Paramount Skydance (NASDAQ:PSKY – Get Free Report)‘s stock had its “market outperform” rating reissued by stock analysts at Citizens Jmp in a note issued to investors on Tuesday, Benzinga reports. They currently have a $14.00 price target on the stock. Citizens Jmp’s target price indicates a potential upside of 40.56% from the company’s previous close.
A number of other research analysts have also weighed in on PSKY. UBS Group cut their target price on shares of Paramount Skydance from $10.00 to $8.00 and set a “sell” rating for the company in a research report on Wednesday, August 5th. Arete Research reissued a “sell” rating and set a $2.00 target price on shares of Paramount Skydance in a research report on Thursday, July 9th. Weiss Ratings raised shares of Paramount Skydance from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, August 6th. Barclays assumed coverage on shares of Paramount Skydance in a research report on Thursday, September 17th. They set an “underweight” rating and a $8.00 target price for the company. Finally, TD Cowen cut their target price on shares of Paramount Skydance from $13.00 to $8.00 and set a “hold” rating for the company in a research report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $11.17.
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Paramount Skydance Stock Down 2.2%
Paramount Skydance (NASDAQ:PSKY – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. The firm had revenue of $6.91 billion during the quarter. Paramount Skydance had a negative net margin of 2.13% and a positive return on equity of 4.11%. Equities research analysts predict that Paramount Skydance will post 0.56 EPS for the current year.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp acquired a new stake in Paramount Skydance in the second quarter worth $14,002,000. Palestra Capital Management LLC acquired a new stake in Paramount Skydance in the second quarter worth $12,798,000. Gradient Investments LLC acquired a new stake in Paramount Skydance in the second quarter worth $2,062,000. Wellington Management Group LLP acquired a new stake in Paramount Skydance in the second quarter worth $3,231,000. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Paramount Skydance in the first quarter worth $1,623,000. Institutional investors and hedge funds own 73.00% of the company’s stock.
Key Headlines Impacting Paramount Skydance
Here are the key news stories impacting Paramount Skydance this week:
- Positive Sentiment: Paramount Skydance launched syndication of a proposed $7.5 billion senior secured term loan, a key component of the financing package for its Warner Bros. Discovery acquisition. The move suggests the transaction is advancing after a legal settlement removed a major obstacle. Paramount Skydance Announces $7.5 Billion Term Loan Syndication
- Positive Sentiment: The proposed Warner Bros. Discovery deal appears closer to completion following settlement of the antitrust dispute. Investors may view the settlement and financing progress as reducing regulatory uncertainty and creating potential scale, content, and streaming synergies. Paramount Settled the Warner Bros. Antitrust Fight
- Positive Sentiment: Internal plans reportedly call for new Paramount+ features intended to improve engagement and monetization, including closer integration with the company’s broader streaming strategy. Successful execution could support subscriber growth and reduce streaming losses. Paramount+ Streaming Initiatives
- Neutral Sentiment: Citizens JMP reaffirmed a “Market Outperform” rating, providing analyst support, although the article did not identify a new price target or a material change to the company’s earnings outlook. Citizens JMP Reaffirms Market Outperform Rating
- Negative Sentiment: A judge delayed approval of the Warner Bros. settlement, keeping some closing uncertainty alive even as financing preparations continue. Judge Delays Deal Settlement Approval
- Negative Sentiment: The acquisition financing could involve roughly $44.4 billion of secured debt, significantly increasing leverage and interest costs. Merger filings also suggest that debt obligations and settlement terms—not only artificial intelligence—are contributing to Hollywood job cuts, highlighting restructuring and integration risks for Paramount. Hollywood Job Losses and Merger Filings
Paramount Skydance Company Profile
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.
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