Warner Music Group Corp.

WMGNASDAQCommunication ServicesEntertainment

$30.29- (-)1Y −4.98%

As of Oct 26, 2026 close

Market cap: $16.26B
P/E (TTM): 24.20
Forward P/E: 13.28
Dividend yield: 2.43%
52-week range: $23.34$35.42
Volume (live): -
Avg. volume (3M): 2.34M

Warner Music Group Corp. (WMG) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Warner Music Group Corp. stock.

Analyst Consensus Rating

Investment consensus from 11 professional research analysts

Consensus Rating

Buy

Based on 11 unique analysts

(13 total ratings in last 90 days)

High Confidence∞:1 Buy/Sell

Average Price Target

$37.73

+24.56% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest WMG Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 1, 2026	Batya Levi	UBS	Reiterates	Buy	$42.00 → $43.00 +1.00 (+2.4%)
Sep 30, 2026	Jessica Reif Ehrlich	BofA Securities	Reiterates	Hold	$30.00
Sep 29, 2026	Michael Morris	Guggenheim	Maintains	Buy	$36.00
Sep 9, 2026	Cameron Mansson-Perrone	Morgan Stanley	Maintains	Buy	$36.00
Aug 11, 2026	David Karnovsky	JP Morgan	Maintains	Buy	$40.00
Aug 10, 2026	David Karnovsky	JP Morgan	Maintains	Buy	$40.00
Aug 7, 2026	Omar Mejias	Wells Fargo	Maintains	Buy	$39.00
Aug 7, 2026	Kutgun Maral	Evercore ISI Group	Maintains	Buy	$43.00
Aug 6, 2026	Ian S. Moore	Bernstein	Maintains	Buy	$39.00
Aug 6, 2026	Doug Creutz	TD Cowen	Reiterates	Buy	$46.00
Aug 6, 2026	Omar Mejias	Wells Fargo	Maintains	Buy	$39.00
Aug 4, 2026	Kannan Venkateshwar	Barclays	Maintains	Hold	$31.00
Aug 3, 2026	Stephen Laszczyk	Goldman Sachs	Maintains	Hold	$32.00

Batya Levi

UBS

BuyReiterates

$42.00 → $43.00

Oct 1

Jessica Reif Ehrlich

BofA Securities

HoldReiterates

$30.00

Sep 30

Michael Morris

Guggenheim

BuyMaintains

$36.00

Sep 29

Cameron Mansson-Perrone

Morgan Stanley

BuyMaintains

$36.00

Sep 9

David Karnovsky

JP Morgan

BuyMaintains

$40.00

Aug 11

David Karnovsky

JP Morgan

BuyMaintains

$40.00

Aug 10

Omar Mejias

Wells Fargo

BuyMaintains

$39.00

Aug 7

Kutgun Maral

Evercore ISI Group

BuyMaintains

$43.00

Aug 7

Ian S. Moore

Bernstein

BuyMaintains

$39.00

Aug 6

Doug Creutz

TD Cowen

BuyReiterates

$46.00

Aug 6

Omar Mejias

Wells Fargo

BuyMaintains

$39.00

Aug 6

Kannan Venkateshwar

Barclays

HoldMaintains

$31.00

Aug 4

Stephen Laszczyk

Goldman Sachs

HoldMaintains

$32.00

Aug 3

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 1, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for WMG?

The analyst consensus rating for WMG is Buy, based on the latest ratings from 11 analysts over the last 90 days.

What is the average price target for WMG?

The average 12-month price target for WMG is $37.73, representing an upside of 24.6% from the Oct 26, 2026 close of $30.29.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.