Warner Music Group - WMG Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $38.12
  • Forecasted Upside: 18.78%
  • Number of Analysts: 17
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 12 Buy Ratings
  • 0 Strong Buy Ratings
▲ +0.09 (0.28%)

This chart shows the closing price for WMG by one month, three months, or twelve months.

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Analyst Price Target for WMG

Analyst Price Target is $38.12
▲ +18.78% Upside Potential
This price target is based on 17 analysts offering 12 month price targets for Warner Music Group in the last 3 months. The average price target is $38.12, with a high forecast of $52.00 and a low forecast of $23.00. The average price target represents a 18.78% upside from the last price of $32.09.

This chart shows the closing price for WMG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 17 polled investment analysts is to moderate buy stock in Warner Music Group. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 1 sell ratings
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 1 sell ratings
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 1 sell ratings
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 1 sell ratings
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 1 sell ratings
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 1 sell ratings
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 1 sell ratings
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 1 sell ratings

Latest Recommendations

  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/12/2024Wolfe ResearchInitiated CoverageOutperform$37.00Low
7/11/2024Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$43.00 ➝ $38.00Low
7/10/2024Redburn AtlanticReiterated RatingNeutral ➝ Sell$21.00 ➝ $23.00Low
5/6/2024Morgan StanleyInitiated CoverageOverweight ➝ Overweight$43.00 ➝ $43.00Low
4/18/2024Loop CapitalBoost TargetHold ➝ Hold$36.00 ➝ $38.00Low
4/5/2024GuggenheimLower TargetBuy ➝ Buy$46.00 ➝ $45.00Low
2/5/2024Redburn AtlanticUpgradeSell ➝ Neutral$17.00 ➝ $21.00Low
11/15/2023Wells Fargo & CompanyInitiated CoverageEqual Weight$35.00Low
10/18/2023Tigress FinancialReiterated RatingBuy ➝ Buy$52.00Low
10/3/2023UBS GroupUpgradeNeutral ➝ Buy$34.00 ➝ $37.00Low
9/22/2023CitigroupReiterated RatingNeutral ➝ Neutral$34.00Low
9/22/2023Jefferies Financial GroupLower TargetBuy ➝ Buy$37.00 ➝ $35.00Low
9/21/2023JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Overweight$40.00Low
9/21/2023BarclaysReiterated RatingEqual Weight ➝ Equal Weight$33.00Low
9/21/2023Truist FinancialReiterated RatingBuy ➝ Buy$37.00Low
8/17/2023Truist FinancialBoost TargetBuy ➝ Buy$32.00 ➝ $37.00Low
8/16/2023CitigroupBoost TargetNeutral ➝ Neutral$29.00 ➝ $34.00Low
8/14/2023Evercore ISIBoost TargetOutperform ➝ Outperform$35.00 ➝ $38.00Low
8/9/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$34.00 ➝ $38.00Low
8/9/2023The Goldman Sachs GroupBoost TargetBuy ➝ Buy$35.00 ➝ $40.00N/A
8/9/2023Deutsche Bank AktiengesellschaftBoost TargetBuy ➝ Buy$36.00 ➝ $40.00Low
8/9/2023BarclaysBoost TargetEqual Weight ➝ Equal Weight$30.00 ➝ $33.00Low
7/25/2023TD CowenInitiated CoverageOutperform$38.00Low
6/29/2023UBS GroupInitiated CoverageNeutral$29.00Low
6/2/2023Atlantic SecuritiesDowngradeOverweight ➝ Neutral$39.00 ➝ $26.00Low
5/12/2023BarclaysLower Target$34.00 ➝ $30.00Low
4/25/2023JPMorgan Chase & Co.Lower Target$42.00 ➝ $40.00Low
4/21/2023Morgan StanleyLower TargetOverweight$41.00 ➝ $38.00Low
4/14/2023BarclaysLower TargetEqual Weight$35.00 ➝ $34.00Low
3/22/2023GuggenheimUpgradeNeutral ➝ Buy$35.00 ➝ $36.00Low
2/13/2023Credit Suisse GroupReiterated RatingOutperform$36.00Low
2/10/2023The Goldman Sachs GroupBoost TargetBuy$35.00 ➝ $39.00Low
1/30/2023Deutsche Bank AktiengesellschaftBoost Target$37.00 ➝ $43.00Low
1/23/2023BarclaysDowngradeOverweight ➝ Equal Weight$35.00Low
1/17/2023Truist FinancialLower TargetBuy$39.00 ➝ $37.00Low
1/13/2023GuggenheimDowngradeBuy ➝ Neutral$35.00Low
1/3/2023Truist FinancialBoost Target$35.00 ➝ $39.00Low
12/20/2022CitigroupBoost TargetNeutral$26.00 ➝ $35.00Low
12/19/2022Morgan StanleyBoost TargetOverweight$38.00 ➝ $41.00Low
12/19/2022Atlantic SecuritiesUpgradeNeutral ➝ Overweight$34.00 ➝ $41.00Low
