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Warner Music Group Corp
NASDAQ:WMG

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Warner Music Group Corp Logo
Warner Music Group Corp
NASDAQ:WMG
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Price: 33.02 USD -0.9% Market Closed
Updated: Mar 29, 2024

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 38.01 USD with a low forecast of 21.21 USD and a high forecast of 48.3 USD.

Lowest
Price Target
21.21 USD
36% Downside
Average
Price Target
38.01 USD
15% Upside
Highest
Price Target
48.3 USD
46% Upside

WMG Last Price Targets
Warner Music Group Corp

The latest public price target was made on Mar 21, 2024 by Ken Leon from CFRA , who expects WMG stock to drop by 9% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Ken Leon
CFRA
30 USD
Downside 9%
1 week ago
Mar 21, 2024
Warner Music Group (WMG) PT Lowered to $30 at CFRA
StreetInsider
Matthew Thornton
Truist Financial
37 USD
Upside 12%
6 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 21%
6 months ago
Sep 21, 2023
Warner Music Group Faces Distribution Shift - Analysts Are Bullish On Long-Term Growth Prospects
Benzinga
Ken Leon
CFRA
Price Target 30 USD
Upside/Downside 9%
View Source
Matthew Thornton
Truist Financial
Price Target 37 USD
Upside/Downside 12%
View Source
Sebastiano Petti
J.P. Morgan
Price Target 40 USD
Upside/Downside 21%
View Source
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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 20%.

26%
Past Growth
20%
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
38.01 USD

According to Wall Street analysts, the average 1-year price target for WMG is 38.01 USD with a low forecast of 21.21 USD and a high forecast of 48.3 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
20%

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 20%.

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%.