Skydance (NYSE:SKYD) Stock Gets Price Target Reduction from Citizens Jmp

Skydance (NYSE:SKYD) had its price objective cut by Citizens Jmp from $14.00 to $13.00 in a report published on Tuesday,Benzinga reports. They currently have a market outperform rating on the media and entertainment company’s stock.

Other equities research analysts also recently issued research reports about the company. Barclays set a $7.00 price target on Skydance and gave the stock an “underweight” rating in a research report on Wednesday, October 7th. UBS Group dropped their price objective on Skydance from $5.00 to $4.00 and set a “sell” rating for the company in a report on Wednesday, August 5th. Roth Capital started coverage on Skydance in a research report on Friday, October 23rd. They set a “buy” rating for the company. Cantor Fitzgerald assumed coverage on Skydance in a research report on Friday, October 23rd. They set an “overweight” rating for the company. Finally, TD Cowen reduced their target price on Skydance from $6.50 to $4.00 and set a “hold” rating on the stock in a report on Wednesday, August 5th. Ten analysts have rated the stock with a Buy rating, six have given a Hold rating and seven have given a Sell rating to the company. Based on data from MarketBeat.com, Skydance presently has a consensus rating of “Hold” and an average target price of $6.70.

Skydance Stock Down 3.9%

SKYD opened at $7.59 on Tuesday. The stock has a fifty day moving average of $6.89 and a 200-day moving average of $5.55. The company has a market capitalization of $8.52 billion, a P/E ratio of 10.68, a P/E/G ratio of 5.90 and a beta of 1.64. Skydance has a fifty-two week low of $6.61 and a fifty-two week high of $16.31. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.88 and a current ratio of 1.10.

Skydance (NYSE:SKYD) last released its quarterly earnings results on Monday, November 9th. The media and entertainment company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.18 by $0.27. Skydance had a negative net margin of 0.99% and a positive return on equity of 6.55%. The business had revenue of $7.03 billion for the quarter, compared to the consensus estimate of $7.07 billion. On average, equities analysts expect that Skydance will post 0.09 EPS for the current year.

Hedge Funds Weigh In On Skydance

Several hedge funds and other institutional investors have recently modified their holdings of the business. MTCO Ltd. boosted its stake in Skydance by 21.4% in the second quarter. MTCO Ltd. now owns 7,650,000 shares of the media and entertainment company’s stock valued at $75,429,000 after buying an additional 1,350,000 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Skydance by 126.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,970,920 shares of the media and entertainment company’s stock valued at $35,812,000 after purchasing an additional 2,216,433 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Skydance during the 2nd quarter valued at approximately $14,002,000. Palestra Capital Management LLC acquired a new position in Skydance during the 2nd quarter worth approximately $12,798,000. Finally, Amundi increased its position in Skydance by 27.2% during the 1st quarter. Amundi now owns 1,149,109 shares of the media and entertainment company’s stock worth $10,365,000 after purchasing an additional 245,556 shares in the last quarter. Institutional investors own 73.00% of the company’s stock.

Latest Skydance News

Here’s some of the latest news about SKYD:

• Positive Sentiment: Skydance is targeting $6 billion in annualized synergies within three years and plans to launch a Paramount+ and HBO Max bundle in early 2027. Achieving the savings could improve profitability, though execution will be key. Article: Skydance: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: A JAKKS Pacific agreement will create global toy products tied to Paramount’s K-Pop: The Debut, providing a licensing opportunity beyond the film itself. Article: Skydance and JAKKS Pacific Strike Global Master Toy Agreement
• Negative Sentiment: Reports say Skydance is considering real-estate cuts and consolidation as part of its savings drive. Separately, Marvel 1943: Rise of Hydra is reportedly over budget and scaled back, despite assurances it has not been canceled—both point to integration and execution risks. Article: Skydance eyes real-estate cuts Article: Marvel 1943 reports

About Skydance

Skydance Corporation is a global media and entertainment company formerly known as Paramount Skydance Corporation. Paramount Skydance was formed in 2025 through the combination of Paramount Global and Skydance Media. In October 2026, the company completed its acquisition of Warner Bros. Discovery and changed its name to Skydance Corporation. The company’s portfolio includes Paramount Pictures, Warner Bros. Pictures, CBS, HBO, HBO Max, Paramount+, Pluto TV, CNN, Discovery, HGTV, Food Network, TLC, TNT Sports and a broad range of cable and international television networks.