$32.97
-0.14[-0.42%]
At close: Apr 19
$32.97
0[0.00%]
After Hours: 4:20PM EDT
Warner Music Gr
(NASDAQ:WMG)Warner Music Gr Stock (NASDAQ:WMG), Analyst Ratings, Price Targets, Predictions
Warner Music Group Corp has a consensus price target of $35.6, established from looking at the 72 latest analyst ratings. The last 3 analyst ratings were released from Loop Capital, Guggenheim, and Redburn Atlantic on April 18, 2024, April 5, 2024, and February 5, 2024. With an average price target of $34.67 between Loop Capital, Guggenheim, and Redburn Atlantic, there's an implied 5.15% upside for Warner Music Group Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Loop Capital
Guggenheim
Redburn Atlantic
Wells Fargo
Tigress Financial
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Warner Music Gr
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/18/2024 | WMG | Buy Now | Warner Music Gr | $32.97 | 15.26% | Loop Capital | Alan Gould | $36 → $38 | Maintains | Hold | Get Alert |
| 04/05/2024 | WMG | Buy Now | Warner Music Gr | $32.97 | 36.49% | Guggenheim | Michael Morris | $46 → $45 | Maintains | Buy | Get Alert |
| 02/05/2024 | WMG | Buy Now | Warner Music Gr | $32.97 | -36.31% | Redburn Atlantic | Agnieszka Pustula | → $21 | Upgrade | Sell → Neutral | Get Alert |
| 11/15/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 6.16% | Wells Fargo | Omar Mejias | → $35 | Initiates | → Equal-Weight | Get Alert |
| 10/18/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 57.72% | Tigress Financial | Ivan Feinseth | $52 → $52 | Reiterates | Buy → Buy | Get Alert |
| 10/03/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 12.22% | UBS | Batya Levi | $34 → $37 | Upgrade | Neutral → Buy | Get Alert |
| 09/22/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 3.12% | Citigroup | Jason Bazinet | $34 → $34 | Reiterates | Neutral → Neutral | Get Alert |
| 09/22/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 6.16% | Jefferies | Andrew Uerkwitz | $37 → $35 | Maintains | Buy | Get Alert |
| 09/21/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 12.22% | Truist Securities | Matthew Thornton | → $37 | Reiterates | Buy → Buy | Get Alert |
| 09/21/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 0.09% | Barclays | Kannan Venkateshwar | $33 → $33 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 09/21/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 21.32% | JP Morgan | Sebastiano Petti | $40 → $40 | Reiterates | Overweight → Overweight | Get Alert |
| 08/18/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 12.22% | Truist Securities | Matthew Thornton | $32 → $37 | Maintains | Buy | Get Alert |
| 08/16/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 3.12% | Citigroup | Jason Bazinet | $29 → $34 | Maintains | Neutral | Get Alert |
| 08/14/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 15.26% | Evercore ISI Group | Vijay Jayant | $35 → $38 | Maintains | Outperform | Get Alert |
| 08/10/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 21.32% | Goldman Sachs | Stephen Laszczyk | $35 → $40 | Maintains | Buy | Get Alert |
| 08/09/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 21.32% | Deutsche Bank | Benjamin Black | $36 → $40 | Maintains | Buy | Get Alert |
| 08/09/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 0.09% | Barclays | Kannan Venkateshwar | $30 → $33 | Maintains | Equal-Weight | Get Alert |
| 08/09/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 21.32% | Goldman Sachs | Stephen Laszczyk | $35 → $40 | Maintains | Buy | Get Alert |
| 08/09/2023 | WMG | Buy Now | Warner Music Gr | $32.97 | 15.26% | Morgan Stanley | Benjamin Swinburne | $34 → $38 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Warner Music Gr (WMG)?
The latest price target for Warner Music Gr (NASDAQ: WMG) was reported by Loop Capital on April 18, 2024. The analyst firm set a price target for $38.00 expecting WMG to rise to within 12 months (a possible 15.26% upside). 31 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Warner Music Gr (WMG)?
The latest analyst rating for Warner Music Gr (NASDAQ: WMG) was provided by Loop Capital, and Warner Music Gr maintained their hold rating.
When was the last upgrade for Warner Music Gr (WMG)?
The last upgrade for Warner Music Group Corp happened on February 5, 2024 when Redburn Atlantic raised their price target to $21. Redburn Atlantic previously had a sell for Warner Music Group Corp.
When was the last downgrade for Warner Music Gr (WMG)?
The last downgrade for Warner Music Group Corp happened on June 2, 2023 when Atlantic Equities changed their price target from $39 to $26 for Warner Music Group Corp.
When is the next analyst rating going to be posted or updated for Warner Music Gr (WMG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Warner Music Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Warner Music Gr was filed on April 18, 2024 so you should expect the next rating to be made available sometime around April 18, 2025.
Is the Analyst Rating Warner Music Gr (WMG) correct?
While ratings are subjective and will change, the latest Warner Music Gr (WMG) rating was a maintained with a price target of $36.00 to $38.00. The current price Warner Music Gr (WMG) is trading at is $32.97, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.