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WBD

Warner Bros. Discovery, Inc.
$26.59 -0.04 (-0.15%) At close · Jul 10
Market Cap
$66.66B
Shares
2,507,136,702

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$26.59 Open$26.50 Day$26.49–26.87 52W$10.76–30.00 Avg vol 30d21.1M Short int74.4M · 3.0% float · 3.0d Short vol16% Last earningsMay 6, 2026 DataJan 2020–Jul 2026 Filing10-Q · May 6
Up next
Next earnings call
Aug 5, 2026 Est · unconfirmed · in 3 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed May 6, 2026
AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Equibles Rating blended score · not investment advice
      Overall
      Neutral
      SellHoldBuy
      Technical Neutral Momentum Very Weak Sentiment Neutral Fundamentals Excellent Quant / Vol Moderate
      Market backdrop VIX 15 · calm Equity put/call 0.55
      Technical
      price trend
      Neutral
      50 / 200-day cross No cross
      Price vs 200-day avg +3%
      above
      Price vs 50-day avg −1%
      below
      RSI (14) 49
      neutral
      MACD trend Negative
      52-week position 82%
      mid-range
      Momentum
      relative strength
      Very Weak
      1-month return +1%
      trailing
      6-month return −7%
      trailing
      YTD return −8%
      this year
      Relative strength −16%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $27 › 200d $26 — 50d above 200d
      Institutional flow Accumulating
      63 of 1,309 funds reported for Jun 30 · net +95.1K sh shares · +1 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      2.97% of float · ▲ +13.0% MoM · 3.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,309 holders — near 3-yr high, broad support
      Squeeze score 60
      elevated · 0–100
      Fundamentals
      Excellent
      Revenue growth +54%
      Y/Y
      EPS growth +106%
      Y/Y
      Free cash flow $3.1B
      Buyback $3.0B
      authorized
      Balance sheet $28.0B
      net debt
      Quant / Vol
      risk profile
      Moderate
      Volatility 46%
      annualized · 1-yr
      Max drawdown −21%
      past year
      ATR 1.6%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record
      Latest guidance · from the Earnings Call filed Mar 31, 2026
      WB Studios adjusted EBITDA · annual $3B

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Neutral
      1 · 4 · 1
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +3% Bullish
      Price vs 50-day avg
      −1% Neutral
      RSI (14)
      49 Neutral
      MACD trend
      Negative Bearish
      52-week position
      82% Neutral
      Market signals — smart money & positioning
      Bullish · 2 of 6
      Trend (MA cross) No cross
      50d $27 › 200d $26 — 50d above 200d
      Institutional flow Accumulating
      63 of 1,309 funds reported for Jun 30 · net +95.1K sh shares · +1 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      2.97% of float · ▲ +13.0% MoM · 3.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,309 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      52-wk low $11 Now $27 · 82% 52-wk high $30
      vs 200-day avg +3% vs 50-day avg -1%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      A Knight of the Seven Kingdoms viewers per episode 36M Q1 call
      CNN total minutes spent year-over-year growth 30% Q1 call
      linear viewership of the Milano Cortina Winter Olympics 50% Q1 call
      sequential improvement in year-over-year general entertainment delivery trends 16% Q1 call
      The Pitt average viewers per episode 20M Q1 call
      Adjusted EBITDA non-GAAP $2,216M Q4 2025

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      Entertainment — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      WBD
      Warner Bros. Discovery, Inc.
      this stock
      $66.66B -7.7% +53.5% 3.0%
      NFLX
      Netflix Inc
      $309.09B -21.7% +15.9% 24.4 2.5%
      DIS
      Walt Disney Co
      $166.05B -16.0% +3.4% 15.3 1.4%
      LYV
      Live Nation Entertainment, Inc.
      $42.35B +26.2% +36.2% 10.2%
      UNVGY
      Universal Music Group N.V./ADR
      $39.47B -16.4% 0.0%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      1,303
      % held
      71.0%
      Reported
      63 of 1,309
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      681
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      74.4M
      Days to cover
      3.0d
      Change
      +8.6M sh
      View
      Short Volume
      Short vol %
      16%
      As of
      Jul 10, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      153.8K
      Value
      $4.1M
      As of
      Jun 12, 2026
      View
      Off-Exchange
      Off-exchange %
      45.9%
      Week of
      Jun 15, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Sell
      Member
      August Lee Pfluger
      Amount
      $1.0K–$15.0K
      Traded
      Feb 10, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $37.3B
      Net income (FY)
      $727.0M
      EPS diluted
      $0.29
      View
      Buybacks
      Authorized · 2 programs
      $3.0B
      View
      Filings
      SEC Filings
      Latest
      Investor Event Transcript
      Filed
      Jun 30, 2026
      This year
      17
      View
      Proposed Sales
      Value
      $17.9M
      Shares
      659.1K
      Filed
      Mar 16, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Jun 9, 2026
      View
      Investor Relations
      Latest news
      Warner Bros. Discovery Announces…
      Published
      May 27, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      WBD +0.4% +1.4% -6.7% -0.3% -7.7%
      SPY +1.4% +4.1% +9.1% +1.1% +10.7%
      vs SPY -1.0% -2.7% -15.7% -1.4% -18.5%

      Capital returns

      Buyback programs · 2 active · as of Feb 29, 2020
      Authorized (total)
      $3.00B
      Spent (derived)
      Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1437107 CUSIP 934423104 13F (30d) 87 filings 62 filers Visit website Investor relations