This summary was created by AI, based on 10 opinions in the last 12 months.
Paramount Global (PARA-Q) has been experiencing a mix of challenges and opportunities. While the balance sheet and ad revenues have been weak, the company's streaming service, Paramount+, has shown strong growth in subscribers and profits. The market is cautiously optimistic about the company's future, especially with potential for a partnership and the introduction of an ad tier. However, there are concerns about competition and the need for a stronger partner to unlock the company's full value.
The balance sheet is awful. Shares are down 54% in the last year.
Are discussing bundling their streaming service, so shares are popping on this good news. They've had a rough year. They're cutting costs and turning things around. 2024 will be better for ads in linear TV. Free cash flow estimates are rising to $400 million. The market is seeing how things are not that dire here.
They just reported. Expectations were so low, but they delivered in-sales, a strong earnings beat, driven by Paramount+ whose revenues and subscribers have risen. The streamer has also expanded its profits. However, ad revenues and licensing (due to the actors and writers strikes) were down on the quarter and missed. But streaming's strength offset that weakness. That said, PARA has a weak balance sheet that needs interest rates to decline.
Potential takeout target.
Broadcasting segment adds complexity to business.
Berkshire Hathaway owns ~15% of shares (good sign).
Tough environment with competition from Netflix and Disney.
There's opportunity and runway here. Most of all, there are margins in an ad tier.
Despite today's rally on a report that Amazon will offer an ad tier on Prime, PARA's momentum is clearly broken already. Doesn't like it.
She bought this in 2020 at $16. The content alone makes this worth $15.
They need a partner with deep partners and won't thrive until then. They need cost synergies. Prefer they partner with a similar company to enjoy synergies. There is value, but need a partner to unlock it.
He disagrees. Subscriber numbers at PARA have beaten expectations for the last 6 quarters. They could be profitable by mid-2024. This isn't a start-up, but are growing it rapidly, outpacing their peers in pace.
Paramount Global is a American stock, trading under the symbol PARA-Q on the NASDAQ (PARA). It is usually referred to as NASDAQ:PARA or PARA-Q
In the last year, 4 stock analysts published opinions about PARA-Q. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Paramount Global.
Paramount Global was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Paramount Global.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Paramount Global In the last year. It is a trending stock that is worth watching.
On 2024-10-04, Paramount Global (PARA-Q) stock closed at a price of $10.52.
They're near a merger deal with Skydance. Shares are popping. Doesn't like the valuation of the merger which will be 5x more than the valuation of Paramount alone. He won't add shares, but hold on, because he sees value in Paramount Studios.