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WBD

Warner Bros. Discovery, Inc.
$26.48 -0.33 (-1.23%) At close · Jul 2
Market Cap
$66.39B
Shares
2,507,136,702

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$26.48 Open$26.80 Day$26.24–26.82 52W$10.76–30.00 Avg vol 30d21.7M Short int65.8M · 2.6% float · 2.8d Short vol41% Last earningsMay 6, 2026 DataJan 2020–Jul 2026 Filing10-Q · May 6
Equibles Rating blended score · not investment advice
Overall
Buy
Technical · trend & momentum Buy
50 / 200-day cross no cross
+ Price vs 200-day avg +3% above
Price vs 50-day avg −2% below
RSI (14) 45 · neutral
+ MACD trend positive
52-week position 82% · mid-range
Sentiment · smart money Bullish
Trend (MA cross) 50d $27 › 200d $26 — 50d above 200d
+ Institutional flow 11 of 1,308 funds reported for Jun 30 · net +106.4K sh shares
Insider flow No net insider activity over 90 days
Short interest 2.63% of float · ▲ +8.0% MoM · 2.8 days cover
Volume signal Volume near normal
+ Institution breadth 1,308 holders — near 3-yr high, broad support
Fundamentals Excellent
+ Revenue growth +54% Y/Y
+ EPS growth +106% Y/Y
+ Free cash flow $3.1B
+ Buyback $3.0B authorized
Balance sheet net debt $28.0B

Blended from price, positioning & fundamentals · daily-close · not investment advice.

Up next
Next earnings call
Aug 5, 2026 Est · unconfirmed · in 4 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

      Technicals

      trend & momentum for long-term holders Buy
      0 · 4 · 2
      50 / 200-day cross
      no cross Neutral
      Price vs 200-day avg
      +3% above Bullish
      Price vs 50-day avg
      −2% below Neutral
      RSI (14)
      45 · neutral Neutral
      MACD trend
      positive Bullish
      52-week position
      82% · mid-range 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
      11 of 1,308 funds reported for Jun 30 · net +106.4K sh shares
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      2.63% of float · ▲ +8.0% MoM · 2.8 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,308 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      52-wk low $11 Now $26 · 82% 52-wk high $30
      vs 200-day avg +3% vs 50-day avg -2%

      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
      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
      $66.39B -8.1% +53.5% 2.6%
      NFLX
      Netflix Inc
      $327.12B -17.2% +15.9% 25.1 2.4%
      FWONA
      Liberty Media Corp
      $237.93B +1.7% +5.9% 0.6%
      DIS
      Walt Disney Co
      $172.78B -12.5% +3.4% 1.4%
      TKO
      TKO Group Holdings, Inc.
      $94.73B -6.6% -3.1% 185.0 5.4%

      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
      1,308
      % held
      71.0%
      Reported
      11 of 1,308
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      681
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      65.8M
      Days to cover
      2.8d
      Change
      +4.9M sh
      View
      Short Volume
      Short vol %
      41%
      As of
      Jul 2, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      153.8K
      Value
      $4.1M
      As of
      Jun 12, 2026
      View
      Off-Exchange
      Off-exchange %
      38.8%
      Week of
      Jun 8, 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 -1.9% -1.9% -6.5% -0.7% -8.1%
      SPY +1.4% -1.3% +8.0% -0.3% +9.2%
      vs SPY -3.3% -0.7% -14.5% -0.4% -17.3%

      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) 43 filings 19 filers Visit website Investor relations