Warner Bros. Discovery Breaks Out Toward $30
$Warner Bros. Discovery(WBD)$
WARNER BROS DISCOVERY INC(WBD) Rallies +3.53%: Breaks Key Resistance, Eyeing $30 High
Latest Close Data
Closed at $28.75 (Dec 23, 2025), up +3.53% from the previous close of $27.77. The stock is now just $1.25 (4.2%) away from its 52-week high of $30.00.
Core Market Drivers
The media giant continues to execute on its restructuring and streaming integration strategy, aiming to improve profitability.
Recent positive sentiment may be tied to broader market optimism around the entertainment sector's recovery from prior debt concerns.
Technical Analysis
Volume of 46M shares shows solid participation.
The MACD (DIF: 1.62, DEA: 1.70, MACD: -0.17) remains in negative territory but is flattening, suggesting selling pressure may be easing.
The RSI (12-period: 67.33) is in neutral-bullish territory, not yet overbought, supporting room for further upside.
Key Price Levels
Primary Support: $27.71 (recent swing low)
Immediate Pivot: $28.75 (today's close and new breakout level)
Strong Resistance: $30.00 (52-week high, key psychological barrier)
Valuation Perspective
Trailing P/E is elevated at 148.1, reflecting high market expectations for future earnings growth.
The P/S ratio of 1.88 is more moderate and may be compared to peers in the media industry.
Analyst Targets
Based on 17 analysts: Average target price is $27.66 (slightly below current price), with a range of $20.0 to $35.0.
The consensus recommendation leans "Hold" (11 Hold, 7 Buy, 3 Strong Buy, 1 Underperform).
Weekly Outlook
Expect consolidation near the $28.75 pivot. A successful hold above this level could fuel a test of the $30.00 resistance next week.
A failure and break below $27.71 could see a pullback towards $26.50.
Risk Disclaimer
This analysis is for informational purposes only and not financial advice. Trading involves significant risk of loss. Past performance is not indicative of future results. Always conduct your own research and consider your financial situation before investing.
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