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Gannett (GCI) Stock Forecast, Price Target & Predictions

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GCI Stock Forecast

Gannett stock forecast is as follows: an average price target of $5.55 (represents a 7.77% upside from GCI’s last price of $5.15) 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 7.77% upside from GCI's last price of $5.15.

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 27, 2024Jason BazinetCitigroup---11.76%-0.97%
Jul 01, 2024Matthew CondonJMP Securities--30.15%16.50%
Jul 07, 2022Citigroup---6.03%-48.54%
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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 -0.97% decrease from GCI last price ($5.15).

Gannett Price Target by Period

1M3M12M
# Anlaysts-12
Avg Price Target-$5.10$5.55
Last Closing Price$5.15$5.15$5.15
Upside/Downside-100.00%-0.97%7.77%

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 $5.15. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Sep 17, 2024CitigroupSellNeutralUpgrade
Aug 27, 2024CitigroupNeutralSellDowngrade
Jul 01, 2024JMP SecuritiesOutperformInitialise
Jul 01, 2024JMP SecuritiesMarket OutperformInitialise
May 23, 2024CitigroupSellNeutralUpgrade
Nov 17, 2022CitigroupSellSellHold
Jul 07, 2022CitigroupSellSellHold
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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 26Sep 26Jun 26Mar 26Dec 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 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$620.45M$638.81M$634.47M$651.55M$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$677.54M$638.96M$659.51M$654.13M$667.52M$633.33M$652.07M$641.60M$671.12M$636.04M$645.02M$625.30M$687.00M$674.11M$700.96M$695.44M$759.96M$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$651.83M$614.71M$634.48M$629.31M$642.19M$609.29M$627.33M$624.50M$638.40M$634.37M$645.02M$625.30M$660.93M$648.53M$674.35M$669.05M$731.12M$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
# Analysts111111134221111111111111177986
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 $660.93M, and a high forecast of $687.00M. 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 26Sep 26Jun 26Mar 26Dec 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 19
# Analysts111111134221111111111111177986
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$31.22M$32.14M$31.92M$32.78M$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$34.09M$32.15M$33.18M$32.91M$33.58M$31.86M$32.81M$32.28M$33.77M$32.00M$32.45M$-136.75M$34.56M$33.92M$35.27M$-124.32M$38.23M$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$32.79M$30.93M$31.92M$31.66M$32.31M$30.65M$31.56M$31.42M$32.12M$31.92M$32.45M$-205.13M$33.25M$32.63M$33.93M$-186.48M$36.78M$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 $34.56M and a low of $33.25M. This is -58.78% lower than Gannett's previous annual EBITDA (Sep 23) of $82.14M.

Gannett Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 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 19
# Analysts111111134221111111111111177986
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$2.86M$-22.20M$-8.97M$-14.34M$4.19M$-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$16.18M$-9.79M$-5.59M$-18.18M$2.94M$-21.68M$-8.76M$12.67M$28.60M$-8.75M$-4.97M$-361.62M$8.60M$1.24M$-7.62M$-328.75M$-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$15.38M$-10.30M$-5.88M$-19.12M$2.80M$-22.80M$-9.22M$-33.41M$-13.37M$-9.21M$-5.23M$-542.44M$8.18M$-3.73M$-8.01M$-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 $-8.01M to $-7.62M. 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 26Sep 26Jun 26Mar 26Dec 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 19
# Analysts111111134221111111111111177986
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$181.81M$187.19M$185.92M$190.93M$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$198.54M$187.24M$193.26M$191.69M$195.61M$185.59M$191.08M$188.01M$196.66M$186.38M$189.02M$183.24M$201.32M$197.54M$205.41M$705.77M$222.70M$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$191.01M$180.13M$185.93M$184.41M$188.18M$178.54M$183.83M$183.00M$187.07M$185.89M$189.02M$183.24M$193.68M$190.04M$197.61M$470.51M$214.24M$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 $193.68M to $201.32M. The forecast indicates a 6.66% rise compared to GCI last annual SG&A of $184.91M (Sep 23).

Gannett EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 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 19
# Analysts111111134221111111111111177986
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$0.02$-0.15$-0.06$-0.10$0.03$-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$0.02$-0.15$-0.06$0.09$0.20$-0.06$-0.03$-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$0.02$-0.16$-0.06$-0.23$-0.09$-0.06$-0.04$-0.37$0.06$-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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GCIGannett--7.77%Buy
NYTNew York Times Company---11.62%Buy
PSOPearson---27.20%Buy

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 7.77% from its last price of $5.15. 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 7.77% (from the last price of $5.15 to the average price target of $5.55), up by 16.50% based on the highest stock price target, and down by -0.97% 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 $2.55B (high $2.59B, low $2.5B), average EBITDA is $128.18M (high $130.53M, low $125.95M), average net income is $-42.647M (high $-14.834M, low $-62.626M), average SG&A $746.56M (high $760.29M, low $733.56M), and average EPS is $-0.298 (high $-0.104, low $-0.437). GCI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.58B (high $2.63B, low $2.53B), average EBITDA is $129.64M (high $132.33M, low $127.3M), average net income is $-18.617M (high $-17.388M, low $-19.913M), average SG&A $755.05M (high $770.73M, low $741.48M), and average EPS is $-0.13 (high $-0.121, low $-0.139).

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%