Paramount Global Class B
PARA
Market cap $7.33B

10.99 USD

+0.18

1.67%

At close Dec 6, 4:00 PM EST

After hours

10.90

-0.09

0.82%

1 day

1.67%

5 days

1.01%

1 month

-3.43%

3 months

8.92%

6 months

-8.19%

Year to date

-23.68%

1 year

-27.79%

5 years

-72.33%

10 years

-79.50%

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

Communication Services Television Broadcasting Stations

0

Funds holding %

of 6,790 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]

1.91% more ownership

Funds ownership: 73.56% [Q2] → 75.47% (+1.91%) [Q3]

4% more capital invested

Capital invested by funds: $4.82B [Q2] → $5.02B (+$202M) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 215 | Existing positions reduced: 226

5% less funds holding

Funds holding: 674 [Q2] → 640 (-34) [Q3]

29% less first-time investments, than exits

New positions opened: 84 | Existing positions closed: 118

32% less call options, than puts

Call options by funds: $164M | Put options by funds: $243M

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$10

9%

downside

Avg. target

$12

9%

upside

High target

$14

27%

upside

2 analyst ratings

1 positive

50%

0 neutral

0%

1 negative

50%

Macquarie Tim Nollen 91% 1-year accuracy 21 / 23 met price target	9%downside $10	Underperform Maintained	11 Nov 2024
Guggenheim Michael Morris 86% 1-year accuracy 12 / 14 met price target	27%upside $14	Buy Maintained	25 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 31 articles about PARA published over the past 30 days

Paramount's $8B Skydance merger faces fresh hurdles — from ‘60 Minutes' to the Teamsters

It is too early to know whether requirements to get the merger approved also could include turning over the raw transcript of the interview, according to the source.

Paramount's $8B Skydance merger faces fresh hurdles — from ‘60 Minutes' to the Teamsters

Skydance boss David Ellison to chop Paramount's three-headed CEO structure after merger: report

David Ellison, son of Oracle billionaire Larry Ellison who will run the combined company as chairman and CEO, is planning changes at Paramount.

Skydance boss David Ellison to chop Paramount's three-headed CEO structure after merger: report

Paramount Co-CEO Troika, TV Businesses Eye Consolidation Once Skydance Merger Closes

The Paramount co-CEO threesome of Chris McCarthy, George Cheeks and Brian Robbins is apt to look quite different once the Skydance-Paramount merger goes through in late March-early April, according to sources ad not surprisingly. However, we hear that no decisions have been made yet on the comings and goings of McCarthy, Cheeks and Robbins.

Paramount Co-CEO Troika, TV Businesses Eye Consolidation Once Skydance Merger Closes

CNBC Television

Box office sees record holiday weekend

CNBC's Julia Boorstin joins 'Fast Money' to talk the weekend's record box office numbers.

Box office sees record holiday weekend

Zacks Investment Research

Paramount's Shares Fall 26% YTD: How Should Investors Play the Stock?

PARA is benefiting from strong Paramount+ growth, but challenges in licensing and advertising may affect near-term performance.

Paramount's Shares Fall 26% YTD: How Should Investors Play the Stock?

Investors Business Daily

Nvidia's Profit Ruled Last Quarter — Now It's These 8 Stocks' Turn

Nvidia reported third-quarter profit that doubled — putting it near the top of the S&P 500's growth. But look for profit growth elsewhere.

Nvidia's Profit Ruled Last Quarter — Now It's These 8 Stocks' Turn

CNBC Television

Weprin: Wicked' is the fifth biggest weekend this year. Universal and Paramount are happy.

Alex Weprin, Media & Business Writer at The Hollywood Reporter, discusses the success of "Wicked" and "Gladiator 2" at the box office. "Wicked" earned over $114 million, making it the fifth biggest weekend of the year, while "Gladiator 2" brought in $55 million.

Weprin: Wicked' is the fifth biggest weekend this year. Universal and Paramount are happy.

Paramount Global: A Story No One Is Reporting Could Herald A Turnaround

Paramount's financial woes and extensive cost-cutting measures are overshadowed by the potential operational improvements under new leadership, especially in streaming and content strategy. Paramount's streaming future is uncertain, but retaining it as an independent service with improved tech is recommended. Paramount's showdown with Nielsen over measurement fees could lead to significant savings, potentially doubling market cap on its own.

Paramount Global: A Story No One Is Reporting Could Herald A Turnaround

'Wicked' tallies $19 million in previews, as 'Gladiator II' team-up heads for $200 million opening weekend

Universal's "Wicked" and Paramount's "Gladiator II" arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales this weekend. "Wicked" has already tallied $19.2 million at the domestic box office from advance screenings held during the week.

'Wicked' tallies $19 million in previews, as 'Gladiator II' team-up heads for $200 million opening weekend

'Wicked' pulls in $19.2 million from early screenings

"Wicked," the first of two parts of the movie adaptation of a beloved Broadway musical, generated $19.2 million in U.S. and Canadian ticket sales from early screenings this week, distributor Universal Pictures said on Friday.

'Wicked' pulls in $19.2 million from early screenings

See News Rankings

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