Paramount Global (PARA)
| Market Cap | 8.25B |
| Revenue (ttm) | 28.72B |
| Net Income (ttm) | -5.48B |
| Shares Out | 674.16M |
| EPS (ttm) | -8.21 |
| PE Ratio | n/a |
| Forward PE | 9.57 |
| Dividend | $0.20 (1.63%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 6,809,884 |
| Open | 12.19 |
| Previous Close | 12.17 |
| Day's Range | 12.14 - 12.29 |
| 52-Week Range | 9.54 - 12.54 |
| Beta | 1.21 |
| Analysts | Sell |
| Price Target | 11.36 (-7.19%) |
| Earnings Date | May 8, 2025 |
About PARA
Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; and domestic premium and basic cable networks, such as Nickelodeon, MTV, CMT, Comedy Central, BET, Paramount+ with SHOWTIME, Paramount Network, The Sm... [Read more]
Financial Performance
In 2024, Paramount Global's revenue was $29.21 billion, a decrease of -1.48% compared to the previous year's $29.65 billion. Losses were -$6.20 billion, 831.5% more than in 2023.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for PARA stock is "Sell." The 12-month stock price forecast is $11.36, which is a decrease of -7.19% from the latest price.
News
Paramount layoffs: TV and movie giant cuts 3.5% of U.S. workforce ahead of merger with Skydance Media, citing uncertain economy
Paramount Global is cutting 3.5% of its U.S. workforce as customers switch away from traditional pay-TV bundles in today's shifting media landscape and uncertain economy.
Paramount slashes jobs as streaming wars intensify
Paramount Global is slashing its U.S. workforce by 3.5% as it takes "hard, but necessary steps to further streamline" the company, according to a memo obtained by FOX Business.
Paramount to slash 3.5% of US staff in latest round of cuts: ‘Hard, but necessary'
The move follows a 15% reduction last year as part of a $500 million cost cutting plan. The company ended 2024 with 18,600 employees worldwide.
Paramount is laying off 3.5% of its US workers. Read the memo its leadership sent to staff.
Paramount is cutting 3.5% of its US workforce amid linear TV declines. The layoffs follow similar moves by Disney and Warner Bros.
Paramount to lay off 3.5% of US staff in latest job cut, memo shows
Paramount Global is laying off 3.5% of its U.S. staff in the latest round of job cuts as the company grapples with a decline in cable TV subscribers, according to an internal memo seen by Reuters.
Paramount to cut 3% of U.S. workforce as it deepens cost-cutting
Paramount Global told employees it would be reducing its workforce by 3.5% and that the majority of the impacted staff would be alerted on Tuesday. It's the latest round of layoffs at the media compan...
Paramount Global CFO Naveen Chopra Is Departing
Paramount Global said its chief financial officer Naveen Chopra is departing “to pursue other opportunities” as the company still awaits FCC approval for the merger with Skydance it announced almost a...
Paramount Announces CFO Transition
NEW YORK , June 9, 2025 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA), today announced that Naveen Chopra, Executive Vice President and Chief Financial Officer, is departing to pursue other o...
Paramount chair Shari Redstone confirms thyroid cancer diagnosis
Paramount Global chair Shari Redstone was diagnosed with thyroid cancer earlier this spring, a spokesperson for Redstone said in a statement to Reuters on Thursday.
It's possible Paramount sale could collapse under pressure from Trump: analysts
It's been nearly a year since Paramount Global reached an agreement to sell itself to Skydance Media, but the deal has dragged on amid uncertainty due to pressure from the Trump administration.
Paramount Will Be A “Melting Ice Cube” If Trump Dooms Skydance Deal, Ex-FCC Commissioner Rob McDowell Says – But Even A 2-Member Agency Could Still Approve It
Paramount Global will be “a melting ice cube” if its pending $8 billion merger with Skydance Media doesn't close, former FCC commissioner Rob McDowell cautioned Thursday.
NICKELODEON ACQUIRES BRAND-NEW ANIMATED SERIES MR. CROCODILE FROM JOANN SFAR'S MAGICAL SOCIETY & MEDIAWAN
Based on the Best-Selling French Children's Book Mister Crocodile is Very Hungry from Joann Sfar Images HERE NEW YORK , June 5, 2025 /PRNewswire/ -- Nickelodeon today announced the acquisition of Mr....
Paramount-Skydance Watch: Wall Street Analyst Increasingly Concerned Deal May Collapse
A prolonged FCC review against a backdrop of President Donald Trump's lawsuit is fueling speculation that a Paramount-Skydance marriage may be heading for the rocks.
PARAMOUNT GLOBAL DECLARES QUARTERLY CASH DIVIDEND
NEW YORK , June 4, 2025 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share on both its Class A...
Paramount Fires WPP Media, Its Longtime Agency Of Record, In Cost-Saving Move Amid Skydance Merger Review
EXCLUSIVE: In a move that blindsided many staffers, Paramount has fired its longtime media agency of record in a cost-saving move as its merger with Skydance Media continues to gestate. WPP Media, for...
Paramount Global nominates three board directors as Skydance merger awaits approval
Paramount Global nominated three new directors on Monday, seeking to boost its board strength to seven as it awaits regulatory approval for its $8.4 billion merger with Skydance Media.
Paramount Schedules Annual Shareholder Meeting, Sets Board Expansion Amid Skydance Merger Watch
Paramount Global has set its annual shareholder meeting for July 2, offering the latest signal that the long-gestating merger with Skydance Media is unlikely to close on schedule.
Paramount Nominates Three New Directors, Sets July 2 Annual Meeting
The entertainment company is in the midst of negotiations to settle a lawsuit by President Trump against its CBS News division.
Netflix, Paramount Dominate New Top Series Viewers: How Streaming, Connection With Different Age Demographics Helps
A new report of the most-viewed television series in the 2024-2025 season shows Netflix Inc NFLX and Paramount Global PARA PARAA as winners across broadcast television and the streaming sector.
California opens inquiry into whether Paramount violated state bribery, competition laws, Semafor reports
The California State Senate has opened an inquiry into whether Paramount violated state laws against bribery and unfair competition, Semafor reported on Friday.
Top 2 Real Estate Stocks That May Implode In Q2
As of May 30, 2025, two stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Paramount has offered $15 million to settle CBS lawsuit with Trump: report
Trump's team wants more than $25 million and is also seeking an apology from CBS News; it has also threatened CBS with another lawsuit related to alleged bias of its news coverage, the report added.
Paramount Offers Millions To Trump To End $20B '60 Minutes' Suit & Let Skydance Merger Go Through
Donald Trump and Paramount don't have a deal yet to settle POTUS' months old $20 billion 60 Minutes lawsuit, but the Shari Redstone ruled media company has put some serious millions on the table in th...
Paramount has offered $15 million to settle CBS lawsuit, WSJ reports
A month into negotiations, Paramount Global has offered $15 million to settle U.S. President Donald Trump's lawsuit against CBS News, but the parties remain far apart on terms, the Wall Street Journal...
Paramount Has Offered $15 Million to Settle CBS Lawsuit. Trump Wants More.
The president's team threatened another lawsuit amid settlement talks.