Sanford C. Bernstein Issues Positive Forecast for Warner Bros. Discovery (NASDAQ:WBD) Stock Price

Warner Bros. Discovery (NASDAQ:WBD) had its price target hoisted by Sanford C. Bernstein from $23.50 to $27.75 in a research report released on Tuesday,MarketScreener reports. Sanford C. Bernstein currently has a market perform rating on the stock.

A number of other research analysts also recently commented on WBD. TD Cowen raised their target price on shares of Warner Bros. Discovery from $14.00 to $22.00 in a research report on Friday, November 7th. Moffett Nathanson lifted their price objective on shares of Warner Bros. Discovery from $26.00 to $31.00 and gave the company a “buy” rating in a report on Friday, January 30th. Arete Research boosted their price objective on shares of Warner Bros. Discovery from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Raymond James Financial increased their target price on Warner Bros. Discovery from $22.00 to $25.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Finally, Guggenheim downgraded Warner Bros. Discovery from a “buy” rating to a “neutral” rating and lifted their price target for the company from $25.00 to $30.00 in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $25.30.

Warner Bros. Discovery Price Performance

WBD opened at $29.15 on Tuesday. The company has a market capitalization of $72.23 billion, a price-to-earnings ratio of 153.43 and a beta of 1.64. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.90. Warner Bros. Discovery has a 12-month low of $7.52 and a 12-month high of $30.00. The business’s fifty day simple moving average is $28.32 and its 200-day simple moving average is $22.45.

Insider Buying and Selling at Warner Bros. Discovery

In related news, CFO Gunnar Wiedenfels sold 242,994 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $29.50, for a total transaction of $7,168,323.00. Following the transaction, the chief financial officer directly owned 918,940 shares in the company, valued at $27,108,730. The trade was a 20.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Lori C. Locke sold 5,000 shares of the stock in a transaction dated Monday, December 8th. The shares were 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 owned 110,084 shares of the company’s stock, valued at approximately $3,040,520.08. This trade represents a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 262,116 shares of company stock worth $7,665,481. 1.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Swiss RE Ltd. acquired a new stake in shares of Warner Bros. Discovery during the fourth quarter worth about $26,000. Fideuram Asset Management Ireland dac purchased a new position in Warner Bros. Discovery during the 4th quarter worth approximately $29,000. MV Capital Management Inc. acquired a new stake in Warner Bros. Discovery during the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. boosted its holdings in shares of Warner Bros. Discovery by 81.5% in the 4th quarter. Rakuten Securities Inc. now owns 1,160 shares of the company’s stock valued at $33,000 after acquiring an additional 521 shares during the last quarter. Finally, TOWER TRUST & INVESTMENT Co increased its stake in shares of Warner Bros. Discovery by 4,730.8% in the fourth quarter. TOWER TRUST & INVESTMENT Co now owns 1,256 shares of the company’s stock worth $36,000 after acquiring an additional 1,230 shares during the period. 59.95% of the stock is owned by institutional investors and hedge funds.

Warner Bros. Discovery News Roundup

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

• Positive Sentiment: WBD’s board determined Paramount Skydance’s revised proposal could reasonably be expected to lead to a “Company Superior Proposal,” opening the door to further talks and a potential higher takeover price for shareholders. WBD Board Determination (PR Newswire)
• Positive Sentiment: Paramount has sweetened its offer (reports cite roughly $31–$32 per share), which could force a bidding contest or a higher merger consideration for WBD holders. That premium outlook is a direct upside catalyst for the stock. Paramount Boosts Bid (Yahoo)
• Positive Sentiment: WBD reported record streaming viewership during the 2026 Winter Olympics — a fundamental win that supports valuation versus peers and strengthens WBD’s operational story independent of the takeover news. Record Streaming Growth (BroadbandTVNews)
• Neutral Sentiment: WBD stresses the Netflix merger agreement remains in place and the Board continues to recommend the Netflix transaction while it reviews Paramount’s revised proposal — Netflix retains matching rights, keeping deal dynamics complex. Board Statement & Netflix Rights (Reuters)
• Neutral Sentiment: Near-term catalyst: WBD is set to report Q4 results on Feb. 26 — earnings could re-focus attention on fundamentals versus takeover speculation. Q4 Preview (Zacks)
• Neutral Sentiment: An analyst update raised a price target (Sanford C. Bernstein to $27.75) but kept a market-perform rating — mixed signal for investors about near-term upside. Bernstein PT Update (MarketScreener)
• Negative Sentiment: The Netflix transaction is under DOJ antitrust review and has drawn political scrutiny (including pressure tied to a Netflix board member), increasing the risk the Netflix deal could face regulatory hurdles — that uncertainty weighs on deal certainty and valuation. Regulatory/Political Scrutiny (Yahoo Finance)
• Negative Sentiment: Potential auction dynamics and matching rights mean a drawn-out, litigious, or regulatorily challenged process is possible (deadline and negotiating windows could extend uncertainty through March), which can depress the stock until resolution. Merger Auction & Deadline (ProactiveInvestors)

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.