Paramount Global (PARA) Stock Price, News & Analysis

+0.31 (+2.50%)
(As of 10:39 AM ET)
Today's Range
50-Day Range
52-Week Range
4.34 million shs
Average Volume
19.08 million shs
Market Capitalization
$8.28 billion
P/E Ratio
Dividend Yield
Price Target

Paramount Global MarketRank™ Stock Analysis

Analyst Rating
1.90 Rating Score
11.4% Upside
$13.79 Price Target
Short Interest
14.70% of Float Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
0.62mentions of Paramount Global in the last 14 days
Based on 35 Articles This Week
Insider Trading
Proj. Earnings Growth
From $1.20 to $1.63 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.92 out of 5 stars

Consumer Discretionary Sector

91st out of 269 stocks

Television Broadcasting Stations Industry

4th out of 11 stocks

PARA stock logo

About Paramount Global Stock (NASDAQ:PARA)

Paramount Global is a multinational company that operates in various entertainment industries, including media production, entertainment, streaming technology and content development. The company is headquartered in New York City, New York. The company has multiple classes of stock, with the major difference in its Class B stock being that it is a non-voting stock class. 

Paramount Global was founded in 2019 in a merger between Viacom and CBS Corporation. The company was initially founded under the name ViacomCBS but changed its name the day after the Q4 presentation in 2022. Key highlights of the company include its strong brand recognition, a diverse range of businesses and ability to generate significant cash flow and profits across multiple industries and countries.

Robert M. Bakish became CEO of Paramount Global immediately after the merger of the two original companies, Viacom and CBS. He joined Viacom in 1997 as the Vice President of Planning and Development. Bakish was later transferred to Viacom's subsidiary MTV Networks as the Chief Operating Officer of Advertising and Sales. 

Other notable members of the Paramount Global team include Alex Berkett, the Chief Corporate Development and Strategy Officer, who, like Robert Bakish, came from Viacom and was appointed to his position after the merger. Also notable is George Cheeks, the Chief Content Officer with a development history at over ten significant networks in the television industry.

Over the past few years, Paramount Global has delivered mixed financial performance, with consistent revenue growth, healthy profit margins and a balance sheet consistent with industry peers. The company's profit margins have remained stable over the past few years, with an average net margin of 3.66% since the merger.

Paramount Global has also maintained a strong balance sheet, with total assets adequately more than total liabilities keeping the company's debt levels manageable. Paramount Global is currently trading at a price-to-earnings ratio in line with the industry average.

The company's price-to-book ratio is slightly higher than the industry average. The company's valuation metrics suggest that it is fairly valued relative to its peers in the industry. Paramount Globals' stock performance has been mixed, which is to be expected from a company primarily focusing on the volatile streaming entertainment industry. 

Paramount Global operates in several different entertainment industry sectors, giving it a degree of diversification and resilience against industry-specific risks. However, Paramount Global's primary focus is streaming internet entertainment, an emerging and volatile industry sector.

The media and entertainment industry is one of the company's largest businesses, and it is highly competitive and constantly evolving. Paramount Global's strong brand recognition, extensive content library and deep relationships with distributors and advertisers give it a competitive advantage. In Q2 of 2022, Warren Buffet revealed a $2.6 billion investment in Paramount Global, contributing to its continued growth. 

Paramount Global has several growth opportunities in the years ahead, including new product launches, acquisitions and expansions into new markets and countries. The company is focused on expanding its content library and developing new digital platforms and distribution channels in the media and entertainment space.

The company recently launched a new streaming service called Paramount Plus, which has been well-received by consumers and has the potential to drive significant revenue growth in the years ahead. In the technology space, Paramount Global is focused on investing in emerging technologies such as artificial intelligence and cybersecurity.

While Paramount Global has significant growth opportunities, the company also faces many risks and challenges. One of the company's most significant risks is changing consumer preferences in media and entertainment. As consumers increasingly shift towards streaming services and digital content, Paramount Global must keep its finger on the pulse of consumer trends and expectations.

Paramount Global is subject to rapid technological change and intense competition in the technology space. The company will need to continue investing in research and development and stay ahead of the curve to maintain its competitive advantage.

