Paramount's 2026 Guide is Achievable; M&A Still a Wildcard -- Market Talk

Dow Jones
2025/11/11

0759 ET - Paramount Skydance's stronger-than-expected 2026 guide "has to be something management feels they should have no problem achieving," Benchmark analyst Daniel Kurnos says in a research note. The company, which recently announced layoffs and raised its cost-cutting target to at least $3 billion, can likely find additional savings to make its outlook more achievable. "The wildcard, of course, remains major media M&A, which is no longer as priced into the stock as it was a month ago and which we think still has a reasonable chance of occurring," Kurnos says. Paramount Skydance climbs 4% premarket. (connor.hart@wsj.com)

(END) Dow Jones Newswires

November 11, 2025 07:59 ET (12:59 GMT)

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