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(PARAA) Stock Forecast, Price Target & Predictions

OverviewRevenueFinancialsChartTranscripts

PARAA Stock Forecast

stock forecast is as follows: an average price target of $22.67 (represents a -0.61% downside from PARAA’s last price of $22.81) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

PARAA Price Target

The average price target for (PARAA) is $22.67 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $37.00 to $14.00. This represents a potential -0.61% downside from PARAA's last price of $22.81.

PARAA Analyst Ratings

Buy

According to 4 Wall Street analysts, 's rating consensus is 'Buy'. The analyst rating breakdown for PARAA stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 0 'Hold' (0.00%), 2 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).

Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 23, 2022Loop Capital Markets$14.00$19.41-27.87%-38.62%
Dec 19, 2022Morgan Stanley$14.00$19.67-28.83%-38.62%
Aug 05, 2022Deutsche Bank$32.00$27.2317.53%40.29%
Jul 14, 2022Barclays$20.00$27.17-26.39%-12.32%
Jul 11, 2022Rosenblatt Securities$19.00$28.00-32.14%-16.70%
Jul 07, 2022Citigroup$37.00$27.7933.14%62.21%

The latest stock forecast, released on Dec 23, 2022 by Loop Capital Markets company, set a price target of $14.00, which represents a -27.87% decrease from the stock price at the time of the forecast ($19.41), and a -38.62% decrease from PARAA last price ($22.81).

Price Target by Period

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$22.81$22.81$22.81
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to 's last price of $22.81. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 19, 2022Morgan StanleyUnderweightUnderweightHold
Aug 05, 2022Deutsche BankBuyBuyHold
Aug 05, 2022Morgan StanleyUnderweightUnderweightHold
Jul 14, 2022BarclaysUnderweightUnderweightHold
Jul 07, 2022CitigroupBuyBuyHold

's last stock rating was published by Morgan Stanley on Dec 19, 2022. The company gave PARAA a "Underweight" rating, the same as its previous rate.

Financial Forecast

Revenue Forecast

Sep 29Jun 29Mar 29Dec 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 22
Revenue--------------------------$7.26B$8.13B$6.92B$7.78B
Avg Forecast$7.32B$7.56B$7.43B$8.20B$7.24B$7.46B$7.32B$7.73B$6.84B$7.11B$7.24B$7.84B$6.83B$7.01B$7.16B$7.91B$6.88B$7.11B$7.25B$8.09B$6.94B$7.19B$7.72B$7.82B$7.12B$7.44B$7.41B$8.17B$7.08B$7.56B
High Forecast$7.41B$7.66B$7.52B$8.30B$7.33B$7.55B$7.41B$7.83B$6.92B$7.20B$7.33B$7.94B$6.91B$7.10B$7.25B$8.00B$6.97B$7.20B$7.34B$8.19B$7.00B$7.19B$7.72B$7.91B$7.12B$7.53B$7.51B$8.39B$7.08B$7.56B
Low Forecast$7.24B$7.48B$7.35B$8.11B$7.16B$7.38B$7.24B$7.65B$6.76B$7.03B$7.17B$7.75B$6.75B$6.94B$7.08B$7.82B$6.81B$7.04B$7.17B$8.00B$6.87B$7.19B$7.72B$7.73B$7.12B$7.36B$7.33B$7.92B$7.08B$7.56B
# Analysts4443333444444443335109749464374
Surprise %--------------------------0.98%1.00%0.98%1.03%

's average Quarter revenue forecast for Jun 23 based on 6 analysts is $7.44B, with a low forecast of $7.36B, and a high forecast of $7.53B. PARAA's average Quarter revenue forecast represents a 2.41% increase compared to the company's last Quarter revenue of $7.26B (Mar 23).

