Warner Bros. Discovery (WBD): are the analysts right?

May 8, 26

■ Neutral neutral · not a buy · 🎯$31

Price at call : $27.11 — gap to target +14%

Today : $26.12 — gap to target +19%

🎯 on WBD : no call matured yet · 📊 on Comm. : 58.7% · +8.7% (150 calls)

in progress (365j)
matures : May 8, 27

May 7, 26

■ Neutral neutral · not a buy

🎯 on WBD : 100% (1 call matured) · 📊 on Comm. : 51.2% · +11.2% (82 calls)

in progress (365j)
matures : May 7, 27

Freedom Broker

Mar 10, 26

■ Hold neutral · not a buy · 🎯$31

Price at call : $27.81 — gap to target +11%

Today : $26.12 — gap to target +19%

🎯 on WBD : no call matured yet · 📊 unranked overall

in progress (365j)
matures : Mar 10, 27

TD Cowen ↗

Feb 27, 26

■ Hold neutral · not a buy · 🎯$26

Price at call : $28.5 — gap to target -9%

Today : $26.12 — gap to target -0%

🎯 on WBD : no call matured yet · 📊 on Comm. : 63.4% · +7.4% (41 calls)

in progress (365j)
matures : Feb 27, 27

Raymond James ↗

Feb 27, 26

▼ Underperform

🎯 on WBD : no call matured yet · 📊 on Comm. : 50.7% · +4.7% (148 calls)

in progress (365j)
matures : Feb 27, 27

Feb 27, 26

■ Hold neutral · not a buy

🎯 on WBD : 55% (11 calls matureds) · 📊 on Comm. : 36.2% · -10.9% (138 calls)

in progress (365j)
matures : Feb 27, 27

Bernstein ↗

Feb 25, 26

■ Market Perform neutral · not a buy · 🎯$27.75

Price at call : $28.8 — gap to target -4%

Today : $26.12 — gap to target +6%

🎯 on WBD : no call matured yet · 📊 on Comm. : 62.3% · +9.9% (53 calls)

in progress (365j)
matures : Feb 25, 27

Jan 28, 26

■ Neutral neutral · not a buy · 🎯$30

Price at call : $27.6 — gap to target +9%

Today : $26.12 — gap to target +15%

🎯 on WBD : no call matured yet · 📊 on Comm. : 58.7% · +8.7% (150 calls)

in progress (365j)
matures : Jan 28, 27

Jan 15, 26

▲ Buy · 🎯$32

Price at call : $28.49 — upside +12%

Today : $26.12 — upside +23%

🎯 on WBD : 55% (11 calls matureds) · 📊 on Comm. : 36.2% · -10.9% (138 calls)

in progress (365j)
matures : Jan 15, 27

Jan 14, 26

■ Neutral neutral · not a buy · 🎯$30

Price at call : $28.63 — gap to target +5%

Today : $26.12 — gap to target +15%

🎯 on WBD : 100% (1 call matured) · 📊 on Comm. : 51.2% · +11.2% (82 calls)

in progress (365j)
matures : Jan 14, 27

Freedom Broker

Dec 10, 25

■ Hold neutral · not a buy · 🎯$30

Price at call : $29.53 — gap to target +2%

Today : $26.12 — gap to target +15%

🎯 on WBD : no call matured yet · 📊 unranked overall

in progress (365j)
matures : Dec 10, 26

Seaport Global ↗

Dec 9, 25

■ Neutral neutral · not a buy

🎯 on WBD : no call matured yet · 📊 on Comm. : 43.8% · +1.6% (16 calls)

in progress (365j)
matures : Dec 9, 26

Dec 8, 25

▲ Buy · 🎯$30

Price at call : $27.23 — upside +10%

Today : $26.12 — upside +15%

🎯 on WBD : 55% (11 calls matureds) · 📊 on Comm. : 36.2% · -10.9% (138 calls)

in progress (365j)
matures : Dec 8, 26

Dec 5, 25

■ Market Perform neutral · not a buy

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

in progress (365j)
matures : Dec 5, 26

Nov 14, 25

▲ Outperform · 🎯$25

Price at call : $22.74 — upside +10%

Today : $26.12 — upside -4%

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

in progress (365j)
matures : Nov 14, 26

Nov 7, 25

■ Equal-Weight neutral · not a buy · 🎯$25

Price at call : $22.98 — gap to target +9%

Today : $26.12 — gap to target -4%

🎯 on WBD : no call matured yet · 📊 on Comm. : 45.2% · -1.0% (155 calls)

