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Bullish Case: New artist signings, international expansion, and strategic investments point to revenue growth and a widening global reach for WMG.


Bearish Case: High P/B ratio persists, suggesting overvaluation risks, amid a competitive streaming landscape potentially affecting earnings.


Potential Outcomes: Upbeat earnings due to strategic initiatives (40%), correction from overvaluation and heightened competition (35%), mean-reverting price action continues (25%).


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April 12, 2024


Warner Music Forecast

WMG        Warner Music
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (0.9)


X Forecast + Options Trading Strategies   X  United States Steel (0.9)


BR Forecast + Options Trading Strategies   BR  Broadridge Financial Solutions (0.89)


BOH Forecast + Options Trading Strategies   BOH  Bank of Hawaii (0.89)


ROST Forecast + Options Trading Strategies   ROST  Ross Stores (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to WMG



EH Forecast + Options Trading Strategies   EH  EHang Holdings Ltd - (0.0)


ABR Forecast + Options Trading Strategies   ABR  Arbor Realty (-0.0)


REXR Forecast + Options Trading Strategies   REXR  Rexford Industrial Realty (-0.0)


PSA Forecast + Options Trading Strategies   PSA  Public Storage (-0.0)


MAN Forecast + Options Trading Strategies   MAN  ManpowerGroup (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against WMG



DQ Forecast + Options Trading Strategies   DQ  Daqo New Energy (-0.84)


FNV Forecast + Options Trading Strategies   FNV  Franco-Nevada (-0.85)


CHAU Forecast + Options Trading Strategies   CHAU  Direxion Daily CSI 300 China A Share Bull 2X Shares (-0.86)


YUMC Forecast + Options Trading Strategies   YUMC  Yum China (-0.86)


ZTO Forecast + Options Trading Strategies   ZTO  ZTO Express (Cayman) (-0.87)





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