Paramount Skydance (NASDAQ:PSKY – Get Free Report) had its price target reduced by equities researchers at Wells Fargo & Company from $8.00 to $7.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has an “underweight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential downside of 33.30% from the company’s previous close.
A number of other research analysts also recently weighed in on the stock. Guggenheim decreased their price objective on shares of Paramount Skydance from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Tuesday. Zacks Research raised Paramount Skydance from a “strong sell” rating to a “hold” rating in a report on Friday, February 6th. Bank of America lowered their price target on Paramount Skydance from $13.00 to $11.00 and set an “underperform” rating on the stock in a research report on Tuesday, March 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of Paramount Skydance in a report on Friday, March 27th. Finally, Morgan Stanley upgraded Paramount Skydance from an “underweight” rating to an “overweight” rating and boosted their price objective for the company from $11.00 to $14.00 in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and eight have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $12.77.
Check Out Our Latest Research Report on Paramount Skydance
Paramount Skydance Price Performance
Paramount Skydance (NASDAQ:PSKY – Get Free Report) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. The firm had revenue of $7.35 billion for the quarter. Paramount Skydance had a negative net margin of 2.15% and a positive return on equity of 3.82%. During the same period last year, the company posted $0.22 earnings per share. Equities research analysts forecast that Paramount Skydance will post 0.79 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. CYBER HORNET ETFs LLC acquired a new stake in Paramount Skydance in the 3rd quarter worth about $25,000. Huntington National Bank raised its holdings in shares of Paramount Skydance by 108.2% during 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 during the last quarter. Larson Financial Group LLC lifted its position in shares of Paramount Skydance by 539.3% in the fourth quarter. Larson Financial Group LLC now owns 2,295 shares of the company’s stock valued at $31,000 after acquiring an additional 1,936 shares in the last quarter. Kelleher Financial Advisors purchased a new position in shares of Paramount Skydance in the third quarter valued at approximately $32,000. Finally, Center for Financial Planning Inc. acquired a new stake in shares of Paramount Skydance in the third quarter worth approximately $35,000. 73.00% of the stock is owned by hedge funds and other institutional investors.
Paramount Skydance News Roundup
Here are the key news stories impacting Paramount Skydance this week:
- Positive Sentiment: Q1 results beat expectations — PSKY reported $0.23 EPS vs. $0.15 consensus and ~$7.35B revenue, driven by streaming and studio strength; management reaffirmed ~$30B FY26 revenue guidance, supporting the rally. Paramount Stock Edges Higher On Q1 Double Beat
- Positive Sentiment: Streaming growth and cost cuts boosted margins — management cited Paramount+ gains and company-wide cost-cutting that lifted pre-tax profit, indicating operating leverage if streaming momentum continues. Paramount Skydance first-quarter profit benefits from cost-cutting
- Positive Sentiment: M&A and product roadmap progress — company says the Warner Bros. Discovery (WBD) merger is on track and aims for a unified streaming platform by mid‑2026, which could drive longer‑term scale and ad revenue recovery in H2. Paramount targets unified streaming platform by mid-2026
- Neutral Sentiment: Content-licensing strategy maintained — management says it will continue licensing select marquee content to third parties to attract talent and monetize IP, a strategic trade-off between direct revenue and broader content economics. Paramount Will Keep Licensing Some Content To Third Parties
- Neutral Sentiment: Subscriber detail is mixed — total streaming revenue grew, but some reports note Paramount+ subscriber gains slightly missed expectations; this tempers how quickly advertising and ARPU gains may materialize. Paramount beats earnings expectations with WBD deal on the horizon
- Negative Sentiment: Guggenheim cut its price target to $12 and set a “neutral” rating — the downgrade reduces analyst upside (Guggenheim’s $12 target implies limited room above current levels) and could cap further near‑term gains. Guggenheim lowers PSKY price target
About Paramount Skydance
Paramount Skydance Media Group (Nasdaq: PSKY) is a media and entertainment company created through the proposed combination of Paramount Global’s filmed entertainment and streaming operations with Skydance Media, a privately held content studio. The combined business will encompass the development, production and distribution of feature films, television programming and digital content, drawing on a library of legacy Paramount Pictures franchises alongside Skydance’s blockbuster tentpoles and animation slate.
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