NASDAQ:WMG - Warner Music Group Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $34.73
  • Forecasted Upside: -10.34 %
  • Number of Analysts: 15
  • Breakdown:
  • 0 Sell Ratings
  • 8 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$38.74
▲ +0.16 (0.41%)
1 month | 3 months | 12 months
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Analyst Price Target for WMG

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$34.73
▼ -10.34% Downside Potential
This price target is based on 15 analysts offering 12 month price targets for Warner Music Group in the last 3 months. The average price target is $34.73, with a high forecast of $40.00 and a low forecast of $23.00. The average price target represents a -10.34% upside from the last price of $38.74.
Hold
The current consensus among 15 investment analysts is to hold stock in Warner Music Group.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/2/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/31/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/29/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/28/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings
7/27/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings
10/25/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings
12/24/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings
1/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/11/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral$37.00Medium
i
1/6/2021TruistBoost Price Target$35.00 ➝ $40.00N/A
i
12/17/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$40.00High
i
11/24/2020Morgan StanleyBoost Price TargetEqual Weight$34.00 ➝ $35.00Medium
i
Rating by Benjamin Swinburne at Morgan Stanley
11/13/2020Morgan StanleyBoost Price TargetEqual Weight$33.00 ➝ $34.00Low
i
8/6/2020BarclaysReiterated RatingHold$30.00Low
i
Rating by Kannan Venkateshwar at Barclays PLC
8/5/2020Credit Suisse GroupReiterated RatingBuy$37.00Low
i
Rating by Brian W Russo at Credit Suisse Group AG
8/5/2020Morgan StanleyBoost Price TargetEqual Weight$32.00 ➝ $33.00Medium
i
Rating by Benjamin Swinburne at Morgan Stanley
6/30/2020Tigress FinancialInitiated CoverageBuyMedium
i
6/29/2020CitigroupInitiated CoverageNeutral$33.00High
i
Rating by Jason Bazinet at Citigroup Inc.
6/29/2020Loop CapitalInitiated CoverageHold$33.00High
i
6/29/2020Morgan StanleyInitiated CoverageEqual Weight$32.00Low
i
6/29/2020SunTrust BanksInitiated CoverageBuy$35.00High
i
6/29/2020JPMorgan Chase & Co.Initiated CoverageOverweight$40.00High
i
6/29/2020BarclaysInitiated CoverageEqual Weight$28.00High
i
6/29/2020MacquarieInitiated CoverageNeutral$32.00High
i
6/29/2020Royal Bank of CanadaInitiated CoverageOutperform$40.00High
i
6/29/2020Evercore ISIInitiated CoverageOutperform$36.00High
i
6/29/2020GuggenheimInitiated CoverageBuy$36.00High
i
6/29/2020Credit Suisse GroupInitiated CoverageOutperform$37.00High
i
6/29/2020The Goldman Sachs GroupInitiated CoverageNeutral$33.00High
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6/23/2020Sanford C. BernsteinInitiated CoverageMarket Perform$33.00Low
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6/3/2020Atlantic SecuritiesInitiated CoverageNeutral$23.00Low
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(Data available from 1/24/2016 forward)
Warner Music Group logo
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, 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 the related marketing, promotion, distribution, sale, and licensing of music created by such artists. This segment also specializes in marketing its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It 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, Elektra, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin', 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 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 80,000 songwriters and composers; and a range of genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, techno, 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. Warner Music Group Corp. is a subsidiary of AI Entertainment Holdings LLC.
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Today's Range

Now: $38.74
$38.10
$39.38

50 Day Range

MA: $37.04
$34.91
$38.58

52 Week Range

Now: $38.74
$25.61
$39.38

Volume

666,366 shs

Average Volume

735,912 shs

Market Capitalization

$19.76 billion

P/E Ratio

N/A

Dividend Yield

1.24%

Beta

N/A

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: Atlantic Securities, Barclays PLC, Citigroup Inc., Credit Suisse Group AG, Evercore ISI, Guggenheim, JPMorgan Chase & Co., Loop Capital, Macquarie, Morgan Stanley, Royal Bank of Canada, Sanford C. Bernstein, SunTrust Banks, Inc., The Goldman Sachs Group, Inc., Tigress Financial, Truist, and Zacks Investment Research.

What is the current price target for Warner Music Group?

15 Wall Street analysts have set twelve-month price targets for Warner Music Group in the last year. Their average twelve-month price target is $34.73, suggesting a possible downside of 10.3%. JPMorgan Chase & Co. has the highest price target set, predicting WMG will reach $40.00 in the next twelve months. Atlantic Securities has the lowest price target set, forecasting a price of $23.00 for Warner Music Group in the next year.

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

Warner Music Group currently has 8 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in WMG, but not buy more shares or sell existing shares.

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.