Gray Television (GTN) Stock Forecast, Price Target & Predictions
GTN Stock Forecast
Gray Television stock forecast is as follows: an average price target of $7.00 (represents a 128.38% upside from GTN’s last price of $3.06) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
GTN Price Target
The average price target for Gray Television (GTN) is $7.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $7.00. This represents a potential 128.38% upside from GTN's last price of $3.06.
GTN Analyst Ratings
According to 3 Wall Street analysts, Gray Television's rating consensus is 'Buy'. The analyst rating breakdown for GTN stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Gray Television Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 11, 2024 | Alan Gould | Loop Capital Markets | $7.00 | $5.72 | 22.38% | 128.38% |
The latest Gray Television stock forecast, released on Nov 11, 2024 by Alan Gould from Loop Capital Markets, set a price target of $7.00, which represents a 22.38% increase from the stock price at the time of the forecast ($5.72), and a 128.38% increase from GTN last price ($3.06).
Gray Television Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $7.00 | $7.00 |
| Last Closing Price | $3.06 | $3.06 | $3.06 |
| Upside/Downside | -100.00% | 128.38% | 128.38% |
In the current month, the average price target of Gray Television stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Gray Television's last price of $3.06. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 11, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Oct 14, 2024 | Benchmark | Buy | Buy | Hold |
| Aug 09, 2024 | Benchmark | Buy | Buy | Hold |
| Feb 28, 2022 | Wells Fargo | Overweight | Overweight | Hold |
Gray Television's last stock rating was published by Loop Capital Markets on Nov 11, 2024. The company gave GTN a "Buy" rating, the same as its previous rate.
Gray Television Financial Forecast
Gray Television Revenue Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $803.00M | $813.00M | $801.00M | $1.07B | $909.00M | $868.00M | $827.00M | $721.00M | $601.00M | $547.00M | $544.00M | $792.00M | $604.00M | $451.00M | $534.00M | $579.00M | $517.00M | $508.00M | $518.00M | $226.26M | $203.46M |
| Avg Forecast | $844.37M | $793.00M | $793.78M | $797.88M | $1.07B | $967.49M | $840.33M | $824.98M | $863.31M | $798.46M | $797.17M | $788.22M | $1.04B | $950.99M | $854.97M | $805.23M | $644.20M | $591.41M | $541.43M | $533.51M | $748.37M | $581.88M | $440.82M | $545.65M | $554.85M | $514.46M | $508.79M | $498.42M | $164.58M | $167.86M |
| High Forecast | $848.84M | $797.19M | $797.98M | $802.10M | $1.07B | $976.66M | $840.33M | $824.98M | $863.56M | $798.58M | $801.39M | $792.39M | $1.05B | $950.99M | $854.97M | $805.23M | $644.20M | $591.41M | $541.43M | $533.51M | $748.37M | $581.88M | $440.82M | $545.65M | $554.85M | $514.46M | $508.79M | $498.42M | $197.50M | $201.43M |
| Low Forecast | $837.86M | $786.89M | $787.66M | $791.73M | $1.06B | $958.32M | $840.33M | $824.98M | $863.06M | $798.33M | $791.03M | $782.14M | $1.03B | $950.99M | $854.97M | $805.23M | $644.20M | $591.41M | $541.43M | $533.51M | $748.37M | $581.88M | $440.82M | $545.65M | $554.85M | $514.46M | $508.79M | $498.42M | $131.67M | $134.28M |
| # Analysts | 1 | 1 | 1 | 2 | 3 | 1 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.01% | 1.02% | 1.02% | 1.03% | 0.96% | 1.02% | 1.03% | 1.12% | 1.02% | 1.01% | 1.02% | 1.06% | 1.04% | 1.02% | 0.98% | 1.04% | 1.00% | 1.00% | 1.04% | 1.37% | 1.21% |
Gray Television's average Quarter revenue forecast for Dec 23 based on 5 analysts is $863.31M, with a low forecast of $863.06M, and a high forecast of $863.56M. GTN's average Quarter revenue forecast represents a 7.51% increase compared to the company's last Quarter revenue of $803.00M (Sep 23).
