Warner Bros. Discovery, Inc. (NASDAQ:WBD) has witnessed varied sentiments from market analysts recently. The company has recorded a consensus target price of $11.76. It experienced a significant fall in short interest both in December and January but also outpaced stock market gains. Major institutional investors such as Ninety One UK Ltd, OLD National Bancorp, and Greenleaf Trust have significant holdings, though some firms including Swedbank AB and Janney Montgomery Scott LLC reduced their shares. On the brighter side, companies like Brighton Jones LLC, Spire Wealth Management, and Pacer Advisors grew their WBD positions. WBD's stock also saw a surge due to restructuring plans, strong Q3 subscriber growth, a renewed distribution deal with Charter, and the addition of industry veterans to the board. Despite a negative outlook for FY2024 earnings by Seaport Res Ptn, Warner Bros. Discovery is considered by some to be an undervalued and a promising media stock to consider for future investment.
Warner Bros Stocks WBD News Analytics from Thu, 12 Sep 2024 07:00:00 GMT to Sat, 08 Feb 2025 09:58:42 GMT -
Rating 7
- Innovation 4
- Information 5
- Rumor 2
