Warner Bros. Discovery, Inc. (NASDAQ:WBD) will release earnings for the fourth quarter before the opening bell on Thursday, Feb. 26.
Analysts expect the New York-based company to report quarterly earnings at 3 cents per share, versus a year-ago loss of 20 cents per share. The consensus estimate for WBD’s quarterly revenue is $9.38 billion (it reported $10.03 billion last year), according to Benzinga Pro.
The company has missed analyst revenue estimates for 15 straight quarters.
Shares of Warner Bros. Discovery fell 0.9% to close at $28.90 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- UBS analyst John Hodulik maintained a Neutral rating and raised the price target from $20 to $30 on Jan. 28, 2026. This analyst has an accuracy rate of 72%.
- Benchmark analyst Matthew Harrigan maintained a Buy rating and increased the price target from $30 to $32 on Jan. 15, 2026. This analyst has an accuracy rate of 59%.
- Guggenheim analyst Michael Morris maintained a Neutral rating and boosted the price target from $25 to $30 on Jan. 14, 2026. This analyst has an accuracy rate of 68%.
- Seaport Global analyst David Joyce downgraded the stock from Buy to Neutral on Dec. 9, 2025. This analyst has an accuracy rate of 67%.
- Barrington Research analyst Patrick Sholl maintained an Outperform rating with a price target of $25 on Nov. 14, 2025. This analyst has an accuracy rate of 55%
Considering buying WBD stock? Here’s what analysts think:
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