StoneX cuts target for Skydance stock to USD 11.00

Published on 10/14/2026 at 11:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

StoneX lowered its target from USD 16.00 to USD 11.00 on October 13, 2026. StoneX set a Buy rating for Skydance stock after the October 6, 2026 merger.

Skydance integration milestones

StoneX lowered its target from USD 16.00 to USD 11.00 on October 13, 2026.
Skydance completed its Warner Bros. Discovery acquisition on October 6, 2026 and committed to 30 theatrical films annually.
Management targets at least USD 6.00 billion in run-rate synergies within three years.

Paramount Skydance, US69932A2042, Illustration mit AI erstellt.

Skydance (ISIN US69932A2042) had its StoneX price target cut from USD 16.00 to USD 11.00 on October 13, 2026, while analyst Daniel Kurnos kept a Buy rating, according to TipRanks. The revision followed Skydance's October 6, 2026 completion of its Warner Bros. Discovery acquisition, according to the company's Skydance release.

Three milestones reshape Skydance

On August 4, 2026, Skydance reported quarterly revenue of USD 6.91 billion and earnings per share of USD 0.09, according to MarketBeat. On October 5, 2026, Skydance announced a leadership team with David Ellison as chairman and chief executive and Ynon Kreiz as co-chief executive, according to the company release.

On October 6, 2026, the acquisition created a combined entertainment company with a minimum commitment of 30 theatrical films per year and more than 180 television shows and series. The new structure also combines Paramount, Warner Bros., HBO, CBS, CNN, Paramount Plus and other media brands.

What does USD 6.00 billion mean?

Skydance is targeting at least USD 6.00 billion in run-rate synergies within three years, a figure that gives the merger its central financial test. The company also says it expects more than USD 10.00 billion in free cash flow by 2030 and aims to reduce net leverage to 3.00 times by the end of 2029.

The scale is substantial: the company describes the combined business as having nearly USD 70.00 billion in revenue and more than USD 30.00 billion in pro forma content spending over the last twelve-month period. For investors, StoneX's lower USD 11.00 target shows that integration potential and balance-sheet execution are being assessed together.

Leverage target reaches 3.00 times

Skydance's post-merger case rests on converting scale into savings while financing a larger content operation. The company has set a measurable 3.00-times net-leverage target for the end of 2029, alongside the USD 6.00 billion synergy goal.