How to Buy Warner Bros Discovery Stock: Invest in WBD Shares Today (Mar 19, 2024) (2024)

Warner Bros Discovery Inc

Warner Bros. Discovery, Inc. , a media company, provides content across various distribution platforms in approximately 50 languages worldwide.

Warner Bros Discovery stock last closed at $8.54, up 0.12% from the previous day, and has decreased 37.07% in one year. It has underperformed other stocks in the Entertainment industry by 0.59 percentage points. Warner Bros Discovery stock is currently +6.48% from its 52-week low of $8.02, and -45.12% from its 52-week high of $15.56.

There are currently 2.44B WBD shares outstanding. The market cap of WBD is $20.83B. In the last 24 hours, 49.9M WBD shares were traded.

How to Buy Warner Bros Discovery Stock

Not sure how to invest in Warner Bros Discovery stock? Here's how.

Decide where to buy Warner Bros Discovery stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Warner Bros Discovery stock.
Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Put funds into your brokerage account: Pick your method of payment and add your information.
Analyze Warner Bros Discovery stock: The Warner Bros Discovery ticker symbol is WBD. Is Warner Bros Discovery stock a good investment? Should you buy shares of WBD? How do WBD's underlying business fundamentals look? Do top analysts think Warner Bros Discovery is a good buy? Why has WBD's stock price moved recently? (Hint: Our stock research website can help you figure out if WBD is a good stock to buy).
Make your WBD buy order: Decide if you will purchase WBD shares at the current market price or use a limit order to purchase WBD stock at a specific price.
Keep an eye on your investment in WBD: Create a watchlist to important notifications about your position in Warner Bros Discovery stock.

Step 1: Decide where to buy Warner Bros Discovery stock

You need an online brokerage account in order to access the NASDAQ market and buy WBD stock.

A brokerage account

enables

you to buy and sell a

number

financial instruments

such as

stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best brokerage. Here's why:

You can invest in stocks with zero commissions: Invest without paying trading commissions.
Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
Access to world markets: From Technology to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
Security: eToro is a regulated and licensed brokerage platform.
Buy other financial assets: Such as ETFs and cryptocurrencies.

Purchase WBD shares by opening an account with eToro now.

Buy WBD Stock

Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal info so you can buy WBD today.

How to Create a New Investment Account on eToro

Click here to get started.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Input your personal data to open your new trading account.

Submit your information by hitting the "Create Account" button.

Get started with eToro today

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you've opened your account on the best free stock trading app, you need to deposit funds:

Watch the tutorial below if you need help transferring money into your investment account.

Get started with eToro today

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Warner Bros Discovery stock

Once you have identified the best place to buy Warner Bros Discovery stock, it's very important to analyze their stock prior to buying, so you actually understand the risk as well as the opportunity.

Warner Bros Discovery shares data

WBD Price

$8.54

1w %

-2.18%

WBD Due Diligence Checks

WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.

Warner Bros Discovery is passing 5/33 of WallStreetZen's due diligence checks and has weak fundamentals. It has a total Zen Score of 16. Here's deep dive of the score:

Valuation: WBD's Valuation score is 14, which is above the Entertainment industry average. WBD is passing 1 out of 7 due diligence checks.
Financials: WBD's Financials score is 0, which is equal to the Entertainment industry mean. WBD is passing 0 out of 7 due diligence checks.
Forecast: WBD's Forecast score is 20, which is above the Entertainment industry mean. WBD is passing 2 out of 9 due diligence checks.
Performance: WBD's Performance score is 29, which is above the Entertainment industry average. WBD is passing 2 out of 10 due diligence checks.
Dividend: Since Warner Bros Discovery has no recent dividend history, we leave this dimension un-scored.

You can view all of the due diligence checks on WBD's stock page.

What is the fair value of WBD stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge WBD's fair value.

Using relative valuations metrics:

WBD may be undervalued based on its P/B ratio of 0.46x, relative to Entertainment industry P/B ratio of 2.74x

You can do more valuation analysis on WBD's stock here.

A look at WBD Cashflows and Balance Sheet

Pros:

WBD profit margin has gone up from -21.8% to -7.6% in the past year.
Total WBD debt is lower than 5 years ago, relative to shareholder equity.

Cons:

WBD has a relatively high debt to equity ratio of 1.69.
There are more short-term liabilities than short-term assets on the WBD balance sheet.
WBD's operating cash flow of $7.48B allows it to safely service it's debt of $43.67B.
There are more long-term liabilities than short-term assets on the WBD balance sheet.
WBD earnings of -$1.69B is not sufficient to cover its interest payments.

Is WBD stock a Buy, Hold, or Sell, according to analysts?

Out of 15 sell side analysts who monitor WBD, the consensus analyst rating on WBD is a Buy

It's important to note that analyst ratings are not recommendations, nor are they financial advice.

Most Recent WBD Analyst Forecasts

Benjamin Swinburne, a top 5% analyst from Morgan Stanley maintains WBD with a hold rating and lowers their WBD price target from $14.00 to $10.00, on Feb 26, 2024.

