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Paramount Global (PARA) Stock Forecast & Price Target

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$10.66 +0.08 (+0.76%)
(As of 12/20/2024 05:45 PM ET)

Paramount Global - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
7
Hold
7
Buy
3

Based on 17 Wall Street analysts who have issued ratings for Paramount Global in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 17 analysts, 7 have given a sell rating, 7 have given a hold rating, and 3 have given a buy rating for PARA.

Consensus Price Target

$12.43
16.59% Upside
According to the 17 analysts' twelve-month price targets for Paramount Global, the average price target is $12.43. The highest price target for PARA is $19.00, while the lowest price target for PARA is $9.50. The average price target represents a forecasted upside of 16.59% from the current price of $10.66.
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PARA Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
6 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
4 Hold rating(s)
Sell
7 Sell rating(s)
8 Sell rating(s)
10 Sell rating(s)
10 Sell rating(s)
Consensus Price Target$12.43$12.40$12.47$15.74
Forecasted Upside16.59% Upside13.97% Upside20.14% Upside4.91% Upside
Consensus Rating
Reduce
Reduce
Reduce
Reduce

PARA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PARA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Paramount Global Stock vs. The Competition

TypeParamount GlobalConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
1.76
2.57
2.51
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside16.59% Upside202.28% Upside14.54% Upside
News Sentiment Rating
Neutral News

See Recent PARA News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/11/2024Macquarie
1 of 5 stars
 Reiterated RatingUnderperform ➝ Underperform$10.00 ➝ $10.00-12.20%
11/11/2024Needham & Company LLC
2 of 5 stars
 Reiterated RatingHold
9/25/2024Guggenheim
2 of 5 stars
 Lower TargetBuy ➝ Buy$19.00 ➝ $14.00+33.46%
8/15/2024JPMorgan Chase & Co.
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 Lower TargetUnderweight ➝ Underweight$12.00 ➝ $11.00+7.53%
8/9/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$19.00 ➝ $19.00+84.65%
8/9/2024Wells Fargo & Company
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S. Cahall
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UpgradeUnderweight ➝ Equal Weight$10.00 ➝ $11.00+7.74%
7/9/2024Evercore ISI
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 Lower TargetIn-Line ➝ In-Line$13.00 ➝ $11.50+2.68%
7/9/2024Wolfe Research
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P. Supino
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DowngradePeer Perform ➝ Underperform$10.00-10.55%
6/25/2024The Goldman Sachs Group
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M. Ng
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Initiated CoverageSell$9.50-7.68%
6/4/2024Rosenblatt Securities
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 Reiterated RatingNeutral ➝ Neutral$14.00 ➝ $14.00+9.37%
5/3/2024Argus
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 DowngradeHold ➝ Sell
5/2/2024Seaport Res Ptn
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D. Joyce
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DowngradeBuy ➝ Neutral
3/26/2024Raymond James
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 Reiterated RatingMarket Perform ➝ Market Perform
2/28/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$20.00 ➝ $15.00+35.14%
2/27/2024Morgan Stanley
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 Lower TargetUnderweight ➝ Underweight$11.00 ➝ $10.00-10.39%
1/11/2024Redburn Atlantic
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 DowngradeNeutral ➝ Sell$17.00 ➝ $11.00-22.10%
1/9/2024Moffett Nathanson
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 UpgradeSell ➝ Neutral$13.00-11.50%
12/8/2023Loop Capital
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 DowngradeHold ➝ Sell$12.00-30.19%
11/6/2023Bank of America
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 DowngradeBuy ➝ Underperform$9.00-34.59%
10/9/2023Barclays
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 Lower TargetUnderweight ➝ Underweight$13.00 ➝ $11.00-6.94%
10/5/2023Sanford C. Bernstein
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 Initiated CoverageUnderperform$11.00-5.74%
8/15/2023Citigroup
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 Lower TargetBuy ➝ Buy$22.00 ➝ $20.00+33.96%
7/5/2023UBS Group
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 Lower Target$15.00 ➝ $14.00-14.22%
2/17/2023Credit Suisse Group
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 Boost TargetNeutral$20.00 ➝ $23.00-2.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 03:48 AM ET.


PARA Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Paramount Global is $12.43, with a high forecast of $19.00 and a low forecast of $9.50.

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paramount Global in the last twelve months. There are currently 7 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" PARA shares.

According to analysts, Paramount Global's stock has a predicted upside of 16.59% based on their 12-month stock forecasts.

Paramount Global has been rated by research analysts at Guggenheim, Macquarie, and Needham & Company LLC in the past 90 days.

Analysts like Paramount Global less than other "consumer discretionary" companies. The consensus rating for Paramount Global is Reduce while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how PARA compares to other companies.


This page (NASDAQ:PARA) was last updated on 12/22/2024 by MarketBeat.com Staff
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