WBD Warner Bros. Discovery, Inc.

bearish 1/3 shifts correct ↓ $27.03 -0.07 (-0.3%)
Mkt Cap $69B 52wk $8.83 - $30.00 9d ago
Factor divergence: DIVERGENCE: estimate_revisions, insider_activity bullish vs analyst_revisions bearish
Est. revisions: -22.7% (2 up, 6 down in 30d)
Factor Model (net +1.0)

Factor Model

net +1.0 5.2 / 10
Est. Revisions
+0.9
Insider Activity
+0.5
Momentum
-0.0
Analyst Rev.
-0.8
Narrative Gap
+0.0

Paul Tudor Jones Buys $194M WBD Shares

Watch: Monitor subscriber growth and streaming profit updates, plus merger progress, as key volume and earnings catalysts.

Paul Tudor Jones' Tudor Investment bought 7.06 million Warner Bros. Discovery shares valued at $193.7 million in May 2026. WBD's streaming division swung from over $2 billion losses in 2022 to a $1.4 billion profit in 2025, a $3.4 billion positive swing. Subscribers grew from 95 million to nearly 145 million, surpassing Q1 guidance, with management targeting over 150 million by year-end.

The turning streaming profitability and subscriber growth underlie a fundamental shift, attracting top hedge fund buyers and signaling a potential durable turnaround for WBD.

Evidence

9d ago Paul Tudor Jones’ Hedge Fund Buys 7 Million Shares of Warner Bros. Discovery. The WBD Stock Turnaround Could Finally Be Here. yahoo-finance
23d ago Paramount Skydance-WBD Merger: $2.9 Billion Loss, Netflix 'Termination Fee' And Tech Overhaul benzinga
23d ago UBS main WBD: Neutral → Neutral
24d ago Guggenheim reit WBD: Neutral → Neutral
30d ago These Low IV Stocks May Be Setting Up for an Explosive Move yahoo-finance
32d ago Henry Schein Inc. (HSIC): David Einhorn Is Buying This Health Stock yahoo-finance
32d ago Paramount seeks FCC approval for foreign investors in Warner Bros. deal yahoo-finance
34d ago Why A Potential Warner Bros Merger Is So Messy yahoo-finance
7 older signals
35d ago Chris Murphy Vows To Break Up Media Giants Amid Paramount-Warner Bros. Discovery Merger Backlash
37d ago Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giant
38d ago Warner Bros. investors approve $110 billion sale to Paramount Skydance, following long battle with Netflix
40d ago Cathie Wood Buys the Netflix Dip: Should You?
42d ago Netflix’s Q1 Dip Is a Buying Opportunity—Here’s the Bull Case
46d ago Warner Bros Discovery Bets Big On India With HBO Max
47d ago Ross Gerber Rips $24 Billion Saudi-Funded Hollywood Push, Questions Paramount Skydance–Warner Bros. Discovery Megamerger
Fundamentals & Data ▾
Warner Bros. Discovery, Inc. Communication Services · Entertainment
Mkt Cap
$69B
Beta
1.57
52w Range
$8.83 - $30.00
Short Interest
59.4M 2.37%
Days to Cover
2.9 -0%
Technicals downtrend
vs 20d MA
-0.2%
from 52w Hi
-1.9%
Vol (20d)
9%
1w return
+0.2%
1m return
+0.5%
Vol ratio
1.0x
Insiders
selling 0B / 11S
Analysts
mixed
EPS Estimate
$-0.08 -22.7% 30d 2up / 6dn
Est. Dispersion
522% 12 analysts
Analyst Target
$30 $26 - $31
Options P/C
34.30
Fund Convergence
strong Citadel, Renaissance, D.E. Shaw, Bridgewater, Soros
Financials
Revenue
$8.9B -1% YoY
FCF
$-476M
Gross Margin
48%
Op Margin
6%
Momentum: decelerating
Top Holders
Citadel $778M
Renaissance $106M
D.E. Shaw $106M
Bridgewater $12M
Soros $4M
Track Record (1/3 correct) ▾

Direction History

1/3 correct at 5 days
2026-04-29 bearish +0.6% ✗
2026-04-24 bullish -0.4% ✗
2026-04-14 bearish -0.2% ✓
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15 signals · latest 9d ago

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