Gannett (GCI) Stock Forecast, Price Target & Predictions
GCI Stock Forecast
Gannett stock forecast is as follows: an average price target of $5.55 (represents a 21.98% upside from GCI’s last price of $4.55) 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 21.98% upside from GCI's last price of $4.55.
GCI Analyst Ratings
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%), 0 'Hold' (0.00%), 1 'Sell' (50.00%), 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% | 12.09% |
| Jul 01, 2024 | Matthew Condon | JMP Securities | $6.00 | $4.61 | 30.15% | 31.87% |
| Jul 07, 2022 | - | Citigroup | $2.65 | $2.82 | -6.03% | -41.76% |
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 12.09% increase from GCI last price ($4.55).
Gannett Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 2 |
| Avg Price Target | $5.10 | $5.55 | $5.55 |
| Last Closing Price | $4.55 | $4.55 | $4.55 |
| Upside/Downside | 12.09% | 21.98% | 21.98% |
In the current month, the average price target of Gannett stock is $5.10, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 12.09% increase as opposed to Gannett's last price of $4.55. This month's average price target is down -8.11% compared to last quarter, and down -8.11% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Aug 27, 2024. The company Downgrade its GCI rating from "Neutral" to "Sell".
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 | Jul 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 | - | $748.08M | $826.54M | $800.18M | $804.27M | $777.08M | $875.45M | $814.54M | $767.00M | $948.68M | $699.27M | $376.65M |
| Avg Forecast | $907.35M | $876.20M | $846.12M | $817.08M | $678.04M | $642.13M | $647.00M | $638.34M | $664.69M | $634.01M | $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 | $916.50M | $885.03M | $854.65M | $825.31M | $684.88M | $648.61M | $653.53M | $644.78M | $671.39M | $640.40M | $651.53M | $631.60M | $679.81M | $667.06M | $693.62M | $688.17M | $752.01M | $753.02M | $788.10M | $763.65M | $857.32M | $827.07M | $800.17M | $800.82M | $866.93M | $784.99M | $752.62M | $987.31M | $422.20M | $380.32M |
| Low Forecast | $898.97M | $868.11M | $838.31M | $809.54M | $671.79M | $636.21M | $641.03M | $632.45M | $658.56M | $628.16M | $639.07M | $619.53M | $666.82M | $654.30M | $680.36M | $675.01M | $737.63M | $738.62M | $788.10M | $748.15M | $839.93M | $810.29M | $783.93M | $784.58M | $849.34M | $769.07M | $737.35M | $967.28M | $413.64M | $372.61M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.98% | 0.98% | 0.98% | 0.96% | - | 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 0 analysts is $673.03M, with a low forecast of $666.82M, and a high forecast of $679.81M. 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 | Jul 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 | 1 | 1 | 3 | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $82.14M | $56.99M | $58.91M | $97.46M | $61.48M | - | $75.27M | $90.12M | $100.38M | $116.31M | $-53.82M | $-20.69M | $91.25M | $-346.91M | $64.75M | $-109.58M | $23.28M |
| Avg Forecast | $104.97M | $101.36M | $97.88M | $94.52M | $78.44M | $74.29M | $74.85M | $73.85M | $76.89M | $73.35M | $74.62M | $-170.94M | $77.86M | $76.40M | $79.44M | $-155.40M | $86.13M | $111.70M | $91.17M | $87.33M | $98.04M | $94.58M | $238.44M | $-141.27M | $-18.10M | $119.46M | $-1.05B | $54.57M | $-321.43M | $23.27M |
| High Forecast | $106.02M | $102.38M | $98.87M | $95.48M | $79.23M | $75.03M | $75.60M | $74.59M | $77.67M | $74.08M | $75.37M | $-136.75M | $78.64M | $77.17M | $80.24M | $-124.32M | $87.00M | $134.04M | $91.17M | $88.34M | $99.18M | $95.68M | $286.13M | $-113.02M | $-14.48M | $143.35M | $-837.96M | $65.48M | $-257.14M | $27.93M |
