Warner Music Group Corp
NASDAQ:WMG

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Warner Music Group Corp
NASDAQ:WMG
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Price: 31.16 USD 1.4% Market Closed
Market Cap: 16.1B USD
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Wall Street
Price Targets

WMG Price Targets Summary
Warner Music Group Corp

Wall Street analysts forecast WMG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for WMG is 36.55 USD with a low forecast of 23.23 USD and a high forecast of 46.2 USD.

Lowest
Price Target
23.23 USD
25% Downside
Average
Price Target
36.55 USD
17% Upside
Highest
Price Target
46.2 USD
48% Upside

WMG Last Price Targets
Warner Music Group Corp

The latest public price target was made on Oct 11, 2024 by Tim Nollen from Macquarie , who expects WMG stock to drop by 4% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Tim Nollen
Macquarie
30 USD
Downside 4%
2 months ago
Oct 11, 2024
Warner Music price target lowered to $30 from $32 at Macquarie
TheFly
Ivan Feinseth
Tigress Financial
44 USD
Upside 41%
3 months ago
Sep 12, 2024
Warner Music Group (WMG) PT Raised to $44 at Tigress Financial Partners, 'potential return with dividends of over 60% from current levels'
StreetInsider
Jason Bazinet
Citigroup
31 USD
Downside 1%
4 months ago
Aug 14, 2024
Warner Music Group (WMG) PT Lowered to $31 at Citi
StreetInsider
Tim Nollen
Macquarie
32 USD
Upside 3%
4 months ago
Jul 31, 2024
Warner Music price target lowered to $32 from $36 at Macquarie
TheFly
Devin Brisco
Wolfe Research
37 USD
Upside 19%
5 months ago
Jul 11, 2024
Warner Music initiated with an Outperform at Wolfe Research
TheFly
Ken Leon
CFRA
32 USD
Upside 3%
6 months ago
Jun 5, 2024
CFRA Upgrades Warner Music Group (WMG) to Hold
StreetInsider
Benjamin Swinburne
Morgan Stanley
43 USD
Upside 38%
7 months ago
May 6, 2024
Morgan Stanley Resumes Warner Music Group (WMG) at Overweight, 'Naming WMG our Top Pick in M&E'
StreetInsider
Alan Gould
Loop Capital Markets
38 USD
Upside 22%
8 months ago
Apr 18, 2024
Warner Music Group (WMG) PT Raised to $38 at Loop Capital
StreetInsider
Michael Morris
Guggenheim
45 USD
Upside 44%
8 months ago
Apr 5, 2024
Warner Music price target lowered to $45 from $46 at Guggenheim
TheFly
Ken Leon
CFRA
30 USD
Downside 4%
9 months ago
Mar 21, 2024
Warner Music Group (WMG) PT Lowered to $30 at CFRA
StreetInsider
Matthew Thornton
Truist Financial
37 USD
Upside 19%
1 year ago
Sep 21, 2023
Warner Music Group Faces Distribution Shift - Analysts Are Bullish On Long-Term Growth Prospects
Benzinga
Sebastiano Petti
J.P. Morgan
40 USD
Upside 28%
1 year ago
Sep 21, 2023
Warner Music Group Faces Distribution Shift - Analysts Are Bullish On Long-Term Growth Prospects
Benzinga
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Tim Nollen
Macquarie
Price Target 30 USD
Upside/Downside 4%
View Source
Ivan Feinseth
Tigress Financial
Price Target 44 USD
Upside/Downside 41%
View Source
Jason Bazinet
Citigroup
Price Target 31 USD
Upside/Downside 1%
View Source
Tim Nollen
Macquarie
Price Target 32 USD
Upside/Downside 3%
View Source
Devin Brisco
Wolfe Research
Price Target 37 USD
Upside/Downside 19%
View Source
Ken Leon
CFRA
Price Target 32 USD
Upside/Downside 3%
View Source
Benjamin Swinburne
Morgan Stanley
Price Target 43 USD
Upside/Downside 38%
View Source
Alan Gould
Loop Capital Markets
Price Target 38 USD
Upside/Downside 22%
View Source
Michael Morris
Guggenheim
Price Target 45 USD
Upside/Downside 44%
View Source
Ken Leon
CFRA
Price Target 30 USD
Upside/Downside 4%
View Source
Matthew Thornton
Truist Financial
Price Target 37 USD
Upside/Downside 19%
View Source
Sebastiano Petti
J.P. Morgan
Price Target 40 USD
Upside/Downside 28%
View Source
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Revenue
Forecast

Revenue Estimate
Warner Music Group Corp

For the last 8 years the compound annual growth rate for Warner Music Group Corp's revenue is 9%. The projected CAGR for the next 3 years is 6%.

9%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Warner Music Group Corp

For the last 8 years the compound annual growth rate for Warner Music Group Corp's operating income is 21%. The projected CAGR for the next 3 years is 14%.

21%
Past Growth
14%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

Net Income
Forecast

Net Income Estimate
Warner Music Group Corp

For the last 8 years the compound annual growth rate for Warner Music Group Corp's net income is 43%. The projected CAGR for the next 3 years is 29%.

43%
Past Growth
29%
Estimated Growth
Estimates Accuracy
-5%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is WMG's stock price target?
Price Target
36.55 USD

According to Wall Street analysts, the average 1-year price target for WMG is 36.55 USD with a low forecast of 23.23 USD and a high forecast of 46.2 USD.

What is Warner Music Group Corp's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Warner Music Group Corp's revenue is 9%. The projected CAGR for the next 3 years is 6%.

What is Warner Music Group Corp's Operating Income forecast?
Projected CAGR
14%

For the last 8 years the compound annual growth rate for Warner Music Group Corp's operating income is 21%. The projected CAGR for the next 3 years is 14%.

What is Warner Music Group Corp's Net Income forecast?
Projected CAGR
29%

For the last 8 years the compound annual growth rate for Warner Music Group Corp's net income is 43%. The projected CAGR for the next 3 years is 29%.

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