Streaming Adjusted EBITDA rose 63% ex-FX to $512 million, offsetting a revenue miss as the NBA loss hit Global Linear Networks and Studios, with management guiding subscriber revenue growth to accelerate into 2027. The Paramount Skydance merger stays on hold until legal proceedings end or June 1, 2027.
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WBD Coverage
Paramount Just Launched a $44 Billion Debt Sale to Buy Warner Bros.
Paramount Skydance is stacking nearly $80 billion in debt onto a freshly downgraded balance sheet, racing a $7 million daily clock, and still faces a judge who has not signed off on…
Jim Cramer Says Netflix “Too Cheap” To Overlook As Deutsche Bank Upgrades Stock To Buy
Jim Cramer used his Mad Dash segment on CNBC Tuesday morning to back Deutsche Bank’s upgrade of Netflix from hold to buy, saying he was “shocked” to see the company trading at…
Here Are Tuesday’s Top Wall Street Analyst Research Calls: AutoZone, Baker Hughes, FS KKR Capital, Kroger, Netflix, PepsiCo, Ryder Systems, SpaceX, Warner Bros. Discovery, and More
Pre-Market Stock Futures: Futures are trading modestly higher after a rough start to the third quarter’s last trading week. The song remains the same: rising interest rates and oil prices once again…
Hollywood Is Blaming AI for Its Job Losses. Merger Paperwork Says Otherwise.
Merger filings from one of Hollywood's biggest consolidations tell a very different story about job losses than the one studio executives keep repeating in public. The real culprits are hiding in the…
Paramount Skydance Rises 4% on 12-State Settlement, Warner Bros. Discovery Holds Flat as $110B Deal Nears Its Close
A 12-state antitrust settlement has cleared the last major legal obstacle to the largest media deal of the year, and Paramount Skydance shareholders are pricing it accordingly. Paramount Skydance (NASDAQ:PSKY | PSKY…
Ackman Bets $1 Billion on Netflix Redemption After $400 Million 2022 Loss
Bill Ackman lost $400 million the last time he bought Netflix and bailed within three months. Now Pershing Square just disclosed a $1 billion position, and the reasons he walked away in…
Price Prediction: One Bank Sees Netflix at $57. We See Triple That.
One major bank just slapped a brutally low price target on Netflix even as the company reports double-digit revenue growth and a $25 billion buyback. The gap between the most bearish Wall…
Warner Bros. Discovery Jumps 7%, Paramount Skydance Climbs 5% as Antitrust Settlement Talks Advance; Netflix Sits Out the Rally
Shares of Warner Bros. Discovery (NASDAQ:WBD | WBD Price Prediction) are jumping in early Monday trading on fresh reports that antitrust settlement talks tied to its pending sale are advancing. Its counterparty…
Netflix Falls 4% as Wells Fargo Cuts Rating to Underweight With $57 Target; Disney Barely Budges
Netflix (NASDAQ:NFLX | NFLX Price Prediction) stock is falling in Friday morning trading after Wells Fargo cut its rating and slashed its price target on the streaming leader. Shares are down 4%…
The Next $100 Billion of Netflix’s Value Could Come From Here, 98% Upside Ahead
Netflix shares have shed more than a third of their value over the past year, yet the company's ad business is exploding and buybacks are hitting record pace. Our proprietary model sees…
Disney Trades Well Below Wall Street’s Target. Here’s What Closes the Gap.
Disney's stock has barely moved in a year while Wall Street's consensus target sits 20% higher, and a string of earnings beats has done almost nothing to close that gap. The reason…
Netflix Has Momentum Despite Being Down in 2026. One Analyst’s Price Target Implies 70% Upside
Netflix has shed more than a third of its value while the broader market climbs, yet one Wall Street analyst sees a path back that would leave today's sellers deeply regretting their…
Netflix Falls 4% as Rate Repricing Pressures Long-Duration Growth; Disney Dips, Warner Bros. Discovery Sits Tight
Rising Treasury yields are carving a sharp divide inside the streaming sector, and not every media stock is absorbing the pressure equally. The gap between the biggest loser and the name sitting…
FuboTV Rallies 7%, Disney Ticks Up: Is the Hulu Live TV Deal Finally Getting Credit?
FuboTV is surging midday with no earnings release, no filing, and no corporate announcement to explain it. Something is shifting in how the market values the combined live TV bundle, and it…
Netflix Rises 3% on a $95 Wolfe Research Price Target, Leaving Disney and Warner Bros. Discovery Behind
Wolfe Research says Netflix's rough summer had nothing to do with demand, and that one reframing sent shares jumping while Disney and Warner Bros. Discovery barely flinched. Here is what the analyst…