iHeartMedia, Inc. (IHRT)
NASDAQ: IHRT · IEX Real-Time Price · USD
1.190
+0.100 (9.17%)
At close: Jul 2, 2024, 4:00 PM
1.210
+0.020 (1.68%)
After-hours: Jul 2, 2024, 7:25 PM EDT
iHeartMedia Stock Forecast
Stock Price Forecast
The 5 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 7.00. The average target predicts an increase of 152.10% from the current stock price of 1.19.
Analyst Consensus: Hold
* Price targets were last updated on Jun 3, 2024.
Analyst Ratings
The average analyst rating for iHeartMedia stock from 6 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 | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 3 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell Maintains $1.7 → $1 | Sell | Maintains | $1.7 → $1 | -15.97% | Jun 3, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $5 → $3 | Strong Buy | Maintains | $5 → $3 | +152.10% | May 16, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $2 → $1 | Hold | Maintains | $2 → $1 | -15.97% | May 13, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +320.17% | Mar 4, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | +68.07% | Nov 15, 2023 |
Financial Forecast
Revenue This Year
3.97B
from 3.75B
Increased by 5.70%
Revenue Next Year
3.92B
from 3.97B
Decreased by -1.24%
EPS This Year
0.22
from -7.39
EPS Next Year
-0.16
from 0.22
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.1B | 4.1B | 4.4B | 4.3B |
| Avg | 4.0B | 3.9B | 4.1B | 4.2B |
| Low | 3.8B | 3.7B | 3.8B | 4.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.4% | 3.1% | 11.4% | 4.2% |
| Avg | 5.7% | -1.2% | 5.8% | 1.2% |
| Low | 0.9% | -6.6% | -2.0% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.36 | 1.05 | 1.58 |
| Avg | 0.22 | -0.16 | 0.57 |
| Low | -0.07 | -0.74 | 0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 367.9% | - |
| 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.