Nasdaq· Cable & Other Pay Television Services· Inc. DE· CIK 0001437107

WBD

Warner Bros. Discovery, Inc.
$30.95 ▲ +0.00%
Prev close $30.95
Market cap$77.5B
ConsensusSell
12-mo target$30.17 (-2.5%)
▼ Bearish
Analyst conviction 3/10
Insider Selling Cluster (6 insiders)40 New Institutional Positions10 Institutional Exits Streaming & Digital Media
Snapshot
The big-picture read on WBD right now — valuation, ownership and activity at a glance.
Market Cap
$77.5B
Cap Size
Large Cap
Analyst Consensus
Sell (28%)
Inst. Holders
50 funds
Inst. Value
$40.3B
Inst. Activity
40 buys / 10 sells
Insider Activity
$0.00 buy / $178.9M sell
Insider Net $
-$178.9M
Social Sentiment
53° Neutral
SEC Reports
20
Press Releases
2
Congressional
2 trades
Price chart 30d +9.0%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 30, 2026 other
Paramount Skydance and Warner Bros. Discovery Announce Anticipated Closing Date of Paramount Merger
NEW YORK, Sept. 30, 2026 /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("PSKY") and
Sep 30, 2026 Insider
Noto Anthony was granted 929 shares
Director
Sep 16, 2026 SEC
A cluster of four Warner Bros. Discovery insiders, including a director and the Chief People & Culture Officer, sold a t
CLUSTER — Impact 4/10
Sep 15, 2026 SEC
Three WBD insiders, including the Chief People & Culture Officer and two directors, sold a combined $13.17M in open-mark
CLUSTER — Impact 3/10
Sep 14, 2026 Insider
Locke Lori C. sold 29,115 shares
Chief Accounting Officer @ $28.13 ($819.0K)
Sep 12, 2026 SEC
Three Warner Bros. Discovery insiders, including a director and the Chief People & Culture Officer, sold a combined $22.
CLUSTER — Impact 2/10
Sep 11, 2026 Insider
FISHER RICHARD W sold 6,700 shares
Director @ $28.06 ($188.0K)
Aug 6, 2026 Press
The UK Competition and Markets Authority (CMA) has formally cleared Paramount Skydance Corporation's acquisition of Warn
Impact 7/10
Analyst ratings buy % -44.0%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
Sell 28% rate it Buy or better · 25 analysts
Strong Buy 2 8% Buy 5 20% Hold 17 68% Sell 1 4% Strong Sell 0 0%
Recent analyst actions
DateFirmActionRatingFirm rating
Sep 29, 2026Argus ResearchDOWNGRADESell 54%
Sep 22, 2026Morgan StanleyMAINTAINEqual-Weight 55%
Aug 18, 2026Argus ResearchREITERATEBuy 54%
Jul 27, 2026Seaport GlobalDOWNGRADENeutral 51%
Jun 29, 2026Seaport GlobalUPGRADEBuy 51%
May 7, 2026UBSMAINTAINNeutral 55%
May 7, 2026GuggenheimREITERATENeutral 52%
Monthly consensus history
PeriodStr. BuyBuyHoldSellStr. SellBuy %Distribution
Sep 1, 202625171028%
Aug 1, 202624181024%
Jul 1, 202625171028%
Jun 1, 20261119617%
May 1, 202624182023%
Apr 1, 202624182023%
Mar 1, 202634173026%
Feb 1, 202639141044%
Price targets
Where 12 covering analysts think WBD trades over the next 12 months.
$30.17 -2.5% upside Hold
Current$30.95 Low$26.00 Median$31.00 High$31.25 12 analysts
$26.00$31.25
Analyst rating Hold· 3.0/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
53°
Neutral
BearishNeutralBullish
32 mentions 14 bullish 12 bearish 6 neutral
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
20 SEC filing reports analyzed · 0 bullish, 3 bearish, 1 mixed, 16 neutral · avg impact 3.4/10.Plus 2 press releases.
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 30, 2026
other
Paramount Skydance and Warner Bros. Discovery Announce Anticipated Closing Date of Paramount Merger
NEW YORK, Sept. 30, 2026 /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("PSKY") and Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD"
Sep 25, 2026
m_and_a
Warner Bros. Discovery Announces Intention to Delist Euro Notes from Nasdaq Global
NEW YORK, Sept. 25, 2026 /PRNewswire/ -- Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD" or "Warner Bros. Discovery") today announced that, in conne
Sep 7, 2026
dark_pool
Dark Pool: WBD — 23.4M shares, 72,847 trades
Week starting 2026-09-07. Total ATS volume: 23,449,453 shares across 72,847 trades.
Aug 31, 2026
short_interest_report
Short Interest: WBD up 22% to 68.8M shares
Settlement 2026-08-31 | Days to cover: 3.85 | ≈2.74% of shares outstanding (est.)
