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Warner Music Group (WMG): analyst forecast and price target

$31.40 +2.31% close 16.10.26 · market cap $14.4B · Communicationservices · Entertainment
Price targets and ratings of

Analyst consensus

Moderate Buy

8 Buy3 Hold0 Sell

Ratings of 11 analysts in the last 3 months

12-month forecast

$37.73+20.2% upside

Based on 11 price targets given in the last 3 months, the average target is $37.73, the highest $46.00, the lowest $30.00. The average is +20.2% from the last price of $31.40.

$30.00$40.00Jan 26AprJulOctJan 27AprJulOctHigh$46.00Average$37.73Low$30.00
Highest target $46.00 Average target $37.73 Lowest target $30.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Batya Levi★★★★★★★★★★#10957 · hits 41% · avg −3.8% UBS $42.00 → $43.00+2.4% Buy +36.9% Assigned 01.10.26on TipRanks 08:20 −2.2%next day −1.6% · 5 days +5.6%
Jessica Reif Ehrlich★★★★★★★★★★#1369 · hits 49% · avg +9.3% Bank of America Securities $30.00 Hold −4.5% Reiterated 30.09.26on TipRanks 07:35 +0.2%next day −2.2% · 5 days +0.1%
Michael Morris★★★★★★★★★★#850 · hits 53% · avg +12.8% Guggenheim $36.00 Buy +14.6% Reiterated 29.09.26on TipRanks 06:50 +2.0%next day +0.2% · 5 days −2.0%
Cameron Mansson-Perrone★★★★★★★★★★#6107 · hits 65% · avg +2.7% Morgan Stanley $36.00 Buy +14.6% Reiterated 09.09.26on TipRanks 07:25 +0.9%next day −0.5% · 5 days +1.6%
David Karnovsky★★★★★★★★★★#387 · hits 69% · avg +17.9% J.P. Morgan $40.00 Buy +27.4% Reiterated 10.08.26on TipRanks Aug 11 08:12 +0.1%next day −4.7% · 5 days −0.1%
Kutgun Maral★★★★★★★★★★#6827 · hits 45% · avg +0.7% Evercore ISI $43.00 Buy +36.9% Reiterated 07.08.26on TipRanks Aug 4 10:23 +1.0%next day +1.0% · 5 days −2.7%
Omar Mejias★★★★★★★★★★#2790 · hits 61% · avg +16.2% Wells Fargo $39.00 Buy +24.2% Reiterated 06.08.26on TipRanks Aug 7 05:50 +1.9%next day −0.8% · 5 days −5.4%
Ian S. Moore★★★★★★★★★★#11309 · hits 38% · avg −6.9% Bernstein $39.00 Buy +24.2% Reiterated 06.08.26on TipRanks 11:21 +1.9%next day −0.8% · 5 days −5.4%
Doug Creutz★★★★★★★★★★#798 · hits 63% · avg +13.8% TD Cowen $46.00 Buy +46.5% Reiterated 06.08.26on TipRanks Aug 3 11:30 −4.7%next day +1.0% · 5 days +3.2%
Kannan Venkateshwar★★★★★★★★★★#1333 · hits 55% · avg +9.0% Barclays $31.00 Hold −1.3% Reiterated 04.08.26on TipRanks 02:45 +1.0%next day +1.0% · 5 days −2.7%
Stephen Laszczyk★★★★★★★★★★#1503 · hits 58% · avg +13.9% Goldman Sachs $32.00 Hold +1.9% Reiterated 03.08.26on TipRanks Aug 4 10:05 −4.7%next day +1.0% · 5 days +3.2%
Unknown Analyst Jefferies $35.00 Buy +11.5% Reiterated 23.04.26on TipRanks Apr 27 04:05 −0.7%next day −0.9% · 5 days −3.9%
Clay Griffin★★★★★★★★★★#6914 · hits 62% · avg +2.1% MoffettNathanson $38.00 Buy +21.0% Initiated 27.01.26on TipRanks 06:45 −0.8%next day −1.4% · 5 days −5.2%
Jason Bazinet★★★★★★★★★★#496 · hits 56% · avg +15.1% Citi $41.00 → $40.00−2.4% Buy +27.4% Reiterated 21.01.26on TipRanks 08:00 −1.3%next day −0.6% · 5 days −1.5%
Peter Supino★★★★★★★★★★#1845 · hits 60% · avg +13.7% Wolfe Research $40.00 → $36.00−10.0% Buy +14.6% Reiterated 15.12.25on TipRanks 08:45 +0.4%next day +1.4% · 5 days +6.6%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Warner Music Group

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Doug Creutz★★★★★★★★★★TD Cowen · #798
Hits 63%154 of 246 Average return +13.8%
1 year Michael Morris★★★★★★★★★★Guggenheim · #850
Hits 53%186 of 352 Average return +12.8%
2 years Michael Morris★★★★★★★★★★Guggenheim · #850
Hits 53%186 of 352 Average return +12.8%

Most profitable

3 months Doug Creutz★★★★★★★★★★TD Cowen · #798
Hits 63%154 of 246 Average return +13.8%
1 year Michael Morris★★★★★★★★★★Guggenheim · #850
Hits 53%186 of 352 Average return +12.8%
2 years Michael Morris★★★★★★★★★★Guggenheim · #850
Hits 53%186 of 352 Average return +12.8%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $37.73 at a price of $27.61 (+36.6%); now: $37.73 at $31.40 (+20.2%).

$30.00$35.00Sep 15Oct 1Oct 15Top analysts$36.29Average target$37.73Price$31.40

PriceAverage targetTop analysts’ target

Recommendation trend

01020117Oct 251116Nov1126Dec1145Jan 261153Feb1133Mar1134Apr144May144Jun1105Jul676Aug697Sep674Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy001666
Buy141410797
Hold445674
Sell000000

Earnings and sales forecast

Next report: 19.11.26 (Q4 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.36 (from $0.25 to $0.44). Last quarter: $0.38.

Sales

Next quarter’s sales estimate — $1.9B (from $1.8B to $2.0B). Last quarter: $1.9B.

Best top-analyst consensus in the sector · Communicationservices

OPRAOpera
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ECHOEchostar
TTWOTake-Two
VEONVEON
About Warner Music Group
  • CEO: Robert Kyncl
  • Employees: 5,500
  • 1633 Broadway, New York City, NY, 10019, US
  • www.wmg.com

Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordings produced by these artists. This segment also actively markets its vast catalog of existing music, issuing compilations, re-releases of classic tracks and videos, and previously unreleased material. Its operations are chiefly conducted through a diverse portfolio of renowned record labels, including but not limited to Warner Records, Atlantic Records, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. Music and video products are distributed and sold by this division to a wide array of channels, encompassing direct retailers, wholesale distributors, independent labels, various distribution centers and joint ventures, physical retail locations, online stores, streaming platforms, and digital download services. The Music Publishing division is responsible for owning and acquiring the intellectual property rights to approximately one million musical compositions. This extensive collection includes iconic pop hits, American classics, folk melodies, and scores for motion pictures and theatrical productions. Its comprehensive catalog represents the work of roughly 100,000 songwriters and composers, covering an expansive spectrum of musical styles such as pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, B

Data from the stock’s TipRanks forecast page, read 68 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