Warner Bros. Discovery, Inc. (WBD) is a global media and entertainment company with a market cap of $66.5 billion. The New York-based company operates a diverse portfolio of iconic content and brands, spanning film, television, streaming, and sports. Its assets include Warner Bros. Studios, HBO and HBO Max, CNN, Discovery Channel, TLC, HGTV, Food Network, Cartoon Network, and DC Entertainment, among others.
Shares of the global entertainment powerhouse have seen a sharp rise over the past year. WBD has jumped 212.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 29.8%. However, in 2026, the stock has pulled back, falling 6.9%, trailing the SPX’s 4.8% rise.
