Barclays Cuts Paramount Skydance (PSKY) Price Target to $7

Barclays has reaffirmed its Underweight rating for Paramount Skydance with a lowered price target, a 31.44% downside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 2:31 PM EDT

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Barclays cut its price target on Paramount Skydance Corporation ($PSKY) to $7 from $8 on October 7, 2026, and rates the stock "Underweight".

Since the rating, $PSKY is down 20.6% after 1 week and down 18.3% to date (from the $8.89 close on Oct 7, 2026).

PSKY Paramount Skydance Corporation

$7.26 -32.90% past month

1M Daily close · Oct 15, 2026

Key Points

On October 7, 2026, Barclays reiterated its Underweight rating on Paramount Skydance Corporation with a price target of $7.00, down from $8.00.
Barclays's $7 price target implies 31.44% downside from Paramount Skydance Corporation's ($PSKY) current $10.21 share price.
Paramount Skydance's shares closed at $10.21 prior to this announcement, well above the new target price.
The average target price among analysts for Paramount Skydance is currently $9.86, reflecting a mixed outlook on the stock.

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Barclays has reiterated its Underweight rating on Paramount Skydance Corporation (PSKY) with a new price target of $7.00, reduced from $8.00. This update was published on October 7, 2026, and reflects Barclays' cautious stance on the stock's performance.

Analyst rating track record

Barclays vs. the S&P 500

YTD return -0.14% hypothetical

All-time return -0.14% S&P 500 +0.30%

vs. S&P 500 -0.44% behind the index

Hypothetical returns from Barclays's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Paramount Skydance Corporation

Lingotto Investment Management LLP holds 46,061,363 shares of Paramount Skydance, valued at about $450.2 million. State Street Corporation has reduced its stake by 6,804,000 shares, leaving it with 27,438,574 shares worth approximately $268.2 million. UBS Group AG increased its holdings by 6,180,321 shares, totaling 26,357,669 shares valued at around $257.6 million. Invesco Ltd. added 339,634 shares, bringing its total to 23,925,293 shares worth about $233.9 million. Vanguard Capital Management LLC also increased its position by 2,126,492 shares, ending with 22,436,823 shares valued at approximately $219.3 million.

Paramount Skydance Corporation Stock Snapshot

As of the latest trading session, Paramount Skydance shares closed at $10.21, which is significantly above the new target price of $7.00 set by Barclays. The stock has traded between $7.62 and $20.86 over the past year, indicating a decline from its highs. The current price is also above the 50-day moving average of $9.71, suggesting some recent strength in the stock.

12-month forecast

$PSKY price target

Paramount Skydance Corporation daily closes and this analyst's $7 target. Not advice.

Recent Earnings

In its most recent earnings report, Paramount Skydance posted revenues of approximately $29.1 billion, reflecting a growth rate of 0.9%. The company reported earnings per share (EPS) of $0.03, but it experienced a net margin of -2.1%. The next earnings report is scheduled for November 9, 2026.

Analysts Set New Price Targets

On October 12, 2026, StoneX maintained a Buy rating on Paramount Skydance with a price target of $11.00, down from $16.00. Citizens reiterated its Market Outperform rating on September 22, 2026, with a price target of $14.00. Morgan Stanley also maintained its Overweight rating, increasing its target to $11.50 from $10.00 on the same date.

About Paramount Skydance Corporation

Paramount Skydance Corporation operates as a global media and entertainment company. It focuses on three main segments: Studios, Direct-to-Consumer, and TV Media. The company is headquartered in New York and employs around 17,600 people. It plays a significant role in the entertainment industry, producing films and television content across various platforms.

Bottom Line

As analysts continue to adjust their ratings and price targets, investors should monitor Paramount Skydance's upcoming earnings report on November 9, 2026. The recent 13F filings reflect past holdings and may not represent current positions, so further updates from analysts will be key to understanding the stock's trajectory.