12/14/2022GuggenheimBoost Target$38.00Low
11/25/2022Morgan StanleyBoost TargetOverweight$31.00 ➝ $38.00Low
11/23/2022Deutsche Bank AktiengesellschaftBoost Target$30.00 ➝ $37.00Low
11/23/2022JPMorgan Chase & Co.Boost Target$34.00 ➝ $39.00Low
11/23/2022Credit Suisse GroupLower TargetOutperform$43.00 ➝ $36.00Low
11/23/2022BarclaysBoost TargetOverweight$30.00 ➝ $35.00Low
11/23/2022Bank of AmericaUpgradeUnderperform ➝ Neutral$23.00 ➝ $33.00Low
10/24/2022Deutsche Bank AktiengesellschaftLower TargetBuy$35.00 ➝ $30.00Low
10/20/2022GuggenheimLower Target$30.00Low
10/11/2022Morgan StanleyLower TargetOverweight$34.00 ➝ $31.00Low
10/11/2022BarclaysLower Target$33.00 ➝ $30.00Low
10/10/2022The Goldman Sachs GroupInitiated CoverageBuy$32.00Low
7/25/2022Morgan StanleyLower TargetOverweight$37.00 ➝ $34.00Low
7/19/2022Truist FinancialLower TargetBuy$40.00 ➝ $35.00Low
7/13/2022JPMorgan Chase & Co.Lower TargetOverweight$40.00 ➝ $34.00Low
7/7/2022CitigroupLower TargetNeutral$31.00 ➝ $27.00N/A
7/5/2022BarclaysLower TargetOverweight$37.00 ➝ $33.00N/A
6/3/2022GuggenheimBoost TargetBuy$30.00 ➝ $34.00Medium
5/17/2022CitigroupLower TargetNA$41.00 ➝ $31.00N/A
5/11/2022BarclaysLower Target$49.00 ➝ $37.00Low
5/9/2022Truist FinancialLower Target$45.00 ➝ $40.00Medium
4/25/2022Redburn PartnersReiterated RatingNeutral ➝ SellMedium
4/21/2022GuggenheimLower Target$50.00 ➝ $39.00High
3/11/2022Deutsche Bank AktiengesellschaftInitiated CoverageBuy$42.00High
2/9/2022Credit Suisse GroupLower TargetOutperform$50.00 ➝ $45.00Medium
1/4/2022Jefferies Financial GroupUpgradeHold ➝ Buy$41.00 ➝ $50.00High
12/22/2021Tigress FinancialBoost TargetBuy$48.00 ➝ $52.00Low
12/13/2021Redburn PartnersUpgradeSell ➝ NeutralHigh
11/26/2021Credit Suisse GroupBoost TargetOutperform$48.00 ➝ $50.00Low
11/19/2021CitigroupBoost TargetNeutral$48.00 ➝ $49.00Low
11/16/2021Loop CapitalBoost TargetHold$37.00 ➝ $45.00High
11/16/2021Royal Bank of CanadaBoost TargetOutperform$47.00 ➝ $52.00High
11/16/2021Bank of AmericaDowngradeBuy ➝ Underperform$53.00 ➝ $42.00High
10/27/2021CitigroupBoost TargetNeutral$40.00 ➝ $48.00High
10/12/2021Truist FinancialBoost TargetPositive ➝ Buy$42.00 ➝ $51.00Low
10/8/2021Morgan StanleyBoost TargetOverweight$46.00 ➝ $53.00Low
9/23/2021BarclaysUpgradeEqual Weight ➝ Overweight$38.00 ➝ $48.00Medium
9/21/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$37.00 ➝ $48.00High
8/17/2021Tigress FinancialBoost TargetBuy$42.00 ➝ $48.00Low
5/5/2021Morgan StanleyBoost TargetOverweight$42.00 ➝ $44.00Medium
4/22/2021Jefferies Financial GroupInitiated CoverageHold$39.00Low
3/18/2021Redburn PartnersInitiated CoverageSellHigh
2/3/2021Bank of AmericaUpgradeNeutral ➝ BuyLow
2/3/2021BarclaysBoost TargetIn-Line ➝ Equal Weight$30.00 ➝ $38.00Low
2/2/2021Morgan StanleyBoost TargetOverweight$40.00 ➝ $42.00Low
1/11/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral$37.00Medium
1/6/2021Truist FinancialBoost Target$35.00 ➝ $40.00N/A
12/17/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$40.00High
11/24/2020Morgan StanleyBoost TargetEqual Weight$34.00 ➝ $35.00Medium
11/13/2020Morgan StanleyBoost TargetEqual Weight$33.00 ➝ $34.00Low
8/6/2020BarclaysReiterated RatingHold$30.00Low
8/5/2020Credit Suisse GroupReiterated RatingBuy$37.00Low
8/5/2020Morgan StanleyBoost TargetEqual Weight$32.00 ➝ $33.00Medium
6/30/2020Tigress FinancialInitiated CoverageBuyMedium
6/29/2020CitigroupInitiated CoverageNeutral$33.00High
6/29/2020Loop CapitalInitiated CoverageHold$33.00High
6/29/2020Morgan StanleyInitiated CoverageEqual Weight$32.00Low
6/29/2020SunTrust BanksInitiated CoverageBuy$35.00High
6/29/2020JPMorgan Chase & Co.Initiated CoverageOverweight$40.00High
6/29/2020BarclaysInitiated CoverageEqual Weight$28.00High
6/29/2020MacquarieInitiated CoverageNeutral$32.00High
6/29/2020Royal Bank of CanadaInitiated CoverageOutperform$40.00High
6/29/2020Evercore ISIInitiated CoverageOutperform$36.00High
6/29/2020GuggenheimInitiated CoverageBuy$36.00High
6/29/2020Credit Suisse GroupInitiated CoverageOutperform$37.00High
6/29/2020The Goldman Sachs GroupInitiated CoverageNeutral$33.00High
6/23/2020Sanford C. BernsteinInitiated CoverageMarket Perform$33.00Low
6/3/2020Atlantic SecuritiesInitiated CoverageNeutral$23.00Low
(Data available from 7/23/2019 forward)

