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Warner Music Gr
WMGNASDAQ
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Warner Music Gr (NASDAQ:WMG) Stock, Analyst Ratings, Price Targets, Forecasts
Warner Music Group Corp has a consensus price target of $37.13 based on the ratings of 24 analysts. The high is $52 issued by Tigress Financial on October 18, 2023. The low is $23 issued by Redburn Atlantic on July 10, 2024. The 3 most-recent analyst ratings were released by Jefferies, Redburn Atlantic, and Morgan Stanley on July 11, 2024, July 10, 2024, and May 10, 2024, respectively. With an average price target of $34 between Jefferies, Redburn Atlantic, and Morgan Stanley, there's an implied 6.25% upside for Warner Music Group Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
Redburn Atlantic
Morgan Stanley
Loop Capital
Guggenheim
1calculated from analyst ratings
Analyst Ratings for Warner Music Gr
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/11/2024 | Buy Now | 18.75% | Jefferies | Andrew Uerkwitz | $43 → $38 | Assumes | Buy → Buy | Get Alert |
| 07/10/2024 | Buy Now | -28.13% | Redburn Atlantic | Agnieszka Pustula | → $23 | Downgrade | Neutral → Sell | Get Alert |
| 05/10/2024 | Buy Now | 28.13% | Morgan Stanley | Benjamin Swinburne | $43 → $41 | Maintains | Overweight | Get Alert |
| 04/18/2024 | Buy Now | 18.75% | Loop Capital | Alan Gould | $36 → $38 | Maintains | Hold | Get Alert |
| 04/05/2024 | Buy Now | 40.63% | Guggenheim | Michael Morris | $46 → $45 | Maintains | Buy | Get Alert |
| 02/05/2024 | Buy Now | -34.38% | Redburn Atlantic | Agnieszka Pustula | → $21 | Upgrade | Sell → Neutral | Get Alert |
| 11/15/2023 | Buy Now | 9.38% | Wells Fargo | Omar Mejias | → $35 | Initiates | → Equal-Weight | Get Alert |
| 10/18/2023 | Buy Now | 62.5% | Tigress Financial | Ivan Feinseth | $52 → $52 | Reiterates | Buy → Buy | Get Alert |
| 10/03/2023 | Buy Now | 15.63% | UBS | Batya Levi | $34 → $37 | Upgrade | Neutral → Buy | Get Alert |
| 09/22/2023 | Buy Now | 6.25% | Citigroup | Jason Bazinet | $34 → $34 | Reiterates | Neutral → Neutral | Get Alert |
| 09/22/2023 | Buy Now | 9.38% | Jefferies | Andrew Uerkwitz | $37 → $35 | Maintains | Buy | Get Alert |
| 09/21/2023 | Buy Now | 15.63% | Truist Securities | Matthew Thornton | → $37 | Reiterates | Buy → Buy | Get Alert |
| 09/21/2023 | Buy Now | 3.13% | Barclays | Kannan Venkateshwar | $33 → $33 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
| 09/21/2023 | Buy Now | 25% | JP Morgan | Sebastiano Petti | $40 → $40 | Reiterates | Overweight → Overweight | Get Alert |
| 08/18/2023 | Buy Now | 15.63% | Truist Securities | Matthew Thornton | $32 → $37 | Maintains | Buy | Get Alert |
| 08/16/2023 | Buy Now | 6.25% | Citigroup | Jason Bazinet | $29 → $34 | Maintains | Neutral | Get Alert |
| 08/14/2023 | Buy Now | 18.75% | Evercore ISI Group | Vijay Jayant | $35 → $38 | Maintains | Outperform | Get Alert |
| 08/10/2023 | Buy Now | 25% | Goldman Sachs | Stephen Laszczyk | $35 → $40 | Maintains | Buy | Get Alert |
| 08/09/2023 | Buy Now | 25% | Deutsche Bank | Benjamin Black | $36 → $40 | Maintains | Buy | Get Alert |
| 08/09/2023 | Buy Now | 3.13% | Barclays | Kannan Venkateshwar | $30 → $33 | Maintains | Equal-Weight | Get Alert |
| 08/09/2023 | Buy Now | 25% | Goldman Sachs | Stephen Laszczyk | $35 → $40 | Maintains | Buy | Get Alert |
