First Time Loading...

Warner Music Group Corp
NASDAQ:WMG

Watchlist Manager
Warner Music Group Corp Logo
Warner Music Group Corp
NASDAQ:WMG
Watchlist
Price: 32 USD -0.53% Market Closed
Updated: Jul 21, 2024
Have any thoughts about
Warner Music Group Corp?
Write Note

Wall Street
Price Targets

WMG Price Targets Summary
Warner Music Group Corp

Wall Street analysts forecast WMG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for WMG is 39.1 USD with a low forecast of 21.21 USD and a high forecast of 47.25 USD.

Lowest
Price Target
21.21 USD
34% Downside
Average
Price Target
39.1 USD
22% Upside
Highest
Price Target
47.25 USD
48% Upside

WMG Last Price Targets
Warner Music Group Corp

The latest public price target was made on Jul 11, 2024 by Devin Brisco from Wolfe Research , who expects WMG stock to rise by 16% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Devin Brisco
Wolfe Research
37 USD
Upside 16%
1 week ago
Jul 11, 2024
Warner Music initiated with an Outperform at Wolfe Research
TheFly
Ken Leon
CFRA
32 USD
Downside 0%
1 month ago
Jun 5, 2024
CFRA Upgrades Warner Music Group (WMG) to Hold
StreetInsider
Benjamin Swinburne
Morgan Stanley
43 USD
Upside 34%
2 months ago
May 6, 2024
Morgan Stanley Resumes Warner Music Group (WMG) at Overweight, 'Naming WMG our Top Pick in M&E'
StreetInsider
Alan Gould
Loop Capital Markets
38 USD
Upside 19%
3 months ago
Apr 18, 2024
Warner Music Group (WMG) PT Raised to $38 at Loop Capital
StreetInsider
Michael Morris
Guggenheim
45 USD
Upside 41%
3 months ago
Apr 5, 2024
Warner Music price target lowered to $45 from $46 at Guggenheim
TheFly
Ken Leon
CFRA
30 USD
Downside 6%
4 months ago
Mar 21, 2024
Warner Music Group (WMG) PT Lowered to $30 at CFRA
StreetInsider
Matthew Thornton
Truist Financial
37 USD
Upside 16%
10 months ago
Sep 21, 2023
Warner Music Group Faces Distribution Shift - Analysts Are Bullish On Long-Term Growth Prospects
Benzinga
Sebastiano Petti
J.P. Morgan
40 USD
Upside 25%
10 months ago
Sep 21, 2023
Warner Music Group Faces Distribution Shift - Analysts Are Bullish On Long-Term Growth Prospects
Benzinga
Show More Price Targets
Show Less Price Targets
Devin Brisco
Wolfe Research
Price Target 37 USD
Upside/Downside 16%
View Source
Ken Leon
CFRA
Price Target 32 USD
Upside/Downside 0%
View Source
Benjamin Swinburne
Morgan Stanley
Price Target 43 USD
Upside/Downside 34%
View Source
Alan Gould
Loop Capital Markets
Price Target 38 USD
Upside/Downside 19%
View Source
Michael Morris
Guggenheim
Price Target 45 USD
Upside/Downside 41%
View Source
Ken Leon
CFRA
Price Target 30 USD
Upside/Downside 6%
View Source
Matthew Thornton
Truist Financial
Price Target 37 USD
Upside/Downside 16%
View Source
Sebastiano Petti
J.P. Morgan
Price Target 40 USD
Upside/Downside 25%
View Source
Show More Price Targets
Show Less Price Targets
Warner Music Group Corp Competitors:
Price Targets
UFO
UFO Moviez India Ltd
358% Upside
048550
SM Culture & Contents Co Ltd
99% Upside
ATG
ATM Grupa SA
9% Downside
035900
JYP Entertainment Corp
64% Upside
600977
China Film Co Ltd
12% Upside
RS
RS PCL
12% Upside
GRAMMY
GMM Grammy PCL
15% Upside
CNMA
Nusantara Sejahtera Raya Tbk PT
98% Upside

Revenue
Forecast

Revenue Estimate
Warner Music Group Corp

For the last 8 years the compound annual growth rate for Warner Music Group Corp's revenue is 9%. The projected CAGR for the next 3 years is 7%.

9%
Past Growth
7%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Warner Music Group Corp

For the last 8 years the compound annual growth rate for Warner Music Group Corp's operating income is 26%. The projected CAGR for the next 3 years is 21%.

26%
Past Growth
21%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Net Income
Forecast

Net Income Estimate
Warner Music Group Corp

The compound annual growth rate of Warner Music Group Corp's net income for the next 3 years is 28%.

N/A
Past Growth
28%
Estimated Growth
Estimates Accuracy
6%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is WMG's stock price target?
Price Target
39.1 USD

According to Wall Street analysts, the average 1-year price target for WMG is 39.1 USD with a low forecast of 21.21 USD and a high forecast of 47.25 USD.

What is Warner Music Group Corp's Revenue forecast?
Projected CAGR
7%

For the last 8 years the compound annual growth rate for Warner Music Group Corp's revenue is 9%. The projected CAGR for the next 3 years is 7%.

What is Warner Music Group Corp's Operating Income forecast?
Projected CAGR
21%

For the last 8 years the compound annual growth rate for Warner Music Group Corp's operating income is 26%. The projected CAGR for the next 3 years is 21%.

What is Warner Music Group Corp's Net Income forecast?
Projected CAGR
28%

The compound annual growth rate of Warner Music Group Corp's net income for the next 3 years is 28%.