Warner Bros. Discovery (NASDAQ:WBD) Stock Keeps Sell Rating at Argus

Posted by Brenda Bartman on Sep 29th, 2026

Warner Bros. Discovery (NASDAQ:WBD – Get Free Report)‘s stock had its “sell” rating restated by equities research analysts at Argus in a note issued to investors on Tuesday, Benzinga reports.

Several other equities analysts have also commented on WBD. Weiss Ratings raised shares of Warner Bros. Discovery from a “sell (d-)” rating to a “sell (d+)” rating in a report on Tuesday, August 18th. Seaport Research Partners lowered shares of Warner Bros. Discovery from a “buy” rating to a “neutral” rating in a research report on Monday, July 27th. Freedom Capital raised shares of Warner Bros. Discovery from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Huber Research upgraded Warner Bros. Discovery from an “underweight” rating to an “overweight” rating in a research note on Monday, June 1st. Finally, Zacks Research raised Warner Bros. Discovery from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 25th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Warner Bros. Discovery presently has a consensus rating of “Hold” and an average price target of $28.34.

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Warner Bros. Discovery Stock Performance

NASDAQ:WBD opened at $30.90 on Tuesday. The stock has a fifty day moving average price of $27.87 and a 200-day moving average price of $27.33. The company has a market cap of $77.58 billion, a price-to-earnings ratio of -24.33 and a beta of 1.57. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.78 and a current ratio of 0.78. Warner Bros. Discovery has a fifty-two week low of $17.08 and a fifty-two week high of $30.92.

Warner Bros. Discovery (NASDAQ:WBD – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.20. Warner Bros. Discovery had a negative return on equity of 8.91% and a negative net margin of 8.77%.The company had revenue of $8.72 billion for the quarter, compared to analysts’ expectations of $9.25 billion. During the same quarter last year, the business earned $0.63 earnings per share. Warner Bros. Discovery’s revenue was down 11.2% on a year-over-year basis. As a group, equities analysts anticipate that Warner Bros. Discovery will post -1.08 EPS for the current fiscal year.

Insider Activity at Warner Bros. Discovery

In other Warner Bros. Discovery news, Director Kenneth W. Lowe sold 200,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $28.23, for a total value of $5,646,000.00. Following the sale, the director owned 590,108 shares in the company, valued at $16,658,748.84. This trade represents a 25.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Anton J. Levy sold 340,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $28.39, for a total transaction of $9,652,600.00. Following the completion of the sale, the director owned 618,067 shares in the company, valued at $17,546,922.13. This represents a 35.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,782,149 shares of company stock worth $77,455,972 in the last ninety days. Insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Harbor Investment Advisory LLC grew its holdings in shares of Warner Bros. Discovery by 111.2% during the second quarter. Harbor Investment Advisory LLC now owns 942 shares of the company’s stock valued at $25,000 after buying an additional 496 shares during the last quarter. Field & Main Bank acquired a new stake in shares of Warner Bros. Discovery in the 2nd quarter worth about $26,000. Fideuram Asset Management Ireland dac bought a new position in Warner Bros. Discovery in the 4th quarter valued at about $29,000. Elevation Wealth Partners LLC lifted its position in Warner Bros. Discovery by 64.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,009 shares of the company’s stock valued at $27,000 after acquiring an additional 395 shares in the last quarter. Finally, Archer Investment Corp acquired a new position in Warner Bros. Discovery during the 2nd quarter valued at about $27,000. Institutional investors and hedge funds own 59.95% of the company’s stock.

About Warner Bros. Discovery

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Warner Bros. Discovery, Inc is a global media and entertainment company that creates, distributes and licenses television, film and digital content. Its portfolio includes Warner Bros. film and television studios, HBO and Max, CNN, Discovery, HGTV, Food Network, TLC, TNT Sports and other well-known entertainment, news, lifestyle and sports brands.

The company serves audiences through streaming platforms, cable and broadcast networks, theatrical releases, consumer products and content licensing.