Warner Music Group (NASDAQ:WMG) Cut to Hold at Zacks Research

Posted by Brian Himes on Jun 24th, 2026

Warner Music Group (NASDAQ:WMG – Get Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Several other brokerages have also recently weighed in on WMG. Wall Street Zen cut Warner Music Group from a “buy” rating to a “hold” rating in a research note on Sunday. Guggenheim boosted their price objective on shares of Warner Music Group from $34.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, May 8th. UBS Group increased their target price on shares of Warner Music Group from $40.00 to $42.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Evercore restated an “outperform” rating and issued a $43.00 target price on shares of Warner Music Group in a report on Friday, May 8th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Warner Music Group in a research note on Friday, May 8th. Fourteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.38.

View Our Latest Research Report on WMG

Warner Music Group Price Performance

WMG stock opened at $27.54 on Monday. Warner Music Group has a 52 week low of $23.34 and a 52 week high of $35.42. The firm has a market capitalization of $14.37 billion, a P/E ratio of 32.40, a price-to-earnings-growth ratio of 0.40 and a beta of 1.27. The company has a fifty day simple moving average of $30.56 and a two-hundred day simple moving average of $29.18. The company has a quick ratio of 0.71, a current ratio of 0.73 and a debt-to-equity ratio of 5.62.

Warner Music Group (NASDAQ:WMG – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.14. Warner Music Group had a net margin of 6.34% and a return on equity of 62.01%. The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the previous year, the firm posted $0.07 EPS. The business’s quarterly revenue was up 16.7% on a year-over-year basis. Analysts anticipate that Warner Music Group will post 1.52 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Warner Music Group

Hedge funds have recently bought and sold shares of the business. Quarry LP purchased a new stake in Warner Music Group in the fourth quarter worth $40,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Warner Music Group by 774.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,207 shares of the company’s stock valued at $41,000 after purchasing an additional 1,069 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Warner Music Group by 480.9% during the second quarter. Osaic Holdings Inc. now owns 1,493 shares of the company’s stock valued at $41,000 after purchasing an additional 1,236 shares during the period. Parallel Advisors LLC grew its holdings in shares of Warner Music Group by 355.7% in the fourth quarter. Parallel Advisors LLC now owns 1,531 shares of the company’s stock worth $47,000 after purchasing an additional 1,195 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its holdings in shares of Warner Music Group by 740.0% in the fourth quarter. Quadrant Capital Group LLC now owns 1,890 shares of the company’s stock worth $58,000 after purchasing an additional 1,665 shares during the last quarter. Institutional investors own 96.88% of the company’s stock.

Warner Music Group Company Profile

(Get Free Report)

Warner Music Group is a major global music company that operates across recorded music and music publishing. Its recorded-music business comprises a portfolio of well-known labels—including Atlantic, Warner Records and Parlophone—as well as distribution and artist-services operations that support both established and emerging artists. The company’s publishing arm, Warner Chappell Music, manages songwriting catalogs and administers rights for compositions across multiple media, providing licensing for film, television, advertising and other commercial uses.

WMG’s activities span the full music value chain: signing and developing artists, producing and marketing recordings, distributing music through physical channels and streaming platforms, and monetizing rights through licensing, synchronization and neighboring-rights collection.