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Paramount Global (PARA) Stock Forecast, Price Target & Predictions

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PARA Stock Forecast

Paramount Global stock forecast is as follows: an average price target of $10.75 (represents a 2.77% upside from PARA’s last price of $10.46) and a rating consensus of 'Hold', based on 17 wall street analysts offering a 1-year stock forecast.

PARA Price Target

The average price target for Paramount Global (PARA) is $10.75 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $14.00 to $8.00. This represents a potential 2.77% upside from PARA's last price of $10.46.

PARA Analyst Ratings

Hold

According to 17 Wall Street analysts, Paramount Global's rating consensus is 'Hold'. The analyst rating breakdown for PARA stock is 0 'Strong Buy' (0.00%), 5 'Buy' (29.41%), 6 'Hold' (35.29%), 5 'Sell' (29.41%), and 1 'Strong Sell' (5.88%).

Paramount Global Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2024Michael NathansonMoffettNathanson$10.00$11.10-9.87%-4.40%
Sep 25, 2024Michael MorrisGuggenheim$14.00$10.5532.70%33.84%
Aug 09, 2024Steven CahallWells Fargo$11.00$10.217.74%5.16%
Jul 02, 2024Alan GouldLoop Capital Markets$8.00$10.14-21.10%-23.52%
Jun 25, 2024Michael NgGoldman Sachs$9.50$10.29-7.68%-9.18%
Jun 11, 2024Steven CahallWells Fargo$9.00$11.04-18.48%-13.96%
May 03, 2024Alan GouldLoop Capital Markets$9.00$13.86-35.06%-13.96%
Apr 30, 2024Barton CrockettRosenblatt Securities$14.00$11.3922.91%33.84%
Apr 30, 2024Benjamin SwinburneMorgan Stanley$10.00$11.39-12.20%-4.40%
Apr 30, 2024Steven CahallWells Fargo$14.00$12.2514.29%33.84%
Apr 04, 2024Alan GouldLoop Capital Markets$12.00$13.52-11.24%14.72%
Mar 21, 2024Barton CrockettRosenblatt Securities$13.00$11.829.98%24.28%
Jan 17, 2024Kenneth LeonCFRA$16.00$13.0023.08%52.96%
Jan 09, 2024Michael NathansonMoffettNathanson$13.00$14.23-8.64%24.28%
Dec 21, 2023Laura MartinNeedham$15.00$14.980.10%43.40%
Dec 20, 2023Steven CahallWells Fargo$18.00$15.5715.61%72.08%
May 05, 2023Michael MorrisGuggenheim$23.00$17.0634.82%119.89%
Apr 14, 2023Laura MartinNeedham$28.00$21.5729.78%167.69%
Jan 04, 2023Macquarie$15.00$17.07-12.13%43.40%
Dec 23, 2022Loop Capital Markets$14.00$16.66-15.97%33.84%
Dec 19, 2022Morgan Stanley$14.00$17.05-17.91%33.84%
Nov 03, 2022Jessica Reif CohenBank of America Securities$18.00$16.2111.04%72.08%
Oct 31, 2022Steven CahallWells Fargo$13.00$19.02-31.65%24.28%
Aug 24, 2022Bryan KraftDeutsche Bank$32.00$24.9928.05%205.93%
Aug 18, 2022Bryan KraftDeutsche Bank$35.00$25.9734.77%234.61%
Aug 05, 2022Morgan Stanley$20.00$25.31-20.98%91.20%
Jul 26, 2022Brett FeldmanGoldman Sachs$20.00$25.34-21.07%91.20%
Jul 18, 2022Benjamin SwinburneMorgan Stanley$22.00$24.52-10.28%110.33%
Jul 11, 2022Rosenblatt Securities$19.00$25.56-25.67%81.64%
Jul 07, 2022Citigroup$37.00$25.6044.53%253.73%
May 23, 2022Citigroup$44.00$33.0533.13%320.65%
May 17, 2022Laura MartinNeedham$36.00$32.3211.39%244.17%
May 04, 2022Morgan Stanley$32.00$30.275.70%205.93%
Apr 19, 2022Rosenblatt Securities$29.00$36.27-20.04%177.25%

The latest Paramount Global stock forecast, released on Nov 11, 2024 by Michael Nathanson from MoffettNathanson, set a price target of $10.00, which represents a -9.87% decrease from the stock price at the time of the forecast ($11.10), and a -4.40% decrease from PARA last price ($10.46).

