Insider buying last 90 days
No open-market insider purchases were filed for WBD in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every WBD insider filing, plotted on the chart in Gekko.Open WBD in Gekko
No recent trading data for WBD. The last close Gekko holds is Oct 5, 2026, so the figures on this page may be out of date.
NASDAQ: WBD
Warner Bros. Discovery (WBD) Stock Analysis & Forecast
Oct 5 close
$30.95+0.01 (0.0%)
Gekko Brief
Oct 5 closeWarner Bros. Discovery closed at $30.95 on 5 October 2026, 0% on the day. The price sits above both the 50-day ($28.33) and 200-day ($27.69) moving averages, inside a 52-week range of $17.08 to $30.99. The GekkoIndex reads 41.3, in the Distribution zone, up 1 points over five sessions. Gekko Fair Value is $30.62, so the price is 1.1% above it.
The next earnings report is due on 5 November 2026, today. Over the last 8 reports the company beat the earnings estimate 4 times, with an average move of 5.7% across the report. Smart-money activity over the last 90 days includes 1 Congress purchase and 0 sales. Seasonally, the next 20 trading days from this point averaged +7.2% over the last 5 years, rising in 3 of them.
9 firms rate the stock: 0 buy, 9 hold and 0 sell, with a consensus target of $30.62. A typical daily move is about 1.2%, and a typical 20-day move about 8.1%. On the swing-trade checklist, 3 items read supportive and 2 read as a headwind (gekkoindex, earnings risk).
A plain summary of the figures as of the Oct 5, 2026 close.
Warner Bros. Discovery price vs fair value
Close $30.95200-day averageGekko Fair Value $30.62
Warner Bros. Discovery quick facts
- Market cap
- $77.60B
- P/E ratio
- —
- Forward P/E
- 434.8
- EPS, TTM
- −$1.28
- Revenue, TTM
- $36.12B
- Profit margin
- -8.8%
- Dividend yield
- —
- Beta
- 1.54
- Volume
- 435.6M avg 71.35M
- 1-year return
- +60.9%
- Typical daily move
- ±1.2%
- Typical 20-day move
- ±8.1%
- 50-day average
- $28.33
- 200-day average
- $27.69
- Next earnings
- Nov 5
- Shares outstanding
- 2.51B
Warner Bros. Discovery swing-trade checklist
Warner Bros. Discovery scores 3 supportive, 1 mixed and 2 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed2 headwinds
- Trendsupportive
Above 50 and 200-day
Close $30.95 is above the 50-day ($28.33) and 200-day ($27.69) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexheadwind
41.3, Distribution
Reading 41.3 is in the Distribution zone.
See the GekkoIndex - Fair valuemixed
1.1% above
Price is within 5% of Gekko Fair Value (1.1% above).
See fair value - Smart moneysupportive
Leans bullish
Last 90 days: Congress 1 buy / 0 sales.
See smart money - Earnings riskheadwind
Reports today
Reports on Nov 5, 2026, today — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+7.2% on average
From this point in the calendar, the next 20 trading days averaged +7.2% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Warner Bros. Discovery stock chart and price history
Warner Bros. Discovery closed at $30.95 on Oct 5, 2026, +60.9% over the past year, inside a 52-week range of $17.08 to $30.99.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +9.1%
- 3 months
- +18.5%
- 6 months
- +12.9%
- 1 year
- +60.9%
The full WBD chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open WBD in Gekko
Follow Warner Bros. Discovery through every session
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About Warner Bros. Discovery
Warner Bros. Discovery makes and distributes films, television programming, and streaming content for audiences worldwide. It produces theatrical releases, licenses shows to networks and outside partners, and runs subscription streaming services alongside home entertainment, themed attraction licensing, and game development. The company holds rights to a wide range of well-known franchises and brands, including Batman, Superman, Wonder Woman, Harry Potter, Game of Thrones, and The Lord of the Rings, along with networks such as HBO, CNN, Discovery Channel, HGTV, and TNT Sports.
The business is organized into three areas: a studio arm that creates and licenses film and television content, a network arm that runs a group of domestic and international television channels, and a direct-to-consumer arm that offers subscription streaming and premium television service. Content reaches viewers through traditional broadcast and free-to-air television, digital apps, distribution partnerships, licensing deals, and its own streaming platforms.
Warner Bros. Discovery was founded in 2008 and is headquartered in New York City. Its shares are listed on the NASDAQ under the ticker WBD.