Gray Television EBITDA Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 3 | 1 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | $195.00M | $119.00M | $159.00M | $451.00M | $339.00M | $313.00M | $254.00M | $176.00M | $180.00M | $160.00M | $158.00M | $409.00M | $262.00M | $113.00M | $173.00M | $211.00M | $184.00M | $175.00M | $92.00M | $74.25M | $67.51M |
| Avg Forecast | $259.04M | $243.28M | $243.52M | $244.78M | $327.20M | $296.81M | $257.80M | $184.40M | $264.85M | $244.95M | $244.56M | $167.63M | $235.71M | $299.00M | $268.81M | $152.39M | $202.54M | $185.95M | $170.23M | $89.10M | $235.30M | $182.95M | $138.60M | $174.41M | $174.45M | $161.75M | $159.97M | $77.52M | $46.92M | $50.77M |
| High Forecast | $260.41M | $244.57M | $244.81M | $246.07M | $328.93M | $299.62M | $257.80M | $221.28M | $264.93M | $244.99M | $245.85M | $201.16M | $282.86M | $299.00M | $268.81M | $182.87M | $202.54M | $185.95M | $170.23M | $106.92M | $235.30M | $182.95M | $138.60M | $209.29M | $174.45M | $161.75M | $159.97M | $93.02M | $56.30M | $60.93M |
| Low Forecast | $257.04M | $241.40M | $241.64M | $242.89M | $324.68M | $294.00M | $257.80M | $147.52M | $264.77M | $244.92M | $242.67M | $134.11M | $188.57M | $299.00M | $268.81M | $121.92M | $202.54M | $185.95M | $170.23M | $71.28M | $235.30M | $182.95M | $138.60M | $139.53M | $174.45M | $161.75M | $159.97M | $62.02M | $37.54M | $40.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.80% | 0.49% | 0.95% | 1.91% | 1.13% | 1.16% | 1.67% | 0.87% | 0.97% | 0.94% | 1.77% | 1.74% | 1.43% | 0.82% | 0.99% | 1.21% | 1.14% | 1.09% | 1.19% | 1.58% | 1.33% |
5 analysts predict GTN's average Quarter EBITDA for Dec 23 to be $264.85M, with a high of $264.93M and a low of $264.77M. This is 35.82% upper than Gray Television's previous annual EBITDA (Sep 23) of $195.00M.
Gray Television Net Income Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 3 | 1 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | $-40.00M | $4.00M | $-31.00M | $186.00M | $108.00M | $99.00M | $62.00M | $29.00M | $-17.00M | $39.00M | $39.00M | $224.00M | $122.00M | $11.00M | $53.00M | $94.00M | $59.00M | $44.00M | $-18.00M | $19.95M | $10.51M |
| Avg Forecast | $-9.45M | $-14.93M | $-12.37M | $-24.64M | $117.18M | $91.96M | $8.73M | $38.78M | $-15.24M | $-30.07M | $-18.57M | $35.25M | $37.98M | $135.34M | $83.61M | $32.05M | $50.24M | $36.29M | $28.94M | $21.45M | $186.12M | $85.08M | $-8.64M | $51.64M | $52.53M | $30.72M | $32.16M | $-13.68M | $12.47M | $8.28M |
| High Forecast | $-9.35M | $-14.78M | $-12.24M | $-24.40M | $117.98M | $92.59M | $8.79M | $46.53M | $-13.25M | $-29.77M | $-18.38M | $42.30M | $45.57M | $135.34M | $83.61M | $38.46M | $50.24M | $36.29M | $28.94M | $25.74M | $186.12M | $85.08M | $-8.64M | $61.97M | $52.53M | $30.72M | $32.16M | $-10.94M | $14.96M | $9.93M |
| Low Forecast | $-9.51M | $-15.03M | $-12.45M | $-24.81M | $116.00M | $91.03M | $8.64M | $31.02M | $-16.57M | $-30.28M | $-18.70M | $28.20M | $30.38M | $135.34M | $83.61M | $25.64M | $50.24M | $36.29M | $28.94M | $17.16M | $186.12M | $85.08M | $-8.64M | $41.31M | $52.53M | $30.72M | $32.16M | $-16.42M | $9.97M | $6.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.33% | -0.22% | -0.88% | 4.90% | 0.80% | 1.18% | 1.93% | 0.58% | -0.47% | 1.35% | 1.82% | 1.20% | 1.43% | -1.27% | 1.03% | 1.79% | 1.92% | 1.37% | 1.32% | 1.60% | 1.27% |
Gray Television's average Quarter net income forecast for Sep 23 is $-30.07M, with a range of $-30.28M to $-29.77M. GTN's average Quarter net income forecast represents a -851.75% decrease compared to the company's last Quarter net income of $4.00M (Jun 23).
