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 a decrease of -32.25% from the current stock price of 19.32.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$9.00	$13.09	$12	$20
Change	-53.42%	-32.25%	-37.89%	+3.52%

Analyst Ratings

The average analyst rating for PARAA 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
Michael Ng Goldman Sachs	Goldman Sachs	Strong Sell Initiates $9.5	Strong Sell	Initiates	$9.5	-50.83%	Jun 25, 2024
Steven Cahall Wells Fargo	Wells Fargo	Hold → Sell Downgrades $14 → $9	Hold → Sell	Downgrades	$14 → $9	-53.42%	Jun 12, 2024
Barton Crockett Rosenblatt	Rosenblatt	Hold Maintains $14	Hold	Maintains	$14	-27.54%	Jun 4, 2024
Joseph Bonner Argus Research	Argus Research	Hold → Strong Sell Downgrades n/a	Hold → Strong Sell	Downgrades	n/a	n/a	May 3, 2024
David Joyce Seaport Global	Seaport Global	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	May 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

31.07B

from 29.65B

4.77%

from 29.65B

Revenue Next Year

31.19B

from 31.07B

0.41%

from 31.07B

EPS This Year

1.29

from -1.02

EPS Next Year

1.41

from 1.29

9.57%

from 1.29

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	27.00B	25.29B	28.59B	30.15B	29.65B	31.07B	31.19B	31.80B	32.59B	33.46B
Revenue Growth	2.17%	-6.34%	13.06%	5.49%	-1.66%	4.77%	0.41%	1.95%	2.49%	2.66%
EPS	5.36	3.92	6.94	1.61	-1.02	1.29	1.41	1.77	2.19	2.67
EPS Growth	-3.60%	-26.87%	77.04%	-76.80%	-	-	9.57%	25.63%	23.48%	21.91%
Forward PE	-	-	-	-	-	15.01	13.70	10.90	8.83	7.24
No. Analysts	-	-	-	-	-	31	31	22	6	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

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.