TEGNA Inc. (TGNA)
NYSE: TGNA · Real-Time Price · USD
18.40
+0.27 (1.49%)
Dec 20, 2024, 4:00 PM EST - Market closed
TEGNA Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for TEGNA stock have an average target of 21.67, with a low estimate of 19 and a high estimate of 23. The average target predicts an increase of 17.77% from the current stock price of 18.40.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TEGNA 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 | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $23 | Hold → Buy | Upgrades | $23 | +25.00% | Dec 19, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $16 → $19 | Hold | Maintains | $16 → $19 | +3.26% | Nov 12, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $21 → $23 | Strong Buy | Maintains | $21 → $23 | +25.00% | Nov 8, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $21 | Strong Buy | Reiterates | $21 | +14.13% | Aug 8, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $22 → $21 | Strong Buy | Maintains | $22 → $21 | +14.13% | Mar 1, 2024 |
Financial Forecast
Revenue This Year
3.16B
from 2.91B
Increased by 8.66%
Revenue Next Year
2.84B
from 3.16B
Decreased by -10.21%
EPS This Year
3.16
from 2.28
Increased by 38.77%
EPS Next Year
1.93
from 3.16
Decreased by -38.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.3B | 3.0B | 3.3B | |
| Avg | 3.2B | 2.8B | 3.2B | |
| Low | 3.0B | 2.7B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.9% | -6.7% | 16.1% | |
| Avg | 8.7% | -10.2% | 11.0% | |
| Low | 4.2% | -15.1% | 5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.62 | 2.38 | 4.43 | |
| Avg | 3.16 | 1.93 | 3.73 | |
| Low | 2.89 | 1.63 | 3.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 58.9% | -24.7% | 129.1% | |
| Avg | 38.8% | -38.9% | 93.0% | |
| Low | 26.8% | -48.6% | 57.1% |
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.