iHeartMedia, Inc. (IHRT)
NASDAQ: IHRT · IEX Real-Time Price · USD
2.110
-0.010 (-0.47%)
At close: Apr 24, 2024, 4:00 PM
2.020
-0.090 (-4.27%)
After-hours: Apr 24, 2024, 6:30 PM EDT
iHeartMedia Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for iHeartMedia stock have an average target of 4.07, with a low estimate of 2.00 and a high estimate of 7.00. The average target predicts an increase of 92.89% from the current stock price of 2.11.
Analyst Consensus: Hold
* Price targets were last updated on Mar 4, 2024.
Analyst Ratings
The average analyst rating for iHeartMedia stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 3 | 3 | 3 | 3 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +136.97% | Mar 4, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | -5.21% | Nov 15, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $5 → $3 | Sell | Maintains | $5 → $3 | +42.18% | Nov 10, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $12 → $7 | Strong Buy | Maintains | $12 → $7 | +231.75% | Oct 19, 2023 |
| B of A Securities | B of A Securities | Sell Maintains $3.5 → $2.9 | Sell | Maintains | $3.5 → $2.9 | +37.44% | Oct 4, 2023 |
Financial Forecast
Revenue This Year
4.02B
from 3.75B
Increased by 7.09%
Revenue Next Year
3.94B
from 4.02B
Decreased by -1.82%
EPS This Year
-0.01
from -7.39
EPS Next Year
0.08
from -0.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.2B | 4.2B | 4.4B | 4.6B |
| Avg | 4.0B | 3.9B | 4.2B | 4.5B |
| Low | 3.8B | 3.7B | 3.9B | 4.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.2% | 3.7% | 12.6% | 10.0% |
| Avg | 7.1% | -1.8% | 5.6% | 6.9% |
| Low | 1.7% | -7.4% | -1.9% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.25 | 1.10 | 1.71 |
| Avg | -0.01 | 0.08 | 0.75 |
| Low | -0.56 | -0.33 | 0.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 2,119.5% |
| Avg | - | - | 873.5% |
| Low | - | - | 382.9% |
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.