Gannett (GCI) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

GCI Stock Forecast

Gannett stock forecast is as follows: an average price target of $5.55 (represents a 9.04% upside from GCI’s last price of $5.09) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

GCI Price Target

The average price target for Gannett (GCI) is $5.55 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $5.10. This represents a potential 9.04% upside from GCI's last price of $5.09.

GCI Analyst Ratings

Buy

According to 2 Wall Street analysts, Gannett's rating consensus is 'Buy'. The analyst rating breakdown for GCI 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%).

Gannett Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Aug 27, 2024	Jason Bazinet	Citigroup	$5.10	$5.78	-11.76%	0.20%
Jul 01, 2024	Matthew Condon	JMP Securities	$6.00	$4.61	30.15%	17.88%
Jul 07, 2022		Citigroup	$2.65	$2.82	-6.03%	-47.94%

The latest Gannett stock forecast, released on Aug 27, 2024 by Jason Bazinet from Citigroup, set a price target of $5.10, which represents a -11.76% decrease from the stock price at the time of the forecast ($5.78), and a 0.20% increase from GCI last price ($5.09).

Gannett Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$5.55
Last Closing Price	$5.09	$5.09	$5.09
Upside/Downside	-100.00%	-100.00%	9.04%

In the current month, the average price target of Gannett stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Gannett's last price of $5.09. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Sep 17, 2024	Citigroup	Sell	Neutral	Upgrade
Aug 27, 2024	Citigroup	Neutral	Sell	Downgrade
Jul 01, 2024	JMP Securities		Outperform	Initialise
Jul 01, 2024	JMP Securities		Market Outperform	Initialise
May 23, 2024	Citigroup	Sell	Neutral	Upgrade
Nov 17, 2022	Citigroup	Sell	Sell	Hold
Jul 07, 2022	Citigroup	Sell	Sell	Hold

Gannett's last stock rating was published by Citigroup on Sep 17, 2024. The company Upgrade its GCI rating from "Sell" to "Neutral".

Gannett Financial Forecast

Gannett Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$652.87M	$672.36M	$668.92M	$730.66M	$717.90M	$748.66M	$748.08M	$826.54M	$800.18M	$804.27M	$777.08M	$875.45M	$814.54M	$767.00M	$948.68M	$699.27M	$376.65M
Avg Forecast	$663.76M	$625.96M	$646.10M	$640.83M	$653.95M	$619.04M	$635.31M	$629.69M	$642.51M	$635.21M	$645.02M	$625.30M	$673.03M	$660.40M	$686.70M	$681.30M	$744.50M	$745.50M	$788.10M	$754.90M	$847.50M	$817.60M	$791.00M	$791.65M	$857.00M	$776.00M	$744.00M	$976.00M	$417.37M	$375.97M
High Forecast	$672.58M	$634.27M	$654.68M	$649.34M	$662.63M	$627.27M	$643.75M	$637.32M	$651.77M	$636.04M	$645.02M	$625.30M	$681.97M	$669.17M	$695.82M	$690.35M	$754.39M	$745.50M	$788.10M	$754.90M	$847.50M	$817.60M	$791.00M	$791.65M	$857.00M	$776.00M	$744.00M	$976.00M	$417.37M	$375.97M
Low Forecast	$657.11M	$619.69M	$639.63M	$634.41M	$647.40M	$612.84M	$628.95M	$624.50M	$634.96M	$634.37M	$645.02M	$625.30M	$666.29M	$653.79M	$679.82M	$674.48M	$737.05M	$745.50M	$788.10M	$754.90M	$847.50M	$817.60M	$791.00M	$791.65M	$857.00M	$776.00M	$744.00M	$976.00M	$417.37M	$375.97M
# Analysts	1	1	1	1	1	1	1	3	4	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	7	7	9	8	6
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.99%	0.98%	0.98%	0.98%	0.96%	0.95%	0.99%	0.98%	0.98%	1.02%	0.98%	1.02%	1.05%	1.03%	0.97%	1.68%	1.00%

Gannett's average Quarter revenue forecast for Dec 23 based on 1 analysts is $673.03M, with a low forecast of $666.29M, and a high forecast of $681.97M. GCI's average Quarter revenue forecast represents a 3.09% increase compared to the company's last Quarter revenue of $652.87M (Sep 23).

