Warner Bros. Discovery Inc - Ordinary Shares - Class A

Warner Bros. Discovery Inc - Ordinary Shares - Class A

WBD

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Market Cap$67.72B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Warner Bros. Discovery Inc - Ordinary Shares - Class AWarner Bros. Discovery Inc - Ordinary Shares - Class A-38.8-4%1.90.1

Earnings Call Q1 2026

May 6, 2026 - AI Summary

Streaming / HBO Max momentum looks strong (good): - Management says Q1 delivered above-guidance subscriber performance, now meaningfully exceeding 140M total subscribers by end of Q1, with an expectation to finish 2026 with >150M global subscribers. - They emphasize accelerating subscriber-related revenue growth, expecting it to pick up in Q2 and through the rest of 2026 (suggests improving monetization beyond just net adds). - Commercial “why it works” narrative: HBO Max is positioning around “better is better” (distinct content quality) plus product/tech iteration and international expansion; they cite early indicators of improving engagement and churn metrics over recent months.
Content slate & Warner Bros. Studios “creative renaissance” supports future growth (good): - Strong awards/box office validation: Warner Bros. received 11 Oscars (including Best Picture for *One Battle After Another*)—used to argue the studio is returning to leadership. - Studios outlook (forward-looking): 2026 includes 14 films, including *Dune: Part Three*, *Supergirl*, *Clayface*, *Practical Magic 2*, and *Digger* (Tom Cruise). - They re-affirm the strategic target of at least $3B annual WB Studios adjusted EBITDA, positioning it as foundation for the next phase.
Global linear networks improving, especially internationally (mixed/good): - They report resilience and delivery improvements: general entertainment delivery up 16% sequentially YoY vs Q4, and TLC/TBS growing prime time viewership double-digits YoY (excluding sports). - News performance: CNN up 30% YoY in total minutes spent across platforms in Q1. - Sports is a highlight: they cite recorded/compared engagement for Olympics and say March Madness was record-breaking on TNT Sports; MLB regular season and NHL playoffs also starting well. - CFO framed linear as increasingly content across platforms (international streaming utilization), noting in some cases >50% of revenues come from streaming utilization of network content.

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Target Price by Analysts

14.8% upsideWarner Bros. Discovery Target Price DetailsTarget Price
$61.83

Current Fair Value

129% upside

Undervalued by 129% based on the discounted cash flow analysis.

Share Statistics

Market cap$67.72 Billion
Enterprise Value$67.54 Billion
Dividend Yield$- (-)
Earnings per Share$0.29
Beta1.57
Outstanding Shares2,492,000,000

Return

Return on Equity4.26%ROE
Return on Assets1.42%
Return on Invested Capital2.84%

Valuation & Multiples

P/E Ratio-38.77P/E Ratio
PEG-6.1PEG
Price to Sales1.93Price to Sales
Price to Book Ratio2.08Price to Book Ratio
Enterprise Value to Revenue1.81
Enterprise Value to EBIT29.12
Enterprise Value to Net Income48
Total Debt to Enterprise0.05
Debt to Equity0.09Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 14, 2026
EPS Estimate
$-0.09
Average shareholder expectation
Revenue Estimate
$8.89 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 6, 2026
EPS Estimate
$-0.11
Average shareholder expectation
Revenue Estimate
$9.31 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio2.8352▲ 192.40%
Total Calls31,621,682▼ 62.89%
Total Puts89,655,345▲ 15.45%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %70.36%▼ 0.12%
Total Invested$47.82B▼ 6.22%
Investors Holding1,386▼ 40.00%

ESG Score

No data

About Warner Bros.Discovery Inc

9,800 employees
CEO: David Zaslav

Discovery, Inc. is a global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspires, informs and entertains. Discovery delivers over 8,000 hours of original programming ea...

Relevant Senate Committees

Joint Committee on Taxation

This committee directly influences the specifics of tax legislation, including corporate tax structures and capital investment credits, which have a direct and significant impact on Warner Bros. Discovery's financial planning and profitability.

Finance

The Finance Committee's control over taxation (corporate tax rates, credits) and trade policy (affecting international content distribution and operations) has a direct and significant impact on Warner Bros. Discovery's financial performance and global strategy.

Judiciary

The Judiciary Committee's oversight of antitrust laws (crucial for WBD's M&A activities and market concentration) and intellectual property rights (the foundation of WBD's content-based business model) makes it highly relevant.

Commerce, Science, and Transportation

This committee's vast jurisdiction over interstate commerce, the FCC (broadcasting, net neutrality affecting streaming), and the FTC (consumer protection, advertising, privacy) directly impacts WBD's core operations, content distribution, and advertising revenue streams.

Foreign Relations

WBD has extensive global operations, making it highly susceptible to U.S. foreign policy, international sanctions, and trade agreements which directly impact its ability to operate, license content, and generate revenue in numerous international markets.