Paramount Global Class BPARA
About: Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes multiple streaming platforms, including Paramount+, which now includes Showtime, Pluto TV, and BET+. Much of the content on Paramount's streaming platforms is created by the production studios housed within the firm's other two business segments.
Employees: 21,900
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 9 (+3) [Q3]
2.07% more ownership
Funds ownership: 73.75% [Q2] → 75.82% (+2.07%) [Q3]
4% more capital invested
Capital invested by funds: $4.83B [Q2] → $5.04B (+$213M) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 227
5% less funds holding
Funds holding: 674 [Q2] → 643 (-31) [Q3]
27% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 115
32% less call options, than puts
Call options by funds: $164M | Put options by funds: $243M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Macquarie Tim Nollen 66% 1-year accuracy 27 / 41 met price target | 2%downside $10 | Underperform Maintained | 11 Nov 2024 |
JP Morgan Philip Cusick 45% 1-year accuracy 5 / 11 met price target | 8%upside $11 | Underweight Reiterated | 2 Oct 2024 |
Financial journalist opinion
Based on 15 articles about PARA published over the past 30 days
