Is Warner Bros. Discovery Stock Outperforming the S&P 500?

Core Insights - Warner Bros. Discovery, Inc. (WBD) has a market capitalization of $44.5 billion and operates in the media and entertainment sector with a diverse portfolio including television, film, streaming, and gaming [1] - The company is classified as a large-cap stock, valued at $10 billion or more, and reaches global audiences through various platforms [2] Financial Performance - WBD shares have experienced an 8.7% decline from their 52-week high of $19.59, but have surged 69.3% over the past three months, outperforming the S&P 500 Index's 10.8% gain during the same period [3] - Year-to-date, WBD stock is up 69.3%, surpassing the S&P 500's 12.6% increase, and has risen 112.5% over the past 52 weeks compared to the S&P 500's 17.9% return [4] Recent Developments - Despite reporting a surprise profit of $0.63 per share for Q2 2025, WBD shares fell 7.3% due to revenue of $9.81 billion falling short of expectations, alongside a 12% drop in advertising revenue from its linear network unit and a 9% decline in overall cable TV revenue [5] - The company added 3.4 million streaming subscribers and experienced strong studio growth of 55%, but concerns over increasing debt and management's warning of a further decline in TV ad revenue impacted investor sentiment [5] Competitive Landscape - In comparison, rival Live Nation Entertainment, Inc. (LYV) has seen a 30% increase year-to-date and a 63.8% rise over the past 52 weeks, indicating that WBD is outperforming its competitor in the stock market [6]