Warner Music Group (WMG) Stock Forecast & Price Target
Warner Music Group · NASDAQ
$28.75+1.14 (+4.13%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 13 firms covering Warner Music Group, 11 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $31.00 to $45.00, a moderate spread. The average target of $38.58 sits 34% above the current $28.75. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 10 to 11 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.42 next quarter toward $1.96 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS13 ratings
Moderate Buy
Strong Buy00%
Buy1185%
Hold215%
Sell00%
Strong Sell00%
Based on 13 analysts giving stock ratings to Warner Music Group.
As of Jul, 11 of 13 firms rate WMG a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
WMG EPS & revenue forecast
EPS · NEXT QUARTER
$0.42
Range $0.36 – $0.50 · 4 analysts · -18% YoY
Next period, 4 analysts expect Warner Music Group to earn $0.42 a share (range $0.36 – $0.50), versus $0.51 a year earlier. Full-year consensus is $1.84, growing to $1.96 the year after.
REVENUE · NEXT QUARTER
$1.9B
Range $1.9B – $2.0B · 4 analysts · +2% YoY
Revenue is expected to reach $1.9B (range $1.9B – $2.0B), +2.1% year-over-year. Full-year consensus is $7.3B, rising to $7.7B next year.
Top analysts covering Warner Music Group
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on WMG.
#1
Jason Bazinet
Citigroup · Rank #19
Buy
$40.00+39.1% to target
Overall win rate
60%
+ Follow
#2
David Karnovsky
JP Morgan · Rank #201
Buy
$43.00+49.6% to target
Overall win rate
36%
+ Follow
#3
Michael Morris
Guggenheim
Buy
$36.00+25.2% to target
Coverage
—
+ Follow
#4
IM
Ian Moore
Bernstein
Buy
$39.00+35.7% to target
Coverage
—
+ Follow
#5
BL
Batya Levi
UBS
Buy
$42.00+46.1% to target
Coverage
—
+ Follow
WMG stock forecast FAQ
What is WMG's average 12-month price target?+
The 12 analysts with a live target average $38.58 for Warner Music Group over the next 12 months, ranging from a $45.00 high to a $31.00 low.
Is WMG stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 13 analyst ratings, 11 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for WMG?+
The Street-high target is $45.00 (Tigress Financial), and the Street-low is $31.00 (Goldman Sachs). The average of all 12 active targets is $38.58.
How many Wall Street analysts cover WMG?+
13 analysts have an active rating on Warner Music Group, and 12 firms carry a live 12-month price target.
Who is the most accurate analyst covering WMG?+
Among analysts who currently cover WMG, Jason Bazinet of Citigroup has the strongest overall Quantellect track record (Rank #19). Their current call is Buy with a $40.00 target.
What is Warner Music Group's projected EPS for next quarter?+
The consensus estimate is $0.42 per share (range $0.36 – $0.50) across 4 analysts. Full-year EPS is projected at $1.84, rising to $1.96 the following year.
How much revenue is Warner Music Group expected to report next quarter?+
Consensus revenue is $1.9B (range $1.9B – $2.0B). Full-year revenue is projected at $7.3B, growing to $7.7B next year.
Have analysts been upgrading or downgrading WMG lately?+
As of Jul, 11 of 13 firms rate WMG a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their WMG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
