This summary was created by AI, based on 2 opinions in the last 12 months.
The experts have mixed opinions on Paramount Global's stock. One expert sees potential due to a near merger deal with Skydance, but is cautious about the high valuation. Another expert is concerned about the company's poor balance sheet and significant drop in shares over the last year. Overall, there is uncertainty about the stock's future.
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, 3 stock analysts published opinions about PARA-Q. 1 analyst recommended to BUY the stock. 1 analyst 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.
3 stock analysts on Stockchase covered Paramount Global In the last year. It is a trending stock that is worth watching.
On 2024-12-12, Paramount Global (PARA-Q) stock closed at a price of $11.425.
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.