Looking to watch every NBA game this season? Be prepared to spend almost $1,000.
Written by Emily J. Thompson, Senior Investment Analyst
Source: MarketWatch
Updated: Oct 17 20250mins
Streaming Access: NBA fans will have the opportunity to stream every game of the upcoming 2025-26 season for the first time ever.
Cost Implications: The total cost for streaming all games is expected to approach $1,000 due to the shift of broadcasts to new streaming services like Amazon and NBC's Peacock, alongside rising subscription prices.
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Analyst Views on WBD
Wall Street analysts forecast WBD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for WBD is 22.08 USD with a low forecast of 14.75 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
8 Buy
10 Hold
0 Sell
Moderate Buy
Current: 24.540
Low
14.75
Averages
22.08
High
28.00
Current: 24.540
Low
14.75
Averages
22.08
High
28.00
Bernstein
Laurent Yoon
Market Perform
maintain
$16
2025-11-07
Reason
Bernstein
Laurent Yoon
Price Target
$16
2025-11-07
maintain
Market Perform
Reason
Bernstein analyst Laurent Yoon raised the firm's price target on Warner Bros. Discovery to $23.50 from $16 and keeps a Market Perform rating on the shares. The firm says Q3 confirms S&S is firmly on track to deliver on 2025 goals and sustain its momentum into 2026. For those who may have hoped for a disappointing Q3 to push the number down, well, that's not going to work, Bernstein contends. The argument that this is a must-have asset still holds, and the X-Mas gift may be on its way.
Rothschild & Co Redburn
Neutral
to
Buy
upgrade
$28
2025-10-30
Reason
Rothschild & Co Redburn
Price Target
$28
2025-10-30
upgrade
Neutral
to
Buy
Reason
Rothschild & Co Redburn upgraded Warner Bros. Discovery to Buy from Neutral with a $28 price target. The company is up for sale and a $27-$30 takeout price seems reasonable, the analyst tells investors in a research note. The firm estimates cost synergies of $2B if Paramount buys all of Warner Bros., and around $1.3B for suitors looking to acquire just the studio.
Barrington
Outperform
maintain
$16 -> $25
2025-10-28
Reason
Barrington
Price Target
$16 -> $25
2025-10-28
maintain
Outperform
Reason
Barrington raised the firm's price target on Warner Bros. Discovery to $25 from $16 and keeps an Outperform rating on the shares ahead of the earnings report. The firm says the prospect of multiple parties interested in Warner's studio or the whole company "creates potential for some greater valuation." However, if the separation were to go forward, the potential for shareholder value creation from the separate entities remains attractive, the analyst tells investors in a research note.
Argus
Hold
to
Buy
upgrade
2025-10-28
Reason
Argus
Price Target
2025-10-28
upgrade
Hold
to
Buy
Reason
Argus upgraded Warner Bros. Discovery to Buy from Hold.
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About WBD
Warner Bros. Discovery, Inc. is a global media and entertainment company that creates and distributes a portfolio of branded content across television, film, streaming and gaming. The Company's segments include Studios, Networks and DTC. Studios segment primarily consists of the production and release of feature films for initial exhibition in theaters, production and initial licensing of television programs to its networks/DTC services as well as third parties, distribution of its films and television programs to various third party and internal television and streaming services, distribution through the home entertainment market, and others. Networks segment primarily consists of its domestic and international television networks. DTC segment primarily consists of its premium pay-TV and streaming services. Its brands and products include Discovery Channel, Max, DC, TNT Sports, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Warner Bros., and Cartoon Network.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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