Clear Channel Outdoor (CCO) Stock Forecast, Price Target & Predictions


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CCO Stock Forecast


Clear Channel Outdoor stock forecast is as follows: an average price target of $3.25 (represents a 135.51% upside from CCO’s last price of $1.38) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

CCO Price Target


The average price target for Clear Channel Outdoor (CCO) is $3.25 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $3.25 to $3.25. This represents a potential 135.51% upside from CCO's last price of $1.38.

CCO Analyst Ratings


Buy

According to 2 Wall Street analysts, Clear Channel Outdoor's rating consensus is 'Buy'. The analyst rating breakdown for CCO stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Clear Channel Outdoor Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 13, 2022James GossBarrington$3.25$1.9566.67%135.51%

The latest Clear Channel Outdoor stock forecast, released on May 13, 2022 by James Goss from Barrington, set a price target of $3.25, which represents a 66.67% increase from the stock price at the time of the forecast ($1.95), and a 135.51% increase from CCO last price ($1.38).

Clear Channel Outdoor Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$1.38$1.38$1.38
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Clear Channel Outdoor stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Clear Channel Outdoor's last price of $1.38. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 28, 2024Cowen & Co.BuyBuyHold
Sep 19, 2024Wells FargoOverweightEqual-WeightDowngrade
Dec 20, 2023Wells FargoEqual-WeightOverweightUpgrade
Jul 08, 2022Wells FargoEqual-WeightDowngrade

Clear Channel Outdoor's last stock rating was published by Cowen & Co. on Oct 28, 2024. The company gave CCO a "Buy" rating, the same as its previous rate.

Clear Channel Outdoor Financial Forecast


Clear Channel Outdoor Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue--------$632.11M$526.79M$637.24M$545.43M$709.16M$602.91M$643.38M$525.69M$742.71M$596.42M$531.08M$370.91M$541.39M$447.50M$314.91M$550.81M$745.23M$653.45M$698.01M$587.12M$598.71M$544.73M
Avg Forecast$683.17M$586.24M$586.37M$504.88M$644.55M$557.61M$562.67M$478.85M$609.21M$561.85M$636.37M$541.77M$717.25M$603.67M$640.29M$537.50M$740.22M$594.99M$497.51M$373.27M$492.12M$410.09M$339.74M$536.95M$737.05M$658.92M$698.71M$586.96M$493.94M$1.02B
High Forecast$686.13M$588.77M$588.91M$508.27M$648.94M$558.76M$562.67M$478.85M$613.08M$577.81M$639.12M$544.12M$720.35M$603.67M$640.29M$537.50M$740.22M$594.99M$497.51M$373.27M$492.12M$410.09M$339.74M$536.95M$737.05M$658.92M$698.71M$586.96M$592.72M$1.23B
Low Forecast$680.22M$583.71M$583.84M$501.49M$638.55M$556.45M$562.67M$478.85M$606.41M$545.89M$633.62M$539.43M$714.15M$603.67M$640.29M$537.50M$740.22M$594.99M$497.51M$373.27M$492.12M$410.09M$339.74M$536.95M$737.05M$658.92M$698.71M$586.96M$395.15M$817.05M
# Analysts111131224222111122225454434388
Surprise %--------1.04%0.94%1.00%1.01%0.99%1.00%1.00%0.98%1.00%1.00%1.07%0.99%1.10%1.09%0.93%1.03%1.01%0.99%1.00%1.00%1.21%0.53%

Clear Channel Outdoor's average Quarter revenue forecast for Mar 24 based on 2 analysts is $478.85M, with a low forecast of $478.85M, and a high forecast of $478.85M. CCO's average Quarter revenue forecast represents a -24.25% decrease compared to the company's last Quarter revenue of $632.11M (Dec 23).

Clear Channel Outdoor EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111131224222111122225454434388
EBITDA--------$-31.20M$-101.02M$-69.64M$148.13M$220.08M$91.86M$148.88M$50.80M$211.82M$102.15M$27.80M$-87.56M$98.71M$-12.47M$-1.49M$-95.82M$208.30M$-108.94M$40.14M$83.53M$99.76M$119.29M
Avg Forecast$139.00M$119.28M$119.31M$102.72M$131.14M$113.45M$114.48M$65.86M$123.95M$114.31M$129.48M$52.07M$291.26M$105.45M$111.85M$41.16M$129.30M$103.93M$86.91M$-51.29M$85.96M$71.64M$59.35M$-82.13M$128.75M$115.10M$122.05M$77.07M$78.60M$157.46M
High Forecast$139.60M$119.79M$119.82M$103.41M$132.04M$113.69M$114.48M$79.04M$124.74M$117.56M$130.04M$62.48M$349.51M$105.45M$111.85M$49.39M$129.30M$103.93M$86.91M$-41.04M$85.96M$71.64M$59.35M$-65.70M$128.75M$115.10M$122.05M$92.48M$94.32M$188.95M
Low Forecast$138.40M$118.76M$118.79M$102.04M$129.92M$113.22M$114.48M$52.69M$123.38M$111.07M$128.92M$41.65M$233.00M$105.45M$111.85M$32.93M$129.30M$103.93M$86.91M$-61.55M$85.96M$71.64M$59.35M$-98.55M$128.75M$115.10M$122.05M$61.65M$62.88M$125.97M
Surprise %---------0.25%-0.88%-0.54%2.85%0.76%0.87%1.33%1.23%1.64%0.98%0.32%1.71%1.15%-0.17%-0.03%1.17%1.62%-0.95%0.33%1.08%1.27%0.76%

2 analysts predict CCO's average Quarter EBITDA for Jun 23 to be $129.48M, with a high of $130.04M and a low of $128.92M. This is -12.59% lower than Clear Channel Outdoor's previous annual EBITDA (Mar 23) of $148.13M.

