Weekly Research Analysts’ Ratings Updates for Warner Bros. Discovery (WBD)

Warner Bros. Discovery (NASDAQ: WBD) recently received a number of ratings updates from brokerages and research firms:

• 12/18/2025 – Warner Bros. Discovery was given a new $29.00 price target on by analysts at Morgan Stanley.
• 12/15/2025 – Warner Bros. Discovery had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 12/11/2025 – Warner Bros. Discovery had its price target raised by analysts at Arete Research from $30.00 to $35.00. They now have a “buy” rating on the stock.
• 12/8/2025 – Warner Bros. Discovery had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 12/8/2025 – Warner Bros. Discovery had its “buy” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a $29.50 price target on the stock.
• 12/8/2025 – Warner Bros. Discovery was given a new $28.00 price target on by analysts at Argus.
• 12/8/2025 – Warner Bros. Discovery had its price target raised by analysts at Benchmark Co. from $25.00 to $30.00. They now have a “buy” rating on the stock.
• 12/5/2025 – Warner Bros. Discovery was downgraded by analysts at Barrington Research from an “outperform” rating to a “hold” rating.
• 12/1/2025 – Warner Bros. Discovery had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/25/2025 – Warner Bros. Discovery had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/19/2025 – Warner Bros. Discovery had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/14/2025 – Warner Bros. Discovery had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $25.00 price target on the stock.
• 11/13/2025 – Warner Bros. Discovery had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 11/13/2025 – Warner Bros. Discovery had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $23.00 to $26.00. They now have a “buy” rating on the stock.
• 11/7/2025 – Warner Bros. Discovery was downgraded by analysts at Weiss Ratings from a “hold (c-)” rating to a “sell (d+)” rating.
• 11/7/2025 – Warner Bros. Discovery had its price target raised by analysts at The Goldman Sachs Group, Inc. from $13.00 to $14.75. They now have a “buy” rating on the stock.
• 11/7/2025 – Warner Bros. Discovery had its price target raised by analysts at Guggenheim from $22.00 to $25.00. They now have a “buy” rating on the stock.
• 11/7/2025 – Warner Bros. Discovery had its price target raised by analysts at Sanford C. Bernstein from $16.00 to $23.50.
• 11/7/2025 – Warner Bros. Discovery had its price target raised by analysts at TD Cowen from $14.00 to $22.00.
• 11/7/2025 – Warner Bros. Discovery had its price target raised by analysts at Raymond James Financial, Inc. from $22.00 to $25.00. They now have an “outperform” rating on the stock.
• 11/7/2025 – Warner Bros. Discovery had its price target raised by analysts at Wells Fargo & Company from $21.00 to $25.00. They now have an “equal weight” rating on the stock.
• 11/7/2025 – Warner Bros. Discovery had its price target raised by analysts at Moffett Nathanson from $23.00 to $26.00. They now have a “buy” rating on the stock.
• 10/30/2025 – Warner Bros. Discovery was given a new $28.00 price target on by analysts at Redburn Partners.
• 10/30/2025 – Warner Bros. Discovery was upgraded by analysts at Rothschild Redb from a “hold” rating to a “strong-buy” rating.
• 10/30/2025 – Warner Bros. Discovery was upgraded by analysts at Rothschild & Co Redburn from a “neutral” rating to a “buy” rating. They now have a $28.00 price target on the stock.
• 10/28/2025 – Warner Bros. Discovery was given a new $27.00 price target on by analysts at Argus.
• 10/28/2025 – Warner Bros. Discovery was upgraded by analysts at Arete Research to a “strong-buy” rating.
• 10/28/2025 – Warner Bros. Discovery had its price target raised by analysts at Arete Research from $24.00 to $30.00. They now have a “buy” rating on the stock.
• 10/28/2025 – Warner Bros. Discovery had its price target raised by analysts at Barrington Research from $16.00 to $25.00. They now have an “outperform” rating on the stock.
• 10/28/2025 – Warner Bros. Discovery was upgraded by analysts at Argus from a “hold” rating to a “buy” rating. They now have a $27.00 price target on the stock.
• 10/22/2025 – Warner Bros. Discovery was upgraded by analysts at Singular Research to a “moderate buy” rating.
• 10/22/2025 – Warner Bros. Discovery had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $19.00 to $23.00. They now have a “buy” rating on the stock.
• 10/22/2025 – Warner Bros. Discovery had its price target raised by analysts at Benchmark Co. from $18.00 to $25.00. They now have a “buy” rating on the stock.

Insider Activity at Warner Bros. Discovery

In related news, CAO Lori C. Locke sold 4,122 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $28.92, for a total value of $119,208.24. Following the completion of the transaction, the chief accounting officer owned 100,962 shares of the company’s stock, valued at approximately $2,919,821.04. This represents a 3.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Gunnar Wiedenfels sold 242,994 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $29.50, for a total value of $7,168,323.00. Following the completion of the transaction, the chief financial officer owned 918,940 shares in the company, valued at $27,108,730. The trade was a 20.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 489,326 shares of company stock valued at $12,781,456 over the last 90 days. 1.90% of the stock is currently owned by company insiders.

Warner Bros. Discovery (NASDAQ: WBD) is a global media and entertainment company formed when WarnerMedia and Discovery, Inc combined their businesses in 2022. Headquartered in New York City, the company assembles a broad portfolio of film and television production, linear and cable networks, streaming services and consumer distribution operations. Its assets span well-known studio brands, premium scripted and unscripted programming, news and factual entertainment, and licensed franchise properties.

The company’s core activities include film and television production and distribution through units such as Warner Bros.