Paramount Global (PARAA)
| Market Cap | 7.35B |
| Revenue (ttm) | 28.87B |
| Net Income (ttm) | -5.48B |
| Shares Out | 40.70M |
| EPS (ttm) | -8.30 |
| PE Ratio | n/a |
| Forward PE | 7.50 |
| Dividend | $0.20 (0.88%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 13,689 |
| Open | 22.52 |
| Previous Close | 22.52 |
| Day's Range | 22.50 - 22.64 |
| 52-Week Range | 16.59 - 26.34 |
| Beta | 1.77 |
| Analysts | Hold |
| Price Target | 11.82 (-47.79%) |
| Earnings Date | Feb 26, 2025 |
About PARAA
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; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelod... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for PARAA stock is "Hold." The 12-month stock price forecast is $11.82, which is a decrease of -47.79% from the latest price.
News
CBS Owner Discusses Settling Trump Suit, With Merger Review on Tap
Paramount, owner of CBS, its namesake studio and several cable channels, has a major piece of business in front of the new administration: its planned merger with Skydance Media.
Paramount-Skydance deal likely to remain in regulatory purgatory
Skydance had hoped to close the deal during the first quarter of this year, but incoming Federal Communication Commission chair Brendan Carr has signaled that's not likely to happen.
With Subscriber Growth And New Merger, Paramount Global's Bottom Is Likely Here
Paramount Global's transaction with Skydance Media and a $6 billion investment from NAI Equity Investors may bring significant synergies and reduce net debt. Paramount+ subscriber growth and price inc...
Paramount, Comcast renew multi-year carriage deal
Paramount Global has renewed its distribution deal with Comcast , the companies said on Tuesday, ensuring the cable systems and services provider continues to offer the media giant's channels like CBS...
PARAMOUNT AND COMCAST ANNOUNCE MULTI-YEAR DISTRIBUTION AGREEMENTS
NEW YORK and PHILADELPHIA , Jan. 7, 2025 /PRNewswire/ -- Paramount Global (NASDAQ: PARA) (NASDAQ: PARAA) and Comcast (NASDAQ: CMCSA) today announced the renewal of their comprehensive distribution agr...
Paramount, Skydance hit back at critics of their pending merger
Paramount Global and Skydance Media punched back at critics of their pending merger, saying that they fail to show they'll be harmed by the deal and instead their demands threaten free speech rights i...
Skydance, Paramount dismiss objections to planned $8.4 bln merger
Skydance Media and Paramount Global on Thursday defended their planned $8.4 billion merger, urging the Federal Communications Commission to dismiss opposition from critics, calling them "unwarranted" ...
Trump policies paramount for global stock returns in 2025: Sydbank
Jacob Pedersen, head of equity research at Sydbank, on the driving forces behind markets in 2025.
Shari Redstone hopes relationship with Trump will seal Paramount-Skydance deal: report
Paramount Global boss Shari Redstone is reportedly banking on her friendly relationship with President-elect Donald Trump to help the media giant skirt any FCC issues in its merger with Skydance — and...
Streamers Max, Paramount+ Won November: Here's Why Analyst Expects Netflix, Amazon To Win December
A new analyst report that looks at downloads and user data could show the winners and losers and what's ahead for the streaming sector.
Paramount Global Announces Redemption of its 4.750% Senior Notes due May 2025
NEW YORK , Dec. 17, 2024 /PRNewswire/ -- Paramount Global (the "Company") (NASDAQ: PARA, PARAA) today announced that it would redeem all of its remaining outstanding 4.750% senior notes due May 15, 20...
Paramount's $8.4 bln Skydance merger faces FCC challenge by Center for American Rights
The Center for American Rights, a non-profit public-interest law firm, has petitioned the Federal Communications Commission (FCC) to challenge the planned $8.4 billion merger between Paramount Global ...
Paramount Global's Near-Term Outlook Is “Not Going To Change Just Because They're Being Bought By Skydance,” S&P Analyst Says
Skydance's $8 billion deal to merge with Paramount Global has been characterized in some corners of the industry as a rescue mission. But one Wall Street media veteran thinks it's premature to say the...
Skydance Media close to $8 billion deal to merge with Paramount Global
Skydance Media may finally win regulatory approval for its $8 billion deal to merge with Paramount Global — but the process could look like something out of “Mission: Impossible.”
Paramount's $8B Skydance merger faces fresh hurdles — from ‘60 Minutes' to the Teamsters
It is too early to know whether requirements to get the merger approved also could include turning over the raw transcript of the interview, according to the source.
Skydance boss David Ellison to chop Paramount's three-headed CEO structure after merger: report
David Ellison, son of Oracle billionaire Larry Ellison who will run the combined company as chairman and CEO, is planning changes at Paramount.
Paramount Co-CEO Troika, TV Businesses Eye Consolidation Once Skydance Merger Closes
The Paramount co-CEO threesome of Chris McCarthy, George Cheeks and Brian Robbins is apt to look quite different once the Skydance-Paramount merger goes through in late March-early April, according to...
Box office sees record holiday weekend
CNBC's Julia Boorstin joins 'Fast Money' to talk the weekend's record box office numbers.
Weprin: Wicked' is the fifth biggest weekend this year. Universal and Paramount are happy.
Alex Weprin, Media & Business Writer at The Hollywood Reporter, discusses the success of "Wicked" and "Gladiator 2" at the box office. "Wicked" earned over $114 million, making it the fifth biggest we...
Paramount Global: A Story No One Is Reporting Could Herald A Turnaround
Paramount's financial woes and extensive cost-cutting measures are overshadowed by the potential operational improvements under new leadership, especially in streaming and content strategy. Paramount'...
'Wicked' tallies $19 million in previews, as 'Gladiator II' team-up heads for $200 million opening weekend
Universal's "Wicked" and Paramount's "Gladiator II" arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales this weekend. "Wicked" has alread...
'Wicked' pulls in $19.2 million from early screenings
"Wicked," the first of two parts of the movie adaptation of a beloved Broadway musical, generated $19.2 million in U.S. and Canadian ticket sales from early screenings this week, distributor Universal...
Paramount Global Sets $1 Million Payouts To HR & Government Affairs Heads When Skydance Deal Closes
More cash is set to flow for Paramount Global executives as the company said two will each receive bonuses of $1 million when the company's sale to Skydance closes as part of a “transaction award prog...
'Wicked,' 'Gladiator II,' 'Moana 2' Could Break Thanksgiving Weekend Box Office: Stocks To Watch
Highly anticipated movies "Wicked" and "Gladiator II" are being released on the same day and come shortly ahead of "Moana 2," setting up what could be a record-breaking Thanksgiving weekend for the mo...