StoneX cuts target for Skydance stock from USD 16.00 to USD 11.00

Published on 10/13/2026 at 12:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Skydance distributed 471.30 million warrants at a USD 12.00 strike. Skydance stock costs EUR 8.20 on October 13, 2026 versus EUR 8.12 bid.

StoneX cut its Skydance price target from USD 16.00 to USD 11.00 on October 12, 2026, while keeping a Buy rating.
Skydance distributed 471.30 million warrants with a USD 12.00 exercise price on October 13, 2026.
Second-quarter 2026 revenue was USD 6.91 billion and diluted earnings per share were USD 0.04.
The Lang & Schwarz quote was EUR 8.20 on October 13, 2026 at 12:34 p.m. CEST.

Paramount Skydance, US69932A2042, Illustration mit AI erstellt.

Skydance (ISIN US69932A2042) was trading at EUR 8.20 at Lang & Schwarz on October 13, 2026 at 12:34 p.m. CEST. On October 12, 2026, StoneX analyst Daniel Kurnos cut the price target from USD 16.00 to USD 11.00 while keeping a Buy rating, according to Markets Insider.

Three events reshape Skydance

On August 4, 2026, Skydance reported second-quarter revenue of USD 6.91 billion and diluted earnings per share of USD 0.04, according to Yahoo Finance. On October 6, 2026, the company completed the Warner Bros. Discovery acquisition and set a target of at least USD 6.00 billion in run-rate synergies within three years, according to Skydance. On October 13, 2026, the company distributed 471.30 million warrants, each carrying a USD 12.00 exercise price, according to Variety.

What the warrant issue means for leverage

The warrants give eligible Class B holders the right to buy additional Skydance shares at USD 12.00 for up to 10 years. The potential share count is material: the 471.30 million warrants compare with 1,093.02 million Class B shares outstanding as of October 2, 2026, according to Variety.

The balance between scale and debt remains central to the new company. Second-quarter 2026 adjusted earnings before interest, taxes, depreciation and amortization rose 27.30 percent year over year to USD 1.10 billion, while the adjusted margin reached 15.90 percent, according to Yahoo Finance. The same report said management is targeting more than USD 10.00 billion in free cash flow by 2030, placing execution and debt reduction alongside the merger synergies.

Next reporting date is November 16

Skydance is scheduled to report third-quarter 2026 results on November 16, 2026, according to MarketWatch. The upcoming report will give investors a first reported-period view of the enlarged group after the October 6 transaction.

Skydance stock stays below the warrant strike

At Lang & Schwarz, Skydance stock was trading at EUR 8.20 on October 13, 2026 at 12:34 p.m. CEST. The quote was EUR 0.08 above the EUR 8.12 bid, while the primary NYSE listing was last quoted at USD 9.16 on October 12, 2026 at 4:00 p.m. EDT.

The further course of trading is shown by the continuously updated real-time quote of Skydance stock.