From a discounted cash flow perspective, the Paramount stock price forecast assigns a fair value of $15.70, incorporating conservative growth projections and assuming steady free cash flow generation over the next five fiscal years. However, Cahall said he remains "skeptical there's a more drastic change in strategy coming," explaining that although the severance changes are "positive at face value," that doesn't necessarily indicate a higher likelihood of M&A. Paramount Skydance Corporation operates as a media and entertainment company worldwide. It operates in three segments: Studios, Direct-to-Consumer, and TV Media. The company operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; and domestic premium and basic cable networks, such as Nickelodeon, MTV, CMT, Comedy Central, BET, Paramount+ with SHOWTIME, Paramount Network, The Smithsonian Channel, BET Media Group, CBS Sports Network, and international extensions of these brands. It also provides domestic and international television studio operations, including CBS Studios, Paramount Television Studios, and Showtime/MTV Entertainment Studios; CBS Media Ventures, which produces and distributes first run syndicated programming; and digital properties consist of CBS News Streaming and CBS Sports HQ. In addition, the company offers a portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, and BET+. Further, it produces and acquires films, series, and short-form content for release and licensing worldwide, including in theaters, on streaming services, on television, through digital home entertainment, and DVDs/Blu-rays; and operates a portfolio consist of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. It provides production, distribution, and advertising solutions. The company was founded in 1914 and is headquartered in New York, New York. Paramount stock price forecast for Q2 2024 suggests moderate upside potential, with analysts targeting a $14.50–$16.20 range. Traders are closely watching revenue growth from its streaming segment, as industry data shows digital subscription markets expanding at 8% YoY, potentially lifting valuation multiples.