WBD Stock Summary and Trading Ideas (Warner Bros. Discovery - Series A | NASDAQ:WBD)

Warner Bros. Discovery operates in three segments: streaming, studios, and linear networks. In 2026, it intends to split its networks from streaming and studios to form two separate companies. The streaming business includes HBO Max, which is rapidly increasing its international footprint in addition to its major presence in the US. Studios include industry leaders in both film and television, which produce movies and television series that are monetized in multiple ways, including theatrical release, sales to third parties, and feeding into Warner's own platforms. Global networks consist of basic cable networks like CNN, TNT, TBS, Discovery, HGTV, and The Food Network. The Discovery+ streaming service will remain part of global networks.

Warner Bros. Discovery - Series A trades on the NASDAQ stock market under the symbol WBD.

As of December 23, 2025, WBD stock price climbed to $29.15 with 42,066,275 million shares trading.

WBD has a beta of 1.64, meaning it tends to be more sensitive to market movements. WBD has a correlation of 0.18 to the broad based SPY ETF.

WBD has a market cap of $72.25 billion. This is considered a Large Cap stock.

Last quarter Warner Bros. Discovery - Series A reported $9 billion in Revenue and -$.06 earnings per share. This fell short of revenue expectation by $-137 million and missed earnings estimates by -$.02.

In the last 3 years, WBD traded as high as $30.00 and as low as $6.64.

The top ETF exchange traded funds that WBD belongs to (by Net Assets): VTI, QQQ, VOO, VO, XLC.

WBD has outperformed the market in the last year with a price return of +172.7% while the SPY ETF gained +17.6%. WBD has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +48.6% and +7.1%, respectively, while the SPY returned +3.5% and +0.9%, respectively.

WBD support price is $28.01 and resistance is $29.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WBD shares will trade within this expected range on the day.