Professional
Added to YB: 2024-09-20
Pitch date: 2024-09-12
WBD [bullish]
Warner Bros. Discovery, Inc.
+249.36%
current return
Author Info
No bio for this author
Company Info
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks.
Market Cap
$68.3B
Pitch Price
$7.76
Price Target
17.00 (-37%)
Dividend
N/A
EV/EBITDA
12.37
P/E
-38.91
EV/Sales
2.65
Sector
Entertainment
Category
turnaround
Warner Bros. Discovery, Inc.: Carriage Deal With Charter Is Promising and Should Be an Industry Blueprint
WBD: Early Charter deal renewal includes ad-supported Max in standard TV packages. Streaming-linear convergence supports traditional media value. $17 FV maintained. No-moat due to streaming uncertainty. 1% rev growth 2025-28. NBA rights loss assumed. $5B annual FCF projected. Very High uncertainty rating. Debt reduction prioritized.
Read full article (10 min)