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Yahoo
29-07-2025
- Business
- Yahoo
Do Wall Street Analysts Like Paramount Global Stock?
New York-based Paramount Global (PARA) is a leading media, streaming, and entertainment company offering television, film production, and digital content across various global platforms. With a market cap of $8.8 billion, the company owns a diverse portfolio of entertainment brands and provides streaming services, including Paramount+, Pluto TV, BET+, and Noggin. Shares of this entertainment giant have underperformed the broader market over the past year. PARA has gained 16.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 17.1%. However, in 2025, PARA stock is up 24.7%, surpassing the SPX's 8.6% fall on a YTD basis. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Is Lucid Motors Stock a Buy, Sell, or Hold for July 2025? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Similarly, PARA has trailed the Communication Services Select Sector SPDR ETF (XLC), which has gained about 27.9% over the past year. However, PARA's double-digit returns on a YTD basis outshine the ETF's 10.6% rally over the same time frame. Paramount shares rose over 1% in pre-market trading on July 25, after receiving Federal Communications Commission's (FCC) approval for the company's merger with Skydance Media. This approval marks a significant step forward in the proposed deal, which aims to combine Paramount's extensive content library and global distribution network with Skydance's innovative production capabilities and strong track record in film and television. For fiscal 2025, ending in December, analysts expect PARA's EPS to decline 15.6% year over year to $1.30 on a diluted basis. The company's earnings surprise history is mixed. It beat the consensus estimate in three of the last four quarters, while missing the forecast on another occasion. Among the 23 analysts covering PARA stock, the consensus is a 'Moderate Sell.' That's based on two 'Strong Buy' ratings, 11 'Holds,' and 10 'Strong Sells.' This configuration is more bearish than three months ago, with three analysts suggesting a 'Strong Buy.' On Jul. 28, Seaport Global Securities downgraded Paramount Global from 'Neutral' to 'Sell,' setting a price target of $11 ahead of its August 7 merger with Skydance. The firm cautions that PARA shares may give back recent merger-driven gains after the deal closes. The company will begin trading under the new ticker PSKY post-merger. While PARA currently trades above its average mean price target of $11.67, its Street-high price target of $16 suggests an ambitious upside potential of 22.7%. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
23-07-2025
- Business
- Yahoo
Paramount Global's Q2 2025 Earnings: What to Expect
New York-based Paramount Global (PARA) is a leading media, streaming, and entertainment company offering television, film production, and digital content across various global platforms. With a market cap of $8.8 billion, the company owns a diverse portfolio of entertainment brands and provides streaming services, including Paramount+, Pluto TV, BET+, and Noggin. The entertainment giant is expected to announce its fiscal second-quarter earnings for 2025 on Thursday, Aug. 14. Ahead of the event, analysts expect PARA to report a profit of $0.37 per share on a diluted basis, down 31.5% from $0.54 per share in the same quarter last year. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion. More News from Barchart Nvidia Stock Warning: This NVDA Challenger Just Scored a Major Customer Dear QuantumScape Stock Fans, Mark Your Calendars for July 23 Should You Buy the Post-Earnings Dip in Lockheed Martin Stock? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For the full year, analysts expect PARA to report EPS of $1.30, down 15.6% from $1.54 in fiscal 2024. However, its EPS is expected to rise 25.4% year over year to $1.63 in fiscal 2026. PARA stock has slightly outperformed the S&P 500 Index's ($SPX) 13.4% gains over the past 52 weeks, with shares up 13.6% during this period. However, it underperformed the Communication Services Select Sector SPDR ETF's (XLC) 26.2% uptick over the same time frame. PARA's strong performance can be attributed to positive expectations for the upcoming release of Mission Impossible – The Final Reckoning and the confirmation of the $8 billion Skydance merger closing in the first half of 2025, which boosted investor morale. On May 8, PARA shares closed up by 1% after reporting its Q1 results. Its revenue stood at $7.2 billion, down 6.4% year over year. The company's adjusted EPS declined 53.2% year over year to $0.29. Analysts' consensus opinion on PARA stock is reasonably bearish, with an overall 'Moderate Sell' rating. Out of 23 analysts covering the stock, two advise a 'Strong Buy' rating, 12 give a 'Hold,' and nine recommend a 'Strong Sell.' While PARA currently trades above its mean price target of $11.67, the Street-high price target of $16 suggests an upside potential of 22%. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
