Skydance (NYSE:SKYD) Shares Climb 4.7% – Still a Buy?

Posted by Stanley Muller on Oct 8th, 2026

Skydance Corporation (NYSE:SKYD – Get Free Report)’s share price rose 4.7% on Thursday. The stock traded as high as $9.46 and last traded at $9.31. 9,537,002 shares traded hands during trading, a decline of 26% from the average session volume of 12,828,441 shares. The stock had previously closed at $8.89.

Wall Street Analysts Forecast Growth

SKYD has been the topic of several analyst reports. UBS Group lowered their target price on Skydance from $5.00 to $4.00 and set a “sell” rating on the stock in a research report on Wednesday, August 5th. TD Cowen reduced their price target on Skydance from $6.50 to $4.00 and set a “hold” rating for the company in a research report on Wednesday, August 5th. Morgan Stanley raised their price objective on Skydance from $5.00 to $5.75 and gave the stock an “overweight” rating in a research note on Tuesday, September 22nd. Barclays set a $7.00 price objective on Skydance and gave the company an “underweight” rating in a research report on Wednesday. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $7.00 price objective on shares of Skydance in a research note on Tuesday, September 22nd. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and nine have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Skydance has a consensus rating of “Reduce” and a consensus target price of $5.78.

Read Our Latest Stock Analysis on Skydance

Skydance Stock Performance

The firm’s 50 day simple moving average is $5.31 and its 200 day simple moving average is $5.12. The firm has a market cap of $10.48 billion, a PE ratio of 32.21, a PEG ratio of 1.01 and a beta of 1.53. The company has a current ratio of 1.04, a quick ratio of 0.88 and a debt-to-equity ratio of 1.13.

Skydance (NYSE:SKYD – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The media and entertainment company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Skydance had a positive return on equity of 4.11% and a negative net margin of 2.13%.The business had revenue of $6.91 billion for the quarter. On average, research analysts forecast that Skydance Corporation will post 0.5 EPS for the current fiscal year.

Skydance Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th were issued a $0.0250 dividend. This is a drop from Skydance’s previous quarterly dividend of $0.05. The ex-dividend date was Tuesday, September 15th. This represents a $0.10 annualized dividend and a dividend yield of 1.1%. Skydance’s dividend payout ratio (DPR) is 68.97%.

Hedge Funds Weigh In On Skydance

A number of large investors have recently bought and sold shares of SKYD. Pittenger & Anderson Inc. raised its stake in shares of Skydance by 18.0% during the 1st quarter. Pittenger & Anderson Inc. now owns 6,560 shares of the media and entertainment company’s stock valued at $59,000 after buying an additional 1,000 shares during the last quarter. New Mexico Educational Retirement Board boosted its stake in shares of Skydance by 6.9% in the second quarter. New Mexico Educational Retirement Board now owns 15,499 shares of the media and entertainment company’s stock worth $153,000 after buying an additional 1,000 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of Skydance by 1.2% in the second quarter. Arizona State Retirement System now owns 89,455 shares of the media and entertainment company’s stock worth $882,000 after buying an additional 1,077 shares during the last quarter. CX Institutional grew its holdings in Skydance by 38.1% during the second quarter. CX Institutional now owns 4,612 shares of the media and entertainment company’s stock worth $45,000 after acquiring an additional 1,273 shares during the period. Finally, Kestra Advisory Services LLC grew its holdings in Skydance by 14.6% during the first quarter. Kestra Advisory Services LLC now owns 14,130 shares of the media and entertainment company’s stock worth $127,000 after acquiring an additional 1,805 shares during the period. Hedge funds and other institutional investors own 73.00% of the company’s stock.