Warner Bros. Discovery, Inc. (WBD) is a New York-based American global media and entertainment corporation. On April 8, 2022, it was founded by AT&T’s spin-off of WarnerMedia and merger with Discovery, Inc.
The company’s properties are divided into nine business units, which include the flagship Warner Bros. film and television studios, comic book publisher DC Comics, Home Box Office, Inc. (which includes HBO, Cinemax, and Magnolia Network), U.S. Networks Group (which includes the majority of the advertisement-supported cable channels of its predecessors, namely Discovery, Scripps Networks, Turner Broadcasting, and Warner), CNN Global (which includes CNN and CNN International), Sports Network, and Sports Network International.
WBD stock closed at $14.49, with a total market size of $35.2935.29 35.29B (44M shares outstanding). The WBD is listed on NASDAQ under the symbol WBD. WBD’s price has risen by 3.69% in the last 24 hours. WBD’s stock price forecast is now optimistic. According to Simply Wall St., Warner Bros. has a debt-to-equity ratio of 101.1%. This means it has more debt than equity, which is represented by the difference between its total assets of $128.62 billion and its total liabilities of $81.8 billion. Warner Bros. has $47.3 billion in debt and $46.8 billion in equity.
Warner Bros. stock has a market value of $34.05 billion and a total revenue of $33.817 billion.
Furthermore, while Warner Bros. stock has increased by 8.59% in the previous month, it has dropped by 10.22% in the last six months. Warner Bros. Discovery Inc. stock has returned 44.77% year to date.
The price activity indicates that Warner Bros. Discovery Inc.’s (NASDAQ: WBD) stock price has been on an upward trend over the previous three months, growing by 18.29% while reaching higher highs and lower lows. WBD stock was trading around $13.97 at the time of writing, having completed the development of a symmetrical triangular pattern.
As a result, if the present level is maintained, the WBD price might continue to rise and hit the first and second goals of $14.55 and $16.37, respectively. If the WBD price fails to maintain its present level and falls, it may reach the nearest support levels of $10.84 and $8.83.
On the Daily Chart:
On the Weekly Chart:
According to our current WBD stock estimate, the value of Warner Bros. Discovery, Inc. shares will fall by -2.17% by August 13, 2023, reaching $14.17 per share. Our technical indicators indicate that the present attitude is Bearish, with the Fear and Greed Index reading 39 (Fear). Over the previous 30 days, WBD stock had 18/30 (60%) green days and 2.61% price volatility. According to our Warner Bros. Discovery, Inc. stock forecast, now is a terrible time to purchase WBD stock because it’s trading 2.21% higher than what we predicted.
2025 Stock Forecast for Warner Bros. Discovery, Inc.
The 2025 stock projection for Warner Bros. Discovery, Inc. is now $12.02, assuming that Warner Bros. Discovery, Inc. shares continue to increase at the same average annual rate as they did in the previous ten years. The WBD stock price would rise by -16.99 as a result.
Stock Forecast for Warner Bros. Discovery, Inc. in 2030
If Warner Bros. Discovery, Inc. maintains its current 10-year average growth rate, the shares will be worth $7.55 in 2030. WBD stock will gain -47.89% from its present price if this Warner Bros. Discovery, Inc. stock prediction for 2030 comes true.
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