Warner Bros. Discovery (NASDAQ:WBD) Price Target Raised to $32.00 at Argus

Warner Bros. Discovery (NASDAQ:WBD) had its price objective lifted by Argus from $28.00 to $32.00 in a report released on Tuesday morning,MarketScreener reports. They currently have a buy rating on the stock.

A number of other analysts also recently commented on WBD. Bank of America boosted their target price on shares of Warner Bros. Discovery from $16.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, September 30th. Barrington Research downgraded Warner Bros. Discovery from an “outperform” rating to a “hold” rating in a report on Friday, December 5th. Sanford C. Bernstein boosted their price target on shares of Warner Bros. Discovery from $16.00 to $23.50 in a report on Friday, November 7th. Wells Fargo & Company lifted their price target on Warner Bros. Discovery from $21.00 to $25.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. Finally, UBS Group set a $32.00 price objective on Warner Bros. Discovery in a report on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.94.

Warner Bros. Discovery Stock Performance

Shares of WBD opened at $28.07 on Tuesday. The firm has a 50-day moving average price of $27.41 and a 200 day moving average price of $20.31. The firm has a market capitalization of $69.56 billion, a PE ratio of 147.74 and a beta of 1.56. Warner Bros. Discovery has a 52-week low of $7.52 and a 52-week high of $30.00. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.90.

Warner Bros. Discovery (NASDAQ:WBD) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). The company had revenue of $9.05 billion for the quarter, compared to analyst estimates of $9.17 billion. Warner Bros. Discovery had a net margin of 1.28% and a return on equity of 1.34%. Warner Bros. Discovery’s revenue was down 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.05 EPS. On average, sell-side analysts anticipate that Warner Bros. Discovery will post -4.33 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Gunnar Wiedenfels sold 242,994 shares of the stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 918,940 shares of the company’s stock, valued at $27,108,730. This represents a 20.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Lori C. Locke sold 4,122 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $28.92, for a total value of $119,208.24. Following the completion of the transaction, the chief accounting officer directly owned 100,962 shares of the company’s stock, valued at approximately $2,919,821.04. The trade was a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 489,326 shares of company stock worth $12,781,456. 1.80% of the stock is currently owned by company insiders.

Institutional Trading of Warner Bros. Discovery

Large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in Warner Bros. Discovery by 304.9% during the 4th quarter. Brighton Jones LLC now owns 68,950 shares of the company’s stock worth $729,000 after acquiring an additional 51,920 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Warner Bros. Discovery by 50.5% in the first quarter. NewEdge Advisors LLC now owns 63,254 shares of the company’s stock valued at $679,000 after acquiring an additional 21,228 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Warner Bros. Discovery by 6.2% in the 1st quarter. Empowered Funds LLC now owns 65,082 shares of the company’s stock worth $698,000 after purchasing an additional 3,779 shares during the last quarter. Focus Partners Wealth boosted its holdings in Warner Bros. Discovery by 91.6% during the first quarter. Focus Partners Wealth now owns 116,821 shares of the company’s stock worth $1,254,000 after buying an additional 55,837 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Warner Bros. Discovery by 10.9% during the 2nd quarter. Farther Finance Advisors LLC now owns 13,148 shares of the company’s stock worth $151,000 after acquiring an additional 1,295 shares during the last quarter. 59.95% of the stock is owned by institutional investors.

Key Stories Impacting Warner Bros. Discovery

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

• Positive Sentiment: Argus raised its price target to $32 and kept a “buy” rating, implying ~14% upside from recent levels — a direct analyst upgrade that can support the stock. Argus Adjusts PT to $32
• Positive Sentiment: Short interest fell sharply in January (down ~21.7% to ~77.5M shares), lowering bearish pressure; short % is ~3.2% with a ~3.0 days-to-cover — fewer forced buys on squeezes. (Data summary)
• Positive Sentiment: WBD led nominations at the BAFTA Film Awards, which can lift long‑term brand/value of WBD’s film library and help content-driven subscriber engagement. Warner Bros. Discovery Leads BAFTA Nominations
• Neutral Sentiment: Summary coverage of current analyst estimates and ratings highlights mixed views on near-term profitability and EPS forecasts — useful context but not a single catalyst. Analyst Estimates & Ratings
• Neutral Sentiment: Market write-ups note recent “melt-up” in WBD shares tied to M&A rumors and broader market moves — explains momentum but is speculative. Netflix vs. Warner Bros. — M&A Context
• Neutral Sentiment: Intraday coverage noted a modest dip versus the prior session, reflecting the push-and-pull between upgrades and regulatory headlines. Zacks: Stock Dips While Market Gains
• Negative Sentiment: The Senate Judiciary Committee’s antitrust subcommittee will hold a hearing next week on a proposed Netflix–Warner tie-up — this raises regulatory risk that could derail or delay M&A outcomes and dent takeover-premium expectations. Senate Hearing on Proposed Netflix–Warner Deal
• Negative Sentiment: Senate Antitrust Panel Chair publicly raised concerns that the deal could harm competition — comments increase political and regulatory scrutiny, a meaningful near-term risk for deal-driven upside. WSJ: Chair Raises Concerns Over Deal

Warner Bros. Discovery Company Profile

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.