Bernstein cuts target to USD 6.00 for Paramount Skydance stock

Published on 10/17/2026 at 19:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 6.91 billion. Paramount Skydance stock last stood at EUR 6.64 at Tradegate on October 16, 2026 at 4:07 p.m. CEST.

Target cut and earnings context

Bernstein lowered its target from USD 12.00 to USD 6.00 on October 16, 2026.
Second-quarter revenue reached USD 6.91 billion, while net income was USD 41.00 million.
Paramount Skydance stock last stood at EUR 6.64 at Tradegate on October 16, 2026 at 4:07 p.m. CEST.
The next earnings release is scheduled for November 16, 2026.

Paramount Skydance, US69932A2042, Illustration mit AI erstellt.

Bernstein lowered its Paramount Skydance price target from USD 12.00 to USD 6.00 on October 16, 2026, keeping an Underperform rating. Compared with the USD 6.91 NYSE close on October 16, the new target is 13.17 percent lower. The last available euro quote was EUR 6.64 at Tradegate on October 16, 2026 at 4:07 p.m. CEST.

Second-quarter revenue reached USD 6.91 billion

Paramount Skydance reported second-quarter 2026 revenue of USD 6.91 billion, broadly flat from the prior-year quarter, while net income fell to USD 41.00 million from USD 57.00 million. The profit margin was 0.60 percent, down from 0.80 percent, according to Simply Wall St.

Valuation carries a USD 10.6 billion market cap

Paramount Skydance had a USD 10.6 billion market capitalization and a negative price-to-earnings ratio of 17.46 as of October 5, 2026. The company also paid a 0.02 percent trailing dividend yield. These figures place the stock in a transition phase after the Warner Bros. Discovery combination, rather than offering a settled earnings profile.

On October 6, 2026, Paramount completed the Warner Bros. Discovery acquisition and said the combined group was targeting at least USD 6.00 billion in run-rate synergies within three years, according to the company's investor-relations page. The scale of that target contrasts with Bernstein's October 16 assessment that leverage, free cash flow and integration remain material execution issues.

Comparison with peers

Paramount Skydance (NYSE, USD): P/E minus 17.46, market capitalization USD 10.6 billion

Fox Corporation (Nasdaq, USD): plus 0.27 percent, P/E 14.94, market capitalization USD 27.1 billion

Nexstar Media Group (Nasdaq, USD): minus 0.04 percent, P/E 31.35, market capitalization USD 5.1 billion

Next results arrive November 16

The next earnings release is scheduled for November 16, 2026, according to TradingView. The date will give investors the first regular reporting checkpoint after the merger closed.