PARA stock icon

Paramount Global Class B
PARA

$10.15
0.6%
 

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 6,702 funds
0
Analysts bullish %
of 14 analysts
0
News positive %
of 100 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

21% more repeat investments, than reductions

Existing positions increased: 263 | Existing positions reduced: 218

2.23% less ownership

Funds ownership: 77.59% [Q4 2023] → 75.36% (-2.23%) [Q1 2024]

4% less funds holding

Funds holding: 711 [Q4 2023] → 685 (-26) [Q1 2024]

12% less call options, than puts

Call options by funds: $202M | Put options by funds: $230M

17% less funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 5 (-1) [Q1 2024]

22% less first-time investments, than exits

New positions opened: 91 | Existing positions closed: 117

22% less capital invested

Capital invested by funds: $7.03B [Q4 2023] → $5.46B (-$1.56B) [Q1 2024]

Research analyst outlook

14 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$9
11%
downside
Avg. target
$13.07
29%
upside
High target
$19
87%
upside

14 analyst ratings

positive
21%
neutral
36%
negative
43%
Wells Fargo
Steven Cahall
11%downside
$9
Underweight
Downgraded
12 Jun 2024
Rosenblatt
Barton Crockett
38%upside
$14
Neutral
Maintained
4 Jun 2024
Wells Fargo
Steven Cahall
38%upside
$14
Equal-Weight
Maintained
30 Apr 2024
Benchmark
Daniel Kurnos
87%upside
$19
Buy
Reiterated
30 Apr 2024
Rosenblatt
Barton Crockett
28%upside
$13
Neutral
Maintained
9 Apr 2024

Financial journalist opinion

Based on 100 articles about PARA published over the past 30 days