Warner Bros. Discovery, Inc. Stock Research

Market Summary

USD14.34+0.34

Market Closed

2.43%

WBD Stock Price

WBD RSI Chart

WBD Valuation

WBD Profitability

WBD Fundamentals

Price Action

52 Week Range

11.1116.34

(Low)(High)

Last 7 days

0.7%

Last 30 days

-7.8%

Last 90 days

35.6%

WBD Financial Health

WBD Investor Care

Risks for WBD

What is the probability of a big loss on WBD?

Probability that Warner Bros Discovery stock will be more than 20% underwater in next one year

Probability that Warner Bros Discovery stock will be more than 30% underwater in next one year.

Probability that Warner Bros Discovery stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WBD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Warner Bros Discovery was unfortunately bought at previous high price.

Drawdowns

Returns for WBD

Cumulative Returns on WBD

Which funds bought or sold WBD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-23	MetLife Investment Management, LLC	reduced	-1.84	-1,451,250	6,153,500	0.05%
2023-03-17	American Portfolios Advisors	reduced	-8.72	-138,831	498,686	0.02%
2023-03-15	B. Riley Wealth Advisors, Inc.	reduced	-5.66	-289,288	1,007,710	0.03%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	40.42	1,936,480	14,230,500	0.02%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-81.89	-11,702,000	2,053,000	0.01%
2023-03-06	NORTH STAR ASSET MANAGEMENT INC	reduced	-62.88	-664,115	292,885	0.02%
2023-03-03	TIAA, FSB	reduced	-30.72	-231,999	309,001	-%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	added	2.29	-1,369	7,631	-%
2023-03-01	BENNICAS & ASSOCIATES, INC.	sold off	-100	-168,000	-	-%
2023-03-01	Lakewood Asset Management LLC	new	-	1,070,000	1,070,000	0.86%

Latest Funds Activity

Are funds buying WBD calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own WBD

No. of Funds

Warner Bros Discovery News

Schedule 13G FIlings of Warner Bros Discovery

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	brahman capital corp.	0.39%	9,417,757	SC 13G/A
Feb 14, 2023	susquehanna securities, llc	0.7%	18,063,827	SC 13G/A
Feb 09, 2023	vanguard group inc	8.77%	213,074,622	SC 13G/A
Feb 01, 2023	blackrock inc.	6.8%	164,243,555	SC 13G

WBD Fair Value

Recent SEC filings of Warner Bros Discovery

View All Filings

Date Filed	Form Type	Document
Mar 23, 2023	8-K/A	Current Report
Mar 22, 2023	S-4	Mergers and Acquisition
Mar 17, 2023	4	Insider Trading
Mar 15, 2023	4/A	Insider Trading
Mar 10, 2023	8-K	Current Report
Mar 08, 2023	305B2	305B2
Mar 08, 2023	424B5	Prospectus Filed
Mar 06, 2023	8-K	Current Report
Mar 06, 2023	FWP	Prospectus Filed
Mar 06, 2023	FWP	Prospectus Filed

Latest Insider Trading transactions for WBD

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-17	Campbell Bruce	gifted	-	-	-209,700	chief rev & strategy officer
2023-03-17	Campbell Bruce	acquired	-	-	209,700	chief rev & strategy officer
2023-03-15	Campbell Bruce	sold	-	-	-209,700	chief rev & strategy officer
2023-03-15	Campbell Bruce	acquired	-	-	209,700	chief rev & strategy officer
2023-03-01	Locke Lori C.	acquired	-	-	28,811	chief accounting officer
2023-03-01	Sims Savalle	acquired	-	-	96,031	general counsel
2023-03-01	Campbell Bruce	acquired	-	-	136,044	chief rev & strategy officer
2023-03-01	Alpert-Romm Adria	acquired	-	-	320,103	chief people & culture officer
2023-03-01	Campbell Bruce	sold (taxes)	-396,738	15.02	-26,414	chief rev & strategy officer
2023-03-01	Wiedenfels Gunnar	sold (taxes)	-545,091	15.02	-36,291	chief financial officer

About Warner Bros Discovery

David M. Zaslav

corporate.discovery.com

11000

Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. It operates in two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Investigation Discovery, Travel Channel, Science, MotorTrend, Discovery en EspaÃƒÆ’Ã‚Â±ol, Discovery Familia, Eurosport, TVN, Discovery Kids, Discovery Family, American Heroes Channel, Destination America, Discovery Life, DIY Network, Cooking Channel, Great American Country, ID, the Oprah Winfrey Network, Eurosport, DMAX, and Discovery Home & Health brands, as well as other regional television networks. Its content spans genres, including survival, natural history, exploration, sports, general entertainment, home, food, travel, heroes, adventure, crime and investigation, health, and kids. The company also operates production studios that develop and produce content; and digital products and Websites. It provides content through various distribution platforms comprising pay-television, free-to-air and broadcast television, authenticated GO applications, digital distribution arrangements, content licensing agreements, and direct-to-consumer subscriptions, as well as various platforms that include brand-aligned Websites, online streaming, mobile devices, video on demand, and broadband channels. The company was founded in 1985 and is headquartered in New York, New York.

WBD Income Statement

2022-12-31

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues:
Revenues	$ 33,817	$ 12,191	$ 10,671
Costs and expenses:
Costs of revenues, excluding depreciation and amortization	20,442	4,620	3,860
Selling, general and administrative	9,678	4,016	2,722
Depreciation and amortization	7,193	1,582	1,359
Restructuring	3,757	32	91
Impairment and loss (gain) on disposition and disposal groups	117	(71)	124
Total costs and expenses	41,187	10,179	8,156
Operating (loss) income	(7,370)	2,012	2,515
Interest expense, net	(1,777)	(633)	(648)
Loss from equity investees, net	(160)	(18)	(105)
Other income (expense), net	347	72	(34)
(Loss) income before income taxes	(8,960)	1,433	1,728
Income tax benefit (expense)	1,663	(236)	(373)
Net (loss) income	(7,297)	1,197	1,355
Net income attributable to noncontrolling interests	(68)	(138)	(124)
Net income attributable to redeemable noncontrolling interests	(6)	(53)	(12)
Net (loss) income available to Warner Bros. Discovery, Inc.	$ (7,371)	$ 1,006	$ 1,219
Net (loss) income per share available to Warner Bros. Discovery, Inc. Series A common stockholders:
Basic (in dollars per share)	$ (3.82)	$ 1.55	$ 1.82
Diluted (in dollars per share)	$ (3.82)	$ 1.54	$ 1.81
Weighted average shares outstanding:
Basic (in shares)	1,940	588	599
Diluted (in shares)	1,940	664	672
Advertising
Revenues:
Revenues	$ 8,524	$ 6,194	$ 5,572
Distribution
Revenues:
Revenues	16,142	5,202	4,686
Content
Revenues:
Revenues	8,360	737	355
Other
Revenues:
Revenues	$ 791	$ 58	$ 58

WBD Balance Sheet