Research Analysts Issue Forecasts for WBD Q1 Earnings

Warner Bros. Discovery, Inc. (NASDAQ:WBD) – Research analysts at Seaport Res Ptn issued their Q1 2026 earnings per share estimates for shares of Warner Bros. Discovery in a note issued to investors on Monday, June 9th. Seaport Res Ptn analyst D. Joyce forecasts that the company will post earnings per share of $0.25 for the quarter. The consensus estimate for Warner Bros. Discovery’s current full-year earnings is ($4.33) per share. Seaport Res Ptn also issued estimates for Warner Bros. Discovery’s Q2 2026 earnings at $0.13 EPS, Q3 2026 earnings at $0.20 EPS, Q4 2026 earnings at $0.25 EPS and FY2027 earnings at $0.84 EPS.

A number of other research firms also recently issued reports on WBD. Needham & Company LLC reaffirmed a “hold” rating on shares of Warner Bros. Discovery in a report on Tuesday. Argus upgraded Warner Bros. Discovery to a “hold” rating in a research report on Tuesday, May 27th. Benchmark reiterated a “buy” rating and issued a $18.00 price objective on shares of Warner Bros. Discovery in a report on Wednesday, February 26th. Barrington Research reiterated an “outperform” rating and set a $16.00 price objective on shares of Warner Bros. Discovery in a research report on Monday. Finally, KeyCorp cut their target price on Warner Bros. Discovery from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $12.17.

Warner Bros. Discovery Price Performance

Shares of NASDAQ:WBD opened at $10.16 on Wednesday. The company’s fifty day moving average price is $8.95 and its 200-day moving average price is $9.94. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market capitalization of $24.94 billion, a price-to-earnings ratio of -2.22, a PEG ratio of 8.64 and a beta of 1.51. Warner Bros. Discovery has a one year low of $6.64 and a one year high of $12.70.

Warner Bros. Discovery (NASDAQ:WBD) last announced its earnings results on Thursday, May 8th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.06). Warner Bros. Discovery had a negative net margin of 28.34% and a negative return on equity of 27.56%. The company had revenue of $8.98 billion during the quarter, compared to analysts’ expectations of $9.66 billion. During the same period in the prior year, the business earned ($0.40) earnings per share. The company’s revenue for the quarter was down 9.8% compared to the same quarter last year.

Institutional Trading of Warner Bros. Discovery

A number of institutional investors have recently modified their holdings of WBD. Brighton Jones LLC grew its position in shares of Warner Bros. Discovery by 304.9% in the 4th quarter. Brighton Jones LLC now owns 68,950 shares of the company’s stock worth $729,000 after buying an additional 51,920 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in Warner Bros. Discovery by 10.8% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,108,231 shares of the company’s stock worth $53,994,000 after acquiring an additional 498,689 shares during the period. Empowered Funds LLC boosted its holdings in Warner Bros. Discovery by 5.1% in the fourth quarter. Empowered Funds LLC now owns 61,303 shares of the company’s stock valued at $648,000 after acquiring an additional 2,949 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in Warner Bros. Discovery by 101.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 49,024 shares of the company’s stock valued at $518,000 after purchasing an additional 24,692 shares during the period. Finally, Stonebridge Financial Group LLC bought a new position in Warner Bros. Discovery in the 4th quarter worth $26,000. 59.95% of the stock is currently owned by hedge funds and other institutional investors.

About Warner Bros. Discovery

Warner Bros. Discovery, Inc operates as 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 licenses television programs to its networks and third parties 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.