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ViacomCBS Inc. (VIACA)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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45.39+1.50 (+3.42%)
At close: 4:00PM EST
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  • b
    bobp
    Today, Needham goes from $36 to $55, while two days ago Barclays double downgrades to sell, and moves price target from $36 to $35.
    If Barclays needed to cover any shorts, they picked up a buck or two, and that's it.

    We still have a long runway for the reopening post covid trade, and VIAC will have a long time to grind up to a much higher P/E of high teens.
    Bullish
  • G
    Gerry
    CNBC Halftime show Jon Najarian had VIAC on his "Unusual Activity" section. Says the options traders are buying the March 50 calls in BIG numbers. Shorts are not gonna like that.
  • b
    bobp
    That Barclays double downgrade also included a lowered price target from $36 to $35.

    No matter. Every other firm continues to raise price targets.

    There were several downgrades to neutral in December, but enough buy ratings with price targets raised in January to outweigh.

    VIAC is still a 2021 recovery play for advertising and the reopening in the film/media production industry.

    Multiples can easily trend higher as we move along in 2021.
    Bullish
  • N
    Nader
    I rarely average up but I just did. This stock is too tempting. So undervalued and so much potential.
  • G
    Gerry
    1/19/2021---Stephanie Link on the CNBC Halftime show just said she is buying VIAC even with the Barclay's downgrade. She's a smart lady........do not sell your shares. Barclay is trying to shake you out for the benefit of their clients.
  • t
    trashedback
    VIAC is so undervalued it's a scary thing.....long term hold for massive gain......:)
    Bullish
  • N
    Nader
    CNBC shows over 6.5 million shares have been traded after hours.
  • T
    Totally
    I'm so happy I rolled my Jan 2022 $22.50 calls into $40 calls during the Barclay's double downgrade. Cashed out those $22.50's for 180% profit, too
  • B
    Brett
    The hate continues. Meanwhile NFLX can add the market cap equivalent of all of VIAC in a single afterhours trading session. Seems reasonable to me that 2 companies with very similar sales and profits would have one valued at 10x the other. Well VIAC is punished some for having so much FCF. Even with the debt which is dropping every quarter, NFLX is not 10x VIAC.
  • S
    Samsonvs
    My LG TV in Europe updated yesterday and Pluto is finally available for download. Ran app but still says coming soon. Guessing any day now. The bait is out which in turn will equal more subs for Pluto as well as Paramount+
    Bullish
  • W
    WADES
    My point in previous post, is that if Paramount+ grew as rapidly as Netflix, the market isn’t going to reward it with a high valuation aka Netflix because it is part of a larger company.
    So if VIAC wants to realize Paramount+ value, its needs to make the company trade in the public markets on its own.

    Give the market what it wants to buy, not what you want to sell it!
  • J
    Joseph
    Hey Yahoo/Viacom, is it now "safe" to open up the comments boards for "news" articles or are there too many differing opinions still lurking out there?
  • G
    Gerry
    Hope not too many of you got caught by the Barclay downgrade.....it was them scamming folks. Should be against the law but it isn't. Their job is to make money, there no ethics involved. That's why I say...."NEVER trust the analyst".
  • B
    Brett
    114M shares short. Barclays doing what they need to do because that is a lot short covering that needs to take place.
  • T
    Totally
    Fighting it's way back up. Whether it's today or tomorrow doesn't matter, stock is still way undervalued.
  • N
    Nader
    Beautiful opportunity here. If it hits 41 (which I think it will based on the RSI level), I'm buying LEAPS.
  • b
    bobp
    Barclays downgraded on the basis of streaming valuation as compared to valuation of Netflix.

    That's fine, but we still look at the potential multiple for EPS for the entire VIAC/CBS company, as a recovery reopening investment.

    VIAC/CBS content is worth much more than a 12 P/E.
    Bullish
  • E
    Eyal
    Well, if 200 million members equal to a $200 billion valuation, when the company will hit 40 million subscribers (q1 2023 hopefully), it will AT LEAST double (there is Pluto tv on top of that)
  • J
    Joao
    Analysts price target is being raised very subtly!!! It was locked in the 36$ for a long time.
    They started to raise it as soon they saw the stock going up. It was on 45$ last week. Today it is on 50$. Lets see it this/nest week!!!
  • W
    WADES
    VIAC needs to sell 10-20% of Paramount + to the public. The growth of subscribers would give it a better valuation aka Netflix.
    Now it is just a small potion of a large corporation.
    If Netflix were part of VIAC their revenue would be LESS THAN 50% of the combine company.
    Yet their current market value is more than 8 TIMES VIAC current value.
    By keeping Paramount+ growth hidden, it hurts the valuation of the company.

    Offer investors what they want to buy, not what you want to sell them!