EBITDA Forecast

Sep 29Jun 29Mar 29Dec 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 22
# Analysts4443333444444443335109749464374
EBITDA--------------------------$-863.00M$337.00M$655.00M$872.00M
Avg Forecast$2.16B$2.23B$2.19B$2.42B$2.14B$2.20B$2.16B$2.29B$2.02B$2.10B$2.14B$2.32B$2.02B$2.07B$2.12B$2.34B$2.03B$2.10B$2.14B$2.39B$2.05B$2.13B$2.28B$2.31B$2.10B$2.20B$2.19B$2.41B$914.27M$975.54M
High Forecast$2.19B$2.26B$2.22B$2.45B$2.17B$2.23B$2.19B$2.31B$2.04B$2.13B$2.17B$2.34B$2.04B$2.10B$2.14B$2.37B$2.06B$2.13B$2.17B$2.42B$2.07B$2.13B$2.28B$2.34B$2.10B$2.23B$2.22B$2.48B$914.27M$975.54M
Low Forecast$2.14B$2.21B$2.17B$2.40B$2.12B$2.18B$2.14B$2.26B$2.00B$2.08B$2.12B$2.29B$1.99B$2.05B$2.09B$2.31B$2.01B$2.08B$2.12B$2.36B$2.03B$2.13B$2.28B$2.28B$2.10B$2.17B$2.17B$2.34B$914.27M$975.54M
Surprise %---------------------------0.39%0.14%0.72%0.89%

4 analysts predict PARAA's average Quarter EBITDA for Mar 23 to be $2.19B, with a high of $2.22B and a low of $2.17B. This is 549.99% upper than 's previous annual EBITDA (Dec 22) of $337.00M.

Net Income Forecast

Sep 29Jun 29Mar 29Dec 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 22
# Analysts4443333444444443335109749464374
Net Income--------------------------$-1.84B$21.00M$231.00M$419.00M
Avg Forecast$593.55M$517.84M$464.18M$290.44M$524.68M$508.40M$433.96M$217.75M$432.15M$348.00M$412.52M$217.56M$337.14M$251.08M$290.14M$158.60M$298.48M$236.12M$305.66M$90.02M$162.35M$84.11M$240.84M$-6.77M$79.07M$-142.04K$113.10M$153.99M$299.51M$410.73M
High Forecast$603.11M$526.18M$471.65M$295.12M$533.13M$516.59M$440.95M$221.26M$439.11M$353.61M$419.17M$221.06M$342.57M$255.12M$294.82M$161.16M$303.29M$239.93M$310.59M$91.47M$168.61M$84.29M$241.01M$-6.67M$80.08M$-140.03K$114.92M$159.31M$299.51M$410.73M
Low Forecast$585.17M$510.53M$457.62M$286.34M$517.27M$501.22M$427.84M$214.67M$426.05M$343.09M$406.70M$214.49M$332.38M$247.53M$286.05M$156.36M$294.26M$232.78M$301.35M$88.75M$156.10M$83.92M$240.69M$-6.88M$78.06M$-144.33K$111.50M$147.79M$299.51M$410.73M
Surprise %---------------------------16.30%0.14%0.77%1.02%

's average Quarter net income forecast for Mar 23 is $113.10M, with a range of $111.50M to $114.92M. PARAA's average Quarter net income forecast represents a 438.55% increase compared to the company's last Quarter net income of $21.00M (Dec 22).

SG&A Forecast

Sep 29Jun 29Mar 29Dec 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 22
# Analysts4443333444444443335109749464374
SG&A--------------------------$1.75B$2.00B$1.67B$1.73B
Avg Forecast$1.65B$1.70B$1.67B$1.85B$1.63B$1.68B$1.65B$1.74B$1.54B$1.60B$1.63B$1.77B$1.54B$1.58B$1.61B$1.78B$1.55B$1.60B$1.63B$1.82B$1.56B$1.62B$1.74B$1.76B$1.60B$1.68B$1.67B$1.84B$1.60B$1.70B
High Forecast$1.67B$1.73B$1.69B$1.87B$1.65B$1.70B$1.67B$1.76B$1.56B$1.62B$1.65B$1.79B$1.56B$1.60B$1.63B$1.80B$1.57B$1.62B$1.65B$1.84B$1.58B$1.62B$1.74B$1.78B$1.60B$1.70B$1.69B$1.89B$1.60B$1.70B
Low Forecast$1.63B$1.69B$1.65B$1.83B$1.61B$1.66B$1.63B$1.72B$1.52B$1.58B$1.61B$1.75B$1.52B$1.56B$1.60B$1.76B$1.53B$1.59B$1.62B$1.80B$1.55B$1.62B$1.74B$1.74B$1.60B$1.66B$1.65B$1.78B$1.60B$1.70B
Surprise %--------------------------1.05%1.09%1.05%1.01%

's average Quarter SG&A projection for Jun 23 is $1.68B, based on 6 Wall Street analysts, with a range of $1.66B to $1.70B. The forecast indicates a -4.39% fall compared to PARAA last annual SG&A of $1.75B (Mar 23).

