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Paramount Global Amends Credit Agreement for Flexibility

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Confident Investing Starts Here:

An announcement from Paramount Global Class B ( (PARA) ) is now available.

On May 12, 2025, Paramount Global amended its credit agreement to increase the cap on unrestricted cash that can be netted against Consolidated Indebtedness from $1.5 billion to $3.0 billion. Additionally, the amendment allows for an expanded definition of Consolidated EBITDA, including a new add-back for cash items related to restructuring, litigation, and business optimization, capped at 15% of Consolidated EBITDA. These changes are expected to enhance Paramount’s financial flexibility and potentially improve its leverage ratio, impacting its operational and strategic positioning.

The most recent analyst rating on (PARA) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Paramount Global Class B stock, see the PARA Stock Forecast page.

Spark’s Take on PARA Stock

According to Spark, TipRanks’ AI Analyst, PARA is a Neutral.

Paramount Global Class B’s overall stock score reflects a mixture of strengths and weaknesses. Financial performance is a significant concern due to declining revenue and profitability, impacting the score. Technical analysis shows positive momentum, providing some optimism. However, the negative P/E ratio and low dividend yield weigh on the valuation. The earnings call provided a mixed outlook with strong subscriber growth but noted challenges in advertising revenue, leading to a balanced score.

To see Spark’s full report on PARA stock, click here.

More about Paramount Global Class B

Paramount Global is a prominent player in the media and entertainment industry, known for its diverse portfolio of television, film, and digital content. The company focuses on delivering high-quality entertainment experiences across various platforms, catering to a global audience.

Average Trading Volume: 8,993,255

Technical Sentiment Signal: Hold

Current Market Cap: $8.51B

For a thorough assessment of PARA stock, go to TipRanks’ Stock Analysis page.

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