Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Paramount Skydance Corporation (PSKY)
NASDAQCommunication ServicesEntertainmentSnapshot 2026-11-04
$9.77+41.39%
Close 2026-10-22 · 1-day change
NASDAQCommunication ServicesEntertainmentSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.78 → 0.78 EPS · FY ending Dec 31, 2027 · 11 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 2, 2026 to Nov 1, 2026: (new ÷ prior − 1). Contributor count changed from 11 to 11; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for PSKY yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Achieve $2.5 billion run-rate cost savings by end 2026 | Cost savings of $2.5 billion are expected by end of 2026. | Intact | Cost savings fall below $2 billion by end 2026 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Oct 31, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 quarters: 2025-Q3 and 2026-Q1. Management increased the run-rate efficiency target from $2 billion to at least $3 billion, with $2.5 billion expected by end of 2026. The trajectory shows delivering progress toward the cost savings goal. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 3, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is an acquisition-driven media and streaming business with a multi-year thesis that depends on execution, rather than a low-risk compounder. The thesis is marked intact, though recent management and company-quality signals have weakened and the overall signal is now mixed.
Valuation evidence is mixed: one measure describes PSKY as cheap versus peers, while another shows a 28% premium to peers and classifies value as expensive. The model has low confidence, and the expectations gap is negative, suggesting the current setup does not leave much cushion for weaker results.
Near term, management has reaffirmed 2026 revenue and adjusted EBITDA guidance, and DTC streaming revenue grew 11% year over year in Q1 2026. The acquisition closed on October 6 as planned, but elevated risk, a headwind sector backdrop, and erratic recent earnings surprises make guidance delivery important.
A guidance cut at the next call would be a meaningful negative for the thesis. Fed rate cuts and continued strong results and guidance from sector peers such as NFLX, DIS, and WBD could provide favorable support, while DTC growth and acquisition execution remain important multi-year tests.
Over the next 1 to 3 years, PSKY’s thesis rests on turning the completed acquisition, streaming growth, and reaffirmed targets into steady execution. The thesis remains intact, but weaker management signals and an expensive valuation make delivery the key test. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Grow direct-to-consumer streaming revenue | A supporting condition in Paramount Skydance Corporation's published investment case. The stated target is DTC revenue >= $2.4 billion in Q1 2026. | Broken | DTC revenue growth falls below 5% YoY | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Oct 31, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 quarters: 2026-Q1 and 2026-Q2. DTC revenue grew 11% year-over-year to $2.4 billion in Q1 2026, with subscriber count increasing by 0.7 million. Management is advancing platform consolidation and content investment. The trajectory shows delivering growth and ongoing platform enhancements. Delivery assessment Oct 31, 2026 |
Complete Warner Bros. Discovery acquisition by Q3 2026 | Paramount Skydance aims to finish the Warner Bros. | Recovered | Merger not closed by Q3 2026 | Deal closed Oct 2026 vs Q3 2026 target Paramount Skydance sealed the $110B Warner Bros. Discovery deal, with combined company hitting NYSE and debt priced. Oct 22, 2026Last status assessment Oct 31, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated as a priority in 3 quarters including 2025-Q4, 2026-Q2, and the 2026-10-06 press release. Management expected the acquisition to close in Q3 2026, subject to approvals, and completed it on October 6, 2026. The trajectory is delivering with the transaction closed as planned. Delivery assessment Oct 31, 2026 |
Achieve about $30 billion revenue in 2026 | Revenue should reach about $30 billion in 2026. | Intact | Revenue falls below $28 billion in 2026 | Revenue: $6.913B FY2026-Q2; GAAP. Published target: Revenue >= $30 billion in 2026. Target period ends 2026-12-31; this observation covers 2026-Q2. Aug 4, 20266,913,000,000 USD · source valueLast status assessment Oct 31, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 3 quarters including 2025-Q3, 2026-Q1, and 2026-Q2. Management reaffirmed $30 billion revenue and $3.8 billion adjusted EBITDA guidance for 2026. Revenue grew from $6.85B in 2025-Q3 to $7.35B in 2026-Q1, showing modest growth. The trajectory is on track with guidance reaffirmed and revenue stable. Delivery assessment Oct 31, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.89 → $0.78 · observed estimates
$30.36B → $30.56B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.89 | $30,359,767,660 | 15 / 18 |
| 2026-07-25 | $0.82 | $30,370,352,145 | 12 / 14 |
| 2026-07-26 | $0.89 | $30,359,767,660 | 15 / 18 |
| 2026-07-27 | $0.89 | $30,359,767,660 | 15 / 18 |
| 2026-07-28 | $0.89 | $30,359,767,660 | 15 / 18 |
| 2026-07-29 | $0.89 | $30,359,767,660 | 15 / 18 |