Paramount Global Price Target by Period

1M3M12M
# Anlaysts-114
Avg Price Target-$10.00$11.61
Last Closing Price$10.46$10.46$10.46
Upside/Downside-100.00%-4.40%10.99%

In the current month, the average price target of Paramount Global stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Paramount Global's last price of $10.46. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 11, 2024MoffettNathansonNeutralNeutralHold
Oct 04, 2024Seaport GlobalNeutralNeutralHold
Sep 25, 2024GuggenheimBuyBuyHold
Aug 27, 2024Seaport GlobalNeutralNeutralHold
Aug 09, 2024Wells FargoUnderweightEqual-WeightUpgrade
Jul 17, 2024Wells FargoUnderweightUnderweightHold
Jul 09, 2024Wolfe ResearchPeer PerformUnderperformDowngrade
Jul 02, 2024Loop Capital MarketsSellSellHold
Jun 11, 2024Wells FargoEqual-WeightUnderweightDowngrade
Jun 04, 2024BarclaysUnderweightUnderweightHold
Jun 03, 2024Wells FargoEqual-WeightEqual-WeightHold
May 03, 2024Loop Capital MarketsSellSellHold
May 03, 2024Seaport GlobalNeutralDowngrade
Apr 30, 2024Morgan StanleyUnderweightUnderweightHold
Apr 30, 2024NeedhamUnderperformHoldDowngrade
Apr 30, 2024BarclaysUnderweightUnderweightHold
Apr 23, 2024Wells FargoEqual-WeightEqual-WeightHold
Apr 04, 2024Rosenblatt SecuritiesBuyBuyHold
Apr 04, 2024NeedhamUnderperformUnderperformHold
Apr 04, 2024Wolfe ResearchUnderperformPeer PerformUpgrade
Apr 04, 2024Loop Capital MarketsSellSellHold
Mar 27, 2024Wells FargoEqual-WeightPositiveDowngrade
Dec 20, 2023Wells FargoUnderweightEqual-WeightUpgrade
Oct 09, 2023BarclaysUnderweightUnderweightHold
Aug 15, 2023CitigroupBuyBuyHold
Jul 26, 2023Morgan StanleyUnderweightUnderweightHold
Jul 05, 2023UBSSellSellHold
Jun 21, 2023CFRABuyHoldUpgrade
Jun 20, 2023NeedhamBuyBuyHold
Jun 20, 2023BenchmarkBuyBuyHold
May 26, 2023Loop Capital MarketsSellHoldUpgrade
May 05, 2023GuggenheimBuyBuyHold
May 05, 2023BenchmarkBuyBuyHold
Apr 14, 2023NeedhamBuyBuyHold
Apr 04, 2023BenchmarkBuyBuyHold
Mar 03, 2023NeedhamBuyBuyHold
Jan 04, 2023MacquarieNeutralNeutralHold
Dec 23, 2022Loop Capital MarketsSellDowngrade
Oct 31, 2022Wells FargoBuyUnderweightDowngrade
Oct 07, 2022NeedhamBuyBuyHold
Oct 04, 2022Bank of America SecuritiesUnderperformDowngrade
Oct 04, 2022Wells FargoBuyDowngrade
Aug 24, 2022Deutsche BankBuyBuyHold
Aug 05, 2022Morgan StanleyUnderweightUnderweightHold
Aug 04, 2022CFRABuyUpgrade
Aug 02, 2022Deutsche BankBuyBuyHold
Jul 26, 2022Goldman SachsBuySellDowngrade
Jul 26, 2022Goldman SachsBuyDowngrade
Jul 18, 2022Morgan StanleyUnderweightCautiousDowngrade
Jul 18, 2022Morgan StanleyUnderweightDowngrade
Jul 07, 2022CitigroupBuyBuyHold
Jun 02, 2022Wolfe ResearchUnderperformDowngrade
May 23, 2022CitigroupBuyBuyHold
Apr 26, 2022Zacks Investment ResearchStrong SellDowngrade

Paramount Global's last stock rating was published by MoffettNathanson on Nov 11, 2024. The company gave PARA a "Neutral" rating, the same as its previous rate.

