Skydance (NYSE:SKYD) Upgraded to Neutral at JPMorgan Chase & Co.

Skydance (NYSE:SKYD) was upgraded by stock analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research note issued to investors on Friday, Benzinga reports. The firm presently has a $9.00 price target on the media and entertainment company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 15.68% from the stock’s current price.

A number of other research firms also recently issued reports on SKYD. Citizens Jmp reiterated a “market outperform” rating and set a $7.00 price objective on shares of Skydance in a research note on Tuesday, September 22nd. Barclays set a $7.00 price objective on shares of Skydance and gave the stock an “underweight” rating in a research note on Wednesday, October 7th. Stephens restated a “buy” rating on shares of Skydance in a report on Friday, October 16th. TD Cowen reduced their price target on Skydance from $6.50 to $4.00 and set a “hold” rating for the company in a research report on Wednesday, August 5th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of Skydance in a research report on Wednesday. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and eight have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $5.73.

Skydance Price Performance

Shares of Skydance stock opened at $7.78 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.88 and a debt-to-equity ratio of 1.13. Skydance has a 1 year low of $6.61 and a 1 year high of $17.16. The firm’s 50-day moving average is $6.09 and its two-hundred day moving average is $5.39.

Skydance (NYSE:SKYD) last posted its quarterly earnings results on Tuesday, August 4th. The media and entertainment company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. Skydance had a negative net margin of 2.13% and a positive return on equity of 4.11%. The business had revenue of $6.91 billion during the quarter. As a group, sell-side analysts anticipate that Skydance will post -0.37 EPS for the current fiscal year.

Institutional Investors Weigh In On Skydance

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in Skydance by 126.3% in the first quarter. Dimensional Fund Advisors LP now owns 3,970,920 shares of the media and entertainment company’s stock valued at $35,812,000 after acquiring an additional 2,216,433 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Skydance during the second quarter worth $14,002,000. MTCO Ltd. increased its position in shares of Skydance by 21.4% during the second quarter. MTCO Ltd. now owns 7,650,000 shares of the media and entertainment company’s stock worth $75,429,000 after purchasing an additional 1,350,000 shares in the last quarter. Palestra Capital Management LLC acquired a new position in shares of Skydance during the second quarter worth $12,798,000. Finally, LTS Liquid Investments LLC lifted its holdings in shares of Skydance by 68.7% during the 1st quarter. LTS Liquid Investments LLC now owns 2,030,591 shares of the media and entertainment company’s stock valued at $18,316,000 after purchasing an additional 827,248 shares during the last quarter. Hedge funds and other institutional investors own 73.00% of the company’s stock.

More Skydance News

Here are the key news stories impacting Skydance this week:

• Positive Sentiment: Elon Musk reportedly invests approximately $1 billion. Reports from CNBC and Reuters say Musk has invested about $1 billion in Skydance, potentially providing capital to help address debt following the company’s Paramount and Warner Bros. Discovery-related expansion. Musk’s involvement may also enhance Skydance’s profile and create potential technology, distribution or strategic opportunities. Reuters article
• Positive Sentiment: Speculation about a much larger SpaceX-related investment is supporting sentiment. Liberty Media Chairman John Malone has floated the possibility of an $8 billion to $10 billion SpaceX-Skydance partnership or investment. No such transaction has been confirmed, so the potential remains speculative, but it has encouraged buying in SKYD. Exchange4media article
• Positive Sentiment: Options activity signals aggressive short-term positioning. Traders purchased approximately 94,374 call options, about 37% above average call volume. This indicates increased speculative interest in a further rebound, although options activity does not guarantee a fundamental improvement. American Banking and Market News article
• Neutral Sentiment: Trading was temporarily halted under a volatility-control pause. A LULD halt underscores the unusually sharp price moves and elevated event-driven trading in SKYD. It does not itself change Skydance’s outlook but highlights heightened near-term risk.
• Negative Sentiment: Debt remains the central concern. Coverage emphasizes Skydance’s substantial leverage after its media acquisitions. Although Musk’s reported investment could provide financial relief, investors still lack details on the capital’s structure, use and effect on debt, leaving execution and balance-sheet risks unresolved. MSN article
• Negative Sentiment: Prior warrant-related selling and a reversal of the initial rally are adding technical pressure. The stock’s rebound followed separate warrant trading, but subsequent volatility suggests some investors are using the news to take profits rather than building long-term positions. 247 Wall St article

Skydance Company Profile

Skydance Corporation is a global media and entertainment company formerly known as Paramount Skydance Corporation.