Warner Bros (WBD) Receives a Buy from Citi

In a report released yesterday, Jason Bazinet from Citi maintained a Buy rating on Warner Bros, with a price target of $25.00. The company’s shares closed yesterday at $17.78.

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Bazinet covers the Communication Services sector, focusing on stocks such as AppLovin, Spotify, and Roblox. According to TipRanks, Bazinet has an average return of 19.1% and a 65.22% success rate on recommended stocks.

In addition to Citi, Warner Bros also received a Buy from Guggenheim’s Michael Morris in a report issued on October 8. However, on October 7, Barclays maintained a Hold rating on Warner Bros (NASDAQ: WBD).

The company has a one-year high of $20.24 and a one-year low of $7.25. Currently, Warner Bros has an average volume of 66.02M.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WBD in relation to earlier this year. Most recently, in August 2025, Anton Levy, a Director at WBD bought 325,000.00 shares for a total of $3,550,000.00.