Paramount Global Financial Forecast

Paramount Global Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue---------------------$7.13B-$7.26B$8.13B$6.92B$7.78B$7.33B$8.00B$6.61B
Avg Forecast$8.20B$7.24B$7.46B$7.32B$7.82B$6.82B$7.04B$7.19B$7.88B$6.83B$6.99B$7.14B$7.88B$6.86B$7.06B$7.24B$8.11B$6.94B$7.21B$7.72B$7.83B$7.12B$7.44B$7.41B$8.17B$7.08B$7.56B$7.39B$7.50B$6.56B
High Forecast$8.36B$7.38B$7.60B$7.47B$7.97B$6.96B$7.18B$7.33B$8.03B$6.97B$7.13B$7.28B$8.04B$7.00B$7.20B$7.39B$8.28B$7.01B$7.21B$7.73B$7.93B$7.12B$7.59B$7.56B$8.44B$7.08B$7.56B$7.39B$7.50B$6.56B
Low Forecast$8.08B$7.13B$7.34B$7.21B$7.70B$6.72B$6.94B$7.08B$7.76B$6.73B$6.89B$7.04B$7.76B$6.76B$6.96B$7.17B$7.93B$6.88B$7.21B$7.72B$7.61B$7.12B$7.33B$7.30B$7.89B$7.08B$7.56B$7.39B$7.50B$6.56B
# Analysts444433333333444613777159991313131377
Surprise %---------------------1.00%-0.98%1.00%0.98%1.03%0.99%1.07%1.01%

Paramount Global's average Quarter revenue forecast for Dec 23 based on 15 analysts is $7.83B, with a low forecast of $7.61B, and a high forecast of $7.93B. PARA's average Quarter revenue forecast represents a 9.73% increase compared to the company's last Quarter revenue of $7.13B (Sep 23).

Paramount Global EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts444433333333444613777159991313131377
EBITDA---------------------$128.00M-$-1.13B$630.00M$804.00M$964.00M$935.00M$2.73B$996.00M
Avg Forecast$2.42B$2.14B$2.20B$2.16B$2.31B$2.02B$2.08B$2.13B$2.33B$2.02B$2.07B$2.11B$2.33B$2.03B$2.09B$2.14B$2.40B$2.05B$2.13B$2.28B$2.31B$2.10B$2.20B$2.19B$2.41B$914.27M$975.54M$661.29M$3.60B$847.49M
High Forecast$2.47B$2.18B$2.25B$2.21B$2.36B$2.06B$2.12B$2.17B$2.37B$2.06B$2.11B$2.15B$2.37B$2.07B$2.13B$2.18B$2.45B$2.07B$2.13B$2.28B$2.34B$2.10B$2.24B$2.23B$2.49B$914.27M$975.54M$793.55M$4.32B$847.49M
Low Forecast$2.39B$2.11B$2.17B$2.13B$2.28B$1.99B$2.05B$2.09B$2.29B$1.99B$2.04B$2.08B$2.29B$2.00B$2.06B$2.12B$2.34B$2.03B$2.13B$2.28B$2.25B$2.10B$2.16B$2.16B$2.33B$914.27M$975.54M$529.04M$2.88B$847.49M
Surprise %---------------------0.06%--0.51%0.26%0.88%0.99%1.41%0.76%1.18%

15 analysts predict PARA's average Quarter EBITDA for Dec 23 to be $2.31B, with a high of $2.34B and a low of $2.25B. This is 1706.73% upper than Paramount Global's previous annual EBITDA (Sep 23) of $128.00M.

