Weekly Research Analysts’ Ratings Updates for Warner Bros. Discovery (WBD)

Warner Bros. Discovery (NASDAQ: WBD) recently received a number of ratings updates from brokerages and research firms:

• 5/7/2026 – Warner Bros. Discovery was downgraded by Weiss Ratings from “hold (c-)” to “sell (d-)”.
• 5/7/2026 – Warner Bros. Discovery had its price target raised by UBS Group AG from $30.00 to $31.00. They now have a “neutral” rating on the stock.
• 5/7/2026 – Warner Bros. Discovery had its “neutral” rating reaffirmed by Guggenheim.
• 5/1/2026 – Warner Bros. Discovery was downgraded by Zacks Research from “hold” to “strong sell”.
• 4/24/2026 – Warner Bros. Discovery had its “overweight” rating reaffirmed by KeyCorp.
• 4/24/2026 – Warner Bros. Discovery had its “buy” rating reaffirmed by Guggenheim.

Insider Buying and Selling at Warner Bros. Discovery

In other Warner Bros. Discovery news, CFO Gunnar Wiedenfels sold 374,323 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $28.05, for a total transaction of $10,499,760.15. Following the sale, the chief financial officer directly owned 663,380 shares of the company’s stock, valued at $18,607,809. This represents a 36.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Fazal F. Merchant sold 35,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $27.48, for a total transaction of $961,800.00. Following the sale, the director directly owned 95,539 shares in the company, valued at approximately $2,625,411.72. This trade represents a 26.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 8,206,827 shares of company stock valued at $230,674,025. Insiders own 1.90% of the company’s stock.

Warner Bros. Discovery (NASDAQ: WBD) is a global media and entertainment company formed when WarnerMedia and Discovery, Inc combined their businesses in 2022. Headquartered in New York City, the company assembles a broad portfolio of film and television production, linear and cable networks, streaming services and consumer distribution operations. Its assets span well-known studio brands, premium scripted and unscripted programming, news and factual entertainment, and licensed franchise properties.

The company’s core activities include film and television production and distribution through units such as Warner Bros.