Warner Bros. Discovery, Inc. which can be found using ticker (WBD) have now 21 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 36 and 11 calculating the average target price we see $20.86. Given that the stocks previous close was at $14.35 this is indicating there is a potential upside of 45.4%. It’s also worth noting that there is a 50 day moving average of $13.99 and the 200 day MA is $13.25. The company has a market capitalization of $34,069m. You can visit the company’s website by visiting: https://ir.wbd.com
The potential market cap would be $49,525m based on the market concensus.
Warner Bros. Discovery, Inc., operates 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 lienses television programs to third parties and networks 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. The Network segment comprises domestic and international television markets. The DTC segment offers premium pay-tv and streaming services. In addition, the company offers portfolio of content, brands, and franchises across television, film, streaming, and gaming under the Warner Bros. Pictures Group, Warner Bros. Television Group, DC, HBO, HBO Max, Discovery Channel, discovery+, CNN, HGTV, Food Network, TNT, TBS, TLC, OWN, Warner Bros. Games, Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings brands. Further, it provides content through distribution platforms including linear network, free-to-air, and broadcast television; authenticated GO applications, digital distribution arrangements, content licensing arrangements, and direct-to-consumer subscription products. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York.
The company is not paying dividends at this time.
