Analysts Issue Sell Ratings on Paramount Skydance (PSKY) Stock Post-Merger
Wall Street analysts remain bearish on Paramount Skydance (PSKY) despite its high-profile merger completion. Morgan Stanley's Benjamin Swinburne reiterated a Sell rating, slashing the price target to $10—a 31.9% downside—citing revised post-merger forecasts and adjusted OIBDA projections. Bernstein's Laurent Yoon echoed skepticism, maintaining a Sell rating with an $11 target, questioning PSKY's competitive edge in streaming against giants like Disney and Netflix.
The $15 per-share cash tender and $7.7B UFC streaming deal failed to sway analysts, who see structural challenges in scaling the merged entity. Streaming rivals continue to dominate investor confidence, leaving PSKY's growth trajectory in doubt.