Warner Music Group (WMG) Stock Forecast & Price Target
Warner Music Group · NASDAQ
$28.04-0.74 (-2.59%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 12 firms covering Warner Music Group, 11 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $33.00 to $45.00, so the covering firms are broadly aligned. The average target of $39.27 sits 40% above the current $28.04. The rating mix has stayed broadly stable, with Buy-side ratings easing from 11 to 10 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.48 next quarter toward $1.97 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS12 ratings
Strong Buy
Strong Buy00%
Buy1192%
Hold18%
Sell00%
Strong Sell00%
Based on 12 analysts giving stock ratings to Warner Music Group.
As of Sep, 10 of 11 firms rate WMG a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
WMG EPS & revenue forecast
EPS · NEXT QUARTER
$0.48
Range $0.47 – $0.48 · 2 analysts · +10% YoY
Next period, 2 analysts expect Warner Music Group to earn $0.48 a share (range $0.47 – $0.48), versus $0.43 a year earlier. Full-year consensus is $1.78, growing to $1.97 the year after.
REVENUE · NEXT QUARTER
$2.0B
Range $1.9B – $2.0B · 2 analysts · +6% YoY
Revenue is expected to reach $2.0B (range $1.9B – $2.0B), +6.1% year-over-year. Full-year consensus is $7.3B, rising to $7.8B 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 #25
Buy
$40.00+42.7% to target
Overall win rate
60%
+ Follow
#2
David Karnovsky
JP Morgan · Rank #241
Buy
$43.00+53.4% to target
Overall win rate
38%
+ Follow
#3
Ivan Feinseth
Tigress Financial · Rank #408
Buy
$45.00+60.5% to target
Overall win rate
33%
+ Follow
#4
Michael Morris
Guggenheim
Buy
$36.00+28.4% to target
Coverage
—
+ Follow
#5
OM
Omar Mejias
Wells Fargo
Buy
$39.00+39.1% to target
Coverage
—
+ Follow
WMG stock forecast FAQ
What is WMG's average 12-month price target?+
The 11 analysts with a live target average $39.27 for Warner Music Group over the next 12 months, ranging from a $45.00 high to a $33.00 low.
Is WMG stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 12 analyst ratings, 11 are Buy or Strong Buy, 1 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 $33.00 (B of A Securities). The average of all 11 active targets is $39.27.
How many Wall Street analysts cover WMG?+
12 analysts have an active rating on Warner Music Group, and 11 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 #25). 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 $0.48 per share (range $0.47 – $0.48) across 2 analysts. Full-year EPS is projected at $1.78, rising to $1.97 the following year.
How much revenue is Warner Music Group expected to report next quarter?+
Consensus revenue is $2.0B (range $1.9B – $2.0B). Full-year revenue is projected at $7.3B, growing to $7.8B next year.
Have analysts been upgrading or downgrading WMG lately?+
As of Sep, 10 of 11 firms rate WMG a Buy (1 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.
