WBD Warner Bros. Discovery NASDAQ 26 Feb 2026: Q4 earnings before $31 bid
WBD stock is trading at $29.15 as Warner Bros. Discovery, Inc. (NASDAQ) prepares to report Q4 results on 26 Feb 2026. The quarter lands amid takeover pressure after Paramount raised an all-cash bid to $31.00. Investors will watch EPS, free cash flow and commentary on the Netflix merger while the board weighs rival offers. This Meyka AI-powered market analysis focuses on earnings drivers, valuation, deal risk and short-term trading signals for United States investors in USD.
WBD stock earnings snapshot and what to watch
Warner Bros. Discovery, Inc. reports Q4 on 26 Feb 2026 after markets open. Management will face questions on content monetization and streaming margins. Last reported EPS is 0.19 and trailing PE sits at 152.11. Analysts will focus on subscription trends in the DTC segment and free cash flow per share of 1.67. Clear updates on guidance or cost saves could move the stock beyond the day range of $28.93–$29.20. Expect volatility around the print and management remarks given the takeover backdrop.
WBD stock and the merger backdrop: Paramount bid vs Netflix deal
Deal flow is the key near-term catalyst for WBD stock. Paramount raised a revised cash offer to $31.00 per share and WBD said the board will weigh whether that constitutes a superior proposal. The company still recommends the Netflix transaction at $27.75 for studios and streaming assets. Regulatory scrutiny and the four-day match period for Netflix create uncertainty. For context see coverage from CNBC and the Paramount filing source and source.
WBD stock valuation and key financial metrics
Valuation looks mixed for WBD stock. Market cap is about $71.66B and enterprise value over EBITDA equals 5.20x. Price to sales is 1.90x and price to book is 1.99x. Free cash flow yield is roughly 5.76%, while debt to equity is 0.94. Interest coverage is weak at 0.28, underlining refinancing risk if rates rise. Revenue per share is 15.27, and book value per share is 15.05, so the market prices partial value of content and growth expectations into the current quote.
WBD stock technicals and trading setup
Intraday technicals favor buyers for WBD stock but watch volume. Current price is $29.15, 50-day average is $28.38, and 200-day average is $18.49. RSI reads 60.08, MACD histogram is positive, and ADX at 26.75 signals a strong trend. Day volume is 27,447,500 versus average 39,638,675, giving relative volume 0.55. Short-term support sits near $28.00 and resistance at the year high $30.00. Traders should size for event risk around the earnings call.
WBD stock risks and catalysts to monitor
Major risks for WBD stock include regulatory hurdles for any merger, failure to integrate assets, and weaker streaming monetization. Breakup fees and ticking fees can alter deal math. Catalysts are clear: upside if board accepts a higher cash bid or if guidance beats expectations; downside if the Netflix deal survives and offers limited premium. Watch subscriber metrics, advertising revenue trends, and any disclosure on content spend and rights amortization.
Meyka AI rates WBD with a score out of 100 and forecast
Meyka AI rates WBD with a score out of 100: 65.30 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. The upgrade/downgrade split shows 8 buys and 8 holds. Meyka AI’s forecast model projects a monthly target of $27.96, a quarterly target of $34.67, and a 1-year target of $38.36. These model outputs inform price targets but are model-based projections and not guarantees.
Final Thoughts
WBD stock trades at $29.15 as Warner Bros. Discovery reports Q4 on 26 Feb 2026, with takeover dynamics adding event risk to the earnings read. Short-term upside depends on subscriber trends and free cash flow clarity. Meyka AI’s forecast model projects a 1-year target of $38.36, implying 31.59% upside from the current price. The model also shows a quarterly target of $34.67 (+18.94%) and a monthly figure of $27.96 (-4.08%). Our Meyka grade is 65.30 (B, HOLD), reflecting solid asset value but execution and regulatory risk. Forecasts are model-based projections and not guarantees. Investors should weigh the near-term deal noise and the company’s long-term content economics before adjusting allocations.
FAQs
When does Warner Bros. Discovery report earnings and why does it matter for WBD stock?
WBD stock reports Q4 on 26 Feb 2026. The print will update EPS, subscription trends and free cash flow. Results can swing the stock because they change the valuation near-term and affect how bidders value the company.
How does the Paramount $31 offer affect WBD stock earnings reaction?
The $31 Paramount bid raises takeover expectations and can lift WBD stock if seen as superior. But the board must compare offers, regulatory risk remains, and earnings that miss could still pressure the share price.
What are the key valuation metrics to watch for WBD stock?
Watch PE at 152.11, EV/EBITDA at 5.20x, free cash flow yield about 5.76%, and debt to equity 0.94. These metrics show mixed value and leverage that matter for buyers and deal negotiators.
What price targets does Meyka AI set for WBD stock?
Meyka AI’s model sets a monthly target of $27.96, a quarterly target of $34.67, and a 1-year target of $38.36. These are model projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.