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NASDAQ: PARA
Paramount Global Stock Forecast, Predictions & Price Target

Analyst price target for PARA

Based on 13 analysts offering 12 month price targets for Paramount Global.
Min Forecast
$9.00-23.53%
Avg Forecast
$13.23+12.41%
Max Forecast
$19.00+61.43%

Should I buy or sell PARA stock?

Based on 13 analysts offering ratings for Paramount Global.
Sell
Strong Buy
2 analysts 15.38%
Buy
1 analysts 7.69%
Hold
3 analysts 23.08%
Sell
2 analysts 15.38%
Strong Sell
5 analysts 38.46%

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PARA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-21
lockedlocked$00.00+00.00%2024-02-29
lockedlocked$00.00+00.00%2024-02-29
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-01-11
Moffett Nathanson
HoldUpgrades$13.00+10.45%2024-01-09
Wells Fargo
Top 14%
87
HoldUpgrades$18.00+52.93%2023-12-20
Loop Capital
Bottom 11%
11
Strong SellDowngrades$12.00+1.95%2023-12-11
Bank of America
Top 34%
67
SellDowngrades$9.00-23.53%2023-11-06
Goldman Sachs
Bottom 8%
8
Strong SellMaintains$11.00-6.54%2023-10-20

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Forecast return on equity

Is PARA forecast to generate an efficient return?
Company
N/A
Industry
4.39%
Market
37.27%

Forecast return on assets

Is PARA forecast to generate an efficient return on assets?
Company
N/A
Industry
2.24%

PARA revenue forecast

What is PARA's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$30.9B+4.19%
Avg 2 year Forecast
$31.6B+6.53%
Avg 3 year Forecast
$32.0B+8.08%
PARA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PARA revenue growth forecast

How is PARA forecast to perform vs Entertainment companies and vs the US market?
Company
2.68%
Industry
6.96%
Market
10.52%
PARA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PARA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PARA vs Entertainment Stocks

TickerPricePrice TargetUp/downsideConsensus
PARA$11.77$13.23+12.41%Sell
EDR$25.73$29.50+14.65%Buy
ROKU$65.17$88.09+35.17%Hold
NXST$172.29$184.50+7.09%Buy
MSGS$184.52N/AN/A

Paramount Global Stock Forecast FAQ

Is Paramount Global Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NASDAQ: PARA) stock is to Sell PARA stock.

Out of 13 analysts, 2 (15.38%) are recommending PARA as a Strong Buy, 1 (7.69%) are recommending PARA as a Buy, 3 (23.08%) are recommending PARA as a Hold, 2 (15.38%) are recommending PARA as a Sell, and 5 (38.46%) are recommending PARA as a Strong Sell.

If you're new to stock investing, here's how to buy Paramount Global stock.

What is PARA's revenue growth forecast for 2024-2026?

(NASDAQ: PARA) Paramount Global's forecast annual revenue growth rate of 2.68% is not forecast to beat the US Entertainment industry's average forecast revenue growth rate of 6.96%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.52%.

Paramount Global's revenue in 2024 is $29,652,000,000.On average, 7 Wall Street analysts forecast PARA's revenue for 2024 to be $20,158,913,443,034, with the lowest PARA revenue forecast at $19,832,935,822,968, and the highest PARA revenue forecast at $20,608,740,556,930. On average, 6 Wall Street analysts forecast PARA's revenue for 2025 to be $20,611,347,887,222, with the lowest PARA revenue forecast at $19,960,944,909,042, and the highest PARA revenue forecast at $21,952,207,291,352.

In 2026, PARA is forecast to generate $20,911,087,125,651 in revenue, with the lowest revenue forecast at $20,395,489,517,909 and the highest revenue forecast at $21,424,999,364,488.

What is PARA's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: PARA) forecast ROA is N/A, which is lower than the forecast US Entertainment industry average of 2.24%.

What is PARA's Price Target?

According to 13 Wall Street analysts that have issued a 1 year PARA price target, the average PARA price target is $13.23, with the highest PARA stock price forecast at $19.00 and the lowest PARA stock price forecast at $9.00.

On average, Wall Street analysts predict that Paramount Global's share price could reach $13.23 by Mar 21, 2025. The average Paramount Global stock price prediction forecasts a potential upside of 12.41% from the current PARA share price of $11.77.

What is PARA's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: PARA) forecast ROE is N/A, which is considered weak.
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