| Low Forecast | $104.00M | $100.43M | $96.98M | $93.65M | $77.72M | $73.60M | $74.16M | $73.16M | $76.18M | $72.67M | $73.93M | $-205.13M | $77.14M | $75.69M | $78.71M | $-186.48M | $85.33M | $89.36M | $91.17M | $86.55M | $97.17M | $93.74M | $190.75M | $-169.53M | $-21.72M | $95.57M | $-1.26B | $43.65M | $-385.71M | $18.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.72% | -0.38% | 1.13% | 0.55% | - | 0.86% | 0.92% | 1.06% | 0.49% | 0.38% | 1.14% | 0.76% | 0.33% | 1.19% | 0.34% | 1.00% |
0 analysts predict GCI's average Quarter EBITDA for Dec 23 to be $77.86M, with a high of $78.64M and a low of $77.14M. This is -5.21% 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 | Jul 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 | 1 | 1 | 3 | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-2.57M | $-12.69M | $10.34M | $32.77M | $-54.12M | - | $-3.10M | $-22.72M | $14.69M | $15.12M | $-142.32M | $-122.17M | $-31.26M | $-436.89M | $-80.15M | $-95.09M | $-18.46M |
| Avg Forecast | $21.73M | $-2.41M | $-2.41M | $-16.90M | $4.83M | $-21.73M | $-25.36M | $-33.81M | $-1.61M | $-23.34M | $-8.59M | $-452.03M | $14.12M | $-2.10M | $-13.16M | $-410.94M | $38.45M | $-38.26M | $4.59M | $-8.20M | $-303.05M | $17.73M | $30.99M | $-373.58M | $-106.90M | $-40.92M | $-1.32B | $-67.55M | $-278.92M | $-18.46M |
| High Forecast | $22.02M | $-2.39M | $-2.39M | $-16.70M | $4.89M | $-21.47M | $-25.05M | $-33.40M | $-1.59M | $-16.16M | $-8.49M | $-361.62M | $14.30M | $2.10M | $-13.00M | $-328.75M | $38.96M | $-30.61M | $4.59M | $-8.11M | $-242.44M | $17.99M | $37.18M | $-298.86M | $-85.52M | $-32.74M | $-1.06B | $-54.04M | $-223.14M | $-14.77M |
| Low Forecast | $21.47M | $-2.45M | $-2.45M | $-17.13M | $4.77M | $-22.02M | $-25.69M | $-34.25M | $-1.63M | $-30.53M | $-8.70M | $-542.44M | $13.95M | $-6.30M | $-13.33M | $-493.12M | $37.99M | $-45.91M | $4.59M | $-8.32M | $-363.66M | $17.52M | $24.79M | $-448.30M | $-128.28M | $-49.11M | $-1.58B | $-81.06M | $-334.71M | $-22.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 0.96% | -0.03% | 0.85% | 1.41% | - | 0.38% | 0.07% | 0.83% | 0.49% | 0.38% | 1.14% | 0.76% | 0.33% | 1.19% | 0.34% | 1.00% |
Gannett's average Quarter net income forecast for Jun 23 is $-13.16M, with a range of $-13.33M to $-13.00M. GCI's average Quarter net income forecast represents a -227.20% 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 | Jul 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 | 1 | 1 | 3 | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $184.91M | $184.13M | $180.39M | $190.34M | $212.47M | - | $221.84M | $249.88M | $225.60M | $222.90M | $203.68M | $1.79B | $303.01M | $292.81M | $377.16M | $270.86M | $378.59M |
| Avg Forecast | $265.89M | $256.76M | $247.95M | $239.43M | $198.69M | $188.17M | $189.60M | $187.06M | $194.78M | $185.79M | $189.02M | $183.24M | $197.22M | $193.52M | $201.23M | $588.14M | $218.17M | $370.88M | $230.94M | $221.21M | $248.35M | $239.59M | $456.95M | $534.67M | $251.13M | $396.66M | $218.02M | $317.85M | $122.30M | $110.17M |
| High Forecast | $268.57M | $259.35M | $250.44M | $241.85M | $200.70M | $190.07M | $191.51M | $188.94M | $196.74M | $187.66M | $190.92M | $185.08M | $199.21M | $195.47M | $203.26M | $705.77M | $220.37M | $445.06M | $230.94M | $223.78M | $251.23M | $242.36M | $548.34M | $641.60M | $254.04M | $476.00M | $220.55M | $381.42M | $123.72M | $111.45M |
