Warner Bros. Discovery Analyst Says DTC Strength Won't Offset 'Joker: Folie A Deux' Flop, NBA Rights Concerns
1. WBD faces challenges with the DC Studios reboot and NBA rights loss. 2. Goldman Sachs lowered WBD's price target from $10.75 to $9.75. 3. Analysts expect strong DTC additions but struggles in other segments. 4. Underperformance of 'Joker: Folie a Deux' leads to a lower EBITDA target. 5. WBD expects $1.56 billion in DTC EBITDA by 2025 through international growth.