| 08/09/2023 | Buy Now | 18.75% | Morgan Stanley | Benjamin Swinburne | $34 → $38 | Maintains | Overweight | Get Alert |
| 07/25/2023 | Buy Now | 18.75% | TD Cowen | Doug Creutz | → $38 | Initiates | → Outperform | Get Alert |
| 07/13/2023 | Buy Now | 6.25% | Morgan Stanley | Benjamin Swinburne | $32 → $34 | Maintains | Overweight | Get Alert |
| 06/29/2023 | Buy Now | -9.38% | UBS | Batya Levi | → $29 | Initiates | → Neutral | Get Alert |
| 06/02/2023 | Buy Now | -18.75% | Atlantic Equities | Hamilton Faber | $39 → $26 | Downgrade | Overweight → Neutral | Get Alert |
| 05/23/2023 | Buy Now | -9.38% | Citigroup | Jason Bazinet | $35 → $29 | Maintains | Neutral | Get Alert |
| 05/16/2023 | Buy Now | — | Truist Securities | Matthew Thornton | $37 → $32 | Maintains | Buy | Get Alert |
| 05/12/2023 | Buy Now | -25% | JMP Securities | Jonathan Wolleben | $25 → $24 | Maintains | Outperform | Get Alert |
| 05/11/2023 | Buy Now | 9.38% | Goldman Sachs | Stephen Laszczyk | $39 → $35 | Maintains | Buy | Get Alert |
| 05/11/2023 | Buy Now | — | Morgan Stanley | Benjamin Swinburne | $38 → $32 | Maintains | Overweight | Get Alert |
| 05/10/2023 | Buy Now | — | Credit Suisse | Douglas Mitchelson | $36 → $32 | Maintains | Outperform | Get Alert |
| 04/25/2023 | Buy Now | 25% | JP Morgan | Sebastiano Petti | $42 → $40 | Maintains | Overweight | Get Alert |
| 04/21/2023 | Buy Now | 18.75% | Morgan Stanley | Benjamin Swinburne | $41 → $38 | Maintains | Overweight | Get Alert |
| 04/14/2023 | Buy Now | 6.25% | Barclays | Kannan Venkateshwar | $35 → $34 | Maintains | Equal-Weight | Get Alert |
| 03/22/2023 | Buy Now | 12.5% | Guggenheim | Michael Morris | $35 → $36 | Upgrade | Neutral → Buy | Get Alert |
| 02/13/2023 | Buy Now | 12.5% | Credit Suisse | Douglas Mitchelson | → $36 | Reiterates | → Outperform | Get Alert |
| 02/10/2023 | Buy Now | 21.88% | Goldman Sachs | Stephen Laszczyk | $35 → $39 | Maintains | Buy | Get Alert |
| 01/23/2023 | Buy Now | 9.38% | Barclays | Kannan Venkateshwar | → $35 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 01/17/2023 | Buy Now | 15.63% | Truist Securities | Matthew Thornton | $39 → $37 | Maintains | Buy | Get Alert |
| 01/13/2023 | Buy Now | 9.38% | Guggenheim | Michael Morris | → $35 | Downgrade | Buy → Neutral | Get Alert |
| 12/20/2022 | Buy Now | 9.38% | Citigroup | Jason Bazinet | $26 → $35 | Maintains | Neutral | Get Alert |
| 12/19/2022 | Buy Now | 28.13% | Morgan Stanley | Benjamin Swinburne | $38 → $41 | Maintains | Overweight | Get Alert |
| 12/19/2022 | Buy Now | 28.13% | Atlantic Equities | Hamilton Faber | $34 → $41 | Upgrade | Neutral → Overweight | Get Alert |
| 11/25/2022 | Buy Now | 18.75% | Morgan Stanley | Benjamin Swinburne | $31 → $38 | Maintains | Overweight | Get Alert |
| 11/23/2022 | Buy Now | 3.13% | B of A Securities | Jessica Reif Cohen | → $33 | Upgrade | Underperform → Neutral | Get Alert |
| 11/23/2022 | Buy Now | 12.5% | Credit Suisse | Douglas Mitchelson | $43 → $36 | Maintains | Outperform | Get Alert |
| 11/23/2022 | Buy Now | 9.38% | Barclays | Kannan Venkateshwar | $30 → $35 | Maintains | Overweight | Get Alert |
| 10/24/2022 | Buy Now | -6.25% | Deutsche Bank | Benjamin Black | $35 → $30 | Maintains | Buy | Get Alert |
| 10/11/2022 | Buy Now | -3.13% | Morgan Stanley | Benjamin Swinburne | $34 → $31 | Maintains | Overweight | Get Alert |
