Warner Music Group Corp. (WMG) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
Warner Music Group Corp. (WMG) stock forecast summary
On Oct. 16, 2026, WMG is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5184 stocks scored that day.
Warner Music Group Corp. is a large-cap company with a market capitalization of $16.43B. It ranks number 3 by market capitalization among the 19 Services-Amusement & Recreation Services issuers in our coverage with a current forecast.
For WMG, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 35.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 27.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How WMG ranks among 5184 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Warner Music Group Corp. (WMG) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Amusement & Recreation Services peers listed below that report each metric.
Valuation & Market
| Metric | WMG | Rank |
|---|---|---|
| Market Cap | $16.43B | 3/19 |
| P/E Ratio | 24.44x | 6/8 |
| Dividend Yield | 2.44% | – |
| Revenue/Share | $13.96 | – |
| FCF/Share | $1.60 | – |
Profitability & Margins
| Metric | WMG | Rank |
|---|---|---|
| Gross Margin | 45.8% | 5/10 |
| Operating Margin | 19.9% | 4/18 |
| Net Margin | 9.6% | 2/10 |
| EBT Margin | 17.4% | 3/18 |
| Tax Rate | 23.8% | – |
Financial Health
| Metric | WMG | Rank |
|---|---|---|
| Current Ratio | 0.73x | 11/19 |
| Quick Ratio | 0.72x | – |
| Interest Coverage | 6.6x | 4/16 |
| Working Capital | -$1.18B | 17/19 |
Cash Flow
| Metric | WMG | Rank |
|---|---|---|
| Operating Cash Flow | $939M | 3/19 |
| Free Cash Flow | $836M | 2/6 |
| Capital Spending | -$103M | 4/6 |
| OCF Growth YoY | 25.0% | 4/7 |
| FCF Growth YoY | 37.7% | 2/5 |
| FCF/Sales | 11.4% | 3/6 |
| CapEx/Sales | 1.4% | 4/6 |
Operational Efficiency
| Metric | WMG | Rank |
|---|---|---|
| Receivables Turnover | 4.5x | 8/10 |
| Inventory Turnover | 57.4x | – |
| Fixed Assets Turnover | 17.6x | 5/11 |
| Days Sales Outstanding | 80 days | 3/10 |
| Days Inventory | 6 days | – |
| Payables Period | 33 days | 6/8 |
| Cash Conversion Cycle | 54 days | – |
Income Statement
| Metric | WMG | Rank |
|---|---|---|
| Total Revenue | $7.30B | 2/13 |
| Operating Income | $1.00B | 2/19 |
| Net Income | $480M | 1/10 |
| SG&A Expense | $1.88B | 3/11 |
| Cost of Goods Sold | $3.96B | 1/10 |
Dividend & Shareholder Information
| Metric | WMG | Rank |
|---|---|---|
| Dividends Per Share | $0.76 | – |
| Shares Outstanding | 523M | – |
| Net Income Growth | 0.0% | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $3.26B | 51.6% of assets |
| Cash & Short-term Investments | $618M | 9.8% of assets |
| Accounts Receivable | $1.61B | 25.5% of assets |
| Inventory | $69M | 1.1% of assets |
| Total Liabilities | $6.48B | |
| Short-term Debt | $4.09B | 64.8% of assets |
WMG quarterly financials and insider trading
Warner Music Group Corp. (WMG) industry peers
Companies classified under the same SEC industry code as Warner Music Group Corp. (Services-Amusement & Recreation Services): 21 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| WMG Warner Music Group Corp. | ▶ | $16.43B |
| LYV Live Nation Entertainment, Inc. | ▼ | $40.18B |
| TKO Tko Group Holdings, Inc. | ▶ | $33.22B |
| LLYVA Liberty Live Holdings, Inc. | ▶ | $8.73B |
| MSGE Sphere Entertainment Co. | ▶ | $3.79B |
| ACEL Accel Entertainment, Inc. | ▼ | $883M |
| LUCK Lucky Strike Entertainment Corp | ▲ | $656M |
| RSVR Reservoir Media, Inc. | ▶ | $622M |
| ROLR High Roller Technologies, Inc. | ▼ | $53M |
| GLXZ Galaxy Gaming, Inc. | ▼ | $40M |
| GAME Gamesquare Holdings, Inc. | ▲ | $34M |
| NOMA Nomadar Corp. | ▼ | $30M |
| SFRX Seafarer Exploration Corp | ▶ | $26M |
| AIFA All In Futuretech Alliance, Inc. | ▲ | $24M |
| SSGC Safespace Global Corp | ▶ | $14M |
| ADTI Adapti, Inc. | ▲ | $13M |
| APHP American Picture House Corp | ▶ | $7M |
| FLZH Flash Sports & Media Holdings, Inc. | ▼ | $3M |
| GMBL Esports Entertainment Group, Inc. | ▲ | $140K |
| BOTY Lingerie Fighting Championships, Inc. | ▼ | N/A |
| SPQS Sportsquest, Inc. | ▼ | N/A |
Where WMG sits on the market map
Warner Music Group Corp. (WMG) stock news
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Warner Music Group Corp. (WMG) stock forecast FAQ
What is the Warner Music Group Corp. (WMG) stock forecast?
On Oct. 16, 2026, WMG is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5184 stocks scored that day.
How accurate are Warner Music Group Corp. stock predictions?
For WMG, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 35.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 27.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Warner Music Group Corp. forecasts updated?
Warner Music Group Corp. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Warner Music Group Corp.'s industry peers?
21 issuers in our coverage, WMG included, share the SEC industry code Services-Amusement & Recreation Services. The largest are: Live Nation Entertainment, Inc. (LYV), Tko Group Holdings, Inc. (TKO), Liberty Live Holdings, Inc. (LLYVA), Sphere Entertainment Co. (MSGE), Accel Entertainment, Inc. (ACEL), Lucky Strike Entertainment Corp (LUCK).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.