iHeartMedia, Inc. (IHRT)
NASDAQ: IHRT · Real-Time Price · USD
1.880
-0.040 (-2.08%)
At close: Dec 20, 2024, 4:00 PM
1.990
+0.110 (5.85%)
After-hours: Dec 20, 2024, 5:21 PM EST
iHeartMedia Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for iHeartMedia stock have an average target of 3.00, with a low estimate of 1.00 and a high estimate of 5.00. The average target predicts an increase of 59.57% from the current stock price of 1.88.
Analyst Consensus: Buy
* Price targets were last updated on Nov 19, 2024.
Analyst Ratings
The average analyst rating for iHeartMedia stock from 3 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 2 | 2 | 2 | 2 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $3 → $5 | Strong Buy | Maintains | $3 → $5 | +165.96% | Nov 19, 2024 |
| B of A Securities | B of A Securities | Sell → Hold Upgrades $1 → $3 | Sell → Hold | Upgrades | $1 → $3 | +59.57% | Nov 12, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $1.7 → $1 | Sell | Maintains | $1.7 → $1 | -46.81% | Jun 3, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $5 → $3 | Strong Buy | Maintains | $5 → $3 | +59.57% | May 16, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $2 → $1 | Hold | Maintains | $2 → $1 | -46.81% | May 13, 2024 |
Financial Forecast
Revenue This Year
3.98B
from 3.75B
Increased by 6.16%
Revenue Next Year
3.95B
from 3.98B
Decreased by -0.73%
EPS This Year
-6.64
from -7.39
EPS Next Year
-0.21
from -6.64
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.1B | 4.1B | 4.4B | |
| Avg | 4.0B | 4.0B | 4.2B | |
| Low | 3.8B | 3.7B | 3.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.5% | 3.5% | 10.9% | |
| Avg | 6.2% | -0.7% | 5.0% | |
| Low | 1.9% | -6.7% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -6.81 | 0.26 | 1.08 |
| Avg | -6.64 | -0.21 | 0.66 |
| Low | -6.41 | -0.46 | 0.38 |
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.