| 10/11/2022 | Buy Now | — | Goldman Sachs | Stephen Laszczyk | → $32 | Initiates | → Buy | Get Alert |
| 08/10/2022 | Buy Now | 12.5% | RBC Capital | Kutgun Maral | $42 → $36 | Maintains | Outperform | Get Alert |
| 07/25/2022 | Buy Now | 6.25% | Morgan Stanley | Benjamin Swinburne | $37 → $34 | Maintains | Overweight | Get Alert |
| 07/20/2022 | Buy Now | 9.38% | Truist Securities | Matthew Thornton | $40 → $35 | Maintains | Buy | Get Alert |
| 07/13/2022 | Buy Now | 6.25% | JP Morgan | Sebastiano Petti | $40 → $34 | Maintains | Overweight | Get Alert |
| 07/07/2022 | Buy Now | -15.63% | Citigroup | Jason Bazinet | $31 → $27 | Maintains | Neutral | Get Alert |
| 07/05/2022 | Buy Now | 3.13% | Barclays | Kannan Venkateshwar | $37 → $33 | Maintains | Overweight | Get Alert |
| 06/03/2022 | Buy Now | 6.25% | Guggenheim | Michael Morris | $30 → $34 | Maintains | Buy | Get Alert |
| 05/17/2022 | Buy Now | -3.13% | Citigroup | Jason Bazinet | $41 → $31 | Maintains | Neutral | Get Alert |
| 05/11/2022 | Buy Now | 15.63% | Morgan Stanley | Benjamin Swinburne | $40 → $37 | Maintains | Overweight | Get Alert |
| 05/11/2022 | Buy Now | 15.63% | Barclays | Kannan Venkateshwar | $49 → $37 | Maintains | Overweight | Get Alert |
| 05/09/2022 | Buy Now | 25% | Morgan Stanley | Benjamin Swinburne | $50 → $40 | Maintains | Overweight | Get Alert |
| 04/25/2022 | Buy Now | — | Redburn Partners | Nick Delfas | — | Downgrade | Neutral → Sell | Get Alert |
| 03/11/2022 | Buy Now | 31.25% | Deutsche Bank | Benjamin Black | → $42 | Initiates | → Buy | Get Alert |
| 02/09/2022 | Buy Now | 40.63% | Credit Suisse | Meghan Durkin | $50 → $45 | Maintains | Outperform | Get Alert |
| 01/04/2022 | Buy Now | 56.25% | Jefferies | Andrew Uerkwitz | $41 → $50 | Upgrade | Hold → Buy | Get Alert |
| 12/22/2021 | Buy Now | 62.5% | Tigress Financial | Ivan Feinseth | $48 → $52 | Maintains | Buy | Get Alert |
| 12/13/2021 | Buy Now | — | Redburn Partners | Nick Delfas | — | Upgrade | Sell → Neutral | Get Alert |
| 11/26/2021 | Buy Now | 56.25% | Credit Suisse | Meghan Durkin | — | Maintains | Outperform | Get Alert |
| 11/19/2021 | Buy Now | 53.13% | Citigroup | — | — | Maintains | Neutral | Get Alert |
| 11/16/2021 | Buy Now | 31.25% | B of A Securities | Jessica Reif Cohen | — | Downgrade | Buy → Underperform | Get Alert |
| 09/23/2021 | Buy Now | 50% | Barclays | Kannan Venkateshwar | — | Upgrade | Equal-Weight → Overweight | Get Alert |
| 09/21/2021 | Buy Now | 50% | Credit Suisse | Meghan Durkin | — | Upgrade | Neutral → Outperform | Get Alert |
FAQ
What is the target price for Warner Music Gr (WMG) stock?
The latest price target for Warner Music Gr (NASDAQ:WMG) was reported by Jefferies on July 11, 2024. The analyst firm set a price target for $38.00 expecting WMG to rise to within 12 months (a possible 18.75% upside). 23 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 Jefferies, and Warner Music Gr their buy 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 July 10, 2024 when Redburn Atlantic changed their price target from N/A to $23 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 July 11, 2024 so you should expect the next rating to be made available sometime around July 11, 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 with a price target of $43.00 to $38.00. The current price Warner Music Gr (WMG) is trading at is $32.00, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.