Warner Bros. Discovery

Future Deal Activity And Rival Interest Will Unlock Fresh Media Value

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

09 Feb 25

Updated

11 Dec 25

Views

515

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

154.6%

7D

2.3%

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1Y

154.6%

7D

2.3%

You can edit this narrative until Dec 12 4:05 PM. Then, changes will post as Updates.

Author's Valuation

US$24.119.9% overvalued

AnalystConsensusTarget Fair Value

Shared on 11 Dec 25

Fair value Increased 7.28%

WBD: Bidding War Expectations Will Likely Deflate Overextended Share Price

Analysts have raised their price target on Warner Bros. Discovery from $22.47 to $24.10 per share.

Shared on 27 Nov 25

Fair value Increased 4.89%

WBD: Multiple Bidders And Regulatory Risks Will Influence Deal Outcome And Share Price

The fair value estimate for Warner Bros. Discovery has been raised from $21.42 to $22.47 as analysts cite increased acquisition interest, higher price targets, and the potential for multiple bidders contributing to additional valuation upside for the company.

Shared on 09 Nov 25

Fair value Increased 7.76%

WBD: Competitive Bids And Mergers Will Shape Shares Amid Near-Term Uncertainty

Warner Bros. Discovery's analyst fair value estimate has increased from $19.88 to $21.42 per share.

Shared on 26 Oct 25

Fair value Increased 8.79%

Warner Bros. Discovery’s analyst price target has increased from $18.27 to $19.88.

Shared on 12 Oct 25

Fair value Increased 21%

Analysts have increased their fair value estimate for Warner Bros. Discovery from $15.10 to $18.27 per share.

Shared on 28 Sep 25

Fair value Increased 1.31%

Warner Bros. Discovery’s analyst price target rose from $14.90 to $15.10, reflecting stronger studio results, potential M&A catalysts, an improving balance sheet, and sustained direct-to-consumer growth, though tempered by ongoing industry headwinds and acquisition uncertainty.

Shared on 13 Sep 25

Fair value Increased 1.46%

Warner Bros. Discovery’s consensus price target rose slightly to $14.90 as analysts cite improved Studios and direct-to-consumer performance, potential bid interest, and expected EBITDA beats, while headwinds in linear TV and uncertainty around long-term earnings temper optimism.

Shared on 07 May 25

Fair value Increased 13%

Shared on 30 Apr 25

Fair value Increased 0.78%

AnalystConsensusTarget has increased future PE multiple from 11.4x to 12.6x.

Shared on 23 Apr 25

Fair value Decreased 0.62%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 16 Apr 25

Fair value Increased 0.31%

AnalystConsensusTarget has increased revenue growth from 0.5% to 0.6%.

Shared on 09 Apr 25

Fair value Decreased 11%

AnalystConsensusTarget has decreased revenue growth from 0.6% to 0.5%, increased profit margin from 0.3% to 9.9% and decreased future PE multiple from 443.3x to 11.5x.

Shared on 02 Apr 25

Fair value Increased 6.43%

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget has decreased revenue growth from 0.7% to 0.6%.

Shared on 10 Mar 25

Fair value Decreased 2.57%

AnalystConsensusTarget has decreased revenue growth from 1.0% to 0.7%, decreased profit margin from 8.5% to 0.3% and increased future PE multiple from 12.8x to 452.8x.

AnalystConsensusTarget Fair Value

US$24.1

19.9% overvalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

0.10%

Entertainment revenue growth rate

0.42%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

10.44%

Calculation

US$10.21m

Earnings '28

x

8124.82x

PE Ratio '28

=

US$82.97b

Market Cap '28

US$82.97b

Market Cap '28

/

2.55b

No. shares '28

=

US$32.55

Share Price '28

US$32.55 Share Price '28

Discounted to 2025 @ 10.55% p.a.

=

US$24.09

Fair Value '25