in progress (365j)
matures : Nov 7, 26

Rothschild & Co

Oct 30, 25

▲ Buy · 🎯$28

Price at call : $22.45 — upside +25%

Today : $26.12 — upside +7%

🎯 on WBD : no call matured yet · 📊 unranked overall

in progress (365j)
matures : Oct 30, 26

Argus Research ↗

Oct 28, 25

▲ Buy · 🎯$27

Price at call : $21.34 — upside +27%

Today : $26.12 — upside +3%

🎯 on WBD : no call matured yet · 📊 on Comm. : 54.8% · +2.6% (42 calls)

in progress (365j)
matures : Oct 28, 26

Oct 28, 25

▲ Outperform · 🎯$25

Price at call : $20.99 — upside +19%

Today : $26.12 — upside -4%

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

in progress (365j)
matures : Oct 28, 26

Oct 22, 25

▲ Buy · 🎯$25

Price at call : $20.53 — upside +22%

Today : $26.12 — upside -4%

🎯 on WBD : 55% (11 calls matureds) · 📊 on Comm. : 36.2% · -10.9% (138 calls)

in progress (365j)
matures : Oct 22, 26

Oct 16, 25

■ Equal-Weight neutral · not a buy · 🎯$21

Price at call : $18.29 — gap to target +15%

Today : $26.12 — gap to target -20%

🎯 on WBD : no call matured yet · 📊 on Comm. : 45.2% · -1.0% (155 calls)

in progress (365j)
matures : Oct 16, 26

Oct 8, 25

▲ Buy · 🎯$22

Price at call : $17.89 — upside +23%

Today : $26.12 — upside -16%

🎯 on WBD : 100% (1 call matured) · 📊 on Comm. : 51.2% · +11.2% (82 calls)

in progress (365j)
matures : Oct 8, 26

Oct 6, 25

■ Neutral neutral · not a buy · 🎯$20

Price at call : $18.6 — gap to target +8%

Today : $26.12 — gap to target -23%

🎯 on WBD : no call matured yet · 📊 on Comm. : 58.7% · +8.7% (150 calls)

in progress (365j)
matures : Oct 6, 26

Raymond James ↗

Oct 2, 25

▲ Outperform · 🎯$22

Price at call : $18.99 — upside +16%

Today : $26.12 — upside -16%

🎯 on WBD : no call matured yet · 📊 on Comm. : 50.7% · +4.7% (148 calls)

in progress (365j)
matures : Oct 2, 26

Goldman Sachs ↗

Sep 30, 25

■ Neutral neutral · not a buy · 🎯$13

Price at call : $19.35 — gap to target -33%

Today : $26.12 — gap to target -50%

🎯 on WBD : no call matured yet · 📊 on Comm. : 54.4% · +4.1% (136 calls)

in progress (365j)
matures : Sep 30, 26

B of A Securities ↗

Sep 30, 25

▲ Buy · 🎯$24

Price at call : $19.53 — upside +23%

Today : $26.12 — upside -8%

🎯 on WBD : 100% (1 call matured) · 📊 on Comm. : 60.8% · +10.7% (181 calls)

in progress (365j)
matures : Sep 30, 26

Keybanc ↗

Sep 26, 25

■ Sector Weight neutral · not a buy

🎯 on WBD : no call matured yet · 📊 on Comm. : 50.3% · +3.9% (179 calls)

in progress (365j)
matures : Sep 26, 26

Morgan Stanley ↗

Sep 25, 25

■ Equal-Weight neutral · not a buy · 🎯$15

Price at call : $19.51 — gap to target -23%

Today : $26.12 — gap to target -43%

🎯 on WBD : no call matured yet · 📊 on Comm. : 51.4% · +4.3% (294 calls)

in progress (365j)
matures : Sep 25, 26

Bernstein ↗

Sep 22, 25

■ Market Perform neutral · not a buy · 🎯$16

Price at call : $19.56 — gap to target -18%

Today : $26.12 — gap to target -39%

🎯 on WBD : no call matured yet · 📊 on Comm. : 62.3% · +9.9% (53 calls)

