Paramount Global (PARA)
NASDAQ: PARA · Real-Time Price · USD
10.66
+0.11 (1.04%)
At close: Sep 26, 2024, 4:00 PM
10.62
-0.04 (-0.38%)
After-hours: Sep 26, 2024, 7:32 PM EDT
Paramount Global Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Paramount Global stock have an average target of 11.93, with a low estimate of 9.00 and a high estimate of 19. The average target predicts an increase of 11.91% from the current stock price of 10.66.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for PARA stock from 19 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 8 | 7 | 7 | 8 | 8 |
| Sell | 6 | 5 | 6 | 5 | 4 | 4 |
| Strong Sell | 4 | 5 | 6 | 5 | 5 | 5 |
| Total | 21 | 22 | 22 | 20 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $19 → $14 | Strong Buy | Maintains | $19 → $14 | +31.33% | Sep 25, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $12 → $11 | Sell | Maintains | $12 → $11 | +3.19% | Aug 15, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $19 | Strong Buy | Reiterates | $19 | +78.24% | Aug 9, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 9, 2024 |
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $10 → $11 | Sell → Hold | Upgrades | $10 → $11 | +3.19% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
30.42B
from 29.65B
Increased by 2.58%
Revenue Next Year
30.42B
from 30.42B
Increased by 0.02%
EPS This Year
1.57
from -1.02
EPS Next Year
1.58
from 1.57
Increased by 0.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.7B | 32.4B | 33.5B | ||
| Avg | 30.4B | 30.4B | 31.0B | ||
| Low | 28.3B | 28.0B | 28.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.9% | 6.6% | 10.2% | ||
| Avg | 2.6% | 0.0% | 1.8% | ||
| Low | -4.6% | -8.1% | -7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.03 | 2.60 | 2.55 | ||
| Avg | 1.57 | 1.58 | 1.79 | ||
| Low | 1.17 | 0.85 | 0.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 66.2% | 61.7% | ||
| Avg | - | 0.6% | 13.6% | ||
| Low | - | -45.7% | -40.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.