Skydance completes USD 111 billion merger and Skydance stock costs EUR 8.26

Published on 10/12/2026 at 12:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Skydance targets USD 6.00 billion in synergies by 2029. Skydance stock costs EUR 8.26 on October 12, 2026. Market cap is USD 10.0 billion.

Key points in brief

Skydance completed its USD 111.0 billion Warner Bros. Discovery acquisition on October 6, 2026.
Management targets USD 6.0 billion in run-rate synergies within three years and more than USD 10.0 billion in free cash flow by 2030.
The stock was EUR 8.26 at Lang & Schwarz on October 12, 2026, at 12:26 p.m. CEST.
Citizens reiterated a Market Outperform rating with a USD 14.00 price target after the merger.

Paramount Skydance, US69932A2042, Illustration mit AI erstellt.

Skydance (ISIN US69932A2042) completed its USD 111.0 billion acquisition of Warner Bros. Discovery on October 6, 2026, while its stock was trading at EUR 8.26 at Lang & Schwarz on October 12, 2026, at 12:26 p.m. CEST. Skydance said the combined company targets at least USD 6.0 billion in run-rate synergies within three years.

Three merger milestones set the frame

On October 5, 2026, Skydance announced its leadership team for the combined company, including David Ellison as chairman and chief executive and Ynon Kreiz as co-chief executive, according to Skydance.

On October 6, 2026, PR Newswire reported that Skydance completed the acquisition and settled related exchange offers. The transaction brings film studios, television networks and streaming services under one listed company.

The October 6 merger completion is the latest milestone in that sequence. Management also committed to a minimum of 30 theatrical films per year and more than 180 television shows and series, according to the investor-relations release.

What does the merger demand?

The immediate financial test is leverage. Yahoo Finance reported that Skydance targets USD 20.0 billion in earnings before interest, taxes, depreciation and amortization and more than USD 10.0 billion in free cash flow by 2030, while debt stood at USD 86.8 billion in the article's October 11, 2026 account.

That target profile leaves execution as the key variable. Investing.com reported on October 7, 2026, that Citizens reiterated a Market Outperform rating and a USD 14.00 price target after the merger.

By contrast, Deadline reported on October 7, 2026, that analyst Doug Creutz of TD Cowen kept a Hold recommendation and cited integration and execution risks. The opposing views turn the USD 6.0 billion synergy target into the clearest near-term benchmark.

Next date and current euro price

TradingView lists November 16, 2026, as the next reporting date for third-quarter 2026 results. The stock's market capitalization was USD 10.0 billion as of October 9, 2026, while its 52-week range was USD 7.62 to USD 17.68.

Skydance stock was trading at EUR 8.26 at Lang & Schwarz on October 12, 2026, at 12:26 p.m. CEST. The reference price is an intraday euro indication, while NYSE remains the primary listing for the Class B shares. The further course of trading is shown by the continuously updated real-time quote of Skydance stock.