Gallery
Picture 1
Paramount stock price forecast dividend yield stability remains part
New with box
Oops! Looks like we're having trouble connecting to our server.
Refresh your browser window to try again.
Dividend yield stability remains part of the Paramount stock price forecast narrative, with the current 4.1% annual yield attracting income-focused portfolios amidst a high interest rate environment. Cahall, who maintained his Underweight rating and $12 price target, said a "meaningfully profitable" direct-to-consumer (DTC) streaming business could change that outlook as it would mean the company can survive unfavorable linear television trends, which have been hard hit by cord-cutting. At face value, it appears that PSKY is trading at a significant premium to these two names. However, the implicit financial backing of Larry Ellison, with an approximate net worth of nearly $300 billion, is a big positive. As the streaming wars intensify, the Paramount stock price forecast reflects investor focus on content monetization. Wall Street models suggest every 1% improvement in operating margin might add approximately $0.50 per share to fair value estimates in the next 12 months.