Paramount Global (PARA) Stock Forecast, Price Target & Predictions
PARA Stock Forecast
Paramount Global stock forecast is as follows: an average price target of $16.35 (represents a 50.41% upside from PARA’s last price of $10.87) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
PARA Price Target
The average price target for Paramount Global (PARA) is $16.35 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $37.00 to $8.00. This represents a potential 50.41% upside from PARA's last price of $10.87.
PARA Analyst Ratings
According to 16 Wall Street analysts, Paramount Global's rating consensus is 'Buy'. The analyst rating breakdown for PARA stock is 0 'Strong Buy' (0.00%), 5 'Buy' (31.25%), 5 'Hold' (31.25%), 5 'Sell' (31.25%), and 1 'Strong Sell' (6.25%).
Paramount Global Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 25, 2024 | Michael Morris | Guggenheim | $14.00 | $10.55 | 32.70% | 28.79% |
| Aug 09, 2024 | Steven Cahall | Wells Fargo | $11.00 | $10.21 | 7.74% | 1.20% |
| Jul 02, 2024 | Alan Gould | Loop Capital Markets | $8.00 | $10.14 | -21.10% | -26.40% |
| Jun 25, 2024 | Michael Ng | Goldman Sachs | $9.50 | $10.29 | -7.68% | -12.60% |
| Jun 11, 2024 | Steven Cahall | Wells Fargo | $9.00 | $11.04 | -18.48% | -17.20% |
| May 03, 2024 | Alan Gould | Loop Capital Markets | $9.00 | $13.86 | -35.06% | -17.20% |
| Apr 30, 2024 | Barton Crockett | Rosenblatt Securities | $14.00 | $11.39 | 22.91% | 28.79% |
| Apr 30, 2024 | Benjamin Swinburne | Morgan Stanley | $10.00 | $11.39 | -12.20% | -8.00% |
| Apr 30, 2024 | Steven Cahall | Wells Fargo | $14.00 | $12.25 | 14.29% | 28.79% |
| Apr 04, 2024 | Alan Gould | Loop Capital Markets | $12.00 | $13.52 | -11.24% | 10.40% |
The latest Paramount Global stock forecast, released on Sep 25, 2024 by Michael Morris from Guggenheim, set a price target of $14.00, which represents a 32.70% increase from the stock price at the time of the forecast ($10.55), and a 28.79% increase from PARA last price ($10.87).
Paramount Global Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 15 |
| Avg Price Target | - | $12.50 | $12.37 |
| Last Closing Price | $10.87 | $10.87 | $10.87 |
| Upside/Downside | -100.00% | 15.00% | 13.80% |
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 $10.87. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 04, 2024 | Seaport Global | Neutral | Neutral | Hold |
| Sep 25, 2024 | Guggenheim | Buy | Buy | Hold |
| Aug 27, 2024 | Seaport Global | Neutral | Neutral | Hold |
| Aug 09, 2024 | Wells Fargo | Underweight | Equal-Weight | Upgrade |
| Jul 17, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| Jul 09, 2024 | Wolfe Research | Peer Perform | Underperform | Downgrade |
| Jul 02, 2024 | Loop Capital Markets | Sell | Sell | Hold |
| Jun 11, 2024 | Wells Fargo | Equal-Weight | Underweight | Downgrade |
| Jun 04, 2024 | Barclays | Underweight | Underweight | Hold |
| Jun 03, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
Paramount Global's last stock rating was published by Seaport Global on Oct 04, 2024. The company gave PARA a "Neutral" rating, the same as its previous rate.
