iHeartMedia, Inc. (IHRT)

NASDAQ: IHRT · Real-Time Price · USD
1.825
+0.105 (6.10%)
Mar 25, 2025, 4:00 PM EST - Market closed
6.10%
Market Cap 277.80M
Revenue (ttm) 3.85B
Net Income (ttm) -1.01B
Shares Out 152.22M
EPS (ttm) -6.68
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 806,302
Open 1.730
Previous Close 1.720
Day's Range 1.720 - 1.895
52-Week Range 0.813 - 2.840
Beta 1.79
Analysts Buy
Price Target 2.83 (+55.07%)
Earnings Date May 8, 2025

About IHRT

iHeartMedia, Inc. operates as an audio media company in the United States. It operates in three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorships and events, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents syndicated radio programs and services to radio station affiliates. This segment also delivers real-time traffic flow and incident information, as wel... [Read more]

Industry Broadcasting
IPO Date Jul 18, 2019
Employees 10,100
Stock Exchange NASDAQ
Ticker Symbol IHRT
Full Company Profile

Financial Performance

In 2024, iHeartMedia's revenue was $3.85 billion, an increase of 2.76% compared to the previous year's $3.75 billion. Losses were -$1.01 billion, -8.41% less than in 2023.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for IHRT stock is "Buy." The 12-month stock price forecast is $2.83, which is an increase of 55.07% from the latest price.

Price Target
$2.83
(55.07% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Is iHeartMedia's 2025 Outlook Optimistic? J.P. Morgan Analyst Weighs In

J.P. Morgan analyst Sebastiano C Petti reiterated an Underweight rating on iHeartMedia, Inc IHRT.

15 days ago - Benzinga

Igniting Awareness, Extinguishing Risk: Kidde and iHeartMedia Team up for Home Safety

NEW YORK--(BUSINESS WIRE)--Kidde, a trusted leader in fire safety for more than 100 years, has announced the expansion of its Cause For Alarm™ program through a collaboration with The Home Depot and i...

19 days ago - Business Wire

iHeartMedia, Inc. (IHRT) Q4 2024 Earnings Call Transcript

iHeartMedia, Inc. (NASDAQ:IHRT) Q4 2024 Earnings Call February 27, 2025 4:30 PM ET Company Participants Mike McGuinness - Head, Investor Relations Bob Pittman - Chairman and Chief Executive Officer R...

25 days ago - Seeking Alpha

iHeartMedia, Inc. Reports Results for 2024 Fourth Quarter and Full Year

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2024. Financial Highlights:1 Completed Debt Exchange Transactio...

26 days ago - Business Wire

iHeartMedia and the Government Communications Office of the State of Qatar Partner to Establish Regional Podcasting Hub

DOHA, Qatar--(BUSINESS WIRE)--iHeartMedia, the leading global podcast network, and the Government Communications Office of the State of Qatar have signed a groundbreaking multi-year partnership to cre...

4 weeks ago - Business Wire

iHeartMedia and MOPOP Presents: Empower Her, Acknowledge Her, Celebrate Her on March 5

SEATTLE--(BUSINESS WIRE)--The Museum of Pop Culture (MOPOP), in collaboration with iHeartMedia, is proud to present Empower Her, Acknowledge Her, Celebrate Her: International Women's Day, taking place...

4 weeks ago - Business Wire

iHeartMedia, Inc. to Report Quarterly and Annual Financial Results on February 27, 2025

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday February 27th, 2025, it will issue financial results for the quarter and year ending December 31, 2024. The...

6 weeks ago - Business Wire

iHeartMedia and Exactly Right Media Partner to Bring “My Favorite Murder” and the Full ERM Lineup of Shows to iHeartPodcasts

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 podcast publisher globally according to Podtrac, today announced a partnership agreement with Exactly Right Media (ERM), the audio production company ...

6 weeks ago - Business Wire

BBC Studios Expands Strategic Partnership With iHeartMedia to Become the Exclusive Third-party Sales Partner for BBC Podcasts in the U.S.

NEW YORK--(BUSINESS WIRE)--BBC Studios, producer and global distributor of innovative and world-class audio content from the BBC, and iHeartMedia, the leading audio company in the United States, today...

7 weeks ago - Business Wire

iHeartMedia Teams Up with Qatar's Government Communications Office to Announce ‘iHeartPodcasts' at Web Summit Qatar 2025

DOHA, Qatar & NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 podcast publisher globally and the Government Communications Office of the State of Qatar (GCO) announced that iHeartPodcasts will be th...