Paramount Global Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts444433333333444613777159991313131377
Net Income---------------------$295.00M-$-1.08B$-9.00M$231.00M$419.00M$433.00M$2.08B$538.00M
Avg Forecast$290.44M$524.68M$508.40M$433.96M$217.75M$432.15M$348.00M$412.52M$217.56M$343.84M$253.31M$290.14M$163.17M$277.09M$231.02M$308.25M$133.16M$163.70M$83.98M$237.98M$-6.55M$78.60M$5.36K$115.55M$154.88M$305.48M$410.73M$356.59M$2.71B$507.77M
High Forecast$297.85M$538.04M$521.35M$445.01M$223.30M$443.16M$356.86M$423.03M$223.10M$352.60M$259.76M$297.53M$167.33M$284.15M$236.91M$352.29M$277.41M$169.28M$84.09M$238.37M$11.80M$79.72M$5.50K$118.49M$161.50M$305.48M$410.73M$427.91M$3.25B$507.77M
Low Forecast$284.72M$514.33M$498.37M$425.40M$213.46M$423.62M$341.13M$404.38M$213.26M$337.05M$248.31M$284.42M$159.95M$271.62M$226.47M$270.51M$22.19M$158.12M$83.86M$237.58M$-45.87M$77.49M$5.25K$113.27M$148.01M$305.48M$410.73M$285.27M$2.17B$507.77M
Surprise %---------------------3.75%--9.36%-0.06%0.76%1.02%1.21%0.77%1.06%

Paramount Global's average Quarter net income forecast for Dec 23 is $-6.55M, with a range of $-45.87M to $11.80M. PARA's average Quarter net income forecast represents a -102.22% decrease compared to the company's last Quarter net income of $295.00M (Sep 23).

Paramount Global SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts444433333333444613777159991313131377
SG&A---------------------$1.74B-$1.79B$2.05B$1.69B$1.73B$1.64B$2.00B$1.54B
Avg Forecast$1.85B$1.63B$1.68B$1.65B$1.76B$1.54B$1.59B$1.62B$1.77B$1.54B$1.58B$1.61B$1.78B$1.55B$1.59B$1.63B$1.83B$1.56B$1.62B$1.74B$1.76B$1.60B$1.68B$1.67B$1.84B$1.60B$1.70B$1.33B$2.63B$1.48B
High Forecast$1.88B$1.66B$1.71B$1.68B$1.80B$1.57B$1.62B$1.65B$1.81B$1.57B$1.61B$1.64B$1.81B$1.58B$1.62B$1.66B$1.86B$1.58B$1.62B$1.74B$1.79B$1.60B$1.71B$1.70B$1.90B$1.60B$1.70B$1.60B$3.16B$1.48B
Low Forecast$1.82B$1.61B$1.65B$1.62B$1.74B$1.51B$1.56B$1.60B$1.75B$1.52B$1.55B$1.58B$1.75B$1.52B$1.57B$1.62B$1.79B$1.55B$1.62B$1.74B$1.71B$1.60B$1.65B$1.64B$1.78B$1.60B$1.70B$1.07B$2.11B$1.48B
Surprise %---------------------1.08%-1.07%1.11%1.06%1.01%1.23%0.76%1.04%

Paramount Global's average Quarter SG&A projection for Dec 23 is $1.76B, based on 15 Wall Street analysts, with a range of $1.71B to $1.79B. The forecast indicates a 1.57% rise compared to PARA last annual SG&A of $1.74B (Sep 23).

