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Upturn AI Summary - About
Warner Bros Discovery Inc(WBD)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for WBD
10/05/2026: WBD (3-star) is a STRONG-BUY. BUY for 36 days. Simulated Profits (10.58%). Updated daily EoD!
Warner Bros. Discovery is a global media company operating in the competitive landscapes of film, television, and streaming. Its primary business strengths include a deep library of popular intellectual property and a diverse mix of scripted and unscripted content. The company's investment story centers on its pivot toward streaming profitability through the Max platform and a strategic focus on debt reduction. However, it faces significant risks from secular declines in linear cable television and intense streaming competition. The stock may suit value-oriented investors willing to accept volatility, provided they monitor the company's progress in managing its high debt levels and executing on its digital growth strategy.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company's growth is heavily tied to the transition to streaming, which faces stiff competitive headwinds. |
| Momentum investor | Weak fit | The stock has historically experienced significant volatility and is not currently trending with consistent upward momentum. |
| Value investor | Strong fit while signal remains positive | The stock is often traded at low valuation multiples, potentially appealing to investors looking for deep value turnarounds. |
| Dividend investor | Weak fit | The company does not pay a dividend, focusing its cash flow on debt reduction. |
| Low-risk investor | Weak fit | High debt levels and industry disruption create a risk profile that is generally not suitable for conservative portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The media sector's shift creates rapid changes in market perception and valuation. |
| Valuation risk | Medium | The stock's valuation is sensitive to debt-reduction progress and streaming profitability targets. |
| Competition risk (streaming saturation) | High | Intense competition for subscribers forces high content spend, compressing margins. |
| Business quality | Medium | The company owns tier-one intellectual property but struggles with legacy network decline. |
| Dividend income | Low / none | No current dividend payout means investors rely solely on capital appreciation. |
| Execution risk | High | Integrating complex businesses and managing large debt requires precise management execution. |
Price Behavior
Flat / Range-Bound
The stock price has been trading within a narrow range with minimal directional movement.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 13.64% | Avg. Invested days 36 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/05/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 77.60B USD | Price to earnings Ratio - | 1Y Target Price 30.17 |
Price to earnings Ratio - | 1Y Target Price 30.17 | ||
Volume (30-day avg) 39.1M shares | Beta 1.54 | 52 Weeks Range 17.07 - 30.99 | Updated Date 10/07/2026 |
52 Weeks Range 17.07 - 30.99 | Updated Date 10/07/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.28 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Studios | Film and TV production, licensing, and theatrical distribution. | Revenue from movies and TV shows sold to theaters and other networks. |
| Networks | Cable and broadcast advertising and affiliate fees. | Steady but declining revenue from traditional TV subscriptions and ads. |
| DTC Streaming | Max and discovery+ subscription fees. | Growing digital revenue that is the company's primary long-term focus. |
| Geography | Global operations with significant exposure to North America and Europe. | Most revenue originates from the US, but international expansion is key for growth. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 434.78 | Enterprise Value 105.77B | Price to Sales(TTM) 2.15 |
Enterprise Value 105.77B | Price to Sales(TTM) 2.15 | ||
Enterprise Value to Revenue 2.75 | Enterprise Value to EBITDA 7.32 | Shares Outstanding 2.51B | Shares Floating 2.39B |
Shares Outstanding 2.51B | Shares Floating 2.39B | ||
Percent Insiders 4.14 | Percent Institutions 79.24 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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