Netflix vs. Warner Bros. Discovery: Wall Street Sees Downside in 1 of These Media Stocks but Says Buy the Other

Core Viewpoint - Netflix plans to acquire Warner Bros. Discovery's film and television studios for an enterprise value of nearly $83 billion, including approximately $11 billion of debt [1] Group 1: Acquisition Dynamics - Paramount Skydance is attempting to acquire Warner Bros. in its entirety, which includes cable assets that Netflix is not interested in [2] - Warner Bros. has chosen Netflix as the preferred buyer despite Paramount's aggressive bid [2] - Warner Bros. stock has surged amid acquisition rumors, more than doubling in value over recent months [4][5] Group 2: Stock Performance and Analyst Sentiment - Warner Bros. stock trades at $28.40, with 15 Wall Street analysts providing insights; 5 recommend buying, while 10 suggest holding, indicating a cautious outlook with an average price target suggesting nearly 10% downside [7] - Netflix's stock has collapsed since the announcement of the acquisition, contrasting with Warner Bros.' stock performance [8]