Data as of:
brimindinvest.com / compare / wbd-vs-paraLIVE
WBD
Warner Bros. Discovery, Inc. · Communication Services - Diversified Media
$28.24
-0.84% this month
VERSUS
COMPARE
PARA
Paramount Global · Communication Services - Diversified Media
$0.93
-31.32% this month
Comparison scoreboard
PARA LEADS 3/5
AI Scorei
WBD 42.2
PARA 26.6
1Y Returni
WBD +54.74%
PARA -94.79%
Fwd P/Ei
WBD 411.00
PARA 6.77
Target Up.i
WBD +3.64%
PARA +9.49%
Op. Margini
WBD 5.10%
PARA 10.26%
Metrics last refreshed: 9/18/2026
Quick take

WBD vs PARA Stock Comparison: AI Score, Valuation, Performance and Upside

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Both WBD and PARA are traditional media companies working through the difficult transition from declining linear television to streaming, each carrying significant strategic uncertainty around consolidation, debt, and corporate restructuring. Both have been frequently mentioned as potential acquisition or merger candidates in ongoing media industry consolidation.

WBD vs PARA compares two legacy media companies navigating similar structural challenges: streaming transition costs, linear network decline, and the prospect of further industry consolidation.

Live analysis · updated 9/18/2026

PARA holds the edge across 3 of 5 key metrics in this comparison. WBD has delivered stronger 1-year price return (+54.74% vs -94.79%), though PARA has the better forward P/E setup (6.77x vs 411.00x for WBD). PARA leads on both revenue growth (0.50%) and operating margin (10.26%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies meaningfully more upside for PARA (+9.49%) than for WBD (+3.64%).

Normalized 1Y performance
WBD
PARA
Recent returns
WBD
PARA
Analyst price targets & sentiment

Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.

WBD
Price target range
analyst mean$29.82
current price$28.24
+3.6% upside to analyst mean
PARA · 20 analysts
STRONG BUYHOLDSTRONG SELL
Hold (3.4/5.0)
1 Buy / 0 Hold / 0 Sell
Price target range
analyst low$8.50
analyst high$20.00
analyst mean$12.09
current price$0.93
+9.5% upside to analyst mean
Who should consider this stock?
WBD may suit investors who:
  • See value in HBO's premium content library and Max's path to streaming profitability
  • Believe continued deleveraging will improve the equity story
  • Are comfortable with ongoing consolidation and restructuring uncertainty
PARA may suit investors who:
  • See value in CBS sports/news content and the Paramount Pictures library
  • Believe Paramount+ losses will narrow as the company restructures
  • Are willing to navigate major ownership transition uncertainty
Performance & AI score
Performance & AI score
MetricWBDPARA
AI scorei42.226.6
AI ranki#960#2568
Latest closei$28.24$0.93
1M returni-0.84%-31.32%
6M returni+2.21%-94.95%
1Y returni+54.74%-94.79%
$10,000 invested — hypothetical growth (dividends reinvested)

How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?

$10,000 invested — hypothetical growth (dividends reinvested)
PeriodWBDPARA
1Y ago$15.7K (+57.0%)
started 2025-09-17
$521.21 (-94.8%)
started 2025-09-17
5Y ago$10.86K (+8.6%)
started 2021-09-20
$290.23 (-97.1%)
started 2021-09-20
10Y ago$11.5K (+15.0%)
started 2016-09-19
$270.28 (-97.3%)
started 2016-09-19

Hypothetical — past performance does not guarantee future results.

Valuation & upside potential
Valuation & upside potential
MetricWBDPARA
Market capi$72.13B$6.99B
Trailing P/Ei93.00368.00
Forward P/Ei411.006.77
Price/SalesiN/A0.29
EV/Revenuei2.820.72
Analyst targeti$29.82$12.09
Target upsidei+3.64%+9.49%
Growth, profitability & risk
Growth, profitability & risk
MetricWBDPARA
Revenue growthi-11.20%0.50%
Earnings growthi-90.60%N/A
EPS growthi-90.60%N/A
FCF margini+44.77%+50.59%
Operating margini5.10%10.26%
Profit margini-8.77%-0.05%
ROIC proxyi-8.79%0.09%
Return on equityi-8.79%0.09%
Dividend yieldiN/A1.90%
Payout ratioi0.00%0.00%
Dividend growth streakiN/ANo increase yet
Betai1.561.19
Debt/equityi94.2090.63
Current ratioi0.781.39
Quick ratioi0.411.03
Correlation

Over the past year, WBD and PARA have moved barely in opposite directions (correlation of -0.02), based on daily returns.

