Is Warner Bros. Discovery (WBD) the Next Big Media Stock? 75% YTD Surge Sparks Buzz
Warner Bros. Discovery closed at $17.10 on Oct. 10, up about 75% year-to-date after rebuffing a $20/share bid from Paramount Skydance and announcing a 2026 company split. Market cap stands near $42–45 billion, with Q2 revenue at $9.8 billion and 125.7 million streaming subscribers. Gross debt remains high at $35–38 billion. Analyst sentiment is mixed, with price targets ranging from $13 to $24.