7 weeks ago - Business Wire

iHeartMedia Teams Up With The Martin Luther King III Foundation and Legacy+ To Launch New Groundbreaking "My Legacy" Podcast Highlighting Iconic Changemakers

Hosted by Martin Luther King III, Arndrea Waters King, Craig Kielburger and Marc Kielburger, the podcast explores the defining moments and untold struggles shaping the legacies of extraordinary leader...

2 months ago - PRNewsWire

iHeartMedia and the National Football League Extend Their Multi-Year NFL Podcast Network Partnership

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 podcast publisher globally, and the National Football League (NFL) today announced an extension to the exclusive partnership that first launched the N...

2 months ago - Business Wire

iHeartMedia Completes Comprehensive Exchange Transactions

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) (“iHeartMedia” or the “Company”) today announced the successful completion of its previously announced comprehensive exchange transactions o...

3 months ago - Business Wire

iHeartMedia: An Underpriced 'Call Option'

iHeartMedia's recent debt exchange and partial restructuring significantly increase equity value, presenting an undervalued "call option" with a potential upside of 30-50%. The company faces challenge...

3 months ago - Seeking Alpha

iHeartMedia Unveils the Next-Generation iHeartRadio App

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 audio company in America by reach, today announced the debut of its next-generation iHeartRadio app, redesigned with industry-first mobile features an...

3 months ago - Business Wire

iHeartMedia Announces Adoption of Unified ID 2.0 Through Integration with The Trade Desk to Enhance Audio Advertising

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the leading audio company in the United States, today announced its adoption of Unified ID 2.0 (UID2), a privacy-focused, open-source identity framework pioneer...

3 months ago - Business Wire

iHeartMedia Announces Early Results and Modification of the Terms of the Offers and Consent Solicitations for Existing Notes and Term Loans

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) (“iHeartMedia”, the “Company” or “we”) today announced that, as of 5:00 p.m., New York City time, on November 29, 2024, $750,585,122 aggrega...

3 months ago - Business Wire

iHeartMedia Los Angeles' Ellen K Morning Show on KOST 103.5 and KTLA Join Children's Hospital Los Angeles to Launch Ninth Annual Season of Giving Fundraising Campaign on Tuesday, Dec. 3

LOS ANGELES--(BUSINESS WIRE)--iHeartMedia Los Angeles' Ellen K Morning Show on KOST 103.5 and KTLA will join Children's Hospital Los Angeles (CHLA) on Giving Tuesday, Dec. 3, to celebrate the global d...

4 months ago - Business Wire

iHeartMedia Announces Exchange Offers and Consent Solicitations for Existing Notes and Term Loans

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) (“iHeartMedia”, the “Company” or “we”) announced the November 15, 2024 commencement of (i) exchange offers (the “Exchange Offers”) for iHear...

4 months ago - Business Wire

iHeartMedia Celebrates the Holiday Season with Annual Holiday Music Flip Across Broadcast Stations Nationwide and the Return of the “iHeartRadio Holiday Special”

NEW YORK--(BUSINESS WIRE)--iHeartMedia announced that the annual station flip to holiday music kicks off today with more than 85 stations across the country broadcasting the season's festive music fro...

4 months ago - Business Wire

iHeartMedia, Inc. (IHRT) Q3 2024 Earnings Call Transcript

iHeartMedia, Inc. (NASDAQ:IHRT) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Mike McGuinness - Head, Investor Relations Bob Pittman - Chairman and CEO Rich Bressle...

4 months ago - Seeking Alpha

iHeartMedia, Inc. Reports Results for 2024 Third Quarter

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended September 30, 2024. Financial Highlights:1 Announced Debt Exchange Transactions and C...

4 months ago - Business Wire

iHeartMedia Enters into Transaction Support Agreement to Strengthen Balance Sheet

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) (“iHeartMedia” or the “Company”) today announced that it and certain of its subsidiaries (collectively with the Company, the “iHeartMedia Pa...

4 months ago - Business Wire

Radio giant iHeart Media slashes hundreds of jobs amid industry struggles

IHeart Media is slashing hundreds of jobs as the debt-ridden radio and podcast giant has been crushed by music streaming, The Post has learned.

5 months ago - New York Post

iHeartMedia, Inc. to Report Quarterly Financial Results on November 7, 2024

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday November 7th, 2024, it will issue financial results for the quarter ending September 30, 2024. The company ...

5 months ago - Business Wire