WBD

Nasdaq

Warner Bros. Discovery, Inc.

Communication Services, Broadcasting

$26.78

close 7 Aug 2026

+148.42%

52-week change

$67.16B

market cap

$10.76

$30.00

52-week range

Expected price

$4.95 – $6.05

Current price

$26.78

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)-21.09x

P/S (TTM)1.86x

P/B2.05x

EV/EBITDA (TTM)25.20x

FCF yield (TTM)3.25%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average53.36x

P/E, sector median16.67x*

Price at 5-year median P/E—*

Forward — analyst consensus

Forward P/E (FY2026)—*

Forward P/E (FY2027)—

Forward PEG—*

Consensus EPS FY2026 (11 analysts)-$1.23

EPS growth (FY2026→FY2027)—

Revenue growth (FY2026)-2.43%

Street view

Price target (mean)$29.82*

Target upside11.34%

Ratings (buy / hold / sell)2 / 16 / 1

FY2026 EPS revisions, 30d (up / down)1 / 3

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

period to 30 Jun 2026, filed 6 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +5.73%10Y CAGR +10%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$26.78

Cash & equivalents$3.37B

Total debt$32.02B

Shares outstanding2.51B

Result

DCF price per share$9.42

Current price$26.78

Margin of safety-64.82%

PV of years 1–10$19.43B

PV of terminal value$32.85B

Equity value$23.63B

Market-implied growth+13.52%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$2.30B	$2.44B	$2.58B	$2.72B	$2.88B	$3.05B	$3.22B	$3.40B	$3.60B	$3.81B	$70.93B
PV	$2.13B	$2.09B	$2.05B	$2.00B	$1.96B	$1.92B	$1.88B	$1.84B	$1.80B	$1.76B	$32.85B

period to 30 Jun 2026, filed 6 Aug 2026, close 7 Aug 2026