Wells Fargo & Company Forecasts Strong Price Appreciation for Paramount Skydance (NASDAQ:PSKY) Stock

Paramount Skydance (NASDAQ:PSKY) had its price objective raised by research analysts at Wells Fargo & Company from $16.00 to $18.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target would indicate a potential upside of 15.61% from the company’s current price.

Several other equities research analysts also recently commented on the company. Morgan Stanley cut their price objective on Paramount Skydance from $12.00 to $10.00 and set an “underweight” rating for the company in a report on Wednesday, August 27th. Barclays dropped their price target on shares of Paramount Skydance from $12.00 to $8.00 and set an “underweight” rating on the stock in a research report on Friday, August 8th. JPMorgan Chase & Co. lifted their price objective on shares of Paramount Skydance from $10.00 to $14.00 and gave the company an “underweight” rating in a research report on Tuesday, November 4th. UBS Group upped their target price on shares of Paramount Skydance from $10.00 to $12.00 and gave the company a “sell” rating in a report on Wednesday, October 8th. Finally, Bank of America raised their target price on shares of Paramount Skydance from $11.00 to $13.00 and gave the company an “underperform” rating in a research note on Tuesday. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat, Paramount Skydance has an average rating of “Reduce” and a consensus target price of $13.91.

Paramount Skydance Price Performance

Paramount Skydance stock opened at $15.57 on Tuesday. The firm has a market cap of $10.50 billion, a P/E ratio of -518.83, a price-to-earnings-growth ratio of 4.24 and a beta of 1.26. The business’s 50-day simple moving average is $17.10. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.21 and a current ratio of 1.39. Paramount Skydance has a one year low of $9.95 and a one year high of $20.86.

Paramount Skydance (NASDAQ:PSKY) last released its earnings results on Monday, November 10th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $6.73 billion for the quarter, compared to the consensus estimate of $6.79 billion. During the same quarter in the previous year, the company posted $0.49 EPS. The business’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 Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PSKY. Vanguard Group Inc. acquired a new stake in shares of Paramount Skydance during the third quarter worth $678,726,000. Barclays PLC bought a new position in Paramount Skydance during the third quarter worth about $258,196,000. Contrarius Group Holdings Ltd acquired a new stake in Paramount Skydance in the 3rd quarter worth about $186,674,000. Bank Pictet & Cie Europe AG acquired a new stake in Paramount Skydance in the 3rd quarter worth about $47,983,000. Finally, JPMorgan Chase & Co. bought a new stake in Paramount Skydance in the 3rd quarter valued at about $41,864,000. 73.00% of the stock is owned by institutional investors and hedge funds.

Paramount Skydance Company Profile

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.