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Warner Music Group Corp has a consensus price target of $35.46 based on the ratings of 25 analysts. The high is $45 issued by Credit Suisse on February 9, 2022. The low is $23 issued by Redburn Atlantic on July 10, 2024. The 3 most-recent analyst ratings were released by Guggenheim, Citigroup, and Loop Capital on December 4, 2024, November 29, 2024, and November 25, 2024, respectively. With an average price target of $37.67 between Guggenheim, Citigroup, and Loop Capital, there's an implied 21.74% upside for Warner Music Group Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Warner Music Gr (NASDAQ:WMG) was reported by Guggenheim on December 4, 2024. The analyst firm set a price target for $44.00 expecting WMG to rise to within 12 months (a possible 42.21% upside). 21 analyst firms have reported ratings in the last year.
The latest analyst rating for Warner Music Gr (NASDAQ:WMG) was provided by Guggenheim, and Warner Music Gr reiterated their buy rating.
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.
The last downgrade for Warner Music Group Corp happened on October 4, 2024 when B of A Securities changed their price target from $33 to $30 for Warner Music Group Corp.
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 December 4, 2024 so you should expect the next rating to be made available sometime around December 4, 2025.
While ratings are subjective and will change, the latest Warner Music Gr (WMG) rating was a reiterated with a price target of $44.00 to $44.00. The current price Warner Music Gr (WMG) is trading at is $30.94, which is out of the analyst’s predicted range.
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