iHeartMedia, Inc. (IHRT)
NASDAQ: IHRT · Real-Time Price · USD
2.030
-0.060 (-2.87%)
Nov 4, 2024, 4:00 PM EST - Market closed

iHeartMedia Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for iHeartMedia stock have an average target of 2.00, with a low estimate of 1.00 and a high estimate of 3.00. The average target predicts a decrease of -1.48% from the current stock price of 2.03.

Analyst Consensus: Hold
Target Low Average Median High
Price $1.00 $2.00 $3.00 $3.00
Change -50.74% -1.48% +47.78% +47.78%
* Price targets were last updated on Jun 3, 2024.

Analyst Ratings

The average analyst rating for iHeartMedia stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222221
Buy 000000
Hold 222221
Sell 222222
Strong Sell 000000
Total 666664

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 -50.74% Jun 3, 2024
Guggenheim
Guggenheim
Strong Buy
Maintains
$5$3
Strong Buy Maintains $5$3 +47.78% May 16, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$2$1
Hold Maintains $2$1 -50.74% May 13, 2024
Guggenheim
Guggenheim
Strong Buy
Maintains
$6$5
Strong Buy Maintains $6$5 +146.31% Mar 4, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$3$2
Hold Maintains $3$2 -1.48% Nov 15, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
4.00B
from 3.75B
Increased by 6.56%
Revenue Next Year
3.94B
from 4.00B
Decreased by -1.53%
EPS This Year
-6.24
from -7.39
EPS Next Year
-0.42
from -6.24
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.68B2.95B3.56B3.91B3.75B4.00B3.94B4.15B
Revenue Growth
2.00%-19.96%20.69%9.95%-4.12%6.56%-1.53%5.54%
EPS
89.62-13.12-1.09-1.79-7.39-6.24-0.420.41
EPS Growth
--------
Forward PE
-------5.01
No. Analysts -----776
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 4.1B 4.1B 4.4B
Avg 4.0B 3.9B 4.2B
Low 3.8B 3.7B 3.8B

Revenue Growth

Revenue Growth 2024202520262027
High
9.9%
3.0%
11.7%
Avg
6.6%
-1.5%
5.5%
Low
2.2%
-7.9%
-2.7%

EPS Forecast

EPS 202420252026
High -6.39 0.24 1.08
Avg -6.24 -0.42 0.41
Low -6.04 -0.82 0.05

EPS Growth

EPS Growth 202420252026
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.