Skydance (NYSE:SKYD) Reaches New 12-Month Low – Time to Sell?

Posted by Brian Himes on Oct 20th, 2026

Skydance Corporation (NYSE:SKYD – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as $6.61 and last traded at $6.80, with a volume of 28,447,495 shares trading hands. The stock had previously closed at $6.91.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SKYD. TD Cowen dropped their price objective on Skydance from $6.50 to $4.00 and set a “hold” rating on the stock in a research note 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 report on Tuesday, September 22nd. Citigroup initiated coverage on Skydance in a research report on Monday, September 14th. They set an “outperform” rating for the company. Barclays set a $7.00 target price on Skydance and gave the stock an “underweight” rating in a report on Wednesday, October 7th. Finally, Benchmark dropped their price target on Skydance from $9.50 to $8.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $5.59.

View Our Latest Analysis on SKYD

Skydance Price Performance

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 firm’s fifty day moving average price is $5.92 and its 200 day moving average price is $5.33.

Skydance (NYSE:SKYD – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The media and entertainment company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. Skydance had a negative net margin of 2.13% and a positive return on equity of 4.11%. The firm had revenue of $6.91 billion during the quarter. Research analysts forecast that Skydance Corporation will post -0.37 earnings per share for the current year.

Institutional Trading of Skydance

A number of hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of Skydance during the second quarter valued at about $75,000. IFP Advisors Inc grew its holdings in Skydance by 11.6% in the second quarter. IFP Advisors Inc now owns 50,934 shares of the media and entertainment company’s stock worth $502,000 after purchasing an additional 5,294 shares during the last quarter. Arizona State Retirement System grew its holdings in 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 purchasing an additional 1,077 shares during the last quarter. Nykredit A S purchased a new stake in shares of Skydance during the second quarter worth about $150,000. Finally, Brown Financial Advisors acquired a new position in shares of Skydance during the second quarter valued at about $175,000. Hedge funds and other institutional investors own 73.00% of the company’s stock.