Paramount Global (PARA)
NASDAQ: PARA · Real-Time Price · USD
10.88
-0.21 (-1.89%)
At close: Nov 22, 2024, 4:00 PM
10.86
-0.02 (-0.18%)
After-hours: Nov 22, 2024, 7:12 PM EST

Paramount Global Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Paramount Global stock have an average target of 12.17, with a low estimate of 9.50 and a high estimate of 19. The average target predicts an increase of 11.86% from the current stock price of 10.88.

Analyst Consensus: Sell
Target Low Average Median High
Price $9.50 $12.17 $11.5 $19
Change -12.68% +11.86% +5.70% +74.63%

Analyst Ratings

The average analyst rating for PARA stock from 17 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 332222
Buy 000000
Hold 778888
Sell 765553
Strong Sell 655554
Total 232120202017

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Macquarie
Macquarie
Sell
Maintains
$10
Sell Maintains $10 -8.09% Nov 11, 2024
Needham
Needham
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Nov 11, 2024
Guggenheim
Guggenheim
Strong Buy
Maintains
$19$14
Strong Buy Maintains $19$14 +28.68% Sep 25, 2024
JP Morgan
JP Morgan
Sell
Maintains
$12$11
Sell Maintains $12$11 +1.10% Aug 15, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$19
Strong Buy Reiterates $19 +74.63% Aug 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
30.35B
from 29.65B
Increased by 2.36%
Revenue Next Year
30.31B
from 30.35B
Decreased by -0.13%
EPS This Year
1.60
from -1.02
EPS Next Year
1.51
from 1.60
Decreased by -5.45%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
27.00B25.29B28.59B30.15B29.65B30.35B30.31B30.84B
Revenue Growth
2.17%-6.34%13.06%5.49%-1.66%2.36%-0.13%1.75%
EPS
5.363.926.941.61-1.021.601.511.77
EPS Growth
-3.78%-26.84%76.97%-76.76%---5.45%16.95%
Forward PE
-----6.807.196.15
No. Analysts -----313126
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 31.7B 32.3B 33.2B
Avg 30.4B 30.3B 30.8B
Low 28.3B 28.0B 28.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
6.9%
6.5%
9.5%
Avg
2.4%
-0.1%
1.7%
Low
-4.6%
-7.9%
-6.7%

EPS Forecast

EPS 20242025202620272028
High 2.06 2.26 2.43
Avg 1.60 1.51 1.77
Low 1.25 0.85 0.94

EPS Growth

EPS Growth 20242025202620272028
High -
41.1%
60.4%
Avg -
-5.5%
17.0%
Low -
-46.8%
-37.8%
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.