How to buy Warner Bros. Discovery shares

Learn how to easily invest in Warner Bros. Discovery (formerly Discovery) shares.

Warner Bros. Discovery was created as a merger between AT&T’s subsidiary WarnerMedia and Discovery Inc. The merger was completed on April 8 2022, when the company started trading with the ticker WBD. David Zaslav, previously Discovery’s CEO, will lead the company, which will expand its streaming services HBO Max and Discovery+

WarnerMedia was spun off pro rata to AT&T’s shareholders and was approved by Discovery shareholders. The company began trading on April 11 2022 on the NASDAQ. AT&T shareholders received a special dividend of 0.24 of a share in WBD for every share in AT&T they own.


What businesses does Warner Bros. Discovery own?



  • Warner Bros. Pictures Group

  • Warner Bros. Television Group

  • Home Box Office

  • Warner Bros. Discovery U.S. Networks Group

  • CNN Global

  • Warner Bros. Discovery Sports

  • Warner Bros. Discovery Global Streaming and Interactive Entertainment

  • Warner Bros. Discovery International

How to buy shares in Warner Bros. Discovery

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. WBD in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Fees calculator for buying Warner Bros. Discovery shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

100
Platform Finder score Account fee Min. initial deposit Trade cost Link
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4.3 β˜…β˜…β˜…β˜…β˜…
Β£0 $100 Β£627.78
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Saxo Share Dealing Account logo
3.75 β˜…β˜…β˜…β˜…β˜…
0.12% per year Β£0 Β£621.23
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XTB logo
4.3 β˜…β˜…β˜…β˜…β˜…
Β£0 Β£0 Β£621.60
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Hargreaves Lansdown Fund and Share Account logo
4.2 β˜…β˜…β˜…β˜…β˜…
Β£0 Β£1 Β£636.64
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CMC Invest share dealing account logo
4.4 β˜…β˜…β˜…β˜…β˜…
Β£0 Β£0 Β£621.60
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These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Warner Bros. Discovery

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Warner Bros. Discovery), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

Warner Bros. Discovery is a major part of the NASDAQ, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

Is it a good time to buy Warner Bros. Discovery stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Warner Bros. Discovery's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of WBD stock over time.

Share price volatility

Over the last 12 months, Warner Bros. Discovery's shares have ranged in value from as little as $7.34 up to $14.76. A popular way to gauge a stock's volatility is its "beta".

WBD.US volatility(beta: 1.51)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Warner Bros. Discovery's is 1.511. This would suggest that Warner Bros. Discovery's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Historical closes compared with the last close of $7.875

1 week (2024-05-14)-3.96%
1 month (2024-04-21)-7.02%
3 months (2024-02-21)-17.63%
6 months (2023-11-21)-26.13%
1 year (2023-05-21)-35.24%
3 years (2021-05-20)-74.98%
5 years (2019-05-21)-71.28%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Warner Bros. Discovery under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Warner Bros. Discovery P/E ratio, PEG ratio and EBITDA.

Warner Bros. Discovery's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.3895. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Warner Bros. Discovery's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider Warner Bros. Discovery's PEG ratio in relation to those of similar companies.

Warner Bros. Discovery's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $7.5 billion (Β£5.9 billion).

The EBITDA is a measure of Warner Bros. Discovery's overall financial performance and is widely used to measure a its profitability.

To put that into context you can compare it against similar companies.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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