Clear Channel Outdoor Holdings, Inc. (CCO)
NYSE: CCO · Real-Time Price · USD
1.410
-0.040 (-2.76%)
At close: Nov 4, 2024, 4:00 PM
1.470
+0.060 (4.26%)
After-hours: Nov 4, 2024, 7:57 PM EST

CCO Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for CCO stock have an average target of 2.03, with a low estimate of 1.50 and a high estimate of 2.50. The average target predicts an increase of 43.97% from the current stock price of 1.41.

Analyst Consensus: Buy
Target Low Average Median High
Price $1.50 $2.03 $2.00 $2.50
Change +6.38% +43.97% +41.84% +77.30%

Analyst Ratings

The average analyst rating for CCO stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000001
Buy 222111
Hold 333333
Sell 000000
Strong Sell 000000
Total 555445

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Strong Buy
Maintains
$2.6$2.4
Strong Buy Maintains $2.6$2.4 +70.21% Nov 1, 2024
Barrington Research
Barrington Research
Buy
Maintains
$2.5
Buy Maintains $2.5 +77.30% Oct 31, 2024
Wells Fargo
Wells Fargo
Hold
Downgrades
$2.75$1.75
Hold Downgrades $2.75$1.75 +24.11% Sep 19, 2024
Barrington Research
Barrington Research
Buy
Maintains
$2.5
Buy Maintains $2.5 +77.30% Aug 12, 2024
Barrington Research
Barrington Research
Buy
Maintains
$2.5
Buy Maintains $2.5 +77.30% May 28, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.27B
from 2.13B
Increased by 6.90%
Revenue Next Year
2.37B
from 2.27B
Increased by 4.05%
EPS This Year
-0.29
from -0.65
EPS Next Year
-0.14
from -0.29
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.68B1.85B1.77B2.01B2.13B2.27B2.37B2.45B
Revenue Growth
-1.39%-30.90%-4.63%13.87%5.62%6.90%4.05%3.72%
EPS
-0.88-1.25-0.93-0.20-0.65-0.29-0.14-0.10
EPS Growth
--------
Forward PE
--------
No. Analysts -----776
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.4B 2.5B 2.6B
Avg 2.3B 2.4B 2.5B
Low 2.2B 2.3B 2.3B

Revenue Growth

Revenue Growth 202420252026
High
12.0%
9.4%
9.3%
Avg
6.9%
4.0%
3.7%
Low
3.0%
-0.4%
-1.7%

EPS Forecast

EPS 202420252026
High -0.28 -0.07 -0.02
Avg -0.29 -0.14 -0.10
Low -0.29 -0.25 -0.18

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.