Clear Channel Outdoor Holdings, Inc. (CCO)
NYSE: CCO · IEX Real-Time Price · USD
1.680
+0.010 (0.60%)
At close: Jul 19, 2024, 4:00 PM
1.580
-0.100 (-5.95%)
Pre-market: Jul 22, 2024, 6:50 AM EDT
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 1.40 and a high estimate of 2.75. The average target predicts an increase of 20.83% from the current stock price of 1.68.
Analyst Consensus: Hold
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for CCO stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $2.5 | Buy | Maintains | $2.5 | +48.81% | May 28, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $2.5 | Buy | Maintains | $2.5 | +48.81% | May 13, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $1.5 → $2 | Hold | Maintains | $1.5 → $2 | +19.05% | Feb 28, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $2.5 | Buy | Reiterates | $2.5 | +48.81% | Feb 27, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $1.5 → $2.75 | Hold → Buy | Upgrades | $1.5 → $2.75 | +63.69% | Dec 20, 2023 |
Financial Forecast
Revenue This Year
2.27B
from 2.13B
Increased by 6.67%
Revenue Next Year
2.36B
from 2.27B
Increased by 3.83%
EPS This Year
-0.26
from -0.65
EPS Next Year
-0.14
from -0.26
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.4B | 2.5B | 2.6B |
| Avg | 2.3B | 2.4B | 2.4B |
| Low | 2.2B | 2.3B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.5% | 9.3% | 9.2% |
| Avg | 6.7% | 3.8% | 3.7% |
| Low | 3.0% | -0.6% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.26 | -0.09 | -0.04 |
| Avg | -0.26 | -0.14 | -0.11 |
| Low | -0.30 | -0.26 | -0.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.