Brokerages Set Warner Bros. Discovery, Inc. (NASDAQ:WBD) PT at $24.94

Shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) have been given a consensus rating of “Hold” by the twenty-four ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $25.0875.

Several research analysts have issued reports on WBD shares. Argus increased their price target on Warner Bros. Discovery from $28.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Morgan Stanley set a $29.00 target price on Warner Bros. Discovery in a report on Thursday, December 18th. Wells Fargo & Company upped their price objective on shares of Warner Bros. Discovery from $21.00 to $25.00 and gave the stock an “equal weight” rating in a report on Friday, November 7th. TD Cowen boosted their target price on shares of Warner Bros. Discovery from $14.00 to $22.00 in a research report on Friday, November 7th. Finally, Guggenheim cut shares of Warner Bros. Discovery from a “buy” rating to a “neutral” rating and raised their price target for the company from $25.00 to $30.00 in a research report on Wednesday, January 14th.

Insider Buying and Selling

In related news, CAO Lori C. Locke sold 5,000 shares of the stock in a transaction on Monday, December 8th. The stock was sold at an average price of $27.62, for a total value of $138,100.00. Following the completion of the sale, the chief accounting officer directly owned 110,084 shares of the company’s stock, valued at approximately $3,040,520.08. This represents a 4.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed 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 shares were sold at an average price of $29.50, for a total value of $7,168,323.00. Following the transaction, the chief financial officer owned 918,940 shares in the company, valued at approximately $27,108,730. This trade represents a 20.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 267,116 shares of company stock worth $7,781,731 in the last 90 days. Corporate insiders own 1.90% of the company’s stock.

Institutional Trading of Warner Bros. Discovery

Institutional investors and hedge funds have recently made changes to their positions in the company. Concord Wealth Partners increased its stake in Warner Bros. Discovery by 49.9% in the 3rd 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 last quarter. Swiss RE Ltd. bought a new position in shares of Warner Bros. Discovery in the fourth quarter valued at approximately $26,000. Physician Wealth Advisors Inc. increased its position in shares of Warner Bros. Discovery by 152.1% during the third quarter. Physician Wealth Advisors Inc. now owns 1,404 shares of the company’s stock valued at $27,000 after acquiring an additional 847 shares during the last quarter. Financial Gravity Companies Inc. bought a new stake in Warner Bros. Discovery during the second quarter worth $29,000. Finally, Fideuram Asset Management Ireland dac bought a new stake in Warner Bros. Discovery during the fourth quarter worth $29,000. Hedge funds and other institutional investors own 59.95% of the company’s stock.

Warner Bros. Discovery Price Performance

WBD stock opened at $28.53 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.07 and a quick ratio of 1.07. The company’s 50-day moving average is $28.36 and its 200-day moving average is $21.95. The stock has a market capitalization of $70.70 billion, a PE ratio of 150.17 and a beta of 1.64. Warner Bros. Discovery has a 1 year low of $7.52 and a 1 year high of $30.00.

Warner Bros. Discovery News Summary

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

• Positive Sentiment: Reports say Netflix has ample cash capacity to raise its bid if Paramount Skydance pushes a higher offer, keeping upside optionality for WBD shareholders and preserving Netflix’s right to match. Exclusive: Netflix has ample room to increase its offer
• Positive Sentiment: WBD has formally asked Paramount Skydance for a “best and final” offer while continuing to recommend the Netflix deal — a move that could prompt a higher competing bid and lift the takeover price for shareholders. Warner Bros Seeks Paramount’s “Best and Final Offer”
• Positive Sentiment: Barron’s coverage and investor commentary indicate market hopes for a Netflix–Paramount bidding contest, which would be the clearest path to a higher transaction value for WBD shares. Warner Bros. Investors Want a Netflix, Paramount Bidding War
• Neutral Sentiment: WBD set its Q4 and full-year 2025 earnings release for Feb. 26 (pre-market); investors will watch results and guidance for confirmation of subscriber, advertising and content trends that could influence valuation ahead of the shareholder vote. Warner Bros. Discovery to Report Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: WBD scheduled a special shareholder meeting for March 20 to vote on the Netflix transaction — a near-term catalyst that fixes a timetable for deal approval or further bidding activity. Warner Bros. Discovery gives Paramount one week
• Neutral Sentiment: WBD sent cease-and-desist letters over AI-generated TikTok content using Batman/Superman IP — an IP-protection action that is reputationally defensive but not material to takeover economics in the near term. Warner Bros Discovery Gets Personal With TikTok Owners
• Negative Sentiment: The U.S. Department of Justice is probing how a sale could affect movie theaters and film output and has held private meetings with major exhibitors — an escalation that raises antitrust risk and could complicate or delay a deal approval. US DOJ probes Warner Bros’ planned sale impact on theaters
• Negative Sentiment: High-profile criticism—director James Cameron sent a scathing letter to a U.S. senator opposing the Netflix-WBD transaction—adding public pressure and signaling cultural/regulatory pushback that could influence lawmakers and regulators. Famed director James Cameron sends scathing letter
• Negative Sentiment: Analyst moves and targets are mixed-to-negative: Rothschild & Co Redburn downgraded WBD from Buy to Hold, and consensus price targets reported remain below some takeover scenarios — both reduce near-term analyst-driven upside. Warner-Bros downgraded to Neutral
• Negative Sentiment: Earnings preview coverage (Zacks) warns WBD may lack the key ingredients to deliver an earnings beat, which could weigh sentiment if Q4 results disappoint ahead of the shareholder vote. Warner Bros. Discovery (WBD) Earnings Expected to Grow

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.