PARA Stock Price History

PARA Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Paramount Global (NASDAQ:PARA) Shares Gap Up to $10.97
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Paramount’s sale cries out for intervention
See More Headlines
Receive PARA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Paramount Global and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
Ex-Dividend for 4/1 Dividend
Dividend Payable
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Television broadcasting stations
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
20 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$29.65 billion
Cash Flow
$23.81 per share
Book Value
$35.30 per share


Free Float
Market Cap
$8.08 billion
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives

  • Mr. Robert Marc Bakish (Age 60)
    President, CEO & Director
    Comp: $16.05M
  • Mr. Naveen K. Chopra (Age 50)
    Executive VP & CFO
    Comp: $3.51M
  • Ms. Christa A. D'Alimonte (Age 55)
    Executive VP, General Counsel & Secretary
    Comp: $3.03M
  • Ms. Nancy Ramsey Phillips (Age 56)
    Executive VP & Chief People Officer
    Comp: $1.83M
  • Ms. Doretha F. Lea (Age 59)
    Executive Vice President of Global Public Policy & Government Relations
    Comp: $1.96M
  • Ms. Jo Ann Ross
    Chairman of Paramount Advertising
  • Ms. Katherine M. Gill-Charest (Age 60)
    Executive VP, Controller & Chief Accounting Officer
  • Mr. Philip R. Wiser (Age 55)
    Executive VP & CTO
  • Mr. Stephen D. Mirante (Age 59)
    Executive VP & Chief Administrative Officer
  • Mr. Jaime Sue Morris C.F.A.
    CPA, Executive Vice President of Investor Relations

PARA Stock Analysis - Frequently Asked Questions

Should I buy or sell Paramount Global stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Global in the last year. There are currently 8 sell ratings, 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" PARA shares.
View PARA analyst ratings
or view top-rated stocks.

What is Paramount Global's stock price target for 2024?

20 brokerages have issued 1-year price targets for Paramount Global's shares. Their PARA share price targets range from $9.00 to $20.00. On average, they predict the company's share price to reach $13.79 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price.
View analysts price targets for PARA
or view top-rated stocks among Wall Street analysts.

How have PARA shares performed in 2024?

Paramount Global's stock was trading at $14.79 on January 1st, 2024. Since then, PARA stock has decreased by 16.3% and is now trading at $12.38.
View the best growth stocks for 2024 here

When is Paramount Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our PARA earnings forecast

How can I listen to Paramount Global's earnings call?

Paramount Global will be holding an earnings conference call on Monday, April 29th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "318497".

How were Paramount Global's earnings last quarter?

Paramount Global (NASDAQ:PARA) issued its quarterly earnings data on Wednesday, February, 28th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.09. The business earned $7.64 billion during the quarter, compared to analyst estimates of $7.80 billion. Paramount Global had a negative net margin of 2.05% and a positive trailing twelve-month return on equity of 1.78%. The firm's revenue was down 6.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.08 EPS.

How often does Paramount Global pay dividends? What is the dividend yield for Paramount Global?

Paramount Global announced a quarterly dividend on Wednesday, April 10th. Stockholders of record on Monday, June 17th will be given a dividend of $0.05 per share on Monday, July 1st. This represents a $0.20 annualized dividend and a yield of 1.62%. The ex-dividend date is Monday, June 17th.
Read our dividend analysis for PARA

Is Paramount Global a good dividend stock?

Paramount Global (NASDAQ:PARA) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.61%.
Read our dividend analysis for PARA.

Who are Paramount Global's major shareholders?

Paramount Global's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.18%), Foundation Resource Management Inc. (0.17%), Wilsey Asset Management Inc. (0.16%), Metropolis Capital Ltd (0.16%), Thompson Investment Management Inc. (0.10%) and IMC Chicago LLC (0.00%). Insiders that own company stock include NATIONAL AMUSEMENTS INC and Shari Redstone.
View institutional ownership trends

How do I buy shares of Paramount Global?

Shares of PARA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PARA) was last updated on 4/23/2024 by Staff

From Our Partners