PARAA $16.91 pre-market on NASDAQ 20 Jan 2026: Paramount Global oversold bounce
PARAA stock opened pre-market at $16.91, down -5.37% on heavy activity, setting a classic oversold bounce setup for traders. Volume jumped to 406,723.00 versus an average 43,498.00, signaling fast selling then potential short-covering. On the NASDAQ in the United States, Paramount Global faces valuation and cash-flow questions but shows short-term bounce potential. Meyka AI provides this data-led pre-market read to flag entry points and clear risk levels for active traders.
Quick price snapshot and market context
Price is $16.91 with a prior close of $17.87. Day range is $16.91 to $16.91. Market cap stands at USD 7,682,364,919.00. The 52-week range is $16.70 to $24.50, and the 50-day average is $22.42. Relative volume at 9.35 shows outsized pre-market trade. This snapshot frames the oversold bounce trade idea.
Why the pullback matters and the oversold bounce thesis
The stock moved lower on liquidity and negative sentiment, not a fresh earnings miss. EPS is 0.03 and reported PE reads 563.67, which inflates downside perception. Rapid volume and large gap to the 50-day mean make a short-term oversold bounce likely. Traders can target a mean-reversion rally into $19.00 to $21.00 if momentum and volume normalize.
PARAA stock financials and valuation check
Paramount Global shows mixed fundamentals. Revenue per share is 42.60 and book value per share is 25.35. Price-to-sales is 0.27 and price-to-book is 0.68, suggesting value if cash flows hold. Free cash flow yield is 6.60% and debt-to-equity is 0.93, which raises leverage risk. These metrics explain why longer-term investors remain cautious despite a bounce setup.
PARAA stock technical outlook and Meyka grade
Technicals show an ADX at 50.00, indicating a strong trend and an ATR of 1.12 for expected volatility. Short-term mean reversion could push price toward the 20-day band near $19.00. Meyka AI rates PARAA with a score out of 100: 60.14 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 comparison, sector performance, growth, key metrics, and analyst consensus.
Meyka AI forecast and realistic price targets
Meyka AI’s forecast model projects USD 23.00 in one year, USD 26.37 in three years, and USD 29.61 in five years. Versus the current $16.91, the one-year implied upside is 36.00%. Forecasts are model-based projections and not guarantees. Short-term tactical targets for an oversold bounce: $18.50 initial, then $19.75 to $21.00 if momentum confirms.
Trade plan, risks, and sector context
For an oversold bounce, use tight risk controls. Consider entries at $16.50–$17.25 with a stop under $16.00. Target quick profit taking near $19.00 to $21.00 and cut losses if trend resumes downward. Communication Services sector weakness can limit rallies. Watch headlines and liquidity: large volume spikes often precede volatile moves. See related news at MarketBeat PARA news and Paramount coverage on Fortune.
Final Thoughts
Key takeaway: PARAA stock trades at $16.91 pre-market on NASDAQ and shows an oversold bounce setup after a heavy sell wave. Short-term traders may target $18.50 to $21.00 for a mean-reversion move while using strict stops under $16.00. Meyka AI’s forecast model projects USD 23.00 in one year, an implied upside of 36.00% versus today’s price. That upside reflects model assumptions about subscriber growth, advertising recovery, and margin stabilization. Remember, the Meyka grade is 60.14 (B, HOLD) and factors in sector and financial performance. Forecasts are model-based projections and not guarantees. Use position sizing and watch sector headlines and volume for confirmation. For an internal data view, see our platform at Meyka stock page for PARAA.
FAQs
Is PARAA stock a buy after this pre-market drop?
PARAA stock shows a short-term bounce setup, but fundamental risks remain. Traders can consider small entries with stops under $16.00. Longer-term investors should review cash flow and debt metrics before buying.
What are realistic short-term targets for PARAA stock?
For an oversold bounce, expect an initial rally to $18.50 and a stretch target near $19.75 to $21.00. Take profits on strong intraday volume or resistance tests.
How does Meyka AI rate PARAA stock and why?
Meyka AI rates PARAA with a score out of 100: 60.14, Grade B, Suggestion HOLD. The grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus.
What is Meyka AI’s forecast for PARAA stock?
Meyka AI’s forecast model projects USD 23.00 in one year, implying about 36.00% upside from USD 16.91. Forecasts are projections and not guarantees; monitor catalysts and earnings.
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.