News Sentiment Rating

0.87 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
  • 7 very positive mentions
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  • 22 very positive mentions
  • 27 positive mentions
  • 3 negative mentions
  • 2 very negative mentions
  • 9 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
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  • 4 negative mentions
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  • 14 very positive mentions
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  • 4 negative mentions
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  • 3 positive mentions
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Current Sentiment

  • 9 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.


  • No negative mentions tracked during this time.
Warner Music Group logo
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 150,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.
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Today's Range

Now: $32.09
Low: $31.96
High: $32.43

50 Day Range

MA: $30.82
Low: $29.50
High: $32.61

52 Week Range

Now: $32.09
Low: $29.07
High: $38.05


1,809,514 shs

Average Volume

1,869,391 shs

Market Capitalization

$16.62 billion

P/E Ratio


Dividend Yield




Frequently Asked Questions

What sell-side analysts currently cover shares of Warner Music Group?

The following Wall Street sell-side analysts have issued reports on Warner Music Group in the last year: Barclays PLC, Citigroup Inc., Deutsche Bank Aktiengesellschaft, Evercore ISI, Guggenheim, Jefferies Financial Group Inc., JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Redburn Atlantic, TD Cowen, The Goldman Sachs Group, Inc., TheStreet, Tigress Financial, Truist Financial Co., UBS Group AG, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for WMG.

What is the current price target for Warner Music Group?

17 Wall Street analysts have set twelve-month price targets for Warner Music Group in the last year. Their average twelve-month price target is $38.12, suggesting a possible upside of 18.8%. Tigress Financial has the highest price target set, predicting WMG will reach $52.00 in the next twelve months. Redburn Atlantic has the lowest price target set, forecasting a price of $23.00 for Warner Music Group in the next year.
View the latest price targets for WMG.

What is the current consensus analyst rating for Warner Music Group?

Warner Music Group currently has 1 sell rating, 4 hold ratings and 12 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for WMG.

What other companies compete with Warner Music Group?

How do I contact Warner Music Group's investor relations team?

Warner Music Group's physical mailing address is 1633 BROADWAY, NEW YORK NY, 10019. The company's listed phone number is 212-275-2000 and its investor relations email address is [email protected]. The official website for Warner Music Group is www.wmg.com. Learn More about contacing Warner Music Group investor relations.