PARA icon

Paramount Global Class B

10.25 USD
-0.15
1.44%
Updated Dec 30, 1:09 PM EST
1 day
-1.44%
5 days
-3.48%
1 month
-6.65%
3 months
-3.48%
6 months
1.08%
Year to date
-28.82%
1 year
-28.82%
5 years
-75.29%
10 years
-81.64%
 

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

0
Funds holding %
of 6,812 funds
Analysts bullish %

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

Low target
$10
2%
downside
Avg. target
$10.50
2%
upside
High target
$11
7%
upside

2 analyst ratings

positive
0%
neutral
0%
negative
100%
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
7%upside
$11
Underweight
Reiterated
2 Oct 2024

Financial journalist opinion

Based on 15 articles about PARA published over the past 30 days

Negative
Zacks Investment Research
2 days ago
PARA Stock Plunges 31% in a Year: Should You Buy, Sell or Hold?
Paramount shares dip due to weakness in TV Media and Filmed Entertainment. However, growth in the DTC segment could drive a turnaround.
PARA Stock Plunges 31% in a Year: Should You Buy, Sell or Hold?
Positive
Zacks Investment Research
3 days ago
Here's Why Paramount Global-B (PARA) is a Strong Value Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Here's Why Paramount Global-B (PARA) is a Strong Value Stock
Positive
New York Post
1 week ago
Shari Redstone hopes relationship with Trump will seal Paramount-Skydance deal: report
Paramount Global boss Shari Redstone is reportedly banking on her friendly relationship with President-elect Donald Trump to help the media giant skirt any FCC issues in its merger with Skydance — and help her walk away with a windfall.
Shari Redstone hopes relationship with Trump will seal Paramount-Skydance deal: report
Positive
Zacks Investment Research
1 week ago
3 Media Stocks to Keep an Eye on Before the New Year
Media giants DIS, RSVR and PARA set for 2025 growth, with streaming profits rising, box office bouncing back and sports rights boosting value. Time to watch.
3 Media Stocks to Keep an Eye on Before the New Year
Positive
Benzinga
1 week ago
Streamers Max, Paramount+ Won November: Here's Why Analyst Expects Netflix, Amazon To Win December
A new analyst report that looks at downloads and user data could show the winners and losers and what's ahead for the streaming sector.
Streamers Max, Paramount+ Won November: Here's Why Analyst Expects Netflix, Amazon To Win December
Neutral
PRNewsWire
1 week ago
Paramount Global Announces Redemption of its 4.750% Senior Notes due May 2025
NEW YORK , Dec. 17, 2024 /PRNewswire/ -- Paramount Global (the "Company") (NASDAQ: PARA, PARAA) today announced that it would redeem all of its remaining outstanding 4.750% senior notes due May 15, 2025 (the "4.750% senior notes") on December 27, 2024. The redemption price for the 4.750% senior notes is equal to the sum of 100% of the principal amount of the 4.750% senior notes that remain outstanding, the make-whole amount calculated in accordance with the terms of the 4.750% senior notes and the related indenture under which the 4.750% senior notes were issued, and the accrued and unpaid interest on the remaining 4.750% senior notes up to, but excluding, the redemption date of December 27, 2024.
Paramount Global Announces Redemption of its 4.750% Senior Notes due May 2025
Negative
Reuters
1 week ago
Paramount's $8.4 bln Skydance merger faces FCC challenge by Center for American Rights
The Center for American Rights, a non-profit public-interest law firm, has petitioned the Federal Communications Commission (FCC) to challenge the planned $8.4 billion merger between Paramount Global and Skydance Media, a filing showed on Tuesday.
Paramount's $8.4 bln Skydance merger faces FCC challenge by Center for American Rights
Positive
Zacks Investment Research
2 weeks ago
Here's Why Paramount Global-B (PARA) is a Strong Momentum Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Here's Why Paramount Global-B (PARA) is a Strong Momentum Stock
Positive
Zacks Investment Research
2 weeks ago
Why Paramount Global-B (PARA) is a Top Value Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Why Paramount Global-B (PARA) is a Top Value Stock for the Long-Term
Negative
Deadline
2 weeks ago
Paramount Global's Near-Term Outlook Is “Not Going To Change Just Because They're Being Bought By Skydance,” S&P Analyst Says
Skydance's $8 billion deal to merge with Paramount Global has been characterized in some corners of the industry as a rescue mission. But one Wall Street media veteran thinks it's premature to say the worst is behind the company.
Paramount Global's Near-Term Outlook Is “Not Going To Change Just Because They're Being Bought By Skydance,” S&P Analyst Says
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