Warner Bros. Discovery, Inc. (NASDAQ:WBD – Free Report) – Investment analysts at Barrington Research increased their Q4 2026 earnings estimates for shares of Warner Bros. Discovery in a research report issued on Tuesday, February 4th. Barrington Research analyst P. Sholl now anticipates that the company will post earnings of $0.03 per share for the quarter, up from their prior forecast of $0.02. Barrington Research has a “Outperform” rating and a $16.00 price objective on the stock. The consensus estimate for Warner Bros. Discovery’s current full-year earnings is ($4.33) per share.
Several other analysts also recently issued reports on WBD. Macquarie boosted their price target on Warner Bros. Discovery from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Bank of America reaffirmed a “buy” rating and set a $14.00 price target on shares of Warner Bros. Discovery in a research report on Thursday, December 12th. Barclays boosted their price objective on shares of Warner Bros. Discovery from $8.00 to $10.00 and gave the company an “equal weight” rating in a report on Friday, November 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of Warner Bros. Discovery in a report on Thursday, October 10th. Finally, Guggenheim increased their price target on Warner Bros. Discovery from $11.00 to $12.50 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Ten investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $11.76.
Warner Bros. Discovery Stock Down 1.0 %
Shares of NASDAQ:WBD opened at $10.06 on Wednesday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.03. The company has a 50-day simple moving average of $10.47 and a 200 day simple moving average of $8.95. Warner Bros. Discovery has a 52-week low of $6.64 and a 52-week high of $12.70.
Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.12. Warner Bros. Discovery had a negative return on equity of 27.56% and a negative net margin of 28.34%. The firm had revenue of $9.62 billion during the quarter, compared to analyst estimates of $9.79 billion. During the same period last year, the company earned ($0.17) earnings per share. The company’s revenue was down 3.6% on a year-over-year basis.
Institutional Trading of Warner Bros. Discovery
Institutional investors and hedge funds have recently modified their holdings of the business. Cetera Investment Advisers boosted its position in Warner Bros. Discovery by 8.3% during the second quarter. Cetera Investment Advisers now owns 540,002 shares of the company’s stock worth $4,018,000 after purchasing an additional 41,457 shares during the period. Sanctuary Advisors LLC bought a new stake in Warner Bros. Discovery during the second quarter valued at approximately $1,297,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Warner Bros. Discovery in the 2nd quarter worth approximately $1,674,000. AMF Tjanstepension AB bought a new position in Warner Bros. Discovery in the third quarter valued at $1,031,000. Finally, Czech National Bank raised its position in Warner Bros. Discovery by 7.0% during the third quarter. Czech National Bank now owns 454,526 shares of the company’s stock valued at $3,750,000 after purchasing an additional 29,620 shares in the last quarter. 59.95% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In related news, insider Savalle Sims sold 169,436 shares of Warner Bros. Discovery stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $12.36, for a total transaction of $2,094,228.96. Following the transaction, the insider now owns 599,317 shares of the company’s stock, valued at $7,407,558.12. The trade was a 22.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.80% of the company’s stock.
Warner Bros. Discovery Company Profile
Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.
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