With a market cap of $12.9 billion, Paramount Skydance Corporation (PSKY) is a leading global media and entertainment company with a diverse portfolio spanning film, television, streaming, and interactive content. Operating through its Studios, Direct-to-Consumer, and TV Media segments, the company delivers entertainment to audiences worldwide.
Companies valued at more than $10 billion are generally considered “large-cap” stocks, and Paramount Skydance fits this criterion perfectly. Its brands include Paramount Pictures, CBS, Nickelodeon, MTV, BET, Comedy Central, Showtime, Pluto TV, and Paramount+, along with Skydance’s film, animation, and gaming divisions.
Shares of the New York-based company have fallen over 9% from its 52-week high of $20.86. Paramount Skydance’s shares have climbed 55.3% over the past three months, exceeding the broader S&P 500 Index’s ($SPX) 8.2% gain over the same time frame.
In the longer term, PSKY stock is up 81.5% on a YTD basis, outperforming SPX’s 12.1% rise. In addition, shares of the company have jumped 79.9% over the past 52 weeks, compared to the 15.2% return of the SPX over the same time frame.
The stock has been trading above its 50-day and 200-day moving averages since mid-February.
Shares of PSKY rose 3.5% following its Q2 2025 results on Jul. 31 as adjusted EPS of $0.46 beat the consensus estimate. Investors were encouraged by the strong DTC performance, with revenues up 14.9% to $2.16 billion, subscription revenues up 21.8%, Paramount+ reaching 77.7 million subscribers with ARPU growth of 9%, and DTC adjusted OIBDA improving by $131 million. Momentum was further supported by theatrical strength from Mission: Impossible – The Final Reckoning, which grossed over $590 million globally, and SG&A cost savings of 11.3%, offsetting weakness in TV Media.
Moreover, on Aug. 7, Skydance Media and Paramount Global completed their merger to form Paramount, a Skydance Corporation (PSKY), uniting Paramount’s legacy content and distribution with Skydance’s production and tech expertise, backed by RedBird Capital.
In comparison, rival Live Nation Entertainment, Inc. (LYV) has lagged behind PSKY stock. LYV stock has increased nearly 25% on a YTD basis and 51.3% over the past 52 weeks.
Despite the stock’s strong performance over the past year, analysts remain moderately bearish on PSKY. It has a consensus rating of “Moderate Sell” from the 24 analysts in coverage, and as of writing, the stock is trading above the mean price target of $12.35.