Gannett EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	7	7	9	8	6
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$82.14M	$56.99M	$58.91M	$97.46M	$61.48M	$61.02M	$75.27M	$90.12M	$100.38M	$116.31M	$-53.82M	$-20.69M	$91.25M	$-346.91M	$64.75M	$-109.58M	$23.28M
Avg Forecast	$33.39M	$31.49M	$32.51M	$32.24M	$32.90M	$31.15M	$31.96M	$31.68M	$32.33M	$31.96M	$32.45M	$-170.94M	$33.86M	$33.23M	$34.55M	$-155.40M	$37.46M	$86.24M	$529.52M	$87.33M	$98.04M	$94.58M	$91.51M	$-141.27M	$99.14M	$89.77M	$86.07M	$54.57M	$48.28M	$43.49M
High Forecast	$33.84M	$31.91M	$32.94M	$32.67M	$33.34M	$31.56M	$32.39M	$32.06M	$32.79M	$32.00M	$32.45M	$-136.75M	$34.31M	$33.67M	$35.01M	$-124.32M	$37.95M	$86.24M	$635.43M	$87.33M	$98.04M	$94.58M	$91.51M	$-113.02M	$99.14M	$89.77M	$86.07M	$65.48M	$48.28M	$43.49M
Low Forecast	$33.06M	$31.18M	$32.18M	$31.92M	$32.57M	$30.83M	$31.64M	$31.42M	$31.95M	$31.92M	$32.45M	$-205.13M	$33.52M	$32.89M	$34.20M	$-186.48M	$37.08M	$86.24M	$423.62M	$87.33M	$98.04M	$94.58M	$91.51M	$-169.53M	$99.14M	$89.77M	$86.07M	$43.65M	$48.28M	$43.49M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	2.47%	1.65%	-0.38%	2.60%	0.71%	0.12%	0.86%	0.92%	1.06%	1.27%	0.38%	-0.21%	1.02%	-4.03%	1.19%	-2.27%	0.54%

1 analysts predict GCI's average Quarter EBITDA for Dec 23 to be $33.86M, with a high of $34.31M and a low of $33.52M. This is -58.78% lower than Gannett's previous annual EBITDA (Sep 23) of $82.14M.

Gannett Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	7	7	9	8	6
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$-2.57M	$-12.69M	$10.34M	$32.77M	$-54.12M	$-53.70M	$-3.10M	$-22.72M	$14.69M	$15.12M	$-142.32M	$-122.17M	$-31.26M	$-436.89M	$-80.15M	$-95.09M	$-18.46M
Avg Forecast	$15.75M	$-10.02M	$-5.73M	$-18.62M	$2.86M	$-17.50M	$-9.74M	$-19.57M	$2.40M	$-8.96M	$-5.09M	$-452.03M	$8.37M	$-1.24M	$-7.80M	$-410.94M	$-383.36M	$-33.61M	$-790.40M	$-13.30M	$40.25M	$28.74M	$-56.52M	$-373.58M	$-76.79M	$-105.01M	$-149.99M	$-67.55M	$-65.79M	$28.98M
High Forecast	$16.03M	$-9.89M	$-5.65M	$-18.38M	$2.91M	$-17.27M	$-9.61M	$-4.64M	$122.49M	$-8.85M	$-5.03M	$-361.62M	$8.52M	$1.24M	$-7.70M	$-328.75M	$-306.68M	$-33.61M	$-632.32M	$-13.30M	$40.25M	$28.74M	$-56.52M	$-298.86M	$-76.79M	$-105.01M	$-149.99M	$-54.04M	$-65.79M	$28.98M
Low Forecast	$15.55M	$-10.20M	$-5.83M	$-18.94M	$2.83M	$-17.80M	$-9.91M	$-32.45M	$-139.78M	$-9.12M	$-5.18M	$-542.44M	$8.26M	$-3.73M	$-7.94M	$-493.12M	$-460.03M	$-33.61M	$-948.48M	$-13.30M	$40.25M	$28.74M	$-56.52M	$-448.30M	$-76.79M	$-105.01M	$-149.99M	$-81.06M	$-65.79M	$28.98M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	2.06%	1.63%	-0.03%	-0.09%	1.61%	0.07%	0.23%	-0.56%	0.51%	-0.27%	0.38%	1.59%	0.30%	2.91%	1.19%	1.45%	-0.64%

