Paramount Global (PARA)
NASDAQ: PARA · Real-Time Price · USD
10.42
+0.07 (0.68%)
Dec 24, 2024, 1:00 PM EST - Market closed
Paramount Global Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Paramount Global stock have an average target of 11.85, with a low estimate of 9.50 and a high estimate of 19. The average target predicts an increase of 13.72% from the current stock price of 10.42.
Analyst Consensus: Sell
* Price targets were last updated on Nov 11, 2024.
Analyst Ratings
The average analyst rating for PARA stock from 18 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 8 | 8 | 8 | 8 | 8 |
| Sell | 7 | 6 | 6 | 6 | 4 | 4 |
| Strong Sell | 5 | 5 | 5 | 5 | 4 | 4 |
| Total | 22 | 21 | 21 | 21 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Sell Maintains $10 | Sell | Maintains | $10 | -4.03% | Nov 11, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 11, 2024 |
| JP Morgan | JP Morgan | Sell Reiterates $11 | Sell | Reiterates | $11 | +5.57% | Oct 2, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $19 → $14 | Strong Buy | Maintains | $19 → $14 | +34.36% | Sep 25, 2024 |
| Loop Capital | Loop Capital | Strong Sell Reiterates $10 | Strong Sell | Reiterates | $10 | -4.03% | Aug 20, 2024 |
Financial Forecast
Revenue This Year
29.92B
from 29.65B
Increased by 0.92%
Revenue Next Year
29.72B
from 29.92B
Decreased by -0.69%
EPS This Year
1.88
from -1.02
EPS Next Year
1.64
from 1.88
Decreased by -12.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 31.7B | 32.0B | 33.2B | |||
| Avg | 29.9B | 29.7B | 30.3B | |||
| Low | 28.2B | 27.5B | 27.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.8% | 6.8% | 11.6% | |||
| Avg | 0.9% | -0.7% | 1.8% | |||
| Low | -4.9% | -8.0% | -7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.36 | 3.65 | 4.31 | |||
| Avg | 1.88 | 1.64 | 1.87 | |||
| Low | 1.45 | 0.86 | 0.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 94.6% | 162.2% | |||
| Avg | - | -12.6% | 13.7% | |||
| Low | - | -54.0% | -42.3% |
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.