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 |
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
- 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
Ahead of the 2024 NFL Regular Season and In Anticipation of "Gladiator II", Pepsi Unleashes "Make Your Gameday Epic™," Featuring "We Will Rock You (Megan Thee Stallion Version)", Limited Consumer Collectibles, Special Offers At Retail and More PURCHASE, N.Y., Sept. 5, 2024 /PRNewswire/ -- Nearly 20 years after the PEPSI® "Roman Empire" conquered pop culture, the brand is returning to the arena with a colossal Gladiator-themed campaign titled, "Make Your Gameday Epic™." As a longtime NFL sponsor, Pepsi is celebrating the start of the 2024 NFL season and the highly anticipated theatrical release of Paramount Pictures' "Gladiator II," only in theatres November 22, with a short-film that will el
Share it: @NickAtNiteTV Click HERE to download assets. HOLLYWOOD, Calif., Sept. 3, 2024 /PRNewswire/ -- Nickelodeon today announced the addition of Modern Family, the 22-time Emmy® Award-winning acclaimed comedy series, to its Nick at Nite programming lineup beginning Monday, Sept. 9. All 11 seasons of Modern Family will debut in Nickelodeon's nighttime programming block and air daily from 2-4 a.m. (ET/PT). The series joins a stellar roster of popular family comedies, including Emmy® Award-winning shows Friends, Mike & Molly and Mom, as well as beloved sitcoms Young Sheldon and The Neighborhood, and marks the first time the sitcom will air within Paramount's family of brands.
TORONTO, Aug. 28, 2024 /CNW/ -- Paramount+, the global streaming service from Paramount (NASDAQ:PARA, PARAA))), has launched the Paramount+ app on PlayStation 5 console in Canada. Available now, PlayStation 5 console users can download the Paramount+ app and subscribe to receive access to the service's vast content portfolio, including all seasons of YELLOWSTONE (Season 5, part 2 drops November 10), the upcoming Season 2 premiere of hit series FRASIER (September 19) as well as the highly anticipated series LANDMAN co-created by Taylor Sheridan, with a cast including Billy Bob
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