20b (EBIT -1.52b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.78 (Total Current Assets 12.5b / Total Current Liabilities 16.1b)
Debt / Equity = 0.98 (Debt 32.0b / totalStockholderEquity, last quarter 32.8b)
Debt / EBITDA = 4.74 (Net Debt 28.7b / EBITDA 6.05b)
Debt / FCF = 13.14 (Net Debt 28.7b / FCF TTM 2.18b)
Total Stockholder Equity = 34.3b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.18% (Net Income -3.17b / Total Assets 97.2b)
RoE = -9.22% (Net Income TTM -3.17b / Total Stockholder Equity 34.3b)
RoCE = -2.35% (EBIT -1.52b / Capital Employed (Equity 34.3b + L.T.Debt 30.5b))
RoIC = -1.49% (negative operating profit) (NOPAT -1.20b / Invested Capital 80.8b)
WACC = 8.53% (E(70.8b)/V(103b) * Re(9.88%) + D(32.0b)/V(103b) * Rd(7.01%) * (1-Tc(0.21)))
Discount Rate = 9.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 84.71 | Cagr: 2.37%
[DCF] Terminal Value 72.43% ; FCFF base≈2.93b ; Y1≈2.57b ; Y5≈2.08b
[DCF] Fair Price = 1.50 (EV 32.4b - Net Debt 28.7b = Equity 3.75b / Shares 2.51b; r=8.53% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.37 | # QB: 0
Revenue Correlation: -99.08 | Revenue CAGR: -4.89% | SUE: -2.31 | # QB: -1
EPS current Quarter (2026-09-30): EPS=-0.00 | Chg30d=N/A | Revisions=-55% | Analysts=14
EPS current Year (2026-12-31): EPS=-1.12 | Chg30d=+10.07% | Revisions=+8% | GrowthEPS=-486.8% | GrowthRev=-2.9%
EPS next Year (2027-12-31): EPS=-0.01 | Chg30d=-119.56% | Revisions=-30% | GrowthEPS=+99.2% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: -30% (up=8, down=16)