Philip Cusick, a bottom 13% analyst from JP Morgan maintains WBD with a hold rating and lowers their WBD price target from $13.00 to $10.00, on Feb 26, 2024.

JP Morgan's Philip Cusick lowered their price target on Warner Bros Discovery (NASDAQ: WBD) by 23.1% from $13 to $10 on 2024/02/26. The analyst maintained their Hold rating on the stock.

Cusick's price target hike was in response to Warner Bros Discovery's Q4 and FY 2023 earnings report released on 2024/02/23.

In spite of management's lack of specific FY 2024 EBITDA and free cash flow guidance during the call, commentators did note that they anticipate "2024 to be another strong free cash flow year with continued de-levering," the analyst told readers.

While JP Morgan remains "pleased" with the company's improving cost structure, it is keeping a cautious eye on Warner Bros Discovery "because of its leverage, delayed advertising recovery, greater direct-to-consumer costs in 2024, and difficult linear environment," Cusick said.

Earnings Report

Warner Bros. Discovery reported:

For Q4 2023:

Loss per share of $0.16, which missed the Zacks Consensus Estimate of $(0.11) but beat Q4 2022’s $(0.86) by 81.4%.
Revenue of $10.28B, which was in line with the Zacks Consensus Estimate but missed Q4 2022’s $11.01B by 6.6%.

For FY 2023:

Loss per share of $1.28, which beat FY 2022’s $(3.82) by 66.5%.
Revenue of $41.32B, which beat FY 2022’s $33.82B by 22.2%.

Management guided:

“We continue to be on track to achieve our guidance of $1B in EBITDA in 2025.”

President & CEO David Zaslav commented: “We are significantly closer to our longer-term leverage targets with more than $12B of debt paid down in less than two years.

“Certainly, having a more flexible financial profile doesn't insulate us, or anyone else for that matter, from having creative wins and losses, but it most certainly will help us take the necessary steps required to further achieve our growth objectives and to more intently focus on driving shareholder value.”

Steven Cahall, a top 13% analyst from Wells Fargo downgrades WBD to a hold rating and lowers their WBD price target from $16.00 to $12.00, on Jan 29, 2024.

Tim Nollen, a bottom 6% analyst from Macquarie maintains WBD with a buy rating and lowers their WBD price target from $16.00 to $14.00, on Jan 22, 2024.

Hamilton Faber, a top 30% analyst from Redburn Atlantic downgrades WBD to a hold rating and announces their WBD price target of $11.00, on Jan 11, 2024.

You can dig deeper into what analysts are projecting on the Warner Bros Discovery stock forecast page.

WBD Technical Indicators

SMA10

8.6

SMA20

8.84

SMA50

9.76

SMA100

10.33

SMA200

11.26

MACD

-0.33

MACD Signal

-0.39

MACD Histogram

0.06

RSI

39.47

Stochastic %K

49.4

Stochastic %D

53.04

StochRSI %K

68.06

StochRSI %D

77.64

WBD Growth Numbers

Last year, WBD revenue was $41.32B. In the last 5 year, WBD's revenue has increased by 31.39% per year. This was faster than the Entertainment industry average of 14.77%.

Learn more about WBD's earnings and revenue performance here.

Who is buying/selling WBD?

In the last 12 months, executives and large shareholders at WBD have sold more shares than they have bought.

Adria Alpertromm, Chief People Culture Officer of WBD, was the latest WBD insider to sell. They sold $180,613.16 worth of WBD stock on Mar 6, 2024.

Dig into more about who owns WBD shares here.

Does WBD stock generate passive income?

No, Warner Bros Discovery doesn't provide an income stream by paying out dividends.

Get opinions from other investors

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your WBD buy order

You have two main types of orders:

Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors.
Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.

Press the Open button and eToro will execute your order.

If you require additional help investing in stocks on eToro, click the helpful video below:

Buy WBD Stock

Step 6: Keep an eye on your investment in WBD

Now that you own some WBD shares, you'll want to keep up with your new stock purchase.

Add WBD to a watchlist to see the latest developments about your WBD stock.

WBD Feed

How to Buy Stock in Warner Bros Discovery

To reiterate, here are the 6 steps to buy Warner Bros Discovery stock:

Decide where to buy Warner Bros Discovery stock
Sign up for your brokerage account
Put funds into your brokerage account
Analyze Warner Bros Discovery stock
Make your WBD buy order
Keep an eye on your investment in WBD

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your investment in Warner Bros Discovery, get started below.

Related "How To" Guides

How to buy TSLA stock online
How to purchase AAPL stock online
How to buy Netflix stock
How to buy Berkshire Hathaway shares
How to invest in Amazon stock
How do I invest in stocks
How to buy a Google stock
How to purchase Pfizer shares
How to buy a Walmart stock
How to buy stock in Disney

NASDAQ

WBD

$8.54+0.01 (+0.12%)

Updated Mar 15, 2024

Buy WBD Stock