Paramount Skydance Corporation (PSKY) earnings on May 4, 2026

After the market closes Q1 2026

More Paramount Skydance Corporation earnings

Prior outlook: Pessimistic Outcome: Accurate

The stock dropped significantly, falling more than 4% on the day after being down as much as 8.6% earlier. Negative sentiment dominated despite low expectations.

PSKY price around the earnings

10.65

Change: -4.3%

2026-05-05, 19:59 UTC

Start of the measured window
10.21 10.59 10.97 11.35 11.13
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)
May 4, 2026 May 5, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published

High risk: Rally fragile, fundamentals weak.

Despite a recent price increase, analysts are cautious, and the company has a poor history of meeting earnings expectations, making the current rally seem fragile.

Context analyzed before publication

Summary
High risk: Rally fragile, fundamentals weak.
Playbook
Given the weak earnings history and analyst concerns, the scenario suggests caution until there is clearer positive development.
Trend
Outlook deteriorating over past two sessions.

Analysts

Drivers

  • Analysts Negative

    Analysts generally recommend holding the stock, and recent ratings have been cautious, suggesting a limited optimistic scenario.

Evidence

Analyst consensus
Hold
Consensus average (1-5)
3.45
Analysts covering the stock
15
Average price target
12.93
Lowest price target
8
Highest price target
20
Upside to price target
11.4%
Revenue growth
2.1%
Forward EPS
0.94
Trailing EPS
0.03
Analyst moves in the last 60 days
4
  • Strong buy: 1
  • Buy: 1
  • Hold: 11
  • Sell: 5
  • Strong sell: 2
Strong buy
1
Buy
1
Hold
11
Sell
5
Strong sell
2
  • April 2, 2026 · Wells Fargo: Maintains rating (Underweight → Underweight)
  • March 10, 2026 · B of A Securities: Maintains rating (Underperform → Underperform)
  • March 3, 2026 · Guggenheim: Maintains rating (Neutral → Neutral)
  • February 26, 2026 · TD Cowen: Maintains rating (Hold → Hold)

News and sentiment

Drivers

  • News & sentiment Negative

    Online sentiment is highly positive, but this is occurring on low market review volume and without a clear company-specific reason.

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (6)
  • David Ellison Defends Paramount-Warner Bros Deal, Says Hollywood Film Output Won't Suffer — 'Long Live The Movies' — Benzinga
  • Warner Bros Discovery Says On April 2, Donna Nicosia V. Samuel Di Piazza, Jr. Et Al., Complaint Filed In Supreme Court Of State Of NY; Alleges Negligence Claims & Negligent Misrepresentation For Disseminating Allegedly False & Misleading Proxy Statement; Denies Allegations In Complaint & Demand Letters & Believes Claims Asserted In Complaint & Demand Letters Are Without Merit; Complaint Seeks Corrective Disclosure To Proxy Statement, To Enjoin And/Or Rescind WBD Stockholder Vote On Paramount Skydance Deal — Benzinga
  • Live On CNBC, FCC Chairman Carr On Paramount's Deal For Warner Bros Says May Be Some Issues With Investment Of Foreign Debt That We Would Look At — Benzinga
  • Live On CNBC, FCC Chairman Carr Says We'll Probably Have A Minor Role In The Most Recent Paramount Deal — Benzinga
  • Ross Gerber Rips $24 Billion Saudi-Funded Hollywood Push, Questions Paramount Skydance–Warner Bros. Discovery Megamerger — Benzinga
  • Hollywood Creators Urge Regulators To 'Block' Paramount-Warner Bros Deal—PSKY Responds — Benzinga

Technicals

Drivers

  • Technical Positive

    The stock has shown strong price increases over the last 14 and 30 days, outperforming the broader market (SPY).

Evidence

Average true range (ATR)
3.8%
Distance to 52-week high
-44.3%
14-day change (14d)
+25.8%
30-day change
+12.2%
30-day relative strength
+8.4%
Benchmark change
+3.8%
Nearest support
8.62
Nearest resistance
11.97
Volume accumulation ratio
1.06

Trends

Drivers

  • Macro & trends Negative

    The company has consistently missed earnings expectations in the past, often by significant margins, indicating underlying business weakness.

Evidence

Average earnings surprise
-430.9%
  • February 25, 2026: actual EPS -0.12 vs estimate -0.01 (surprise -732.2%)
  • November 10, 2025: actual EPS -0.12 vs estimate 0.41 (surprise -129.6%)

Monitoring and close

What Paramount Skydance Corporation reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Accurate
Consolidated
-4.3%
Max favorable move (MFE)
8.6%
Max adverse move (MAE)
1.6%