<div id="readability-page-1"><p>Warner Bros. Discovery, Inc. (NASDAQ:WBD - Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 114,380,000 shares, a decrease of 17.6% from the August 15th total of 138,800,000 shares. Currently, 5.2% of the shares of the stock are short sold. Based on an average daily volume of 31,110,000 shares, the short-interest ratio is currently 3.7 days.</p><div><p><span></span><span>Get <strong>Warner Bros. Discovery</strong> alerts:</span></p></div><h2>Analysts Set New Price Targets</h2><ul><li>4 Strategic Moves Pushing Netflix Toward a Trillion-Dollar Value</li></ul><p>WBD has been the topic of a number of research analyst reports. Needham &amp; Company LLC restated a &#34;hold&#34; rating on shares of Warner Bros. Discovery in a research note on Thursday, August 8th. Morgan Stanley decreased their target price on shares of Warner Bros. Discovery from $10.00 to $9.00 and set an &#34;equal weight&#34; rating on the stock in a research note on Monday, July 29th. Sanford C. Bernstein cut Warner Bros. Discovery from an &#34;outperform&#34; rating to a &#34;market perform&#34; rating and dropped their price target for the company from $10.00 to $8.00 in a research note on Tuesday, August 13th. Wells Fargo &amp; Company lowered their target price on Warner Bros. Discovery from $9.00 to $7.00 and set an &#34;equal weight&#34; rating for the company in a report on Thursday, August 8th. Finally, Rosenblatt Securities restated a &#34;neutral&#34; rating and set a $9.00 price target on shares of Warner Bros. Discovery in a report on Friday. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of &#34;Hold&#34; and an average price target of $10.93.</p><p><b>Read Our Latest Analysis on WBD</b></p><h2>Warner Bros. Discovery Stock Performance</h2><ul><li>Akamai: AI Tailwinds Drive Edge Computing and Security Growth</li></ul><p>Shares of WBD opened at $8.49 on Friday. Warner Bros. Discovery has a one year low of $6.64 and a one year high of $12.70. The company has a market cap of $20.82 billion, a PE ratio of -6.85 and a beta of 1.48. The stock has a 50-day moving average of $7.75 and a 200-day moving average of $7.98. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.76 and a quick ratio of 0.76. </p><p>Warner Bros. Discovery (NASDAQ:WBD - Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The company reported ($4.07) EPS for the quarter, missing analysts' consensus estimates of ($0.18) by ($3.89). Warner Bros. Discovery had a negative net margin of 29.47% and a negative return on equity of 27.28%. The firm had revenue of $9.71 billion during the quarter, compared to analyst estimates of $10.07 billion. During the same period last year, the business posted ($0.51) EPS. The company's revenue was down 6.2% on a year-over-year basis. On average, equities research analysts predict that Warner Bros. Discovery will post -4.17 EPS for the current fiscal year. </p><h2>Institutional Trading of Warner Bros. Discovery</h2><ul><li>Buy, Sell, or Hold: What to Do with AMC Entertainment Stock?</li></ul><p>A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Family Firm Inc. acquired a new position in shares of Warner Bros. Discovery during the second quarter valued at about $26,000. Crewe Advisors LLC bought a new stake in Warner Bros. Discovery during the 1st quarter worth approximately $27,000. OFI Invest Asset Management lifted its holdings in shares of Warner Bros. Discovery by 45.9% in the second quarter. OFI Invest Asset Management now owns 3,879 shares of the company's stock valued at $27,000 after purchasing an additional 1,221 shares in the last quarter. First Financial Corp IN raised its position in Warner Bros. Discovery by 577.4% in the 1st quarter. First Financial Corp IN now owns 3,387 shares of the company's stock valued at $30,000 after buying an additional 2,887 shares during the last quarter. Finally, University of Texas Texas AM Investment Managment Co. purchased a new position in Warner Bros. Discovery during the 4th quarter worth $33,000. Institutional investors own 59.95% of the company's stock. </p><h2>About Warner Bros. Discovery</h2> (Get Free Report)<p>Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Warner Bros. Discovery</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>Can Celsius Stock Rebound? Analysts See 74% Upside Potential</li><li>What Is WallStreetBets and What Stocks Are They Targeting?</li><li>Kroger Stock is a Win-Win for Buy-and-Hold Investors</li><li>Best ESG Stocks: 11 Best Stocks for ESG Investing</li><li>MarketBeat Week in Review – 9/9 - 9/13</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown” <span><span>(From Paradigm Press)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MzM5?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MzM5"/></p><h2>Should you invest $1,000 in Warner Bros. Discovery right now?</h2><p>Before you consider Warner Bros. Discovery, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Warner Bros. Discovery wasn't on the list.</p><p>While Warner Bros. Discovery currently has a &#34;Hold&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

<p>Warner Bros. Discovery, Inc. (NASDAQ:WBD) experienced a 17.6% decrease in short interest in August, with total short interest at 114,380,000 shares as of August 31. This represents approximately 5.2% of the company's stock. The short-interest ratio is currently 3.7 days based on an average trading volume of 31,110,000 shares. Analysts have mixed ratings on the stock, with an average rating of "Hold" and a price target of $12.93. The company reported a quarterly EPS of -$0.07, missing estimates, and had a revenue decline of 6.2% year-over-year.</p>

Warner Bros. Discovery, Inc. (NASDAQ:WBD) Short Interest Down 17.6% in August