In a report released yesterday, Jason Bazinet from Citi maintained a Hold rating on Paramount Skydance, with a price target of $17.00.
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Jason Bazinet has given his Hold rating due to a combination of factors influencing Paramount Skydance’s financial performance and future outlook. The company’s recent earnings report showed mixed results, with revenue and earnings per share falling short of expectations, while adjusted operating income before depreciation and amortization (OIBDA) exceeded forecasts. This discrepancy suggests that while the company is managing its expenses effectively, its revenue generation is not meeting market expectations.
Looking ahead, Paramount Skydance’s guidance for 2026 indicates revenue projections below consensus estimates, although the adjusted OIBDA outlook is more optimistic due to anticipated expense synergies. Additionally, the company’s performance in different segments, such as TV Media and Direct-to-Consumer, showed varied results, with some areas outperforming expectations and others lagging. Given these mixed signals, Bazinet’s Hold rating reflects a cautious stance, acknowledging the company’s potential for improvement while recognizing the challenges it faces in achieving revenue growth.
In another report released today, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $15.50 price target.