Warner Bros. Discovery Inc (NASDAQ:WBD) shares, rose in value, with the stock price up by 0.59% to the previous day’s close as strong demand from buyers drove the stock to $11.10.
Actively observing the price movement in the recent trading, the stock is buoying the session at $11.03, falling within a range of $10.97 and $11.185. The value of beta (5-year monthly) is 1.49. Referring to stock’s 52-week performance, its high was $12.70, and the low was $6.64. On the whole, WBD has fluctuated by 5.67% over the past month.
With the market capitalization of Warner Bros. Discovery Inc currently standing at about $27.24 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 38.9B, with a low estimate of 9.39B and a high estimate of 10.1B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 9.74B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WBD’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of WBD currently trading nearly 2.87% and 5.74% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.39, while the 7-day volatility ratio is showing 3.04% which for the 30-day chart, stands at 4.85%. Furthermore, Warner Bros. Discovery Inc (WBD)’s beta value is 1.44, and its average true range (ATR) is 0.44.
A comparison of Warner Bros. Discovery Inc (WBD) with its peers suggests the former has fared considerably weaker in the market. WBD showed an intraday change of 0.59% in today’s session so far, and over the past year, it grew by 31.15%%.
Data on historical trading for Warner Bros. Discovery Inc (NASDAQ:WBD) indicates that the trading volumes over the past 10 days have averaged 35.99 and over the past 3 months, they’ve averaged 33.36 million. According to company’s latest data on outstanding shares, there are 2.45 billion shares outstanding.
Nearly 9.58% of Warner Bros. Discovery Inc’s shares belong to company insiders and institutional investors own 66.28% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 69.73 million shares as on 2025-03-14, resulting in a short ratio of 1.54. According to the data, the short interest in Warner Bros. Discovery Inc (WBD) stood at 320.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 67.35 million. The stock has risen by 4.97% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WBD stock heading into the next quarter.