Aug 31, 2026
dark_pool
Dark Pool: WBD — 24.4M shares, 86,665 trades
Week starting 2026-08-31. Total ATS volume: 24,366,096 shares across 86,665 trades.
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
PeriodEPS Est.RangeGrowth30d RevUp/DnRevenue#
Current Q$-0.00$-0.23–$0.2395.3%+0.0%3↑ 7↓$8.8B14
Next Q$-0.04$-0.29–$0.2064.1%+0.0%4↑ 6↓$9.8B14
Current FY$-1.13$-1.60–$-0.66-488.0%-0.3%10↑ 3↓$36.2B15
Next FY$0.01$-0.93–$0.37100.6%+173.0%4↑ 5↓$37.3B15
Current-quarter EPS estimate — revision history
WhenEPS estimateChange vs now
Current$-0.003—
7d ago$-0.003—
30d ago$-0.003—
60d ago$0.012-0.015
90d ago$0.012-0.015
Institutional ownership
Which big funds own WBD (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $40.3B total value (1,510,439,908 shares) as of 2026-Q2. Top holders: BlackRock,, VANGUARD, STATE. Net buying activity: 40 institutions added/increased vs 10 reduced.
Top holders — 2026-Q2
FundSharesValue% TrackedLast move
BlackRock, Inc.198,085,828$5.3B13.1%—
VANGUARD CAPITAL MANAGEMENT LLC158,635,529$4.2B10.5%—
STATE STREET CORP128,364,674$3.4B8.5%—
VANGUARD PORTFOLIO MANAGEMENT LLC105,102,281$2.8B7.0%—
Invesco Ltd.80,086,951$2.1B5.3%—
GEODE CAPITAL MANAGEMENT, LLC69,897,377$1.9B4.6%—
MILLENNIUM MANAGEMENT LLC57,657,575$1.5B3.8%ADD +31.2%
Pentwater Capital Management LP47,576,000$1.3B3.1%—
FMR LLC45,257,749$1.2B3.0%ADD +39.4%
CITADEL ADVISORS LLC44,587,810$1.2B3.0%ADD +51.8%
Recent position changes
FundActionPrevCurrentChangeValue
MILLENNIUM MANAGEMENT LLCADD43,939,39257,657,575+31.2%$1.5B
FMR LLCADD32,470,57345,257,749+39.4%$1.2B
CITADEL ADVISORS LLCADD29,380,71044,587,810+51.8%$1.2B
D. E. Shaw & Co., Inc.DOUBLED14,889,40340,750,490+173.7%$1.1B
NORGES BANKNEW—31,238,355—$832.8M
Qube Research & Technologies LtdADD15,325,78021,723,714+41.7%$579.2M
JPMORGAN CHASE & CODOUBLED543,31020,460,517+3665.9%$555.1M
Third Point LLCNEW—20,000,000—$533.2M
BALYASNY ASSET MANAGEMENT L.P.TRIM25,115,01416,512,606-34.3%$440.2M
HSBC HOLDINGS PLCDOUBLED5,978,04813,829,848+131.3%$369.8M
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
19 insiders, 50 transactions. Net -$178.9M — $0.00 bought, $178.9M sold.
DateInsiderTitleTypeSharesPriceValue
Sep 30, 2026Noto AnthonyDirectorAWARD929——
Sep 14, 2026Locke Lori C.Chief Accounting OfficerSELL29,115$28.13$819.0K
Sep 11, 2026FISHER RICHARD WDirectorSELL6,700$28.06$188.0K
Sep 10, 2026LOWE KENNETH WDirectorSELL200,000$28.23$5.6M
Sep 9, 2026Girdwood AmyChief People & Culture OfficerSELL262,285$27.98$7.3M
Sep 3, 2026LOWE KENNETH WDirectorSELL200,000$28.35$5.7M
Sep 3, 2026LEVY ANTON JDirectorSELL340,000$28.39$9.7M
Aug 27, 2026Perrette Jean-BriacPres.&CEO, Global StreamingSELL126,707$28.96$3.7M
Aug 17, 2026Wiedenfels GunnarChief Financial OfficerAWARD71,455——
Aug 14, 2026Zaslav DavidChief Executive Officer & PresSELL194,999$28.02$5.5M
Congressional trades
WBD trades disclosed by members of Congress, with disclosure delay.
2 members · 1 buys / 1 sells
DateMemberPartyChamberTypeAmountAssetDisclosed
Feb 10, 2026August PflugerRHOUSESELL$1,001 - $15,000Warner Bros Discover IncMar 19, 2026(38d)
Jan 9, 2026Gilbert CisnerosDHOUSEBUY$1,001 - $15,000Warner Bros Discover IncFeb 16, 2026(39d)
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for WBD.
Shares short
59,282,796
Settlement Sep 15, 2026
Change vs prior
-13.9%
Semi-monthly cycle
Days to cover
3.8
At avg daily volume
Of shares outstanding
≈2.4%
Estimate — not % of float
All WBD filing & press-release reports (34)