EPS Forecast

Sep 29Jun 29Mar 29Dec 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 22
# Analysts4443333444444443335109749464374
EPS--------------------------$-2.83$0.03$0.36$0.62
Avg Forecast$0.89$0.77$0.69$0.43$0.78$0.76$0.65$0.33$0.65$0.52$0.62$0.32$0.50$0.37$0.43$0.24$0.45$0.35$0.46$0.13$0.24$0.13$0.36$-0.01$0.12$-0.00$0.17$0.23$0.45$0.62
High Forecast$0.90$0.79$0.70$0.44$0.80$0.77$0.66$0.33$0.66$0.53$0.63$0.33$0.51$0.38$0.44$0.24$0.45$0.36$0.46$0.14$0.25$0.13$0.36$-0.01$0.12$-0.00$0.17$0.24$0.45$0.62
Low Forecast$0.87$0.76$0.68$0.43$0.77$0.75$0.64$0.32$0.64$0.51$0.61$0.32$0.50$0.37$0.43$0.23$0.44$0.35$0.45$0.13$0.23$0.13$0.36$-0.01$0.12$-0.00$0.17$0.22$0.45$0.62
Surprise %---------------------------16.77%0.14%0.80%1.01%

According to 4 Wall Street analysts, 's projected average Quarter EPS for Mar 23 is $0.17, with a low estimate of $0.17 and a high estimate of $0.17. This represents a 427.50% increase compared to PARAA previous annual EPS of $0.03 (Dec 22).

Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NWSANews$28.20$39.0038.30%Buy
MSGSMadison Square Garden Sports$219.71$277.0026.08%Buy
MCSMarcus$20.80$26.0025.00%Buy
WMGWarner Music Group$31.48$34.008.01%Buy
DISWalt Disney$113.19$120.106.10%Buy
PARAAParamount Global$22.81$22.67-0.61%Buy
ROKURoku$82.58$76.81-6.99%Buy
NFLXNetflix$978.15$875.68-10.48%Buy
FOXFox$47.85$42.00-12.23%Buy
WBDWarner Bros. Discovery$10.43$7.67-26.46%Buy

PARAA Forecast FAQ

Is a good buy?

Yes, according to 4 Wall Street analysts, (PARAA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of PARAA's total ratings.

What is PARAA's price target?

(PARAA) average price target is $22.67 with a range of $14 to $37, implying a -0.61% from its last price of $22.81. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will stock go up soon?

According to Wall Street analysts' prediction for PARAA stock, the company can go down by -0.61% (from the last price of $22.81 to the average price target of $22.67), up by 62.21% based on the highest stock price target, and down by -38.62% based on the lowest stock price target.

Can stock reach $30?

PARAA's highest twelve months analyst stock price target of $37 supports the claim that can reach $30 in the near future.

What are 's analysts' financial forecasts?

's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $28.92B (high $29.28B, low $28.61B), average EBITDA is $8.55B (high $8.65B, low $8.45B), average net income is $1.41B (high $1.43B, low $1.39B), average SG&A $6.52B (high $6.6B, low $6.45B), and average EPS is $2.11 (high $2.14, low $2.08). PARAA's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $30.22B (high $30.6B, low $29.9B), average EBITDA is $8.93B (high $9.04B, low $8.83B), average net income is $1.76B (high $1.79B, low $1.73B), average SG&A $6.81B (high $6.89B, low $6.73B), and average EPS is $2.62 (high $2.67, low $2.59).

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

Based on 's last annual report (Dec 2022), the company's revenue was $30.15B, beating the average analysts forecast of $22.81B by 32.21%. Apple's EBITDA was $2.67B, missing the average prediction of $4.3B by -38.03%. The company's net income was $1.1B, beating the average estimation of $864.23M by 27.74%. Apple's SG&A was $7.03B, beating the average forecast of $5.14B by 36.88%. Lastly, the company's EPS was $1.7, beating the average prediction of $1.29 by 31.31%. In terms of the last quarterly report (Mar 2023), 's revenue was $7.26B, missing the average analysts' forecast of $7.41B by -2.01%. The company's EBITDA was $-863M, missing the average prediction of $2.19B by -139.40%. 's net income was $-1.844B, missing the average estimation of $113.1M by -1730.47%. The company's SG&A was $1.75B, beating the average forecast of $1.67B by 4.96%. Lastly, the company's EPS was $-2.83, missing the average prediction of $0.169 by -1776.54%