Gannett's average Quarter net income forecast for Jun 23 is $-7.80M, with a range of $-7.94M to $-7.70M. GCI's average Quarter net income forecast represents a -175.43% decrease compared to the company's last Quarter net income of $10.34M (Mar 23).

Gannett SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	7	7	9	8	6
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$184.91M	$184.13M	$180.39M	$190.34M	$212.47M	$227.84M	$221.84M	$249.88M	$225.60M	$222.90M	$203.68M	$1.79B	$303.01M	$292.81M	$377.16M	$270.86M	$378.59M
Avg Forecast	$194.51M	$183.43M	$189.33M	$187.79M	$191.63M	$181.40M	$186.17M	$184.52M	$188.28M	$186.14M	$189.02M	$183.24M	$197.22M	$193.52M	$201.23M	$588.14M	$218.17M	$218.46M	$230.94M	$221.21M	$248.35M	$239.59M	$231.79M	$534.67M	$251.13M	$227.40M	$218.02M	$317.85M	$122.30M	$110.17M
High Forecast	$197.09M	$185.87M	$191.85M	$190.28M	$194.18M	$183.81M	$188.64M	$186.76M	$190.99M	$186.38M	$189.02M	$183.24M	$199.84M	$196.09M	$203.90M	$705.77M	$221.06M	$218.46M	$230.94M	$221.21M	$248.35M	$239.59M	$231.79M	$641.60M	$251.13M	$227.40M	$218.02M	$381.42M	$122.30M	$110.17M
Low Forecast	$192.56M	$181.59M	$187.44M	$185.91M	$189.71M	$179.59M	$184.31M	$183.00M	$186.07M	$185.89M	$189.02M	$183.24M	$195.25M	$191.58M	$199.21M	$470.51M	$215.98M	$218.46M	$230.94M	$221.21M	$248.35M	$239.59M	$231.79M	$427.74M	$251.13M	$227.40M	$218.02M	$254.28M	$122.30M	$110.17M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	0.92%	0.31%	0.87%	0.97%	0.99%	1.00%	1.01%	0.94%	0.96%	0.38%	7.14%	1.33%	1.34%	1.19%	2.21%	3.44%

Gannett's average Quarter SG&A projection for Dec 23 is $197.22M, based on 1 Wall Street analysts, with a range of $195.25M to $199.84M. The forecast indicates a 6.66% rise compared to GCI last annual SG&A of $184.91M (Sep 23).

