Key facts, as of
As of October 5, 2026, Warner Bros. Discovery (WBD) trades at $30.95. It is at the top of its 52-week range ($18.00 to $30.99). It sits 11.9% above its 200-day average of $27.65.
Cite: Portfolio Terminal, "Warner Bros. Discovery (WBD) stock analysis", 2026-10-05. https://portfolio-terminal.com/analyse/wbd
Where it trades today
trading 100% of the way up its 52-week range
The read, from its own figures
What its numbers say
- Yahoo Finance puts its beta at 1.54: over five years of monthly returns, WBD moved about 1.54% for each 1% move of the S&P 500.
How it is computed
- Prices are Yahoo Finance's daily candles for WBD, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Peers are the other companies Yahoo Finance files under entertainment among the assets we track, not a full industry screen; the median counts those with a positive P/E.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for WBD by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
- Yahoo Finance quote and daily historyopen →
The candles, the averages' inputs and the quote fields used for WBD. Last refresh: Nov 8, 2026, 10:53 PM UTC.
- How Portfolio Terminal computes its figuresopen →
The methodology page behind the analytics and their refresh cadence.
- Industry classification
Yahoo Finance's industry, as stored in our list of tracked assets: Entertainment.
What Warner Bros. Discovery does
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. The Studios segment engages in the production and release of feature films for initial exhibition in theaters, production and initial licensing of television programs to third parties and its networks/streaming services. This segment also distributes films and television programs to various third-party and internal…
Employees
35,500
Industry
Entertainment
Headquarters
New York, United States
What analysts expect
WBD carries a hold consensus from 8 analysts, with an average price target of $30.63 versus $30.95 today (-1.1%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
WBD generated $36.12B in trailing revenue (-11.2% year over year), with a -8.8% net margin, and $16.17B of free cash flow, against $28.61B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $37.30B | $16.41B | $1.31B | $727.00M | $0.29 | $3.09B |
| 2024 | $39.32B | $16.35B | $18.00M | -$11.31B | -$4.62 | $4.43B |
| 2023 | $41.32B | $16.80B | -$886.00M | -$3.13B | -$1.28 | $6.16B |
| 2022 | $33.82B | $13.38B | -$3.50B | -$7.37B | -$3.82 | $3.32B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
WBD is in 7 of the 54 ETFs we track. It weighs most in VO: 0.73% of the fund, holding #15 of 271.
Famous investors who hold it
WBD is in the latest 13F of 3 of the 15 famous investors we follow. Dan Loeb (Third Point) holds the most of it: 11.4% of the portfolio, position #1 of 39, as of Q2 2026. It is Dan Loeb's largest position.
How its figures compare with those peers
Companies in the same industry
WBD beside the other companies Yahoo Finance files under entertainment among the assets we track (NFLX, DIS, CMCSA, largest first).
WBDyou are here$30.95$77.60B
NFLXNetflix Inc.$63.41$260.38B
DISThe Walt Disney Company$116.75$201.59B
CMCSAComcast Corporation$24.39$86.61BWhat the chart is saying
Warner Bros. Discovery trades at $30.95, 0.1% below its 52-week high. With a beta of 1.54, it shows more sensitivity to what the wider market does.
Questions people ask about it
Does WBD pay dividends?
Yahoo Finance shows no dividend yield for Warner Bros. Discovery (October 5, 2026).
Which ETFs hold WBD?
7 of the 54 popular ETFs we track hold Warner Bros. Discovery. The largest weights: VO (0.73%), VTV (0.28%), VOO (0.12%), VUAA (0.12%) and VTI (0.10%). Measured on each issuer's full holdings file, dated September 30, 2026.
How much of VOO is WBD?
0.12%, as of September 30, 2026: WBD is holding #144 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $1.18 in Warner Bros. Discovery.
Which famous investors own WBD?
Dan Loeb (11.4% of Third Point's 13F), George Soros (0.49% of Soros Fund Management's 13F) and Renaissance Technologies (0.22% of Founded by Jim Simons's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
What is the analyst price target for WBD?
The average analyst price target for Warner Bros. Discovery (WBD) is $30.63 based on 8 analyst estimates, about 1.1% below the current price of $30.95. The published range runs from $27.75 to $31.25.
How much revenue does WBD generate?
Warner Bros. Discovery reported $36.12B in trailing twelve-month revenue. Revenue growth is running at -11.2% year over year. Net margin sits at -8.8%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare WBD with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.