| Low Forecast | $263.43M | $254.39M | $245.66M | $237.22M | $196.86M | $186.43M | $187.85M | $185.33M | $192.98M | $184.07M | $187.27M | $181.54M | $195.40M | $191.74M | $199.37M | $470.51M | $216.15M | $296.70M | $230.94M | $219.24M | $246.13M | $237.45M | $365.56M | $427.74M | $248.89M | $317.33M | $216.07M | $254.28M | $121.21M | $109.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.92% | 0.31% | 0.87% | 0.57% | - | 1.00% | 1.01% | 0.94% | 0.49% | 0.38% | 7.14% | 0.76% | 1.34% | 1.19% | 2.21% | 3.44% |
Gannett's average Quarter SG&A projection for Dec 23 is $197.22M, based on 0 Wall Street analysts, with a range of $195.40M to $199.21M. 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 | Jul 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 | 1 | 1 | 3 | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.02 | $-0.09 | $0.07 | $0.24 | $-0.40 | - | $-0.02 | $-0.17 | $0.11 | $0.11 | $-1.06 | $-0.92 | $-0.24 | $-3.32 | $-0.61 | $-1.05 | $-0.31 |
| Avg Forecast | $0.09 | $-0.01 | $-0.01 | $-0.07 | $0.02 | $-0.09 | $-0.10 | $-0.14 | $-0.01 | $-0.10 | $-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 | $0.09 | $-0.01 | $-0.01 | $-0.07 | $0.02 | $-0.09 | $-0.10 | $-0.14 | $-0.01 | $-0.07 | $-0.04 | $-0.35 | $0.06 | $0.01 | $-0.05 | $-0.11 | $0.16 | $-0.14 | $0.03 | $-0.05 | $0.17 | $0.12 | $-0.23 | $-0.13 | $-0.31 | $-0.43 | $-0.61 | $-0.31 | $-0.27 | $0.12 |
| Low Forecast | $0.09 | $-0.01 | $-0.01 | $-0.07 | $0.02 | $-0.09 | $-0.11 | $-0.14 | $-0.01 | $-0.13 | $-0.04 | $-0.36 | $0.06 | $-0.03 | $-0.06 | $-0.12 | $0.16 | $-0.14 | $0.03 | $-0.06 | $0.16 | $0.12 | $-0.24 | $-0.13 | $-0.32 | $-0.44 | $-0.63 | $-0.32 | $-0.28 | $0.12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.30% | 1.65% | -0.61% | 1.51% | 2.87% | - | 0.41% | -1.02% | 0.92% | -0.47% | 8.35% | 2.89% | 0.55% | 5.35% | 1.92% | 3.85% | -2.58% |
According to 0 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).
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 21.98% from its last price of $4.55. 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 21.98% (from the last price of $4.55 to the average price target of $5.55), up by 31.87% based on the highest stock price target, and up by 12.09% based on the lowest stock price target.
Can Gannett stock reach $7?
GCI's average twelve months analyst stock price target of $5.55 does not support the claim that Gannett can reach $7 in the near future.
What is Gannett's current price target trend?
1 Wall Street analyst forecast a $5.1 price target for Gannett (GCI) this month, up 12.09% from its last price of $4.55. Compared to the last 3 and 12 months, the average price target increased by 21.98% and increased by 21.98%, respectively.
What are Gannett's analysts' financial forecasts?
Gannett's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.61B (high $2.63B, low $2.58B), average EBITDA is $301.42M (high $304.46M, low $298.64M), average net income is $-76.066M (high $-75.032M, low $-77.184M), average SG&A $763.51M (high $771.21M, low $756.47M), and average EPS is $-0.315 (high $-0.311, low $-0.32). GCI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.45B (high $3.48B, low $3.41B), average EBITDA is $398.74M (high $402.76M, low $395.06M), average net income is $0 (high $545.59K, low $-546K), average SG&A $1.01B (high $1.02B, low $1B), and average EPS is $0 (high $0.00226, low $-0.00226).
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 $376.32M by -21.55%. The company's net income was $-78.255M, beating the average estimation of $-3.426M by 2183.96%. Apple's SG&A was $852.49M, missing the average forecast of $1.04B by -18.12%. 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 $76.4M by 7.52%. Gannett's net income was $-2.566M, beating the average estimation of $-2.098M by 22.28%. 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%