Paramount Skydance (NASDAQ:PSKY – Get Free Report) had its price objective raised by research analysts at Benchmark from $16.00 to $19.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Benchmark’s target price indicates a potential upside of 22.03% from the stock’s previous close.
Several other research firms also recently commented on PSKY. Seaport Res Ptn upgraded Paramount Skydance from a “strong sell” rating to a “hold” rating in a report on Friday, August 8th. Bank of America lifted their price target on shares of Paramount Skydance from $11.00 to $13.00 and gave the stock an “underperform” rating in a research note on Tuesday. Argus initiated coverage on shares of Paramount Skydance in a research report on Monday, October 13th. They set a “hold” rating and a $17.00 price objective on the stock. JPMorgan Chase & Co. lifted their target price on shares of Paramount Skydance from $10.00 to $14.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 4th. Finally, Morgan Stanley lowered their price target on Paramount Skydance from $12.00 to $10.00 and set an “underweight” rating on the stock in a report on Wednesday, August 27th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and seven have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $13.91.
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Paramount Skydance Stock Performance
Paramount Skydance (NASDAQ:PSKY – Get Free Report) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.37). Paramount Skydance had a positive return on equity of 4.51% and a negative net margin of 0.05%.The firm had revenue of $6.73 billion during the quarter, compared to analysts’ expectations of $6.79 billion. During the same quarter in the previous year, the firm earned $0.49 earnings per share. Paramount Skydance’s revenue was up 0% on a year-over-year basis. Paramount Skydance has set its FY 2026 guidance at EPS. Q4 2025 guidance at EPS.
Institutional Trading of Paramount Skydance
Several hedge funds have recently bought and sold shares of the stock. Center for Financial Planning Inc. bought a new position in shares of Paramount Skydance in the third quarter worth about $35,000. Versant Capital Management Inc purchased a new stake in Paramount Skydance in the 3rd quarter worth approximately $39,000. Addison Advisors LLC bought a new stake in Paramount Skydance during the 3rd quarter worth approximately $42,000. Paradigm Asset Management Co. LLC purchased a new position in Paramount Skydance during the third quarter valued at approximately $45,000. Finally, Private Trust Co. NA bought a new position in shares of Paramount Skydance in the third quarter worth approximately $47,000. Institutional investors own 73.00% of the company’s stock.
About Paramount Skydance
Paramount Global is a media and entertainment company which creates premium content and experiences for audiences. The company’s portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount , Pluto TV and Simon & Schuster, among others.
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