Paramount Skydance (NASDAQ:PSKY) Earns Market Outperform Rating from Citizens Jmp

Paramount Skydance (NASDAQ:PSKY)‘s stock had its “market outperform” rating reissued by research analysts at Citizens Jmp in a research note issued on Tuesday, Benzinga reports. They currently have a $14.00 price target on the stock. Citizens Jmp’s price target points to a potential upside of 36.19% from the stock’s current price.

A number of other equities analysts have also commented on PSKY. Arete Research reiterated a “sell” rating and set a $2.00 price target on shares of Paramount Skydance in a report on Thursday, July 9th. Citigroup assumed coverage on shares of Paramount Skydance in a research note on Monday, September 14th. They set an “outperform” rating for the company. Morgan Stanley lifted their target price on shares of Paramount Skydance from $10.00 to $11.50 and gave the stock an “overweight” rating in a research note on Tuesday, September 22nd. Weiss Ratings raised shares of Paramount Skydance from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, August 6th. Finally, Barclays assumed coverage on shares of Paramount Skydance in a research note on Thursday, September 17th. They set an “underweight” rating and a $8.00 target price for the company. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and nine have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Paramount Skydance presently has a consensus rating of “Reduce” and an average price target of $11.17.

Paramount Skydance Price Performance

Shares of NASDAQ:PSKY traded up $0.32 during mid-day trading on Tuesday, reaching $10.28. 24,105,957 shares of the company’s stock were exchanged, compared to its average volume of 21,330,560. The business’s fifty day moving average price is $9.85 and its 200-day moving average price is $10.04. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.04 and a quick ratio of 0.88. Paramount Skydance has a twelve month low of $7.62 and a twelve month high of $20.09.

Paramount Skydance shares are going to split on Monday, October 5th. The 2-1 split was recently announced. The newly issued shares will be distributed to shareholders after the closing bell on Sunday, October 4th.

Paramount Skydance (NASDAQ:PSKY) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. The company had revenue of $6.91 billion for the quarter. Paramount Skydance had a negative net margin of 2.13% and a positive return on equity of 4.11%. As a group, equities research analysts forecast that Paramount Skydance will post 0.56 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Paramount Skydance

Several hedge funds and other institutional investors have recently bought and sold shares of PSKY. Huntington National Bank increased its stake in Paramount Skydance by 108.2% in the fourth quarter. Huntington National Bank now owns 2,259 shares of the company’s stock valued at $30,000 after purchasing an additional 1,174 shares in the last quarter. Larson Financial Group LLC increased its stake in Paramount Skydance by 539.3% in the fourth quarter. Larson Financial Group LLC now owns 2,295 shares of the company’s stock valued at $31,000 after purchasing an additional 1,936 shares in the last quarter. Compass Financial Management LLC bought a new stake in Paramount Skydance in the second quarter valued at $42,000. CX Institutional increased its stake in Paramount Skydance by 38.1% in the second quarter. CX Institutional now owns 4,612 shares of the company’s stock valued at $45,000 after purchasing an additional 1,273 shares in the last quarter. Finally, Pittenger & Anderson Inc. increased its stake in Paramount Skydance by 18.0% in the first quarter. Pittenger & Anderson Inc. now owns 6,560 shares of the company’s stock valued at $59,000 after purchasing an additional 1,000 shares in the last quarter. 73.00% of the stock is owned by institutional investors.

Trending Headlines about Paramount Skydance

Here are the key news stories impacting Paramount Skydance this week:

• Positive Sentiment: Paramount Skydance plans to offer approximately $44.4 billion of senior secured notes, providing a major component of the permanent financing package for the Warner Bros. Discovery deal. The financing announcement appears to have increased confidence that the transaction is advancing toward completion. Paramount Skydance Announces Launch of Notes Offerings
• Positive Sentiment: The company also reported progress on other closing requirements, including earlier regulatory clearances and a settlement with 12 states that removed a significant legal obstacle. Investors may view these developments as reducing deal-completion risk. Paramount’s Regulatory Concessions and Warner Bros. Discovery Deal
• Neutral Sentiment: Paramount Skydance extended its Warner-related exchange and tender offers to October 6, with settlement expected during the fourth quarter. The change suggests the liability-management process is being coordinated with the anticipated deal closing, though it also indicates that the transaction remains unfinished. Paramount Skydance Extends Exchange and Tender Offers
• Negative Sentiment: The proposed transaction requires substantial leverage, while the broader funding plan includes up to $46.7 billion of equity financing and warrants for eligible Class B shareholders. The debt burden, financing costs and potential dilution remain important risks for PSKY investors, particularly if the Warner deal fails to generate expected synergies or cash flow.

About Paramount Skydance

Paramount Skydance Corporation (NASDAQ: PSKY) is a global media and entertainment company formed through the combination of Paramount Global and Skydance Media. The company develops, produces and distributes feature films, television programming and other video content for audiences in the United States and international markets.

Its portfolio includes Paramount Pictures, CBS, Nickelodeon, MTV, Comedy Central, BET, Showtime and other well-known entertainment brands. Paramount Skydance also operates streaming services including Paramount+ and Pluto TV, as well as businesses involved in television broadcasting, news, sports and content licensing.

The company’s history includes Paramount Pictures, one of Hollywood’s longstanding film studios, and Skydance Media, a production company founded in 2010 by David Ellison.