Paramount Global (PARA)
NASDAQ: PARA · Real-Time Price · USD
11.45
-0.10 (-0.87%)
Nov 12, 2024, 4:00 PM EST - Market closed
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 6.29% from the current stock price of 11.45.
Analyst Consensus: Sell
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 '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 7 | 8 | 8 | 8 | 8 |
| Sell | 7 | 6 | 5 | 5 | 5 | 3 |
| Strong Sell | 6 | 5 | 5 | 5 | 5 | 4 |
| Total | 23 | 21 | 20 | 20 | 20 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Sell Maintains $10 | Sell | Maintains | $10 | -12.66% | 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 | +22.27% | Sep 25, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $12 → $11 | Sell | Maintains | $12 → $11 | -3.93% | Aug 15, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $19 | Strong Buy | Reiterates | $19 | +65.94% | Aug 9, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.9% | 6.5% | 9.5% | ||
| Avg | 2.4% | -0.1% | 1.7% | ||
| Low | -4.6% | -7.9% | -6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.