in progress (365j)
matures : Sep 22, 26

TD Cowen ↗

Sep 16, 25

■ Hold neutral · not a buy · 🎯$14

Price at call : $18.25 — gap to target -23%

Today : $26.12 — gap to target -46%

🎯 on WBD : no call matured yet · 📊 on Comm. : 63.4% · +7.4% (41 calls)

in progress (365j)
matures : Sep 16, 26

Needham ↗

Sep 12, 25

■ Hold neutral · not a buy

🎯 on WBD : no call matured yet · 📊 on Comm. : 36.6% · -5.2% (134 calls)

in progress (365j)
matures : Sep 12, 26

Sep 11, 25

■ Equal-Weight neutral · not a buy · 🎯$14

Price at call : $16.17 — gap to target -13%

Today : $26.12 — gap to target -46%

🎯 on WBD : no call matured yet · 📊 on Comm. : 45.2% · -1.0% (155 calls)

in progress (365j)
matures : Sep 11, 26

Raymond James ↗

Aug 8, 25

▲ Outperform · 🎯$13

Price at call : $10.78 — upside +21%

Today : $26.12 — upside -50%

🎯 on WBD : no call matured yet · 📊 on Comm. : 50.7% · +4.7% (148 calls)

in progress (365j)
matures : Aug 8, 26

Aug 8, 25

■ Equal-Weight neutral · not a buy · 🎯$13

Price at call : $10.78 — gap to target +21%

Today : $26.12 — gap to target -50%

🎯 on WBD : no call matured yet · 📊 on Comm. : 45.2% · -1.0% (155 calls)

in progress (365j)
matures : Aug 8, 26

Keybanc ↗

Aug 8, 25

▲ Overweight · 🎯$16

Price at call : $10.78 — upside +48%

Today : $26.12 — upside -39%

🎯 on WBD : no call matured yet · 📊 on Comm. : 50.3% · +3.9% (179 calls)

in progress (365j)
matures : Aug 8, 26

Morgan Stanley ↗

Aug 6, 25

■ Equal-Weight neutral · not a buy · 🎯$13

Price at call : $11.86 — gap to target +10%

Today : $26.12 — gap to target -50%

🎯 on WBD : no call matured yet · 📊 on Comm. : 51.4% · +4.3% (294 calls)

in progress (365j)
matures : Aug 6, 26

Keybanc ↗

Jul 30, 25

▲ Overweight · 🎯$18

Price at call : $13.26 — upside +36%

Today : $26.12 — upside -31%

🎯 on WBD : no call matured yet · 📊 on Comm. : 50.3% · +3.9% (179 calls)

in progress (365j)
matures : Jul 30, 26

Jul 30, 25

▲ Outperform · 🎯$16

Price at call : $13.26 — upside +21%

Today : $26.12 — upside -39%

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

in progress (365j)
matures : Jul 30, 26

Jul 14, 25

▲ Buy · 🎯$18

Price at call : $12.01 — upside +50%

Today : $26.12 — upside -31%

🎯 on WBD : 55% (11 calls matureds) · 📊 on Comm. : 36.2% · -10.9% (138 calls)

in progress (365j)
matures : Jul 14, 26

Barclays ↗

Jul 9, 25

■ Equal-Weight neutral · not a buy · 🎯$13

Price at call : $11.65 — gap to target +12%

Today : $26.12 — gap to target -50%

🎯 on WBD : no call matured yet · 📊 on Comm. : 57.5% · +7.4% (153 calls)

in progress (365j)
matures : Jul 9, 26

Jul 8, 25

■ Neutral neutral · not a buy · 🎯$10

Price at call : $11.49 — gap to target -13%

Today : $26.12 — gap to target -62%

🎯 on WBD : no call matured yet · 📊 on Comm. : 58.7% · +8.7% (150 calls)

in progress (365j)
matures : Jul 8, 26

Jul 2, 25

■ Equal-Weight neutral · not a buy · 🎯$11

Price at call : $11.22 — gap to target -2%

Today : $26.12 — gap to target -58%

🎯 on WBD : no call matured yet · 📊 on Comm. : 45.2% · -1.0% (155 calls)

in progress (365j)
matures : Jul 2, 26

B of A Securities ↗

Jul 1, 25

▲ Buy · 🎯$16

Price at call : $11.12 — upside +44%

Today : $26.12 — upside -39%

Expected +44% · Actual +138% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 100% (1 call matured) · 📊 on Comm. : 60.8% · +10.7% (181 calls)