Gray Television SG&A Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 3 | 1 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | $23.00M | - | $26.00M | $23.00M | $27.00M | $25.00M | $28.00M | $84.00M | $32.00M | $25.00M | $18.00M | $18.00M | $15.00M | $17.00M | $15.00M | $21.00M | $14.00M | $21.00M | $48.00M | $8.26M | $7.71M |
| Avg Forecast | $29.50M | $27.70M | $27.73M | $27.87M | $37.26M | $33.80M | $29.35M | $28.82M | $30.16M | $27.89M | $27.85M | $27.53M | $110.00M | $33.22M | $29.87M | $28.13M | $22.50M | $20.66M | $18.91M | $9.90M | $26.14M | $20.33M | $15.40M | $14.62M | $19.38M | $17.97M | $17.77M | $36.48M | $5.16M | $6.07M |
| High Forecast | $29.65M | $27.85M | $27.88M | $28.02M | $37.45M | $34.12M | $29.35M | $28.82M | $30.17M | $27.90M | $27.99M | $27.68M | $132.00M | $33.22M | $29.87M | $28.13M | $22.50M | $20.66M | $18.91M | $11.88M | $26.14M | $20.33M | $15.40M | $17.54M | $19.38M | $17.97M | $17.77M | $43.78M | $6.20M | $7.29M |
| Low Forecast | $29.27M | $27.49M | $27.51M | $27.66M | $36.97M | $33.48M | $29.35M | $28.82M | $30.15M | $27.89M | $27.63M | $27.32M | $88.00M | $33.22M | $29.87M | $28.13M | $22.50M | $20.66M | $18.91M | $7.92M | $26.14M | $20.33M | $15.40M | $11.69M | $19.38M | $17.97M | $17.77M | $29.18M | $4.13M | $4.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.82% | - | 0.94% | 0.21% | 0.81% | 0.84% | 1.00% | 3.73% | 1.55% | 1.32% | 1.82% | 0.69% | 0.74% | 1.10% | 1.03% | 1.08% | 0.78% | 1.18% | 1.32% | 1.60% | 1.27% |
Gray Television's average Quarter SG&A projection for Dec 23 is $30.16M, based on 5 Wall Street analysts, with a range of $30.15M to $30.17M. The forecast indicates a 31.12% rise compared to GTN last annual SG&A of $23.00M (Sep 23).
Gray Television EPS Forecast
| 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 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 3 | 1 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | $-0.43 | $0.04 | $-0.34 | $1.90 | $1.04 | $0.92 | $0.53 | $0.31 | $-0.18 | $0.27 | $0.28 | $2.24 | $1.15 | $-0.02 | $0.41 | $0.82 | $0.46 | $0.31 | $-0.18 | $0.22 | $0.15 |
| Avg Forecast | $-0.10 | $-0.15 | $-0.13 | $-0.25 | $1.21 | $0.95 | $0.09 | $0.25 | $-0.16 | $-0.31 | $-0.19 | $-0.29 | $1.78 | $1.41 | $0.87 | $0.37 | $0.52 | $0.38 | $0.30 | $0.18 | $1.94 | $0.89 | $-0.09 | $0.37 | $0.55 | $0.32 | $0.34 | $-0.25 | $0.10 | $0.05 |
| High Forecast | $-0.10 | $-0.15 | $-0.13 | $-0.25 | $1.22 | $0.95 | $0.09 | $0.25 | $-0.14 | $-0.31 | $-0.19 | $-0.28 | $1.87 | $1.41 | $0.87 | $0.37 | $0.52 | $0.38 | $0.30 | $0.18 | $1.94 | $0.89 | $-0.09 | $0.37 | $0.55 | $0.32 | $0.34 | $-0.25 | $0.12 | $0.06 |
| Low Forecast | $-0.10 | $-0.15 | $-0.13 | $-0.26 | $1.20 | $0.94 | $0.09 | $0.24 | $-0.17 | $-0.31 | $-0.19 | $-0.29 | $1.69 | $1.41 | $0.87 | $0.37 | $0.52 | $0.38 | $0.30 | $0.18 | $1.94 | $0.89 | $-0.09 | $0.37 | $0.55 | $0.32 | $0.34 | $-0.25 | $0.08 | $0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.39% | -0.22% | 1.18% | 1.07% | 0.74% | 1.06% | 1.41% | 0.59% | -0.48% | 0.90% | 1.56% | 1.16% | 1.30% | 0.22% | 1.10% | 1.50% | 1.44% | 0.93% | 0.73% | 2.20% | 3.00% |
According to 4 Wall Street analysts, Gray Television's projected average Quarter EPS for Sep 23 is $-0.31, with a low estimate of $-0.31 and a high estimate of $-0.31. This represents a -820.93% decrease compared to GTN previous annual EPS of $0.04 (Jun 23).
Gray Television Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| IHRT | iHeartMedia | $2.06 | $5.00 | 142.72% | Buy |
| GTN | Gray Television | $3.29 | $7.00 | 112.77% | Buy |