WBD Stock Analysis: Warner Bros Discovery | NASDAQ
Entertainment | NASDAQ, USA | Market Cap: 67.918m USD | 12M Return: 109.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 533M
Qual. Beats: -1
Rev. Trend: -99.1%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 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: -1.74b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -1.91 > 1.0 |
| NWC/Revenue: -11.75% < 20% (prev -6.53%; Δ -5.22% < -1%) |
| CFO/TA 0.04 > 3% & CFO 3.56b > Net Income -1.74b |
| Net Debt (29.2b) to EBITDA (12.7b): 2.31 < 3 |
| Current Ratio: 0.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.49b) vs 12m ago 1.22% < -2% |
| Gross Margin: 41.48% > 18% (prev 42.51%; Δ -1.03% > 0.5%) |
| Asset Turnover: 37.30% > 50% (prev 37.71%; Δ -0.41% > 0%) |
| Interest Coverage Ratio: 0.52 > 6 (EBIT TTM 1.15b / Interest Expense TTM 2.20b) |
| A: -0.04 (Total Current Assets 11.7b - Total Current Liabilities 16.1b) / Total Assets 97.8b |
| B: -0.15 (Retained Earnings -14.4b / Total Assets 97.8b) |
| C: 0.01 (EBIT TTM 1.15b / Avg Total Assets 99.8b) |
| D: 0.51 (Book Value of Equity 32.6b / Total Liabilities 64.1b) |
| Altman-Z'' = -0.16 = B |
| DSRI: 1.11 (Receivables 5.01b/4.66b, Revenue 37.2b/38.3b) |
| GMI: 1.02 (GM 42.51% / 41.48%) |
| AQI: 1.00 (AQ_t 0.81 / AQ_t-1 0.81) |
| SGI: 0.97 (Revenue 37.2b / 38.3b) |
| TATA: -0.05 (NI -1.74b - CFO 3.56b) / TA 97.8b) |
| Beneish M = -2.94 (Cap -4..+1) = A |
As of July 18, 2026, the stock is trading at USD 26.87 with a total of 26,593,916 shares traded. Over the past week, the price has changed by +1.05%, over one month by +2.40%, over three months by -2.18% and over the past year by +109.27%.
Current recommended Stop Loss: 25.70 (which is 4.4% or 2.3 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 | 29.9 | 11.4% |
P/E Forward = 2500.0
P/S = 1.8253
P/B = 2.0848
P/EG = 216.9231
Revenue TTM = 37.2b USD
EBIT TTM = 1.15b USD
EBITDA TTM = 12.7b USD
Long Term Debt = 31.0b USD (from longTermDebt, last quarter)
Short Term Debt = 1.49b USD (from shortTermDebt, last quarter)
Debt = 32.5b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 29.2b USD (calculated: Debt 32.5b - CCE 3.26b)
Enterprise Value = 97.1b USD (67.9b + Debt 32.5b - CCE 3.26b)
Interest Coverage Ratio = 0.52 (Ebit TTM 1.15b / Interest Expense TTM 2.20b)
EV/FCF = 42.04x (Enterprise Value 97.1b / FCF TTM 2.31b)
FCF Yield = 2.38% (FCF TTM 2.31b / Enterprise Value 97.1b)
FCF Margin = 6.21% (FCF TTM 2.31b / Revenue TTM 37.2b)
Net Margin = -4.67% (Net Income TTM -1.74b / Revenue TTM 37.2b)
Gross Margin = 41.48% ((Revenue TTM 37.2b - Cost of Revenue TTM 21.8b) / Revenue TTM)
Gross Margin QoQ = 47.79% (prev 30.21%)
Tobins Q-Ratio = 0.99 (Enterprise Value 97.1b / Total Assets 97.8b)
Interest Expense / Debt = 6.77% (Interest Expense 2.20b / Debt 32.5b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 910.9m (EBIT 1.15b * (1 - 21.00%))
Current Ratio = 0.73 (Total Current Assets 11.7b / Total Current Liabilities 16.1b)
Debt / Equity = 1.00 (Debt 32.5b / totalStockholderEquity, last quarter 32.6b)
Debt / EBITDA = 2.31 (Net Debt 29.2b / EBITDA 12.7b)
Debt / FCF = 12.64 (Net Debt 29.2b / FCF TTM 2.31b)
Total Stockholder Equity = 35.1b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.74% (Net Income -1.74b / Total Assets 97.8b)
RoE = -4.94% (Net Income TTM -1.74b / Total Stockholder Equity 35.1b)
RoCE = 1.74% (EBIT 1.15b / Capital Employed (Equity 35.1b + L.T.Debt 31.0b))
RoIC = 1.12% (NOPAT 910.9m / Invested Capital 81.4b)
WACC = 8.60% (E(67.9b)/V(100b) * Re(10.15%) + D(32.5b)/V(100b) * Rd(6.77%) * (1-Tc(0.21)))
Discount Rate = 10.15% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.42 | Cagr: 1.02%
[DCF] Terminal Value 72.17% ; FCFF base≈3.12b ; Y1≈2.74b ; Y5≈2.21b
[DCF] Fair Price = 1.96 (EV 34.1b - Net Debt 29.2b = Equity 4.91b / Shares 2.51b; r=8.60% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -3.54 | # QB: -1
Revenue Correlation: -99.05 | Revenue CAGR: -4.63% | SUE: 0.03 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.08 | Chg30d=-3.00% | Revisions=-18% | Analysts=13
EPS next Quarter (2026-09-30): EPS=0.01 | Chg30d=N/A | Revisions=-58% | Analysts=15
EPS current Year (2026-12-31): EPS=-1.25 | Chg30d=-0.06% | Revisions=+0% | GrowthEPS=-530.1% | GrowthRev=-0.8%
EPS next Year (2027-12-31): EPS=0.05 | Chg30d=N/A | Revisions=+0% | GrowthEPS=+103.7% | GrowthRev=+2.7%
[Analyst] Revisions Ratio: -41% (up=5, down=14)