Paramount Skydance (NASDAQ:PSKY) Given “Market Outperform” Rating at Citizens Jmp

Paramount Skydance (NASDAQ:PSKY)‘s stock had its “market outperform” rating reiterated by equities researchers at Citizens Jmp in a research report issued on Tuesday, Benzinga reports. They presently have a $14.00 price objective on the stock. Citizens Jmp’s target price indicates a potential upside of 38.55% from the company’s previous close.

Several other brokerages have also recently issued reports on PSKY. UBS Group decreased their target price on shares of Paramount Skydance from $10.00 to $8.00 and set a “sell” rating on the stock in a research report on Wednesday, August 5th. Benchmark decreased their target price on shares of Paramount Skydance from $19.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Morgan Stanley upped their target price on shares of Paramount Skydance from $10.00 to $11.50 and gave the company an “overweight” rating in a research report on Tuesday. Citigroup started coverage on shares of Paramount Skydance in a research report on Monday, September 14th. They issued an “outperform” rating on the stock. Finally, Arete Research reissued a “sell” rating and issued a $2.00 price objective on shares of Paramount Skydance in a research report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $11.17.

Paramount Skydance Price Performance

Shares of NASDAQ PSKY traded down $0.08 during mid-day trading on Tuesday, hitting $10.11. 3,402,340 shares of the company’s stock traded hands, compared to its average volume of 11,958,733. The company’s 50-day moving average is $9.79 and its two-hundred day moving average is $10.04. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.04 and a quick ratio of 0.88. The company has a market capitalization of $11.34 billion, a P/E ratio of 34.77, a PEG ratio of 0.96 and a beta of 1.50. Paramount Skydance has a 1 year low of $7.62 and a 1 year high of $20.09.

Paramount Skydance (NASDAQ:PSKY) last announced its earnings results on Tuesday, August 4th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.03. The firm had revenue of $6.91 billion for the quarter. Paramount Skydance had a negative net margin of 2.13% and a positive return on equity of 4.11%. On average, equities analysts anticipate that Paramount Skydance will post 0.56 EPS for the current fiscal year.

Hedge Funds Weigh In On Paramount Skydance

A number of institutional investors have recently modified their holdings of the stock. Pittenger & Anderson Inc. boosted its stake in Paramount Skydance by 18.0% in the first quarter. Pittenger & Anderson Inc. now owns 6,560 shares of the company’s stock valued at $59,000 after acquiring an additional 1,000 shares in the last quarter. New Mexico Educational Retirement Board boosted its stake in Paramount Skydance by 6.9% in the second quarter. New Mexico Educational Retirement Board now owns 15,499 shares of the company’s stock valued at $153,000 after acquiring an additional 1,000 shares in the last quarter. Arizona State Retirement System boosted its stake in Paramount Skydance by 1.2% in the second quarter. Arizona State Retirement System now owns 89,455 shares of the company’s stock valued at $882,000 after acquiring an additional 1,077 shares in the last quarter. LSV Asset Management boosted its stake in Paramount Skydance by 0.6% in the fourth quarter. LSV Asset Management now owns 188,868 shares of the company’s stock valued at $2,531,000 after acquiring an additional 1,116 shares in the last quarter. Finally, Huntington National Bank boosted its stake in Paramount Skydance by 108.2% in the fourth quarter. Huntington National Bank now owns 2,259 shares of the company’s stock valued at $30,000 after acquiring an additional 1,174 shares in the last quarter. 73.00% of the stock is owned by hedge funds and other institutional investors.

More Paramount Skydance News

Here are the key news stories impacting Paramount Skydance this week:

• Positive Sentiment: Paramount Skydance officially launched syndication of a proposed $7.5 billion senior secured term loan, a key component of the approximately $44 billion secured debt package intended to finance its Warner Bros. Discovery acquisition. The financing launch signals that the transaction is advancing after a recent antitrust settlement. Paramount Skydance announces $7.5 billion loan syndication
• Positive Sentiment: Paramount+ is reportedly planning new features aimed at increasing engagement and improving monetization, including initiatives involving HBO Max and Pluto TV. A stronger streaming strategy could help offset pressure on traditional television advertising and support the combined company’s growth prospects. Paramount streaming initiatives
• Positive Sentiment: Citizens JMP reaffirmed a “Market Outperform” rating, while StoneX maintained its Buy rating, providing some support for the stock’s outlook. Citizens JMP rating
• Neutral Sentiment: Reports say David Ellison is considering Elon Musk and other wealthy investors for an equity investment tied to the Warner Bros. Discovery transaction. Additional equity could reduce reliance on debt, but Musk’s possible involvement remains speculative and could introduce governance or strategic concerns. Paramount considers Elon Musk investment
• Negative Sentiment: A judge delayed approval of the settlement related to the Warner Bros. Discovery deal, extending uncertainty over the transaction’s closing timeline. Judge delays deal settlement approval
• Negative Sentiment: The acquisition’s large debt burden is drawing investor attention. Commentary based on merger filings argues that debt obligations and settlement costs—not only artificial intelligence—are driving Hollywood job reductions, highlighting potential restructuring and integration pressures for the combined company. Hollywood job losses and merger filings

About Paramount Skydance

Paramount Skydance Corporation (NASDAQ: PSKY) is a global media and entertainment company formed through the combination of Paramount Global and Skydance Media. The company develops, produces and distributes feature films, television programming and other video content for audiences in the United States and international markets.

Its portfolio includes Paramount Pictures, CBS, Nickelodeon, MTV, Comedy Central, BET, Showtime and other well-known entertainment brands. Paramount Skydance also operates streaming services including Paramount+ and Pluto TV, as well as businesses involved in television broadcasting, news, sports and content licensing.

The company’s history includes Paramount Pictures, one of Hollywood’s longstanding film studios, and Skydance Media, a production company founded in 2010 by David Ellison.