Paramount Skydance names CEO team: USD 11.17 target for Paramount Skydance stock
Published on 10/06/2026 at 09:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Paramount Skydance (ISIN US69932A2042) named David Ellison and Ynon Kreiz to lead the combined company on October 5, 2026, while the average analyst target stood at USD 11.17. The leadership announcement arrives one day before the planned closing of the Warner Bros. Discovery transaction.
Leadership arrives before closing
According to Paramount on October 5, 2026, Ellison and Kreiz announced the chief executive leadership team planned for the combined business, which is expected to be named Skydance. The announcement assigns Ellison responsibility for strategy, creative operations and technology, while Kreiz is set to oversee day-to-day operations and integration.
Paramount and Warner Bros. Discovery said on September 30, 2026, that the merger is expected to close on October 6, 2026, subject to customary closing conditions. The timing makes management structure and integration execution the immediate operating question for the enlarged media group.
Revenue reaches USD 6.91 billion
Paramount Skydance reported USD 6.91 billion of revenue and USD 41.00 million of net income attributable to common shareholders in the second quarter of 2026. The same quarter carried diluted earnings per share of USD 0.04 and an operating margin of 7.00 percent, according to MetaTrader.
Revenue fell from USD 7.35 billion in the first quarter of 2026 to USD 6.91 billion in the second quarter, a decline of 5.91 percent. Net income also fell from USD 168.00 million to USD 41.00 million, making the leadership transition relevant beyond the merger timetable.
Analysts see a divided valuation
MarketBeat reported a consensus Reduce rating and an average price target of USD 11.17 on October 1, 2026. Its summary listed four Buy ratings, five Hold ratings and nine Sell ratings, showing a wide split over the debt burden and the potential benefits of the proposed transaction.
The primary-market snapshot dated October 5, 2026, showed a market capitalization of USD 10.6 billion and a 52-week range of USD 7.62 to USD 19.22. That range places the stock's current valuation well below its yearly high, while the merger financing remains a central risk factor.
Stock trades at EUR 8.70
Paramount Skydance stock was trading at EUR 8.70 at Lang & Schwarz on October 6, 2026 at 9:48 a.m. CEST, down 0.34 percent versus the prior close of EUR 8.73 at Lang & Schwarz on October 5, 2026. The Nasdaq filing also describes the planned transfer of the Class B listing to the New York Stock Exchange and a ticker change from PSKY to SKYD, targeted for October 6, 2026.
The further course of trading is shown by the continuously updated real-time quote of Paramount Skydance stock.
Paramount Skydance market data
- Company: Paramount Skydance Corporation
- ISIN: US69932A2042
- Ticker: PSKY
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 6, 2026, 9:48 a.m. CEST: EUR 8.70
- Change versus prior close: minus 0.34 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 8.73
- Market capitalization: USD 10.6 billion as of October 5, 2026
- 52-week range: USD 7.62-19.22 as of October 5, 2026
- Sector / Industry: Communication Services / Entertainment