Paramount Global Financial Forecast
Paramount Global Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.13B | - | $7.26B | $8.13B | $6.92B | $7.78B | $7.33B | $8.00B | $6.61B |
| Avg Forecast | $9.07B | $7.44B | $7.52B | $7.37B | $8.19B | $6.99B | $7.08B | $7.27B | $8.18B | $7.07B | $7.06B | $7.22B | $8.24B | $7.11B | $7.07B | $7.32B | $8.28B | $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 | $9.07B | $7.44B | $7.52B | $7.37B | $8.19B | $6.99B | $7.08B | $7.27B | $8.18B | $7.07B | $7.06B | $7.22B | $8.24B | $7.11B | $7.07B | $7.32B | $8.28B | $7.25B | $7.21B | $7.73B | $7.93B | $7.12B | $7.44B | $7.41B | $8.17B | $7.08B | $7.56B | $7.39B | $7.50B | $6.56B |
| Low Forecast | $9.07B | $7.44B | $7.52B | $7.37B | $8.19B | $6.99B | $7.08B | $7.27B | $8.18B | $7.07B | $7.06B | $7.22B | $8.24B | $7.11B | $7.07B | $7.32B | $8.28B | $6.79B | $7.21B | $7.72B | $7.61B | $7.12B | $7.44B | $7.41B | $8.17B | $7.08B | $7.56B | $7.39B | $7.50B | $6.56B |
| # Analysts | 6 | 10 | 6 | 12 | 13 | 7 | 7 | 9 | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 6 | 7 | 14 | 7 | 7 | 15 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 |
| 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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 10 | 6 | 12 | 13 | 7 | 7 | 9 | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 6 | 7 | 14 | 7 | 7 | 15 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $128.00M | - | $-1.13B | $630.00M | $804.00M | $964.00M | $935.00M | $2.73B | $996.00M |
| Avg Forecast | $1.17B | $960.90M | $970.32M | $951.96M | $1.06B | $902.00M | $914.33M | $938.59M | $1.06B | $912.73M | $911.70M | $932.71M | $1.06B | $917.54M | $912.46M | $945.28M | $1.07B | $896.56M | $930.26M | $997.18M | $1.01B | $919.33M | $960.55M | $957.19M | $1.05B | $914.27M | $975.54M | $661.29M | $3.60B | $847.49M |
| High Forecast | $1.17B | $960.90M | $970.32M | $951.96M | $1.06B | $902.00M | $914.33M | $938.59M | $1.06B | $912.73M | $911.70M | $932.71M | $1.06B | $917.54M | $912.46M | $945.28M | $1.07B | $935.43M | $930.28M | $997.36M | $1.02B | $919.65M | $960.55M | $957.19M | $1.05B | $914.27M | $975.54M | $793.55M | $4.32B | $847.49M |
| Low Forecast | $1.17B | $960.90M | $970.32M | $951.96M | $1.06B | $902.00M | $914.33M | $938.59M | $1.06B | $912.73M | $911.70M | $932.71M | $1.06B | $917.54M | $912.46M | $945.28M | $1.07B | $877.13M | $930.24M | $997.00M | $982.02M | $919.01M | $960.55M | $957.19M | $1.05B | $914.27M | $975.54M | $529.04M | $2.88B | $847.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.14% | - | -1.18% | 0.60% | 0.88% | 0.99% | 1.41% | 0.76% | 1.18% |
15 analysts predict PARA's average Quarter EBITDA for Dec 23 to be $1.01B, with a high of $1.02B and a low of $982.02M. This is 689.50% upper than Paramount Global's previous annual EBITDA (Sep 23) of $128.00M.
Paramount Global Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 10 | 6 | 12 | 13 | 7 | 7 | 9 | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 6 | 7 | 14 | 7 | 7 | 15 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $295.00M | - | $-1.08B | $-9.00M | $231.00M | $419.00M | $433.00M | $2.08B | $538.00M |
| Avg Forecast | $528.53M | $403.00M | $541.34M | $501.72M | $347.37M | $307.89M | $372.05M | $467.63M | $298.37M | $252.23M | $251.33M | $321.22M | $177.08M | $245.34M | $271.40M | $299.82M | $138.90M | $162.96M | $83.60M | $236.91M | $-6.52M | $78.25M | $5.34K | $115.03M | $154.19M | $305.48M | $410.73M | $356.59M | $2.71B | $507.77M |
| High Forecast | $528.53M | $403.00M | $541.34M | $501.72M | $347.37M | $307.89M | $372.05M | $467.63M | $298.37M | $252.23M | $251.33M | $321.22M | $177.08M | $245.34M | $271.40M | $299.82M | $138.90M | $271.60M | $83.72M | $237.31M | $11.74M | $79.36M | $5.34K | $115.03M | $154.19M | $305.48M | $410.73M | $427.91M | $3.25B | $507.77M |
| Low Forecast | $528.53M | $403.00M | $541.34M | $501.72M | $347.37M | $307.89M | $372.05M | $467.63M | $298.37M | $252.23M | $251.33M | $321.22M | $177.08M | $245.34M | $271.40M | $299.82M | $138.90M | $115.43M | $83.49M | $236.52M | $-45.67M | $77.15M | $5.34K | $115.03M | $154.19M | $305.48M | $410.73M | $285.27M | $2.17B | $507.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.77% | - | -9.41% | -0.06% | 0.76% | 1.02% | 1.21% | 0.77% | 1.06% |
Paramount Global's average Quarter net income forecast for Dec 23 is $-6.52M, with a range of $-45.67M to $11.74M. PARA's average Quarter net income forecast represents a -102.21% decrease compared to the company's last Quarter net income of $295.00M (Sep 23).