| 2026-07-30 | $0.82 | $30,370,335,889 | 12 / 14 |
| 2026-07-31 | $0.90 | $30,354,934,330 | 16 / 18 |
| 2026-08-01 | $0.83 | $30,365,502,556 | 12 / 14 |
| 2026-08-02 | $0.90 | $30,349,459,880 | 16 / 17 |
| 2026-08-03 | $0.83 | $30,365,502,556 | 12 / 14 |
| 2026-08-04 | $0.90 | $30,349,459,880 | 16 / 17 |
| 2026-08-05 | $0.80 | $30,365,502,556 | 12 / 14 |
| 2026-08-06 | $0.80 | $30,365,502,556 | 12 / 14 |
| 2026-08-07 | $0.81 | $30,486,383,550 | 12 / 14 |
| 2026-08-08 | $0.81 | $30,486,383,550 | 12 / 14 |
| 2026-08-09 | $0.86 | $30,467,767,950 | 18 / 19 |
| 2026-08-10 | $0.81 | $30,486,383,550 | 12 / 14 |
| 2026-08-12 | $0.81 | $30,486,383,550 | 12 / 14 |
| 2026-08-13 | $0.81 | $30,486,383,550 | 12 / 14 |
| 2026-08-14 | $0.81 | $30,486,383,550 | 12 / 14 |
| 2026-08-15 | $0.81 | $30,486,383,550 | 13 / 15 |
| 2026-08-16 | $0.81 | $30,486,383,550 | 13 / 15 |
| 2026-08-17 | $0.81 | $30,486,383,550 | 13 / 15 |
| 2026-08-18 | $0.81 | $30,486,383,550 | 13 / 15 |
| 2026-08-19 | $0.81 | $30,486,383,550 | 13 / 15 |
| 2026-08-20 | $0.82 | $30,514,324,268 | 12 / 15 |
| 2026-08-21 | $0.82 | $30,514,324,268 | 12 / 15 |
| 2026-08-22 | $0.82 | $30,514,324,268 | 12 / 15 |
| 2026-08-23 | $0.82 | $30,514,324,268 | 12 / 15 |
| 2026-08-24 | $0.82 | $30,514,324,268 | 12 / 15 |
| 2026-08-25 | $0.82 | $30,508,192,909 | 13 / 15 |
| 2026-08-26 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-08-27 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-08-28 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-08-29 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-08-30 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-08-31 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-01 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-02 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-03 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-04 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-05 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-06 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-07 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-08 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-09 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-10 | $0.82 | $30,508,192,909 | 13 / 16 |
| 2026-09-11 | $0.82 | $30,508,192,909 | 12 / 16 |
| 2026-09-12 | $0.82 | $30,508,192,909 | 12 / 16 |
| 2026-09-13 | $0.82 | $30,508,192,909 | 12 / 16 |
| 2026-09-14 | $0.82 | $30,508,192,909 | 12 / 16 |
| 2026-09-15 | $0.82 | $30,508,192,909 | 12 / 16 |
| 2026-09-16 | $0.82 | $30,508,192,909 | 12 / 16 |
| 2026-09-17 | $0.82 | $30,508,192,909 | 12 / 16 |
| 2026-09-18 | $0.82 | $30,508,192,909 | 12 / 16 |
| 2026-09-19 | $0.82 | $30,508,192,909 | 12 / 16 |
| 2026-09-20 | $0.82 | $30,508,194,815 | 12 / 16 |
| 2026-09-21 | $0.82 | $30,508,194,815 | 12 / 16 |
| 2026-09-22 | $0.82 | $30,508,194,815 | 12 / 16 |
| 2026-09-23 | $0.82 | $30,508,194,815 | 12 / 16 |
| 2026-09-24 | $0.82 | $30,508,194,815 | 12 / 16 |
| 2026-09-25 | $0.82 | $30,508,194,815 | 12 / 16 |
| 2026-09-26 | $0.78 | $30,559,983,415 | 12 / 15 |
| 2026-09-27 | $0.78 | $30,559,983,415 | 12 / 15 |
| 2026-09-28 | $0.78 | $30,559,983,415 | 12 / 15 |
| 2026-09-29 | $0.78 | $30,559,983,415 | 12 / 15 |
| 2026-09-30 | $0.78 | $30,559,983,415 | 12 / 15 |
| 2026-10-01 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-02 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-03 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-04 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-05 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-06 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-07 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-08 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-09 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-10 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-11 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-12 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-13 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-14 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-15 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-16 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-17 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-18 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-19 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-20 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-21 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-22 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-23 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-24 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-25 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-26 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-27 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-28 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-29 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-30 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-10-31 | $0.78 | $30,559,983,415 | 11 / 15 |
| 2026-11-01 | $0.78 | $30,559,983,415 | 11 / 15 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 4 Buy / Strong Buy · 9 Hold · 9 Sell / Strong Sell
Recent actions · Oct 3–Nov 1 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 3, 2026–Nov 1, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.