Paramount Global (PARA)
NASDAQ: PARA · IEX Real-Time Price · USD
10.72
+0.58 (5.72%)
At close: Jul 2, 2024, 4:00 PM
11.57
+0.85 (7.93%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Paramount Global Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Paramount Global stock have an average target of 13.09, with a low estimate of 9.00 and a high estimate of 20. The average target predicts an increase of 22.11% from the current stock price of 10.72.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for PARA stock from 22 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 4 | 4 | 3 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 5 | 4 | 5 | 7 | 8 | 7 |
Sell | 7 | 6 | 6 | 6 | 5 | 6 |
Strong Sell | 5 | 5 | 4 | 4 | 5 | 6 |
Total | 23 | 21 | 21 | 21 | 22 | 22 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Goldman Sachs | Goldman Sachs | Strong Sell Initiates $9.5 | Strong Sell | Initiates | $9.5 | -11.38% | Jun 25, 2024 |
Wells Fargo | Wells Fargo | Hold → Sell Downgrades $14 → $9 | Hold → Sell | Downgrades | $14 → $9 | -16.04% | Jun 12, 2024 |
Rosenblatt | Rosenblatt | Hold Maintains $14 | Hold | Maintains | $14 | +30.60% | Jun 4, 2024 |
Argus Research | Argus Research | Hold → Strong Sell Downgrades n/a | Hold → Strong Sell | Downgrades | n/a | n/a | May 3, 2024 |
Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | May 3, 2024 |
Financial Forecast
Revenue This Year
31.07B
from 29.65B
Increased by 4.77%
Revenue Next Year
31.19B
from 31.07B
Increased by 0.41%
EPS This Year
1.29
from -1.02
EPS Next Year
1.41
from 1.29
Increased by 9.57%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 32.6B | 33.4B | 34.8B | 34.8B | 35.7B |
Avg | 31.1B | 31.2B | 31.8B | 32.6B | 33.5B |
Low | 28.8B | 28.7B | 29.1B | 29.4B | 30.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 9.9% | 7.5% | 11.5% | 9.3% | 9.6% |
Avg | 4.8% | 0.4% | 1.9% | 2.5% | 2.7% |
Low | -2.7% | -7.7% | -6.7% | -7.6% | -5.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.72 | 1.92 | 2.50 | 2.85 | 3.42 |
Avg | 1.29 | 1.41 | 1.77 | 2.19 | 2.67 |
Low | 0.96 | 0.68 | 0.82 | 1.76 | 1.93 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | 49.3% | 77.2% | 60.6% | 56.5% |
Avg | - | 9.6% | 25.6% | 23.5% | 21.9% |
Low | - | -46.9% | -41.6% | -0.4% | -11.8% |
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.