Gannett EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	7	7	9	8	6
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.02	$-0.09	$0.07	$0.24	$-0.40	$-0.39	$-0.02	$-0.17	$0.11	$0.11	$-1.06	$-0.92	$-0.24	$-3.32	$-0.61	$-1.05	$-0.31
Avg Forecast	$0.11	$-0.07	$-0.04	$-0.13	$0.02	$-0.12	$-0.07	$-0.14	$0.02	$-0.06	$-0.04	$-0.36	$0.06	$-0.01	$-0.05	$-0.11	$0.16	$-0.14	$0.03	$-0.06	$0.17	$0.12	$-0.23	$-0.13	$-0.32	$-0.43	$-0.62	$-0.32	$-0.27	$0.12
High Forecast	$0.11	$-0.07	$-0.04	$-0.13	$0.02	$-0.12	$-0.07	$-0.03	$0.86	$-0.06	$-0.04	$-0.35	$0.06	$0.01	$-0.05	$-0.11	$0.16	$-0.14	$0.03	$-0.06	$0.17	$0.12	$-0.23	$-0.13	$-0.32	$-0.43	$-0.62	$-0.32	$-0.27	$0.12
Low Forecast	$0.11	$-0.07	$-0.04	$-0.13	$0.02	$-0.12	$-0.07	$-0.23	$-0.98	$-0.06	$-0.04	$-0.36	$0.06	$-0.03	$-0.06	$-0.12	$0.16	$-0.14	$0.03	$-0.06	$0.17	$0.12	$-0.23	$-0.13	$-0.32	$-0.43	$-0.62	$-0.32	$-0.27	$0.12
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	2.30%	1.65%	-0.61%	1.51%	2.87%	-11.97%	0.41%	-1.02%	0.92%	-0.47%	8.35%	2.89%	0.55%	5.35%	1.92%	3.85%	-2.58%

According to 1 Wall Street analysts, Gannett's projected average Quarter EPS for Jun 23 is $-0.05, with a low estimate of $-0.06 and a high estimate of $-0.05. This represents a -177.84% decrease compared to GCI previous annual EPS of $0.07 (Mar 23).

Gannett Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
NYT	New York Times Company	$54.57	$55.50	1.70%	Buy
GCI	Gannett	$5.52	$5.55	0.54%	Buy
PSO	Pearson	$16.15	$11.00	-31.89%	Hold

GCI Forecast FAQ

Is Gannett a good buy?

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

What is GCI's price target?

Gannett (GCI) average price target is $5.55 with a range of $5.1 to $6, implying a 9.04% from its last price of $5.09. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Gannett stock go up soon?

According to Wall Street analysts' prediction for GCI stock, the company can go up by 9.04% (from the last price of $5.09 to the average price target of $5.55), up by 17.88% based on the highest stock price target, and up by 0.20% based on the lowest stock price target.

Can Gannett stock reach $8?

GCI's average twelve months analyst stock price target of $5.55 does not support the claim that Gannett can reach $8 in the near future.

What are Gannett's analysts' financial forecasts?

Gannett's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.54B (high $2.57B, low $2.51B), average EBITDA is $127.69M (high $129.35M, low $126.47M), average net income is $-43.947M (high $-28.607M, low $-57.331M), average SG&A $743.72M (high $753.39M, low $736.6M), and average EPS is $-0.307 (high $-0.2, low $-0.4). GCI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.58B (high $2.61B, low $2.55B), average EBITDA is $129.64M (high $131.36M, low $128.34M), average net income is $-18.617M (high $-17.898M, low $-19.415M), average SG&A $755.05M (high $765.08M, low $747.49M), and average EPS is $-0.13 (high $-0.125, low $-0.136).

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

Based on Gannett's last annual report (Dec 2022), the company's revenue was $2.95B, which missed the average analysts forecast of $3.03B by -2.89%. Apple's EBITDA was $295.23M, missing the average prediction of $740.55M by -60.13%. The company's net income was $-78.255M, missing the average estimation of $-1.221B by -93.59%. Apple's SG&A was $852.49M, missing the average forecast of $888.78M by -4.08%. Lastly, the company's EPS was $-0.57, beating the average prediction of $-0.00242 by 23405.15%. In terms of the last quarterly report (Sep 2023), Gannett's revenue was $652.87M, missing the average analysts' forecast of $660.4M by -1.14%. The company's EBITDA was $82.14M, beating the average prediction of $33.23M by 147.22%. Gannett's net income was $-2.566M, beating the average estimation of $-1.244M by 106.19%. The company's SG&A was $184.91M, missing the average forecast of $193.52M by -4.45%. Lastly, the company's EPS was $-0.02, beating the average prediction of $-0.00869 by 130.15%