TEGNA Inc. (TGNA)
NYSE: TGNA · Real-Time Price · USD
18.41
+0.12 (0.66%)
Feb 11, 2025, 4:49 PM EST - Market closed
TEGNA Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for TEGNA stock have an average target of 21.75, with a low estimate of 19 and a high estimate of 23. The average target predicts an increase of 18.14% from the current stock price of 18.41.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for TEGNA stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Reiterates $22 | Strong Buy | Reiterates | $22 | +19.50% | Jan 24, 2025 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $23 | Hold → Buy | Upgrades | $23 | +24.93% | Dec 19, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $16 → $19 | Hold | Maintains | $16 → $19 | +3.20% | Nov 12, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $21 → $23 | Strong Buy | Maintains | $21 → $23 | +24.93% | Nov 8, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $21 | Strong Buy | Reiterates | $21 | +14.07% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
3.16B
from 2.91B
Increased by 8.69%
Revenue Next Year
2.84B
from 3.16B
Decreased by -10.27%
EPS This Year
3.23
from 2.28
Increased by 41.64%
EPS Next Year
1.92
from 3.23
Decreased by -40.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.3B | 3.0B | 3.3B | |||
| Avg | 3.2B | 2.8B | 3.1B | |||
| Low | 3.0B | 2.7B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.2% | -6.7% | 16.2% | |||
| Avg | 8.7% | -10.3% | 10.6% | |||
| Low | 4.2% | -14.7% | 3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.86 | 2.38 | 4.36 | |||
| Avg | 3.23 | 1.92 | 3.70 | |||
| Low | 2.96 | 1.63 | 3.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 69.5% | -26.2% | 127.0% | |||
| Avg | 41.6% | -40.6% | 92.6% | |||
| Low | 29.8% | -49.6% | 58.3% |
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.