Paramount Global (PARAA)
NASDAQ: PARAA · IEX Real-Time Price · USD
21.83
-0.37 (-1.67%)
At close: Mar 28, 2024, 4:00 PM
22.61
+0.78 (3.57%)
After-hours: Mar 28, 2024, 5:23 PM EDT
Paramount Global Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Paramount Global stock have an average target of 15.45, with a low estimate of 9.00 and a high estimate of 32. The average target predicts a decrease of -29.23% from the current stock price of 21.83.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for PARAA stock from 21 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
Buy | 1 | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 4 | 5 | 4 | 5 |
Sell | 7 | 7 | 7 | 7 | 6 | 6 |
Strong Sell | 3 | 3 | 4 | 5 | 5 | 4 |
Total | 21 | 20 | 21 | 23 | 21 | 21 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Rosenblatt | Rosenblatt | Strong Sell → Hold Upgrades $9 → $13 | Strong Sell → Hold | Upgrades | $9 → $13 | -40.45% | Mar 21, 2024 |
Rosenblatt | Rosenblatt | Strong Sell Maintains $12 → $9 | Strong Sell | Maintains | $12 → $9 | -58.77% | Feb 29, 2024 |
Benchmark | Benchmark | Strong Buy Maintains $30 → $19 | Strong Buy | Maintains | $30 → $19 | -12.96% | Feb 29, 2024 |
Needham | Needham | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | -31.29% | Feb 29, 2024 |
Morgan Stanley | Morgan Stanley | Sell Maintains $11 → $10 | Sell | Maintains | $11 → $10 | -54.19% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
31.64B
from 29.65B
Increased by 6.71%
Revenue Next Year
31.84B
from 31.64B
Increased by 0.62%
EPS This Year
1.03
from -1.02
EPS Next Year
1.31
from 1.03
Increased by 26.35%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 33.6B | 34.4B | 35.9B | 35.2B |
Avg | 31.6B | 31.8B | 32.4B | 33.5B |
Low | 29.4B | 29.4B | 29.8B | 31.6B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 13.1% | 8.6% | 12.7% | 8.5% |
Avg | 6.7% | 0.6% | 1.9% | 3.1% |
Low | -0.9% | -7.2% | -6.4% | -2.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 1.72 | 1.92 | 2.36 | 2.67 |
Avg | 1.03 | 1.31 | 1.74 | 2.59 |
Low | -0.22 | 0.69 | 0.88 | 2.49 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | - | 85.9% | 80.9% | 53.4% |
Avg | - | 26.4% | 33.1% | 49.0% |
Low | - | -33.5% | -32.8% | 43.1% |
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.