WBD Shareholders Can Tender Shares to Paramount for $30 Cash by January 21
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 22 2025
0mins
Source: CNBC
- Shareholder Options: Warner Bros. Discovery (WBD) shareholders can tender their shares to Paramount for $30 in cash by January 21, which could significantly influence the company's future control and strategic direction.
- Potential Bidding War: Paramount's cash offer is perceived as superior to Netflix's $27.75 per share bid, leading shareholders to consider tendering their shares to instigate a bidding war that could enhance asset value.
- Regulatory Approval Risks: Paramount's acquisition proposal faces regulatory approval risks, particularly given Netflix's market share, which may trigger antitrust investigations and impact the feasibility of the deal.
- Financing Concerns: Paramount has altered the terms of the deal to address financing concerns, although the Ellison family's commitment of $40.4 billion in equity financing still raises transparency issues for WBD's board regarding the source of funds.
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 24.98 USD with a low forecast of 14.75 USD and a high forecast of 30.00 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.
14 Analyst Rating
5 Buy
9 Hold
0 Sell
Moderate Buy
Current: 28.360
Low
14.75
Averages
24.98
High
30.00
Current: 28.360
Low
14.75
Averages
24.98
High
30.00
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 Streaming, Studios and Global Linear Networks. The streaming segment primarily consists of its premium pay-television and streaming services. The 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 third parties and its networks/streaming services, distribution of its films and television programs to various third party and internal television and streaming services, distribution through the home entertainment market (physical and digital), related consumer products and themed experience licensing, and interactive gaming. The Global Linear Networks segment primarily consists of its domestic and international television networks.
About the author
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.
