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Paramount Global has a consensus price target of $15.92 based on the ratings of 32 analysts. The high is $32 issued by B of A Securities on March 28, 2023. The low is $9 issued by B of A Securities on November 6, 2023. The 3 most-recent analyst ratings were released by Macquarie, Guggenheim, and JP Morgan on November 11, 2024, September 25, 2024, and August 15, 2024, respectively. With an average price target of $11.67 between Macquarie, Guggenheim, and JP Morgan, there's an implied 10.27% upside for Paramount Global from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Paramount Glb (NASDAQ:PARA) was reported by Macquarie on November 11, 2024. The analyst firm set a price target for $10.00 expecting PARA to fall to within 12 months (a possible -5.48% downside). 32 analyst firms have reported ratings in the last year.
The latest analyst rating for Paramount Glb (NASDAQ:PARA) was provided by Macquarie, and Paramount Glb maintained their underperform rating.
The last upgrade for Paramount Global happened on August 9, 2024 when Wells Fargo raised their price target to $11. Wells Fargo previously had an underweight for Paramount Global.
The last downgrade for Paramount Global happened on June 12, 2024 when Wells Fargo changed their price target from $14 to $9 for Paramount Global.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Paramount Glb, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Paramount Glb was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Paramount Glb (PARA) rating was a maintained with a price target of $10.00 to $10.00. The current price Paramount Glb (PARA) is trading at is $10.58, which is out of the analyst’s predicted range.
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