1Y
-0.02
-1.0+1.0
5Y
0.56
-1.0+1.0
10Y
0.61
-1.0+1.0
Drawdown & downside risk

Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.

1Y risk snapshot
WBD max drawdowni15.68%
PARA max drawdowni95.27%
WBD max wkly dropi9.95%
PARA max wkly dropi91.03%
5Y risk snapshot
WBD max drawdowni78.48%
PARA max drawdowni97.47%
WBD max wkly dropi24.68%
PARA max wkly dropi91.03%
10Y risk snapshot
WBD max drawdowni91.32%
PARA max drawdowni98.97%
WBD max wkly dropi45.77%
PARA max wkly dropi91.03%
Performance metrics by period
Performance metrics by period
PeriodMetricWBDPARA
1YGrowthi+56.98%-94.79%
CAGRi+57.08%-94.80%
Volatilityi25.94%215.86%
Sharpe ratioi1.70-3.89
Sortino ratioi3.22-3.83
Max drawdowni15.68%95.27%
Current drawdowni5.80%95.27%
Avg drawdowni6.75%64.43%
Ulcer Indexi7.83%77.06%
Max daily dropi3.82%89.74%
Max wkly dropi9.95%91.03%
5YGrowthi+8.57%-97.36%
CAGRi+1.66%-51.73%
Volatilityi52.48%71.58%
Sharpe ratioi0.21-0.60
Sortino ratioi0.31-0.73
Max drawdowni78.48%97.47%
Current drawdowni9.43%97.47%
Avg drawdowni47.99%53.53%
Ulcer Indexi53.99%57.68%
Max daily dropi19.04%89.74%
Max wkly dropi24.68%91.03%
10YGrowthi+15.03%-97.80%
CAGRi+1.41%-31.73%
Volatilityi47.05%58.83%
Sharpe ratioi0.17-0.31
Sortino ratioi0.24-0.39
Max drawdowni91.32%98.97%
Current drawdowni63.45%98.97%
Avg drawdowni50.05%53.63%
Ulcer Indexi59.56%61.62%
Max daily dropi27.45%89.74%
Max wkly dropi45.77%91.03%
AI Prediction Signali
Members only
Next 5 trading days
WBD
+2.8%BUY
PARA
+1.1%HOLD
Next 30 trading days
WBD
+6.4%BUY
PARA
+3.2%HOLD

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Business comparison
Business comparison
CategoryWBDPARA
CompanyWarner Bros. Discovery, Inc.Paramount Global
SectorCommunication ServicesTechnology
IndustryEntertainmentSoftware - Application
Core businessWarner Bros. Discovery owns HBO, HBO Max (Max), CNN, Warner Bros. film studio, and a large portfolio of cable networks, formed through the 2022 merger of WarnerMedia and Discovery.Paramount Global owns CBS, Paramount Pictures, Paramount+ streaming service, and a portfolio of cable networks including MTV and Nickelodeon, and is undergoing a major ownership and strategic transition.
Investor focusInvestors track Max streaming subscriber growth and profitability, the company's heavy debt load from the merger, and ongoing linear network secular decline.Investors track Paramount+ subscriber growth and losses, the company's recent merger and ownership changes, and restructuring efforts across its linear television portfolio.
WBD strengths
  • Strong premium content library through HBO and Warner Bros. studio franchises
  • Max streaming service has achieved profitability with growing subscriber base
  • Significant cost synergies realized from the WarnerMedia-Discovery merger
PARA strengths
  • Strong sports and news content through CBS broadcast network
  • Paramount+ streaming service has driven significant subscriber growth
  • Valuable film studio and library assets including Paramount Pictures
Risks to watch — WBD
  • High debt load from the merger constrains financial flexibility
  • Linear cable network business faces accelerating secular decline
  • Subject to ongoing speculation about further industry consolidation or asset sales
Risks to watch — PARA
  • Streaming segment has historically generated significant losses
  • Going through major corporate restructuring and ownership transition
  • Linear network and broadcast segment faces ongoing secular pressure
Frequently asked questions
Both Warner Bros. Discovery and Paramount Global carry significant debt and face structural linear TV decline, leading to persistent speculation that further industry mergers or asset sales could occur to achieve greater streaming scale.
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