Clear Channel Outdoor Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111131224222111122225454434388
Net Income--------$24.78M$-263.49M$-37.30M$-35.42M$98.69M$-38.78M$-65.32M$-89.73M$65.53M$-40.83M$-124.58M$-332.35M$-32.11M$-135.94M$-137.20M$-277.49M$27.10M$-215.30M$-10.94M$-164.17M$-126.93M$-29.00M
Avg Forecast$24.45M$-24.44M$-25.16M$-62.35M$10.84M$-27.57M$-21.82M$-116.84M$17.34M$-37.46M$-30.62M$-92.37M$87.93M$-25.09M$-20.76M$-73.02M$21.09M$-40.32M$-107.04M$-194.71M$-87.74M$-144.17M$-179.89M$-237.85M$5.55M$-43.67M$-7.33M$-151.45M$-100.01M$-38.28M
High Forecast$24.58M$-24.30M$-25.02M$-51.96M$14.45M$-27.41M$-21.70M$-93.48M$34.67M$-37.25M$-30.44M$-73.89M$105.52M$-25.09M$-20.76M$-58.41M$21.09M$-40.32M$-107.04M$-155.77M$-87.74M$-144.17M$-179.89M$-190.28M$5.55M$-43.67M$-7.33M$-121.16M$-80.01M$-30.63M
Low Forecast$24.31M$-24.58M$-25.30M$-67.55M$7.23M$-27.72M$-21.95M$-140.21M$-4.33M$-37.67M$-30.79M$-110.84M$70.34M$-25.09M$-20.76M$-87.62M$21.09M$-40.32M$-107.04M$-233.65M$-87.74M$-144.17M$-179.89M$-285.42M$5.55M$-43.67M$-7.33M$-181.74M$-120.01M$-45.94M
Surprise %--------1.43%7.03%1.22%0.38%1.12%1.55%3.15%1.23%3.11%1.01%1.16%1.71%0.37%0.94%0.76%1.17%4.88%4.93%1.49%1.08%1.27%0.76%

Clear Channel Outdoor's average Quarter net income forecast for Mar 24 is $-116.84M, with a range of $-140.21M to $-93.48M. CCO's average Quarter net income forecast represents a -571.59% decrease compared to the company's last Quarter net income of $24.78M (Dec 23).

Clear Channel Outdoor SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111131224222111122225454434388
SG&A--------$105.35M$87.08M$113.18M$152.74M$122.26M$155.89M$157.38M$152.60M$173.41M$159.96M$150.59M$131.61M$219.11M$205.54M$128.94M$241.82M$248.42M$242.30M$252.53M$230.18M$246.96M$195.20M
Avg Forecast$174.81M$150.01M$150.04M$129.19M$164.93M$142.68M$143.98M$198.41M$155.89M$143.77M$162.84M$156.85M$238.44M$153.11M$162.40M$123.99M$187.74M$150.91M$126.18M$77.11M$124.82M$104.01M$86.17M$207.27M$186.94M$167.12M$177.22M$212.35M$194.57M$257.66M
High Forecast$175.57M$150.66M$150.69M$130.06M$166.05M$142.98M$143.98M$238.09M$156.88M$147.85M$163.54M$188.22M$286.12M$153.11M$162.40M$148.79M$187.74M$150.91M$126.18M$92.53M$124.82M$104.01M$86.17M$248.73M$186.94M$167.12M$177.22M$254.82M$233.49M$309.19M
Low Forecast$174.06M$149.36M$149.39M$128.32M$163.39M$142.39M$143.98M$158.73M$155.17M$139.68M$162.13M$125.48M$190.75M$153.11M$162.40M$99.19M$187.74M$150.91M$126.18M$61.68M$124.82M$104.01M$86.17M$165.82M$186.94M$167.12M$177.22M$169.88M$155.66M$206.13M
Surprise %--------0.68%0.61%0.70%0.97%0.51%1.02%0.97%1.23%0.92%1.06%1.19%1.71%1.76%1.98%1.50%1.17%1.33%1.45%1.43%1.08%1.27%0.76%

Clear Channel Outdoor's average Quarter SG&A projection for Mar 24 is $198.41M, based on 2 Wall Street analysts, with a range of $158.73M to $238.09M. The forecast indicates a 88.33% rise compared to CCO last annual SG&A of $105.35M (Dec 23).

