Paramount Global Stock Target Price and Analyst Consensus
| PARA Stock | USD 12.56 0.23 1.87% |
The current analyst and expert consensus on Paramount Global is Hold with 11 hold recommendations. The current projected Paramount Global target price consensus is 16.35 with 29 analyst opinions. One of the most common ways Paramount Global Class analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Paramount Global vendors, executives, and/or customers. Paramount Global recommendation module provides expert sentiment on the projected Paramount Global Class target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Paramount Global to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 14.88 | Highest Forecast 18.15 | Target Price 16.35 |
Paramount |
It's important to approach Paramount Global's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Paramount Global Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Paramount target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Paramount Global's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 29 | Hold |
Most Paramount analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Paramount stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Paramount Global Class, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationParamount Global Target Price Projection
Paramount Global's current and average target prices are 12.56 and 16.35, respectively. The current price of Paramount Global is the price at which Paramount Global Class is currently trading. On the other hand, Paramount Global's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Paramount Global Market Quote on 16th of May 2024
Target Price
Analyst Consensus On Paramount Global Target Price
Paramount Global Analyst Ratings
Paramount Global's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Paramount Global stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Paramount Global's financials, market performance, and future outlook by experienced professionals. Paramount Global's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Paramount Global price targets
Paramount Global's stock target price is an estimate of its future price, usually made by analysts. Using Paramount Global's target price to determine if it is a suitable investment can be done through the following steps:- Look at Paramount Global's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Paramount Global's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Paramount Global Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Paramount Global is a key component of Paramount Global valuation and have some predictive power on the future returns of a Paramount Global.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Paramount Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
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Check out Macroaxis Advice on Paramount Global to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Paramount Stock analysis
When running Paramount Global's price analysis, check to measure Paramount Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paramount Global is operating at the current time. Most of Paramount Global's value examination focuses on studying past and present price action to predict the probability of Paramount Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Global's price. Additionally, you may evaluate how the addition of Paramount Global to your portfolios can decrease your overall portfolio volatility.
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The data published in Paramount Global's official financial statements usually reflect Paramount Global's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Paramount Global Class. For example, before you start analyzing numbers published by Paramount accountants, it's critical to develop an understanding of what Paramount Global's liquidity, profitability, and earnings quality are in the context of the Media space in which it operates.
Please note, the presentation of Paramount Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Paramount Global's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Paramount Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Paramount Global Class. Please utilize our Beneish M Score to check the likelihood of Paramount Global's management manipulating its earnings.