Warner Music Group - WMG Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $37.00
  • Forecasted Upside: 8.00 %
  • Number of Analysts: 13
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$34.26
▲ +1.36 (4.13%)

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 $37.00
▲ +8.00% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Warner Music Group in the last 3 months. The average price target is $37.00, with a high forecast of $52.00 and a low forecast of $27.00. The average price target represents a 8.00% upside from the last price of $34.26.

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 Buy

The current consensus among 13 investment analysts is to buy stock in Warner Music Group. This 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
  • 11 buy ratings
  • 5 hold ratings
  • 1 sell ratings
6/8/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/6/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
12/5/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
3/5/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/3/2022
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/1/2022
  • 0 strong buy ratings
  • 11 buy ratings
  • 3 hold ratings
  • 1 sell ratings
10/31/2022
  • 0 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 1 sell ratings
11/30/2022

Latest Recommendations

  • 0 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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 11/30/2017 forward)

News Sentiment Rating

0.33 (Hold)

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
  • 3 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/4/2022
  • 3 very positive mentions
  • 15 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
6/3/2022
  • 4 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/3/2022
  • 4 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/2/2022
  • 3 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/1/2022
  • 4 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/1/2022
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
10/31/2022
  • 5 very positive mentions
  • 25 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
11/30/2022

Current Sentiment

  • 5 very positive mentions
  • 25 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Warner Music Group logo
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company 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 100,000 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: $34.26
Low: $32.92
High: $34.37

50 Day Range

MA: $26.17
Low: $22.35
High: $32.90

52 Week Range

Now: $34.26
Low: $21.57
High: $44.64

Volume

70,962 shs

Average Volume

1,083,160 shs

Market Capitalization

$17.64 billion

P/E Ratio

32.32

Dividend Yield

1.96%

Beta

1.55

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: Bank of America Co., Barclays PLC, Citigroup Inc., Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Guggenheim, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Redburn Partners, The Goldman Sachs Group, Inc., TheStreet, Tigress Financial, and Truist Financial Co..
View the latest analyst ratings for WMG.

What is the current price target for Warner Music Group?

12 Wall Street analysts have set twelve-month price targets for Warner Music Group in the last year. Their average twelve-month price target is $37.00, suggesting a possible upside of 12.5%. Tigress Financial has the highest price target set, predicting WMG will reach $52.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $27.00 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, 2 hold ratings and 10 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe WMG will outperform the market and that investors should add to their positions of Warner Music Group.
View the latest ratings for WMG.

What other companies compete with Warner Music Group?

Other companies that are similar to Warner Music Group include Live Nation Entertainment, Endeavor Group, FOX, Trip.com Group and FOX. Learn More about companies similar to 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.