Paramount Global EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts444433333333444613777159991313131377
EPS---------------------$0.45-$-1.66$-0.01$0.33$0.62$0.65$3.22$0.81
Avg Forecast$0.43$0.78$0.76$0.65$0.33$0.65$0.52$0.62$0.32$0.51$0.38$0.43$0.24$0.41$0.34$0.46$0.20$0.24$0.13$0.36$-0.01$0.12-$0.17$0.23$0.46$0.62$0.52$0.43$0.76
High Forecast$0.44$0.80$0.78$0.66$0.33$0.66$0.53$0.63$0.33$0.53$0.39$0.44$0.25$0.42$0.35$0.53$0.41$0.25$0.13$0.36$0.02$0.12-$0.18$0.24$0.46$0.62$0.52$0.43$0.76
Low Forecast$0.42$0.77$0.74$0.63$0.32$0.63$0.51$0.60$0.32$0.50$0.37$0.42$0.24$0.41$0.34$0.40$0.03$0.24$0.13$0.35$-0.07$0.12-$0.17$0.22$0.46$0.62$0.52$0.43$0.76
Surprise %---------------------3.84%--9.63%-0.06%0.72%1.01%1.25%7.53%1.06%

According to 15 Wall Street analysts, Paramount Global's projected average Quarter EPS for Dec 23 is $-0.01, with a low estimate of $-0.07 and a high estimate of $0.02. This represents a -102.17% decrease compared to PARA previous annual EPS of $0.45 (Sep 23).

Paramount Global Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AMCAMC Entertainment$3.98$5.0727.39%Hold
ROKURoku$74.34$78.385.43%Buy
DISWalt Disney$111.35$117.115.17%Buy
PARAParamount Global$10.46$10.752.77%Hold
NFLXNetflix$891.32$806.82-9.48%Buy
WBDWarner Bros. Discovery$10.57$8.56-19.02%Buy

PARA Forecast FAQ

Is Paramount Global a good buy?

No, according to 17 Wall Street analysts, Paramount Global (PARA) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 29.41% of PARA's total ratings.

What is PARA's price target?

Paramount Global (PARA) average price target is $10.75 with a range of $8 to $14, implying a 2.77% from its last price of $10.46. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Paramount Global stock go up soon?

According to Wall Street analysts' prediction for PARA stock, the company can go up by 2.77% (from the last price of $10.46 to the average price target of $10.75), up by 33.84% based on the highest stock price target, and down by -23.52% based on the lowest stock price target.

Can Paramount Global stock reach $20?

PARA's average twelve months analyst stock price target of $10.75 does not support the claim that Paramount Global can reach $20 in the near future.

What are Paramount Global's analysts' financial forecasts?

Paramount Global's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $28.88B (high $29.45B, low $28.44B), average EBITDA is $8.53B (high $8.7B, low $8.4B), average net income is $1.41B (high $1.45B, low $1.38B), average SG&A $6.51B (high $6.63B, low $6.41B), and average EPS is $2.11 (high $2.16, low $2.06). PARA's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $30.22B (high $30.82B, low $29.77B), average EBITDA is $8.93B (high $9.1B, low $8.79B), average net income is $1.76B (high $1.8B, low $1.72B), average SG&A $6.81B (high $6.94B, low $6.71B), and average EPS is $2.62 (high $2.69, low $2.57).

Did the PARA's actual financial results beat the analysts' financial forecasts?

Based on Paramount Global's last annual report (Dec 2022), the company's revenue was $30.15B, which missed the average analysts forecast of $30.19B by -0.13%. Apple's EBITDA was $3.32B, missing the average prediction of $4.97B by -33.17%. The company's net income was $1.1B, missing the average estimation of $1.23B by -10.07%. Apple's SG&A was $7.1B, beating the average forecast of $6.47B by 9.68%. Lastly, the company's EPS was $1.7, missing the average prediction of $1.83 by -6.91%. In terms of the last quarterly report (Sep 2023), Paramount Global's revenue was $7.13B, beating the average analysts' forecast of $7.12B by 0.17%. The company's EBITDA was $128M, missing the average prediction of $2.1B by -93.92%. Paramount Global's net income was $295M, beating the average estimation of $78.6M by 275.30%. The company's SG&A was $1.74B, beating the average forecast of $1.6B by 8.22%. Lastly, the company's EPS was $0.45, beating the average prediction of $0.117 by 283.57%