TD Cowen analyst Doug Creutz has reiterated their neutral stance on PARA stock, giving a Hold rating on April 30.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Doug Creutz has given his Hold rating due to a combination of factors influencing Paramount Global Class B’s performance. The company reported better-than-expected results in the first quarter of 2025, with revenue and adjusted earnings per share surpassing estimates. This positive outcome was primarily driven by the TV Media segment, which showed resilience despite a decline in advertising revenue. However, the overall economic environment poses challenges that could impact future financial targets, as noted by management.
Despite the strong performance in some areas, there are concerns about the sustainability of these results. The Direct-to-Consumer segment showed mixed results, with subscription growth offsetting weaker advertising revenue. Additionally, the Filmed Entertainment division performed in line with expectations but did not show significant growth. These mixed signals contribute to the decision to maintain a Hold rating, as the potential for growth is tempered by existing uncertainties in the market.