- Listed
- NASDAQ
- Sector
- Consumer services
- Industry
- Cable/Satellite TV
- Website
- wbd.com
Warner Bros. Discovery GekkoIndex: the smart money zone
Warner Bros. Discovery’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 41.3, in the Distribution zone, up 1 point over five sessions.
41.3Distribution
Up 1 point over five sessions.
Reading for Oct 5, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 17 | +2.9% | +6.9% | ||
| Accumulation | 221 | +1.6% | +4.1% | ||
| Neutral | 378 | +0.6% | +4.8% | ||
| Distribution (current zone) | 58 | +1.1% | +1.0% | ||
| Selling | 4 | Too few readings yet | |||
Average WBD share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Distribution readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Distribution zone: Institutions potentially offloading. About the five zones →
See every daily GekkoIndex reading plotted over the WBD price, zone by zone.Track WBD in Gekko
Is Warner Bros. Discovery stock overvalued? Gekko Fair Value
Warner Bros. Discovery trades 1.1% above Gekko Fair Value of $30.62, so the shares are about fair value on Gekko’s estimate.
Gekko’s own estimate of what Warner Bros. Discovery shares are worth, recalculated every trading day.
$30.62
Gekko Fair Value, Oct 17, 2026
1.1% above fair value · About fair value
At the end of Aug 2026 the price was 1.0% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open WBD in Gekko
Warner Bros. Discovery insider and Congress trading
No open-market insider purchases were filed for Warner Bros. Discovery, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
1trade disclosed: 1 purchase and 0 sales.
| Member | Amount | Disclosed |
|---|---|---|
| Ro Khanna House, CA, purchase | $1,001 - $15,000 | Oct 9 traded Sep 25 |
From congressional disclosures, which report amounts as ranges.
Buybacks
Warner Bros. Discovery has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $422.0M
- As a share of market cap
- 0.54%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
5of the funds Gekko tracks hold WBD.
2added2opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Warner Bros. Discovery earnings: next date and track record
Warner Bros. Discovery reports on Nov 5, 2026 (today), and beat the EPS estimate in 4 of its last 8 reports.
Next earnings report
Nov 5, 2026
Today
- EPS estimate
- −$0.04
- Revenue estimate
- $8.74B
4 of 8reports beat the EPS estimate
±5.7%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 6, 2026 AI summary
- What they said
- WBD's Q2 2026 Streaming segment surpassed $3 billion in revenue for the first time, with subscriber-related revenue growth accelerating to 10% ex-FX. Streaming EBITDA reached $512 million, a 60%+ improvement year-over-year, achieving a ~17% EBITDA margin. HBO programming averaged 25+ million global viewers per episode across key titles. Linear networks showed resilience with CNN viewership up 24% and strong sports ratings. WBD led Emmy nominations with 150 total.
- Guidance
- Management expects streaming momentum to continue driven by upcoming content including Gilded Age, Lanterns, and Harry Potter debuts, plus a strong 2027 content pipeline. No specific financial targets were provided in this excerpt.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 6, 2026 | $0.06 est −$0.14 | $8.72B est $9.25B | +3.1% |
| May 6, 2026 | −$1.17 est −$0.07 | $8.89B est $8.89B | −0.4% |
| Feb 26, 2026 | −$0.10 est −$0.03 | $9.46B est $9.35B | −2.5% |
| Nov 6, 2025 | −$0.06 est −$0.07 | $9.05B est $9.18B | −0.4% |
| Aug 7, 2025 | $0.63 est −$0.24 | $9.81B est $9.77B | −14.7% |
| May 8, 2025 | −$0.18 est −$0.13 | $8.98B est $9.59B | +6.0% |
| Feb 27, 2025 | −$0.20 est $0.03 | $10.03B est $10.18B | +9.1% |
| Nov 7, 2024 | $0.05 est −$0.08 | $9.62B est $9.79B | +9.5% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Warner Bros. Discovery stock forecast and analyst price targets
Analysts’ average 12-month price target for Warner Bros. Discovery is $30.62, −1.1% from the last close, from 9 firms rating the stock in the last 90 days.