+138.1%

stock +138% · XLC +2%

Jun 10, 25

▲ Buy

Actual +156% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 100% (1 call matured) · 📊 on Comm. : 51.2% · +11.2% (82 calls)

+155.6%

stock +156% · XLC +7%

Needham ↗

Jun 10, 25

■ Hold neutral · not a buy

🎯 on WBD : no call matured yet · 📊 on Comm. : 36.6% · -5.2% (134 calls)

in progress (365j)
matures : Jun 10, 26

Jun 9, 25

▲ Outperform · 🎯$16

Price at call : $10.01 — upside +60%

Today : $26.12 — upside -39%

Expected +60% · Actual +162% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

+162.0%

stock +162% · XLC +6%

Citigroup ↗

May 29, 25

▲ Buy · 🎯$14

Price at call : $9.97 — upside +40%

Today : $26.12 — upside -46%

Expected +40% · Actual +173% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 100% (1 call matured) · 📊 on Comm. : 59.1% · +12.7% (215 calls)

+173.3%

stock +173% · XLC +14%

May 13, 25

▲ Outperform · 🎯$16

Price at call : $9.18 — upside +74%

Today : $26.12 — upside -39%

Expected +74% · Actual +197% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

+196.8%

stock +197% · XLC +17%

May 9, 25

■ Equal-Weight neutral · not a buy · 🎯$10

Price at call : $9.23 — gap to target +8%

Today : $26.12 — gap to target -62%

🎯 on WBD : no call matured yet · 📊 on Comm. : 45.2% · -1.0% (155 calls)

in progress (365j)
matures : May 9, 26

Mar 5, 25

▲ Outperform · 🎯$16

Price at call : $11.43 — upside +40%

Today : $26.12 — upside -39%

Expected +40% · Actual +145% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

+145.0%

stock +145% · XLC +17%

Feb 27, 25

▲ Outperform · 🎯$16

Price at call : $11.46 — upside +40%

Today : $26.12 — upside -39%

Expected +40% · Actual +149% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

+148.7%

stock +149% · XLC +16%

Feb 26, 25

▲ Buy · 🎯$18

Price at call : $10.5 — upside +71%

Today : $26.12 — upside -31%

Expected +71% · Actual +174% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 55% (11 calls matureds) · 📊 on Comm. : 36.2% · -10.9% (138 calls)

+174.3%

stock +174% · XLC +15%

Dec 13, 24

▲ Outperform · 🎯$16

Price at call : $12.07 — upside +33%

Today : $26.12 — upside -39%

Expected +33% · Actual +146% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

+146.2%

stock +146% · XLC +15%

Nov 11, 24

▲ Outperform · 🎯$12

Price at call : $9.22 — upside +30%

Today : $26.12 — upside -54%

Expected +30% · Actual +141% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

+140.7%

stock +141% · XLC +17%

Nov 7, 24

▲ Outperform · 🎯$12

Price at call : $9.18 — upside +31%

Today : $26.12 — upside -54%

Expected +31% · Actual +150% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

+150.3%

stock +150% · XLC +18%

Sep 13, 24

▲ Buy · 🎯$18

Price at call : $8.49 — upside +112%

Today : $26.12 — upside -31%

Expected +112% · Actual +129% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 55% (11 calls matureds) · 📊 on Comm. : 36.2% · -10.9% (138 calls)

+129.2%

stock +129% · XLC +37%

Aug 8, 24

▲ Buy · 🎯$18

Price at call : $7.03 — upside +156%

Today : $26.12 — upside -31%

Expected +156% · Actual +53% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 55% (11 calls matureds) · 📊 on Comm. : 36.2% · -10.9% (138 calls)

+53.3%

stock +53% · XLC +27%

Jul 23, 24

▲ Outperform · 🎯$12

Price at call : $8.47 — upside +42%

Today : $26.12 — upside -54%

Expected +42% · Actual +59% · Reason (≥ +15%) : ✓ Yes

🎯 on WBD : 93% (14 calls matureds) · 📊 on Comm. : 52.9% · +46.5% (17 calls)

+59.4%

stock +59% · XLC +31%