Warner Bros. Discovery, Inc. (WBD) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Hold
Based on 32 analysts17.6% Below Target
WBD trades 17.6% below Wall Street's consensus target of $30.80.
Current Price$26.20
Average Target$30.80
Target
Current
Low$30.00
Median$31.00
High$31.00
Analyst Target Range
Forward P/E—
PEG Ratio—
Implied Growth-52.3%
(Declining)
Analyst Spread3.2%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes WBD achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 32 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
WBD Price Target Analysis
Updated June 21, 2026As of June 21, 2026, Warner Bros. Discovery, Inc. (WBD) has a Wall Street consensus price target of $30.80, based on estimates from 32 covering analysts. With the stock currently trading at $26.20, this represents a potential upside of +17.6%. The company has a market capitalization of $65.69B.
Analyst price targets range from a low of $30.00 to a high of $31.00, representing a 3% spread in expectations. The median target of $31.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 12 analysts rating the stock as a Buy or Strong Buy,19 rating it Hold, and 1 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, WBD trades at a trailing P/E of 90.3x. Analysts expect EPS to grow -52.3% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Communication Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+16.5%
Industry Consensus
Avg Forward P/E
22.9x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 DISThe Walt Disney Company | $180.4B | $103.89 | $139.20 | +34.0% | Buy | 15.2x | 63 |
 FOXAFox Corporation | $22.9B | $52.23 | $70.63 | +35.2% | Hold | 10.3x | 48 |
 NFLXNetflix, Inc. | $327.9B | $77.38 | $111.83 | +44.5% | Buy | 21.7x | 99 |
 CMCSAComcast Corporation | $81.7B | $22.43 | $31.48 | +40.3% | Buy | 6.4x | 60 |
 AMCAMC Entertainment Holdings, Inc. | $1.7B | $2.83 | $1.50 | -47.0% | Hold | — | 28 |
 AMZNAmazon.com, Inc. | $2.6T | $244.39 | $307.77 | +25.9% | Buy | 27.8x | 94 |
 AAPLApple Inc. | $4.4T | $298.01 | $326.47 | +9.6% | Buy | 34.0x | 110 |
 SIRISirius XM Holdings Inc. | $9.4B | $28.03 | $27.80 | -0.8% | Buy | 8.9x | 32 |
 ROKURoku, Inc. | $20.4B | $138.07 | $153.53 | +11.2% | Buy | 55.8x | 45 |
 GOOGLAlphabet Inc. | $4.5T | $368.03 | $411.80 | +11.9% | Buy | 25.9x | 83 |
WBD — Frequently Asked Questions
Quick answers to the most common questions about buying WBD stock.
What is the WBD stock price target for 2026?
Warner Bros. Discovery, Inc. (WBD) has a consensus 12-month price target of $30.8, implying 17.6% upside from $26.2. The 32 analysts covering WBD see moderate appreciation potential.
Is WBD a buy, sell, or hold?
WBD has a consensus rating of "Hold" based on 32 Wall Street analysts. The rating breakdown is mixed, with 19 Hold ratings making up the largest segment. The consensus 12-month price target of $30.8 implies 17.6% upside from current levels.
Is WBD stock overvalued or undervalued?
WBD's current price is $26.2 with a consensus target of $30.8 (17.6% implied move). Analyst estimates suggest the stock is undervalued at current levels.
How high can WBD stock go?
The most bullish Wall Street analyst has a price target of $31 for WBD, while the most conservative target is $30. The consensus of $30.8 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover WBD stock?
WBD is heavily covered by Wall Street, with 32 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 12 have Buy ratings, 19 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the WBD stock forecast?
The 12-month WBD stock forecast based on 32 Wall Street analysts shows a consensus price target of $30.8, with estimates ranging from $30 (bear case) to $31 (bull case). The median consensus rating is "Hold".
Should I buy WBD stock?
Wall Street analysts are optimistic on WBD, with a "Hold" consensus rating and $30.8 price target (17.6% upside). 12 of 32 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do WBD price targets vary so much?
WBD analyst price targets range from $30 to $31, a 3% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $30.8 consensus represents the middle ground.
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into WBD consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare