NASDAQ · DISCA
Warner Bros. Discovery, Inc.
Communication Services · Broadcasting
$24.43▲ 5.90% ($1.36)at close
As of 3:47 PM ET
Valuation
Revenue & margin DCF
Verdict: fairly priced. Price above Base.
The price needs 5.0% revenue growth a year for 10 years. Our scenarios assume 2.5–4.5%.
That's below its past 4-year pace of 32.3%.
Value per share
Base case
$20.38
Price used $24.43 is 20% above this
USD · TTM ending Jun 30, 2026 · Price Apr 24, 2025, 7:47 PM UTC
Revenue each value needs
Revenue today $36.1B. The price needs $58.9B by 2036. Base case: $50.8B. At its recent pace: $591B. Bear to Bull: $46.2B to $56.3B.
Revenue today $36.1B. The price needs $58.9B by 2036. Base case: $50.8B. At its recent pace: $591B. Bear to Bull: $46.2B to $56.3B.
Revenue in 2036
today $36.1B
+$8.1Bmore than the Base case · 1.2×
Value per share · Base case
$20.38
Price $24.43
20% above this
- 10-yr revenue CAGR
- 3.5%
- Ending operating margin
- 10.9%
- Discount rate
- 8.1%
USD · TTM ending Jun 30, 2026 · Price Apr 24, 2025, 7:47 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 38.63% over the last year. Revenue declined 6.05% over the trailing twelve months. Operating margin moved from 0.57% to 5.73%. Free cash flow declined 46.37% over the trailing twelve months.
What the market seems to be pricing
The market is reacting to weaker business momentum more than just compressing the valuation multiple. Even if the shares already screen cheap on P/FCF, investors are still discounting lower future earnings power.
What would invalidate this read
Operating margin stands at 5.73%. Revenue declined 6.05% — this read reverses if that trend stabilizes. Free cash flow fell 46.37% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Return analysis
Company profile
Warner Bros.
Market multiples
Stock splits
Every 1000 shares became 1957
Profitability & growth
Analyst consensus
10
Buy
30
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Apr 27, 2022
Q2 FY22 · EPS est $0.59 · Revenue est $3.1B
Same quarter, year over year
FY22 YTD +34.7%Each cell vs the same quarter a year earlier (the cell below) · Q1 combined $0.71 vs $0.53 · up year over year
Q1
Q2
Q3
Q4
FY total
FY22
—
—
—
FY21
FY20
FY19
—
—
Fiscal year totals
- FY21
- $1.74
- -45.8%
- FY20
- $3.21
- —
Q1 FY22
Reported Apr 27, 2022 · Latest
HoverTap a cell to inspect
Actual
$0.71
Estimate
$0.59
Year over year
+34.7%
Vs prior quarter
+792.5%
Institutional Sentiment
Warner Bros. Discovery, Inc. · DISCA
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.