Comments
Loading...

Paramount Global

PARAANASDAQ
Logo brought to you by Benzinga Data
$21.81
-0.15-0.68%
Last update: 3:16 PM
15 minutes delayed
The dividend Ex-Date is today
Consensus Rating1
Buy
Highest Price Target1
$32.00
Lowest Price Target1
$9.00
Consensus Price Target1
$16.32

Paramount Global (NASDAQ:PARAA) Stock, Analyst Ratings, Price Targets, Forecasts

Paramount Global has a consensus price target of $16.32 based on the ratings of 32 analysts. The high is $32 issued by B of A Securities on March 28, 2023. The low is $9 issued by B of A Securities on November 6, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Benchmark, and Wells Fargo on August 15, 2024, August 9, 2024, and August 9, 2024, respectively. With an average price target of $13.67 between JP Morgan, Benchmark, and Wells Fargo, there's an implied -37.34% downside for Paramount Global from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
May
1
2
Jun
0
0
0
0
Jul
1
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Benchmark
Wells Fargo
Evercore ISI Group
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for Paramount Global

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Paramount Global (PARAA) stock?

A

The latest price target for Paramount Global (NASDAQ:PARAA) was reported by JP Morgan on August 15, 2024. The analyst firm set a price target for $11.00 expecting PARAA to fall to within 12 months (a possible -49.56% downside). 38 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Paramount Global (PARAA)?

A

The latest analyst rating for Paramount Global (NASDAQ:PARAA) was provided by JP Morgan, and Paramount Global maintained their underweight rating.

Q

When was the last upgrade for Paramount Global (PARAA)?

A

The last upgrade for Paramount Global happened on August 9, 2024 when Wells Fargo raised their price target to $11. Wells Fargo previously had an underweight for Paramount Global.

Q

When was the last downgrade for Paramount Global (PARAA)?

A

The last downgrade for Paramount Global happened on June 12, 2024 when Wells Fargo changed their price target from $14 to $9 for Paramount Global.

Q

When is the next analyst rating going to be posted or updated for Paramount Global (PARAA)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Paramount Global, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Paramount Global was filed on August 15, 2024 so you should expect the next rating to be made available sometime around August 15, 2025.

Q

Is the Analyst Rating Paramount Global (PARAA) correct?

A

While ratings are subjective and will change, the latest Paramount Global (PARAA) rating was a maintained with a price target of $12.00 to $11.00. The current price Paramount Global (PARAA) is trading at is $21.81, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch