Warner Bros. Discovery Inc (NASDAQ:WBD) price on Thursday, May 01, fall -2.77% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.43.
A look at the stock’s price movement, the close in the last trading session was $8.67, moving within a range at $8.31 and $8.699. The beta value (5-Year monthly) was 1.432. Turning to its 52-week performance, $12.70 and $6.64 were the 52-week high and 52-week low respectively. Overall, WBD moved -17.43% over the past month.
Warner Bros. Discovery Inc’s market cap currently stands at around $20.85 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Analysts have a consensus estimate of 9.6B for the company’s revenue for the quarter, with a low and high estimate of 8.9B and 10.03B respectively. The average forecast suggests down to a -3.57% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 38.82B, representing a -1.26% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that WBD is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
20 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 6 analyst(s) rate the stock as a Hold, 13 recommend WBD as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
WBD’s current price about 1.25% and -13.82% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.91, while 7-day volatility ratio is 3.86% and 7.52% in the 30-day chart. Further, Warner Bros. Discovery Inc (WBD) has a beta value of 1.46, and an average true range (ATR) of 0.54. Analysts have given the company’s stock an average 52-week price target of $12.5, forecast between a low of $12 and high of $13. Looking at the price targets, the low is -42.35% off current price level while to achieve the yearly target high, price needs to move -54.21%. Nonetheless, investors will most likely welcome a -48.28% jump to $12.5 which is the analysts’ median price.
If we refocus on Warner Bros. Discovery Inc (NASDAQ:WBD), historical trading data shows that trading volumes averaged 36.22 over the past 10 days and 40.98 million over the past 3 months. The company’s latest data on shares outstanding shows there are 2.45 billion shares.
The 9.62% of Warner Bros. Discovery Inc’s shares are in the hands of company insiders while institutional holders own 66.08% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 92.79 million on 2025-04-15, giving us a short ratio of 2.01. The data shows that as of 2025-04-15 short interest in Warner Bros. Discovery Inc (WBD) stood at 422.0 of shares outstanding, with shares short rising to 69.73 million registered in 2025-03-14. Current price change has pushed the stock -20.25% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WBD stock continues to rise going into the next quarter.
