Paramount Skydance Corp. (NASDAQ:PSKY) has seen its Benzinga Edge value score climb to the 88.93th percentile, signaling the stock is increasingly underpriced even as it secures its position as the winning bidder for Warner Bros. Discovery (NASDAQ:WBD).
Rising Value Amidst Price Headwinds
This week-on-week rise comes as the WBD board officially designated PSKY’s offer a “superior proposal,” prompting rival Netflix Inc. (NASDAQ:NFLX) to abandon its $82.7 billion pursuit.
However, the rising value rank to the 88.93th percentile indicates that the stock is increasingly attractive relative to its fundamental assets and earnings.
This high percentile ranking suggests that while market sentiment is currently bearish, the company’s relative worth is significantly higher than its current market price.
While the fundamental value is high, technical indicators remain cautious for PSKY. Benzinga Edge’s Stock Rankings‘ price trend analysis currently shows negative signals across short, medium, and long-term horizons.
The Winning ‘Superior Proposal’
The takeover battle reached a decisive turning point on Thursday when Netflix co-CEOs Ted Sarandos and Greg Peters announced they would not match the higher price offered by Paramount Skydance.
The WBD board had previously labeled the PSKY bid—which includes a $31 per share cash price and a $7 billion regulatory termination fee—as a “Company Superior Proposal”. Netflix shares climbed nearly 10% on the news as the company prioritized “financial discipline” over a costly bidding war.
PSKY Remains Negative In 2026
Despite securing the deal, PSKY’s market performance remains under pressure, with the stock down 15.17% year-to-date and 24.51% in the last six months.
On Thursday, the stock closed 10.04% higher at $11.18 apiece, and it was up 8.41% in premarket on Friday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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