$16.91 PARAA Paramount Global NASDAQ pre-market 23 Jan 2026: Oversold bounce, watch $23.00 upside
PARAA stock opens pre-market at $16.91 on NASDAQ in the United States after a -5.37% move from the prior close. The price sits near the 52-week low of $16.70 on elevated volume 406,723.00, suggesting short-term selling pressure may be exhausted. For traders using an oversold-bounce strategy, Paramount Global (PARAA) shows a clear technical setup while fundamentals and cash flow metrics offer mixed support. We examine valuation, risk, and a practical entry plan for a measured bounce trade
PARAA stock technical snapshot
Price is $16.91 with intraday range $16.91–$16.91 and rel. volume 9.35. RSI is reported near zero in the feed, while ADX reads 50.00, indicating a strong trend. Short-term indicators show aggressive selling; average volume 43,498.00 vs actual 406,723.00 confirms an outsized move that can fuel an oversold bounce
PARAA stock oversold bounce rationale
The immediate setup fits an oversold bounce: price is below the 50-day average $22.42 and 200-day average $22.51, creating mean-reversion scope. Heavy intraday volume often precedes a relief rally as short-term sellers cover. Traders can look for a confirmed pullback to $18.50–$19.50 as a conservative entry, with tight stops under $16.70
PARAA stock fundamentals and valuation
Paramount Global shows mixed fundamentals. EPS is 0.03 and reported PE is 563.67, reflecting a tiny EPS base. Price-to-sales is 0.27 and price-to-book is 0.68, implying the market values the company cheaply on revenue and book metrics despite weak net income. Free cash flow yield sits near 6.60%, supporting a valuation floor for bounce trades
PARAA stock Meyka AI grade and ratings
Meyka AI rates PARAA with a score out of 100: 60.09 / 100, Grade B, Suggestion: HOLD. This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst consensus. The company rating feed also shows a separate C- score and a strong sell recommendation on some DCF and ROE metrics, so investors should weigh these conflicting signals
PARAA stock outlook and forecast
Meyka AI’s forecast model projects a 12-month level of $23.00, implying 36.04% upside from $16.91. Three-year and five-year model points are $26.37 and $29.61, respectively, implying longer-term upside if secular recovery resumes. Forecasts are model-based projections and not guarantees
PARAA stock trading strategy and risks
For oversold-bounce trades use scaled entries and strict risk limits. Consider buying a 25% position at $17.50–$18.50, add at $16.90 only with evidence of selling exhaustion, and target partial profits near $23.00. Key risks: leverage in the entertainment sector, interest coverage 1.65, and net-debt-to-EBITDA near 7.35, which can amplify downside on industry shocks
Final Thoughts
PARAA stock is a tactical oversold-bounce candidate in the pre-market session at $16.91 on NASDAQ in the United States. The setup pairs cheap revenue and book multiples with a fragile earnings profile—EPS 0.03, trailing PE 563.67—and heavy short-term volume 406,723.00. Meyka AI’s forecast model projects $23.00, a 36.04% implied upside versus today’s price, but the company carries leverage and mixed profitability metrics. For active traders we recommend scaled, disciplined entries, tight stops near the 52-week low $16.70, and profit trimming at model resistance near $23.00. Long-term investors should weigh cash flow strength and debt metrics before adding exposure. Meyka AI provides this as AI-powered market analysis and not investment advice. For the latest company developments and trading flow, see the MarketBeat update and related quotes on CNBC and our Meyka PARAA page
FAQs
Is PARAA stock a buy after this drop?
PARAA stock may be a tactical buy for short-term oversold bounces, but the firm’s EPS 0.03 and leverage require disciplined sizing. Consider scaled entries and stops below $16.70
What is the short-term target for PARAA stock?
Meyka AI’s near-term model target is $23.00, implying 36.04% upside from $16.91. Traders should take partial profits along the way and monitor volume
What key risks affect PARAA stock?
Main risks include weak net income, interest coverage 1.65, net-debt-to-EBITDA 7.35, and sector volatility in Communication Services. These can negate a bounce
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
