Gannett Co., Inc. (GCI)
NYSE: GCI · IEX Real-Time Price · USD
2.420
0.00 (0.00%)
Apr 30, 2024, 4:00 PM EDT - Market closed
Gannett Co. Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Gannett Co. stock has a target of 5.00, which predicts an increase of 106.61% from the current stock price of 2.42.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 12, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Gannett Co. is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Total | 1 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +106.61% | Dec 12, 2023 |
| Citigroup | Citigroup | Strong Sell Maintains $2.6 → $1.7 | Strong Sell | Maintains | $2.6 → $1.7 | -29.75% | Mar 28, 2023 |
| Citigroup | Citigroup | Strong Sell Maintains $2.1 → $2.6 | Strong Sell | Maintains | $2.1 → $2.6 | +7.44% | Feb 28, 2023 |
| Citigroup | Citigroup | Strong Sell Maintains $1.7 → $2.1 | Strong Sell | Maintains | $1.7 → $2.1 | -13.22% | Nov 17, 2022 |
| Citigroup | Citigroup | Strong Sell Maintains $4.25 → $2.65 | Strong Sell | Maintains | $4.25 → $2.65 | +9.50% | Jul 7, 2022 |
Financial Forecast
Revenue This Year
2.60B
from 2.66B
Decreased by -2.50%
Revenue Next Year
2.58B
from 2.60B
Decreased by -0.85%
EPS This Year
-0.20
from -0.20
EPS Next Year
0.26
from -0.20
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.7B | 2.8B | 2.8B |
| Avg | 2.6B | 2.6B | 2.6B |
| Low | 2.5B | 2.4B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9% | 6.2% | 9.3% |
| Avg | -2.5% | -0.8% | 0.5% |
| Low | -6.6% | -6.6% | -7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.04 | 0.38 | 0.80 |
| Avg | -0.20 | 0.26 | 0.47 |
| Low | -0.34 | 0.15 | 0.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 207.4% |
| Avg | - | - | 80.8% |
| Low | - | - | 9.5% |
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.