Paramount Global SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 10 | 6 | 12 | 13 | 7 | 7 | 9 | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 6 | 7 | 14 | 7 | 7 | 15 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.74B | - | $1.79B | $2.05B | $1.69B | $1.73B | $1.64B | $2.00B | $1.54B |
| Avg Forecast | $2.04B | $1.68B | $1.69B | $1.66B | $1.84B | $1.57B | $1.60B | $1.64B | $1.84B | $1.59B | $1.59B | $1.63B | $1.86B | $1.60B | $1.59B | $1.65B | $1.86B | $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 | $2.04B | $1.68B | $1.69B | $1.66B | $1.84B | $1.57B | $1.60B | $1.64B | $1.84B | $1.59B | $1.59B | $1.63B | $1.86B | $1.60B | $1.59B | $1.65B | $1.86B | $1.63B | $1.62B | $1.74B | $1.79B | $1.60B | $1.68B | $1.67B | $1.84B | $1.60B | $1.70B | $1.60B | $3.16B | $1.48B |
| Low Forecast | $2.04B | $1.68B | $1.69B | $1.66B | $1.84B | $1.57B | $1.60B | $1.64B | $1.84B | $1.59B | $1.59B | $1.63B | $1.86B | $1.60B | $1.59B | $1.65B | $1.86B | $1.53B | $1.62B | $1.74B | $1.71B | $1.60B | $1.68B | $1.67B | $1.84B | $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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 10 | 6 | 12 | 13 | 7 | 7 | 9 | 9 | 7 | 11 | 7 | 6 | 12 | 6 | 6 | 7 | 14 | 7 | 7 | 15 | 9 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.45 | - | $-1.66 | $-0.01 | $0.33 | $0.62 | $0.65 | $3.22 | $0.81 |
| Avg Forecast | $0.79 | $0.60 | $0.81 | $0.75 | $0.52 | $0.46 | $0.56 | $0.70 | $0.45 | $0.38 | $0.38 | $0.48 | $0.27 | $0.37 | $0.41 | $0.45 | $0.21 | $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 | $0.79 | $0.60 | $0.81 | $0.75 | $0.52 | $0.46 | $0.56 | $0.70 | $0.45 | $0.38 | $0.38 | $0.48 | $0.27 | $0.37 | $0.41 | $0.45 | $0.21 | $0.41 | $0.13 | $0.36 | $0.02 | $0.12 | - | $0.17 | $0.23 | $0.46 | $0.62 | $0.52 | $0.43 | $0.76 |
| Low Forecast | $0.79 | $0.60 | $0.81 | $0.75 | $0.52 | $0.46 | $0.56 | $0.70 | $0.45 | $0.38 | $0.38 | $0.48 | $0.27 | $0.37 | $0.41 | $0.45 | $0.21 | $0.17 | $0.13 | $0.35 | $-0.07 | $0.12 | - | $0.17 | $0.23 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WBD | Warner Bros. Discovery | $8.17 | $17.13 | 109.67% | Buy |
| ROKU | Roku | $67.18 | $110.75 | 64.86% | Buy |
| PARA | Paramount Global | $10.87 | $16.35 | 50.41% | Buy |
| DIS | Walt Disney Company | $95.79 | $135.15 | 41.09% | Buy |
| AMC | AMC Entertainment | $4.35 | $4.68 | 7.59% | Hold |
| NFLX | Netflix | $755.51 | $608.20 | -19.50% | Buy |
PARA Forecast FAQ
Is Paramount Global a good buy?
Yes, according to 16 Wall Street analysts, Paramount Global (PARA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 31.25% of PARA's total ratings.
What is PARA's price target?
Paramount Global (PARA) average price target is $16.35 with a range of $8 to $37, implying a 50.41% from its last price of $10.87. The data is based on 16 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 50.41% (from the last price of $10.87 to the average price target of $16.35), up by 240.39% based on the highest stock price target, and down by -26.40% based on the lowest stock price target.
Can Paramount Global stock reach $20?
PARA's highest twelve months analyst stock price target of $37 supports 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 $29.53B (high $29.53B, low $29.53B), average EBITDA is $3.81B (high $3.81B, low $3.81B), average net income is $1.49B (high $1.49B, low $1.49B), average SG&A $6.65B (high $6.65B, low $6.65B), and average EPS is $2.24 (high $2.24, low $2.24). PARA's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $31.4B (high $31.4B, low $31.4B), average EBITDA is $4.05B (high $4.05B, low $4.05B), average net income is $1.97B (high $1.97B, low $1.97B), average SG&A $7.07B (high $7.07B, low $7.07B), and average EPS is $2.96 (high $2.96, low $2.96).
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 $3.61B by -7.99%. The company's net income was $1.1B, missing the average estimation of $1.23B by -10.02%. 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 $919.33M by -86.08%. Paramount Global's net income was $295M, beating the average estimation of $78.25M by 276.99%. 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%