Wells Fargo has maintained an "Underweight" rating for Paramount Global (PARA) and lowered its price target from $12.00 to $10.00, a 16.67% decrease. The rating and price target adjustments were made by analyst Steven Cahill on August 1, 2025. Paramount Global operates in three business segments: TV media, filmed entertainment, and direct to consumer, including TV production studios, film studios, and streaming services. The average one-year price target for PARA is $11.58, with a high estimate of $16.00 and a low estimate of $8.50, implying an 11.30% downside from the current price of $13.06.
Wells Fargo & Company has maintained an "Underweight" rating for Paramount Global (PARA) and lowered its price target from $12.00 to $10.00, a 16.67% decrease. The rating and price target adjustments were made by analyst Steven Cahill on August 1, 2025.
Paramount Global operates in three business segments: TV media, filmed entertainment, and direct to consumer, including TV production studios, film studios, and streaming services. The average one-year price target for PARA is $11.58, with a high estimate of $16.00 and a low estimate of $8.50, implying an 11.30% downside from the current price of $13.06.
Wells Fargo analysts cited concerns about the company's valuation and potential slowdown in demand as reasons for the downgrade. The company's stock has been volatile in recent months, trading between $11.50 and $13.50, with a market cap of $35.4 billion.
Paramount Global reported second-quarter earnings that beat analysts’ estimates, crediting lower costs and growth in streaming profit [3]. The company is preparing to complete its merger with Skydance Media on Aug. 7, which may have a significant impact on its financial performance.
References:
[1] https://www.marketbeat.com/instant-alerts/paramount-group-nysepgre-updates-fy-2025-earnings-guidance-2025-07-30/
[2] https://www.ainvest.com/news/illinois-tool-works-wells-fargo-raises-pt-250-maintains-underweight-rating-2508/
[3] https://www.latimes.com/business/story/2025-07-31/paramount-profit-beats-estimates-ahead-of-skydance-merger
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