Clear Channel Outdoor EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111131224222111122225454434388
EPS---------$-0.55-$-0.07$0.21$-0.08$-0.14$-0.19$0.14$-0.09$-0.27$-0.71$-0.07$-0.29$-0.30$-0.60$0.06$-0.46$-0.03$-0.45$-0.35$-0.08
Avg Forecast$0.05$-0.05$-0.05$-0.13$0.02$-0.06$-0.04$-0.17$0.04$-0.08$-0.06$-0.19$0.06$-0.05$-0.04$-0.16$0.04$-0.08$-0.22$-0.35$-0.18$-0.29$-0.37$-0.21$0.01$-0.09$-0.01$-0.20$-0.17$-0.20
High Forecast$0.05$-0.05$-0.05$-0.11$0.03$-0.06$-0.04$-0.17$0.07$-0.08$-0.06$-0.18$0.06$-0.05$-0.04$-0.16$0.04$-0.08$-0.22$-0.35$-0.18$-0.29$-0.37$-0.21$0.01$-0.09$-0.01$-0.20$-0.13$-0.16
Low Forecast$0.05$-0.05$-0.05$-0.14$0.01$-0.06$-0.04$-0.17$-0.01$-0.08$-0.06$-0.19$0.06$-0.05$-0.04$-0.16$0.04$-0.08$-0.22$-0.35$-0.18$-0.29$-0.37$-0.21$0.01$-0.09$-0.01$-0.20$-0.20$-0.24
Surprise %---------7.18%-0.40%3.65%1.59%3.30%1.20%3.24%1.09%1.23%2.03%0.38%0.98%0.82%2.86%5.12%5.15%2.00%2.25%2.06%0.40%

According to 2 Wall Street analysts, Clear Channel Outdoor's projected average Quarter EPS for Mar 23 is $-0.19, with a low estimate of $-0.19 and a high estimate of $-0.18. This represents a -188.30% decrease compared to CCO previous annual EPS of $0.21 (Dec 22).

Clear Channel Outdoor Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WPPWPP$54.25$1.23K2167.28%Buy
CCOClear Channel Outdoor$1.45$3.25124.14%Buy
EEXEmerald$4.76$7.9065.97%Buy
CMPRCimpress$78.53$120.0052.81%
IASIntegral Ad Science$10.45$14.6740.38%Buy
CRTOCriteo$42.30$55.8031.91%Buy
OMCOmnicom Group$88.97$110.2523.92%Buy
DLXDeluxe$23.27$27.0016.03%Buy
CTVInnovid$3.06$2.50-18.30%Buy

CCO Forecast FAQ


Is Clear Channel Outdoor a good buy?

Yes, according to 2 Wall Street analysts, Clear Channel Outdoor (CCO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of CCO's total ratings.

What is CCO's price target?

Clear Channel Outdoor (CCO) average price target is $3.25 with a range of $3.25 to $3.25, implying a 135.51% from its last price of $1.38. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Clear Channel Outdoor stock go up soon?

According to Wall Street analysts' prediction for CCO stock, the company can go up by 135.51% (from the last price of $1.38 to the average price target of $3.25), up by 135.51% based on the highest stock price target, and up by 135.51% based on the lowest stock price target.

Can Clear Channel Outdoor stock reach $2?

CCO's average twelve months analyst stock price target of $3.25 supports the claim that Clear Channel Outdoor can reach $2 in the near future.

What are Clear Channel Outdoor's analysts' financial forecasts?

Clear Channel Outdoor's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.24B (high $2.25B, low $2.24B), average EBITDA is $424.94M (high $439.24M, low $410.31M), average net income is $-155M (high $-128M, low $-183M), average SG&A $650M (high $691.1M, low $608.49M), and average EPS is $-0.25 (high $-0.241, low $-0.259). CCO's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.36B (high $2.37B, low $2.35B), average EBITDA is $480.31M (high $482.63M, low $477.99M), average net income is $-87.503M (high $-76.697M, low $-93.117M), average SG&A $604.05M (high $606.97M, low $601.13M), and average EPS is $-0.179 (high $-0.157, low $-0.19).

Did the CCO's actual financial results beat the analysts' financial forecasts?

Based on Clear Channel Outdoor's last annual report (Dec 2023), the company's revenue was $2.13B, which missed the average analysts forecast of $2.35B by -9.45%. Apple's EBITDA was $-354M, missing the average prediction of $419.81M by -184.31%. The company's net income was $-311M, beating the average estimation of $-143M by 117.26%. Apple's SG&A was $371.64M, missing the average forecast of $619.34M by -39.99%. Lastly, the company's EPS was $-0.65, beating the average prediction of $-0.289 by 124.74%. In terms of the last quarterly report (Dec 2023), Clear Channel Outdoor's revenue was $632.11M, beating the average analysts' forecast of $609.21M by 3.76%. The company's EBITDA was $-31.2M, missing the average prediction of $123.95M by -125.17%. Clear Channel Outdoor's net income was $24.78M, beating the average estimation of $17.34M by 42.93%. The company's SG&A was $105.35M, missing the average forecast of $155.89M by -32.42%. Lastly, the company's EPS was $0, missing the average prediction of $0.0355 by -100.00%