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
Target Low Average Median High
Price $9.00 $15.45 $14 $32
Change -58.77% -29.23% -35.87% +46.59%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 666666
Buy 100000
Hold 444545
Sell 777766
Strong Sell 334554
Total 212021232121

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Rosenblatt
Rosenblatt
Hold
Upgrades
$9$13
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
More Analyst Ratings

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%
Year 201920202021202220232024202520262027
Revenue
27.00B25.29B28.59B30.15B29.65B31.64B31.84B32.44B33.46B
Revenue Growth
2.17%-6.34%13.06%5.49%-1.66%6.71%0.62%1.88%3.15%
EPS
5.363.926.941.61-1.021.031.311.742.59
EPS Growth
-3.60%-26.87%77.04%-76.80%--26.35%33.14%48.99%
No. Analysts -----3230183
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 2024202520262027
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 2024202520262027
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.