Added to YB: 2024-03-05
Pitch date: 2024-03-03
WBD [bullish]
Warner Bros. Discovery, Inc.
+248.6%
current return
Author Info
Company Info
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC.
Market Cap
$73.2B
Pitch Price
$8.60
Price Target
16.22 (-46%)
Dividend
N/A
EV/EBITDA
12.67
P/E
152.12
EV/Sales
2.74
Sector
Entertainment
Category
turnaround
Warner Bros. Discovery Stock - Catching a Falling Knife
WBD hit new lows on Q4 results: $400M net loss, 7% rev drop, $1.7B writedown. But strong $6.2B '23 FCF cut debt to $44.2B (3.9x EBITDA). Met '23 goals; no '24 FCF guide. DTC EBITDA >$1B by '25 target. Undervalued: 0.5x book, 10x FCF, 1.5x sales. $21B mkt cap, $65B EV too low for top media co. Financially strong for debt paydown & growth investing.
Read full article (4 min)