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NASDAQ: PARA
Paramount Global Stock Forecast, Predictions & Price Target

Analyst price target for PARA

Based on 9 analysts offering 12 month price targets for Paramount Global.
Min Forecast
$10.00-16.04%
Avg Forecast
$13.22+11.02%
Max Forecast
$19.00+59.53%

Should I buy or sell PARA stock?

Based on 9 analysts offering ratings for Paramount Global.
Sell
Strong Buy
1 analysts 11.11%
Buy
1 analysts 11.11%
Hold
3 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
4 analysts 44.44%

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PARA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-30
lockedlocked$00.00+00.00%2024-04-30
lockedlocked$00.00+00.00%2024-04-09
lockedlocked$00.00+00.00%2024-04-04
lockedlocked$00.00+00.00%2024-02-29
Morgan Stanley
Top 5%
96
Strong SellMaintains$10.00-16.04%2024-02-27
Redburn Atlantic
Top 30%
71
Strong SellDowngrades$11.00-7.64%2024-01-11
Moffett Nathanson
Bottom 29%
29
HoldUpgrades$13.00+9.15%2024-01-09
Loop Capital
Bottom 10%
10
Strong SellDowngrades$12.00+0.76%2023-12-11

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Forecast return on equity

Is PARA forecast to generate an efficient return?
Company
N/A
Industry
3.95%
Market
27.85%

Forecast return on assets

Is PARA forecast to generate an efficient return on assets?
Company
N/A
Industry
2.01%

PARA revenue forecast

What is PARA's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$30.6B+1.89%
Avg 2 year Forecast
$31.0B+3%
Avg 3 year Forecast
$31.6B+5.18%
PARA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PARA revenue growth forecast

How is PARA forecast to perform vs Entertainment companies and vs the US market?
Company
1.63%
Industry
6.26%
Market
9.64%
PARA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PARA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PARA vs Entertainment Stocks

TickerPricePrice TargetUp/downsideConsensus
PARA$11.91$13.22+11.02%Sell
EDR$26.83$28.00+4.36%Hold
ROKU$57.40$76.23+32.81%Hold
NXST$165.69$203.40+22.76%Strong Buy
SIRI$2.82$4.19+48.51%Buy

Paramount Global Stock Forecast FAQ

Is Paramount Global Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: PARA) stock is to Sell PARA stock.

Out of 9 analysts, 1 (11.11%) are recommending PARA as a Strong Buy, 1 (11.11%) are recommending PARA as a Buy, 3 (33.33%) are recommending PARA as a Hold, 0 (0%) are recommending PARA as a Sell, and 4 (44.44%) are recommending PARA as a Strong Sell.

If you're new to stock investing, here's how to buy Paramount Global stock.

What is PARA's revenue growth forecast for 2024-2026?

(NASDAQ: PARA) Paramount Global's forecast annual revenue growth rate of 1.63% is not forecast to beat the US Entertainment industry's average forecast revenue growth rate of 6.26%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.64%.

Paramount Global's revenue in 2024 is $30,072,000,000.On average, 6 Wall Street analysts forecast PARA's revenue for 2024 to be $20,421,852,549,730, with the lowest PARA revenue forecast at $20,310,271,355,268, and the highest PARA revenue forecast at $20,616,878,874,614. On average, 6 Wall Street analysts forecast PARA's revenue for 2025 to be $20,643,409,391,508, with the lowest PARA revenue forecast at $20,397,424,773,077, and the highest PARA revenue forecast at $20,775,473,475,304.

In 2026, PARA is forecast to generate $21,081,455,837,646 in revenue, with the lowest revenue forecast at $20,834,328,874,754 and the highest revenue forecast at $21,399,297,521,656.

What is PARA's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: PARA) forecast ROA is N/A, which is lower than the forecast US Entertainment industry average of 2.01%.

What is PARA's Price Target?

According to 9 Wall Street analysts that have issued a 1 year PARA price target, the average PARA price target is $13.22, with the highest PARA stock price forecast at $19.00 and the lowest PARA stock price forecast at $10.00.

On average, Wall Street analysts predict that Paramount Global's share price could reach $13.22 by Apr 30, 2025. The average Paramount Global stock price prediction forecasts a potential upside of 11.02% from the current PARA share price of $11.91.

What is PARA's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: PARA) forecast ROE is N/A, which is considered weak.
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