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Investor Insights

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.

Consensus
Mixed
Valuation
Fair Value
DON'T BUY
Paramount Global

The balance sheet is awful. Shares are down 54% in the last year.

communications / media
BUY
Paramount Global

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.

communications / media
COMMENT
Paramount Global

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.

communications / media
DON'T BUY
Paramount Global

They have the balance sheet from Hades

communications / media
HOLD
Paramount Global

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.

communications / media
BUY
Paramount Global
Shares are jumping on a report that Amazon will introduce an ad tier to Prime

There's opportunity and runway here. Most of all, there are margins in an ad tier.

communications / media
DON'T BUY
Paramount Global

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.

communications / media
COMMENT
Paramount Global

She bought this in 2020 at $16. The content alone makes this worth $15.

communications / media
DON'T BUY
Paramount Global
Was upgraded today

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.

communications / media
BUY
Paramount Global
Warren Buffett said that streaming is a fundamentally bad business

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.

communications / media
BUY
Paramount Global
Paramount is popping over 7% today, though down 45% in the past year. Pays a 5.6% dividend yield and trades at book value. It's the fastest-growing streaming business. In 2024, it will no longer suffer a cash flow drag as it does now.
communications / media
BUY
Paramount Global
Not a good week for it as it hits a 52-week low. The streaming business is fine, but the worry is they have to spend big on content. This is a short-sighted concern, because they hold $4 billion cash and are free cash-flow positive from legacy business. Also the studios are quickly coming back. The market is getting this wrong. They outperformed in subs and profits over several quarters. Great managers. He also likes Disney.
communications / media
BUY
Paramount Global
They have the highest growth in streaming in subscriber additions. The knock is the streamers' spending on new content, but Paramount will free cash-flow positive next year and has $4 billion of cash on the balance cheap at a really low valuation.
communications / media
BUY
Paramount Global
It's come down with all the streamers. Great content matters. Top Gun and the Offer were hits and attracted viewers. This is really interesting under $24.
communications / media
BUY
Paramount Global
They report next week. They've had several downgrades, but those miss the point. Near-term ads may or may not be soft, but this is not why you own Paramount. You own it for the rapid subscriber growth fueled by their strong content, namely their strong movies like the new Top Gun. A lot of things are going right for Paramount.
communications / media
Showing 1 to 15 of 17 entries

Paramount Global(PARA-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 7

Stockchase rating for Paramount Global is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Paramount Global(PARA-Q) Frequently Asked Questions

What is Paramount Global stock symbol?

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

Is Paramount Global a buy or a sell?

In the last year, 7 stock analysts published opinions about PARA-Q. 2 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Paramount Global.

Is Paramount Global a good investment or a top pick?

Paramount Global was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Paramount Global.

Why is Paramount Global stock dropping?

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.

Is Paramount Global worth watching?

7 stock analysts on Stockchase covered Paramount Global In the last year. It is a trending stock that is worth watching.

What is Paramount Global stock price?

On 2024-05-24, Paramount Global (PARA-Q) stock closed at a price of $11.96.