Paramount Skydance Falls as New Bearish Coverage Adds to Merger-Delay Concerns

Paramount Skydance Corporation (PSKY) is down 4.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be fresh bearish analyst coverage that highlighted leverage, restructuring, and execution risks tied to Paramount Skydance’s planned Warner Bros. Discovery combination. Ongoing legal delays around that deal may also be weighing on sentiment by keeping the closing timeline uncertain.

Details:

Barclays initiated coverage on September 17, 2026 with an Underweight rating and an $8 price target, signaling a cautious view on the stock.

The note focused on deleveraging and restructuring risk in the proposed merger, which can pressure shares when investors are already debating the combined company’s balance sheet.

Paramount has said all required regulatory clearances for the Warner Bros. Discovery acquisition have been satisfied, but the transaction remains delayed by a lawsuit from a coalition of 12 state attorneys general.

On September 16, a court ordered Paramount and California Attorney General Rob Bonta into settlement talks, underscoring that the legal overhang is still unresolved.

Sources:

Barclays, Paramount, Office of the New York Attorney General, Los Angeles Times

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$PSKY Hedge Fund Activity

We have seen 280 institutional investors add shares of $PSKY stock to their portfolio, and 304 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PENTWATER CAPITAL MANAGEMENT LP added 8,549,500 shares (+247.8%) to their portfolio in Q2 2026, for an estimated $84,298,070
CONTRARIUS GROUP HOLDINGS LTD removed 6,939,416 shares (-87.6%) from their portfolio in Q2 2026, for an estimated $68,422,641
STATE STREET CORP removed 6,802,349 shares (-19.9%) from their portfolio in Q2 2026, for an estimated $67,071,161
UBS GROUP AG added 6,180,844 shares (+30.6%) to their portfolio in Q2 2026, for an estimated $60,943,121
SUSQUEHANNA INTERNATIONAL GROUP, LLP added 4,873,841 shares (+266.5%) to their portfolio in Q2 2026, for an estimated $48,056,072
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 4,715,572 shares (+inf%) to their portfolio in Q2 2026, for an estimated $46,495,539
CITADEL ADVISORS LLC added 4,699,735 shares (+316.6%) to their portfolio in Q1 2026, for an estimated $42,391,609

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$PSKY Congressional Stock Trading

Members of Congress have traded $PSKY stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $PSKY stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 07/17, 05/15.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$PSKY Analyst Ratings

Wall Street analysts have issued reports on $PSKY in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Morgan Stanley issued a "Overweight" rating on 05/01/2026

To track analyst ratings and price targets for $PSKY, check out Quiver Quantitative's $PSKY forecast page.

$PSKY Price Targets

Multiple analysts have issued price targets for $PSKY recently. We have seen 3 analysts offer price targets for $PSKY in the last 6 months, with a median target of $12.0.

Here are some recent targets:

Steven Cahall from Wells Fargo set a target price of $7.0 on 05/05/2026
Michael Morris from Guggenheim set a target price of $12.0 on 05/05/2026
Benjamin Swinburne from Morgan Stanley set a target price of $14.0 on 05/01/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.