Wells Fargo downgraded Paramount Global from Equal Weight to Underweight and set a new price target of $9.00 from $14.00 previously
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/9/2024 | $10.00 → $11.00 | Underweight → Equal Weight | Wells Fargo |
| 7/9/2024 | $10.00 | Peer Perform → Underperform | Wolfe Research |
| 6/25/2024 | $9.50 | Sell | Goldman |
| 6/12/2024 | $14.00 → $9.00 | Equal Weight → Underweight | Wells Fargo |
| 5/3/2024 | Hold → Sell | Argus | |
| 5/3/2024 | Buy → Neutral | Seaport Research Partners | |
| 4/30/2024 | Buy → Hold | Needham | |
| 4/4/2024 | Underperform → Peer Perform | Wolfe Research |
- Bloomberg
Paramount Global's (NYSE:PARA) short percent of float has fallen 15.29% since its last report. The company recently reported that it has 54.39 million shares sold short, which is 9.2% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.71 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inte
Warner Bros Discovery Inc (NASDAQ:WBD) shares are trading higher after reports of a significant restructuring that could separate its digital streaming and studio businesses from its traditional television networks. What Happened: The David Zaslav-led entertainment company looks to bolster its struggling share price and manage its substantial debt load of $39 billion. According to the Financial Times, Zaslav — who, as CEO, enjoyed a 27% increase in pay for 2023 and angered fans by canceling movies already in post-production — is eager to sell assets. A spin-off Warner Bros. studio and the Max streaming service into a new company is also being discussed. This company would be largel
Wells Fargo upgraded Paramount Global from Underweight to Equal Weight and set a new price target of $11.00 from $10.00 previously
Wolfe Research downgraded Paramount Global from Peer Perform to Underperform and set a new price target of $10.00
Goldman initiated coverage of Paramount Global with a rating of Sell and set a new price target of $9.50
This fall, families can collect toys with tiny books inside, featuring characters from Paramount's PAW Patrol™, Tales of the Teenage Mutant Ninja Turtles, and PMI's very own Monster Tales! TEL AVIV, Israel, Sept. 11, 2024 /PRNewswire/ - Uniting the exciting world of toys with the imaginative world of books is the brand new patented and trademarked 'Booksy' collectible toy line by renowned global toy company, PMI Kids World. In an era where screens dominate, this collectible toy line offers children and families a unique way to foster a love for play and reading. Featuring tiny books cleverly housed inside unique collectible figures, Booksy engages children in the tactile and imaginative exp
Shopsense AI Lens will give fans the ability to "snap and shop" the looks they love from their favorite artists on music's biggest night Shopsense AI today announced the debut of the Shopsense AI Lens, an embedded, cutting-edge product recognition technology, during the MTV Video Music Awards ("VMAs"). The Shopsense AI Lens will revolutionize how VMA audiences and fans across Paramount's global network shop products at the moment of inspiration on streaming and broadcast content. For the first time ever, the entire VMA broadcast will be shoppable, from the red carpet to the stage, at shop.mtvVMAs.com. The Shopsense AI Lens lets viewers shop their favorite TV shows and live events directly
PAW Patrol's Marshall and Latina Explorer Dora Join Returning SpongeBob SquarePants Balloon and Teenage Mutant Ninja Turtles Float in This Year's Parade Share it: @Nickelodeon @NickelodeonFamily @ParamountPlusClick HERE for assets. NEW YORK, Sept. 10, 2024 /PRNewswire/ -- Nickelodeon will kick off the holiday season in high-flying style with two brand-new elements at the 98th Macy's Thanksgiving Day Parade® on Thursday, Nov. 28. The new Parade entries will showcase popular characters from Nickelodeon's hit animated series PAW Patrol, produced by Spin Master Entertainment, and new Paramount+ original series, DORA.
Presale Begins Wednesday, July 24; Select Markets on Sale Friday, August 2 Families Can Purchase Tickets Before the General Public By Signing up for "Tail Mail" LAS VEGAS, July 22, 2024 /PRNewswire/ - Nickelodeon and VStar Entertainment Group today announced the launch of PAW Patrol Live! "A Mighty Adventure," an all-new live stage show based on the top-rated animated preschool series PAW Patrol, which airs on Nickelodeon, streams on Paramount+ and is produced by Spin Master Entertainment. This exciting interactive show will tour the U.S. beginning October 2024 and picks up where Paramount Pictures' #1 box office hit PAW Patrol: The Mighty Movie left off, promising a high-stakes super-powe
Nick's 1,800 Square-Foot Booth Recreates Beloved "Help Wanted" Episode with Immersive Elements, including SpongeBob's Pineapple, The Krusty Krab and the Barg'N-Mart Nickelodeon and Paramount+'s Massive SpongeBob SquarePants' Takeover Extends to Streets of San Diego with 12-Foot-Tall "SpongeBob Fountain of Positivity" Water Station Located Steps Away from Convention Center; Hard Rock Hotel San Diego Exterior and Interior SpongeBob-Branded Installations Share it: @Nickelodeon @SpongeBob @ParamountPlus #SpongeBob25 #NickSDCC Click HERE for art. BURBANK, Calif., July 10, 2024 /PRNewswire/ -- Nickelodeon is commemorating 25 years of SpongeBob SquarePants with an immersive larger-than-life tribu
The All-New Tour from Nickelodeon, The Pinkfong Company, and VStar Entertainment Group Will Continue to Make Waves Across the U.S. Through 2024 LAS VEGAS, Feb. 12, 2024 /PRNewswire/ - Nickelodeon, The Pinkfong Company, and VStar Entertainment Group proudly debuted Baby Shark's Big Broadwave Tour! on Saturday, Feb. 3 in Sioux City, IA. Audience members were captivated by the live stage show's vibrant blend of stunning visual effects, catchy tunes, and the beloved characters from the hit animated series, Baby Shark's Big Show!, airing on Nickelodeon. From the moment Baby Shark and his undersea friends took to the stage to save the Party Puddle Theatre, joyous laughter and smiles filled the Orp
NEW YORK, Aug. 8, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced financial results for the second quarter ended June 30, 2024. Please visit the Paramount Investors homepage to view the press release. The company will conduct a conference call at 4:30 p.m. (ET) today, and a live audio webcast will be available on Paramount's Investors homepage. The conference call can also be accessed by dialing 833-470-1428 (domestic) or 929-526-1599 (international) using access code 898372. Please call five minutes in advance to ensure that you are connected prior
NEW YORK, Aug. 1, 2024 /PRNewswire/ -- Paramount Global (NASDAQ:PARA, PARAA))) today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share on both its Class A and Class B Common Stock. The dividend will be payable on October 1, 2024, to stockholders of record at the close of business on September 16, 2024. PARA-IR About Paramount Paramount Global (NASDAQ:PARA, PARAA))) is a leading global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, P
NEW YORK, July 12, 2024 /PRNewswire/ -- Paramount Global (NASDAQ:PARA, PARAA))) announced today that it will report second quarter financial results on Thursday, August 8, 2024. The company will conduct a conference call at 4:30 p.m. (ET) following the release of its earnings materials. A live audio webcast will be available on Paramount's Investors homepage at ir.paramount.com beginning at 4:30 p.m. (ET) on August 8. The conference call can also be accessed by dialing 833-470-1428 (domestic) or 929-526-1599 (international) using access code 898372. Please call five minutes in