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Warner Music Group Corp. (WMG) Stock Forecast

Data as of Jun 16, 2026

Communication Services · Current price $28.80 (+1.18%)

Consensus Target
$36.50
Upside
+37.5%
Analysts
9
Rating
Buy(2.00)

Price Target Range

Low $33.00Consensus $36.50High $39.00
▲ Current $28.80

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy6
Hold0
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Jan 27, 2026Clay GriffinMoffettNathanson$38.00+31.9%
Dec 15, 2025Peter SupinoWolfe Research$36.00+25.0%
Dec 11, 2025James HeaneyJefferies$35.00+21.5%
Aug 8, 2025Omar MejiasWells Fargo$34.00+18.1%
Mar 28, 2025Matthew ThorntonFBN Securities$35.00+21.5%
Nov 21, 2024Kannan VenkateshwarBarclays$31.00+7.6%
Oct 11, 2024Tim NollenMacquarie$30.00+4.2%
Sep 12, 2024Ivan FeinsethTigress Financial$44.00+52.8%
Aug 14, 2024Jason BazinetCitigroup$31.00+7.6%
Jul 31, 2024Tim NollenMacquarie$32.00+11.1%
Jul 11, 2024Devin BriscoWolfe Research$37.00+28.5%
Jun 5, 2024Ken LeonCFRA$32.00+11.1%
May 6, 2024Benjamin SwinburneMorgan Stanley$43.00+49.3%
Apr 18, 2024Alan GouldLoop Capital Markets$38.00+31.9%
Apr 5, 2024Michael MorrisGuggenheim$45.00+56.3%
Mar 21, 2024Ken LeonCFRA$30.00+4.2%
Sep 21, 2023Matthew ThorntonTruist Financial$37.00+28.5%
Sep 21, 2023Sebastiano PettiJ.P. Morgan$40.00+38.9%
Nov 25, 2022Benjamin SwinburneMorgan Stanley$38.00+31.9%
Oct 10, 2022Stephen LaszczykGoldman Sachs$32.00+11.1%

WMG vs Sector & Market

MetricWMGCommunication Services AvgLarge Cap Avg
Analyst Rating2.002.482.40
Analyst Count91019
Target Upside+37.5%+151.4%+17.1%
P/E Ratio48.941.7831.64

Revenue Estimates

PeriodLowAvgHigh#
2026-09-30$7.07B$7.13B$7.27B12
2026-12-31$1.90B$1.95B$1.98B4
2027-03-31$1.68B$1.73B$1.76B4
2027-06-30$1.86B$1.90B$1.94B3
2027-09-30$1.95B$2.00B$2.04B3
2027-12-31$2.02B$2.07B$2.11B3
2028-03-31$1.84B$1.89B$1.92B2
2028-06-30$2.01B$2.06B$2.10B5
2028-09-30$2.09B$2.15B$2.18B4
2029-09-30$8.40B$8.52B$8.71B10
2030-09-30$9.06B$9.19B$9.39B6

EPS Estimates

PeriodLowAvgHigh#
2026-09-30$1.26$1.32$1.438
2026-12-31$0.47$0.48$0.491
2027-03-31$0.34$0.35$0.361
2027-06-30$0.42$0.44$0.451
2027-09-30$0.43$0.44$0.451
2027-12-31$0.53$0.55$0.561
2028-03-31$0.37$0.38$0.391
2028-06-30$0.47$0.49$0.501
2028-09-30$0.50$0.51$0.521
2029-09-30$1.97$2.01$2.074
2030-09-30$2.46$2.51$2.584

Frequently Asked Questions

What is the analyst consensus for WMG?

The consensus among 9 analysts covering Warner Music Group Corp. (WMG) is Buy with an average price target of $36.50.

What is the highest price target for WMG?

The highest price target for WMG is $50.00, set by Andrew Uerkwitz at Jefferies on 2022-01-04.

What is the lowest price target for WMG?

The lowest price target for WMG is $30.00, set by Ken Leon at CFRA on 2024-03-21.

How many analysts cover WMG?

9 analysts have issued ratings for Warner Music Group Corp. in the past 12 months.

Is WMG a buy or sell right now?

Based on 9 analyst ratings, WMG has a consensus rating of Buy (2.00/5) with a +37.5% upside to the consensus target of $36.50.

What are the earnings estimates for WMG?

Analysts estimate WMG will report EPS of $1.32 for the period ending 2026-09-30, with revenue estimated at $7.13B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.