WBD Breaks Out to 52-Week High as Momentum Builds

$Warner Bros. Discovery(WBD)$

Surged +4.41%: Media Giant Hits New 52-Week High at $28.16, Momentum Accelerating

Latest Close Data

WBD closed at $27.23 on December 9, 2025 EST, gaining +4.41% (+$1.15) from previous session. The stock achieved a new 52-week high of $28.16, representing a remarkable 274% recovery from its 52-week low of $7.52.

Core Market Drivers

Strong institutional buying momentum drove today's rally with net inflows of $130M over 5 days.

Heavy trading volume of 167M shares (2.44x average) signals renewed investor confidence in WBD's streaming strategy and debt reduction initiatives under CEO David Zaslav's leadership.

Technical Analysis

MACD shows bullish momentum with DIF at 1.23 crossing above DEA at 1.01, generating strong buy signal (MACD: +0.43).
RSI readings are elevated: RSI-6 at 91.6 (overbought territory), RSI-12 at 82.8, signaling potential short-term consolidation despite underlying strength.
KDJ indicators confirm bullish trend with K-line at 87.8.

Key Price Levels

Primary Support: $22.93 (December 5 low)
Strong Resistance: $28.16 (current 52-week high)
Immediate Pivot: $26.84 (today's low)

Valuation Perspective

Current P/E TTM of 140.27x appears elevated but reflects recovery from previous losses.

P/S ratio of 1.78x remains reasonable for media sector standards. Forward P/E of 78.06 suggests earnings growth expectations.

Analyst Targets

19 institutions provide coverage with average target of $23.79 (range: $10.00-$30.00).

Rating distribution: 5 Strong Buy, 8 Buy, 12 Hold, indicating cautious optimism despite recent gains.

Weekly Outlook

Expect potential consolidation between $25.50-$28.50 range as RSI cools from overbought levels.

Break above $28.16 targets $30.00 zone, while failure to hold $25.00 could trigger pullback to $22.93 support.

Risk Disclaimer

This analysis is for informational purposes only and should not be considered as investment advice. Past performance does not guarantee future results.

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