Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services. It also operates Paramount+, a digital subscription video on-demand and live streaming services; and creates and acquires programming for distribution and viewing on various media platforms, including subscription cable networks, subscription streaming, and premium and basic cable networks. In addition, the company develops, produces, finances, acquires, and distributes films. Paramount Global was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was incorporated in 1986 and is headquartered in New York, New York. Paramount Global operates as a subsidiary of National Amusements, Inc.
IPO Year:
Exchange: NASDAQ
Website: https://www.paramount.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/29/2025 | $12.00 | Buy → Neutral | Citigroup |
| 4/2/2025 | $12.00 | Buy → Hold | Deutsche Bank |
| 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 |
Citigroup downgraded Paramount Global from Buy to Neutral and set a new price target of $12.00
Deutsche Bank downgraded Paramount Global from Buy to Hold and set a new price target of $12.00
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
Wells Fargo downgraded Paramount Global from Equal Weight to Underweight and set a new price target of $9.00 from $14.00 previously
Argus downgraded Paramount Global from Hold to Sell
Seaport Research Partners downgraded Paramount Global from Buy to Neutral
Needham downgraded Paramount Global from Buy to Hold
Wolfe Research upgraded Paramount Global from Underperform to Peer Perform