$30.62consensus 12-month target, −1.1% from the last close
Now $30.95Avg $30.62
Low $26High $31
Each firm’s latest rating in the last 90 days: 9 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 22 | Morgan Stanley | $31 | +0.2% |
| Sep 17 | Barclays | $29 | −6.3% |
| Sep 15 | Bernstein | $27.75 | −10.3% |
| Aug 14 | Bernstein | $27.75 | −10.3% |
| Aug 10 | Barrington | — | — |
+1.0%average 20-day move after past Distribution readings
+7.2%average move over the next 20 trading days in the last 5 years
±1.2%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Warner Bros. Discovery seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, Warner Bros. Discovery averaged +7.2% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +5.3% | 4 of 5 |
| Next 10 trading days | +4.1% | 4 of 5 |
| Next 15 trading days | +4.5% | 3 of 5 |
| Next 20 trading days | +7.2% | 3 of 5 |
| Next 30 trading days | +9.1% | 3 of 5 |
For scale, WBD’s typical 20-trading-day move in either direction is about 8.1%.
Warner Bros. Discovery market cap and key statistics
Warner Bros. Discovery’s market cap is $77.60B and revenue of $36.12B over the last twelve months.
Valuation
- Market cap
- $77.60B
- Forward P/E
- 434.8
- EPS, TTM
- −$1.28
- Gekko Fair Value
- $30.62
Trading
- Volume
- 435.6M
- Avg volume, 20 days
- 71.35M
- 52-week high
- $30.99
- 52-week low
- $17.08
- Shares outstanding
- 2.51B
Financials
- Revenue, TTM
- $36.12B
- Profit margin
- -8.8%
- Return on equity
- -8.8%
- Quarterly earnings growth, YoY
- −90.6%
Risk and income
- Beta
- 1.54
- Typical daily move
- ±1.2%
- Typical 20-day move
- ±8.1%
Warner Bros. Discovery stock news this week
Coverage of Warner Bros. Discovery this week reads neutral: 0 positive, 5 neutral and 1 negative headlines.
- Warner Music $1.25 million data breach settlement: Who can claim and how to fileClaim Depot, Oct 27
- SKYD Stock Slides As Warner Bros. Deal And CNN Court Fight Rattle TradersStocksToTrade, Oct 26
- Warner Bros. Pictures Animation and Amazon Ads Invite Audiences to Play Inside the World of The Cat in the Hat Ahead of Film's PremiereBusiness Wire, Oct 26
- Netflix Stock Is Down 41% in a Year. How Much Did Warner Bros. Cost It?TIKR.com, Oct 26
- John Malone: Trump Officials Told Netflix "No Chance" Of WBD MergerDeadline, Oct 21
- American billionaire Larry Ellison pledges Tesla, SpaceX stock for son's $110bn Warner dealBillionaires.Africa, Oct 21
Warner Bros. Discovery peers
Warner Bros. Discovery’s 5 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| CMCSAComcast | Neutral | 32.9% below |
| CHTRCharter Communications | Neutral | 40.0% below |
| PSKYParamount Skydance | Accumulation | 1.6% below |
| VSNTVersant Media | Neutral | 37.3% below |
| CABOCable One | Accumulation | 69.9% below |
A peer links to its own page where one exists.
Warner Bros. Discovery stock FAQ
What is Warner Bros. Discovery’s market cap?
Warner Bros. Discovery’s market cap is $77.60B at the Oct 5, 2026 close of $30.95, with 2.51B shares outstanding.
What is the Warner Bros. Discovery stock forecast?
The consensus analyst 12-month price target for Warner Bros. Discovery is $30.62, −1.1% from the last close. Of the 9 firms that rated the stock in the last 90 days, 0 rate it a buy, 9 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Warner Bros. Discovery stock overvalued or undervalued?
On Gekko’s estimate Warner Bros. Discovery is about fair value: the Oct 5, 2026 close of $30.95 is 1.1% above Gekko Fair Value of $30.62. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Warner Bros. Discovery report earnings next?
Warner Bros. Discovery is expected to report on Nov 5, 2026 (today). Analysts expect earnings of −$0.04 per share on revenue of $8.74B. Warner Bros. Discovery beat the earnings estimate in 4 of its last 8 reports, moving 5.7% on average across the report.
What is Warner Bros. Discovery’s 52-week high and low?
Warner Bros. Discovery’s 52-week high is $30.99 and its 52-week low is $17.08; it closed at $30.95 on Oct 5, 2026, +60.9% over the past year. Over the last five years the shares peaked at $31.55 on Jan 18, 2022.
Is Warner Bros. Discovery stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (trend, smart money and seasonality), 1 as mixed (fair value) and 2 as headwinds (gekkoindex and earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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