iHeartMedia (IHRT) Stock Forecast, Price Target & Predictions
IHRT Stock Forecast
iHeartMedia stock forecast is as follows: an average price target of $3.00 (represents a 79.64% upside from IHRT’s last price of $1.67) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
IHRT Price Target
The average price target for iHeartMedia (IHRT) is $3.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $3.00 to $3.00. This represents a potential 79.64% upside from IHRT's last price of $1.67.
IHRT Analyst Ratings
According to 1 Wall Street analysts, iHeartMedia's rating consensus is 'Buy'. The analyst rating breakdown for IHRT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
iHeartMedia Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 15, 2024 | Curry Baker | Guggenheim | $3.00 | $1.24 | 141.94% | 79.64% |
The latest iHeartMedia stock forecast, released on May 15, 2024 by Curry Baker from Guggenheim, set a price target of $3.00, which represents a 141.94% increase from the stock price at the time of the forecast ($1.24), and a 79.64% increase from IHRT last price ($1.67).
iHeartMedia Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $3.00 |
| Last Closing Price | $1.67 | $1.67 | $1.67 |
| Upside/Downside | -100.00% | -100.00% | 79.64% |
In the current month, the average price target of iHeartMedia stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to iHeartMedia's last price of $1.67. 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 |
|---|---|---|---|---|
| Jun 03, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| May 15, 2024 | Guggenheim | Buy | Buy | Hold |
iHeartMedia's last stock rating was published by Bank of America Securities on Jun 03, 2024. The company gave IHRT a "Underperform" rating, the same as its previous rate.
iHeartMedia Financial Forecast
iHeartMedia 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 | Jul 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 16 | Dec 15 | Sep 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $952.99M | $920.01M | $811.24M | $1.13B | $988.93M | - | $843.46M | $1.06B | $928.05M | $861.61M | $706.66M | $935.53M | $744.41M | $487.65M | $780.63M | $1.03B | $948.34M | - | $1.36B | $1.72B | $1.58B |
| Avg Forecast | $1.13B | $980.40M | $953.26M | $823.21M | $1.19B | $1.00B | $915.98M | $805.85M | $1.04B | $936.65M | $906.14M | $795.43M | $1.11B | $976.73M | $955.90M | $839.42M | $1.04B | $914.50M | $808.55M | $690.72M | $893.12M | $722.82M | $562.50M | $787.87M | $999.48M | $926.37M | $820.49M | $2.65B | $1.20B | $600.58M |
| High Forecast | $1.13B | $987.31M | $959.97M | $829.01M | $1.20B | $1.01B | $922.43M | $811.53M | $1.05B | $943.25M | $912.52M | $801.03M | $1.12B | $983.61M | $955.90M | $845.63M | $1.04B | $921.27M | $814.54M | $695.84M | $899.74M | $728.17M | $566.67M | $793.70M | $1.01B | $933.23M | $826.56M | $3.18B | $1.43B | $720.69M |
| Low Forecast | $1.12B | $975.30M | $948.30M | $818.93M | $1.18B | $995.35M | $911.22M | $801.67M | $1.03B | $931.78M | $901.43M | $791.29M | $1.10B | $971.66M | $955.90M | $832.09M | $1.03B | $906.51M | $801.50M | $684.69M | $885.33M | $716.51M | $557.59M | $780.99M | $990.76M | $918.29M | $813.33M | $2.12B | $956.48M | $480.46M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 6 | 6 | 15 | 14 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 1.02% | 1.02% | 1.02% | 1.01% | - | 1.00% | 1.03% | 1.01% | 1.07% | 1.02% | 1.05% | 1.03% | 0.87% | 0.99% | 1.03% | 1.02% | - | 0.51% | 1.44% | 2.63% |
iHeartMedia's average Quarter revenue forecast for Dec 23 based on 5 analysts is $1.04B, with a low forecast of $1.03B, and a high forecast of $1.05B. IHRT's average Quarter revenue forecast represents a 9.50% increase compared to the company's last Quarter revenue of $952.99M (Sep 23).
iHeartMedia 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 | Jul 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 16 | Dec 15 | Sep 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 6 | 6 | 15 | 14 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | $187.73M | $-581.36M | $63.54M | $285.43M | $207.16M | - | $127.42M | $293.60M | $189.12M | $155.68M | $67.92M | $221.77M | $137.54M | $-46.26M | $1.83B | $282.76M | $234.35M | - | $570.00M | $525.56M | $436.24M |
| Avg Forecast | $350.16M | $305.10M | $296.65M | $256.18M | $370.16M | $311.37M | $285.05M | $154.93M | $324.75M | $291.48M | $281.99M | $122.47M | $345.05M | $199.94M | $297.47M | $96.82M | $322.21M | $181.76M | $189.12M | $32.40M | $378.03M | $131.05M | $-84.31M | $-69.63B | $179.60M | $208.21M | $255.33M | $722.37M | $303.02M | $252.73M |
| High Forecast | $352.63M | $307.25M | $298.74M | $257.98M | $372.76M | $314.48M | $287.06M | $185.91M | $327.88M | $293.54M | $283.97M | $146.97M | $347.48M | $239.92M | $297.47M | $116.18M | $324.60M | $218.11M | $226.94M | $38.88M | $453.63M | $157.26M | $-67.45M | $-55.70B | $215.52M | $249.85M | $257.22M | $866.84M | $363.63M | $303.28M |
| Low Forecast | $348.34M | $303.51M | $295.11M | $254.85M | $368.23M | $309.75M | $283.57M | $123.94M | $321.63M | $289.97M | $280.52M | $97.98M | $343.26M | $159.95M | $297.47M | $77.45M | $319.40M | $145.41M | $151.30M | $25.92M | $302.42M | $104.84M | $-101.17M | $-83.56B | $143.68M | $166.57M | $253.10M | $577.89M | $242.42M | $202.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.64% | -2.06% | 0.52% | 0.83% | 1.04% | - | 1.32% | 0.91% | 1.04% | 0.82% | 2.10% | 0.59% | 1.05% | 0.55% | -0.03% | 1.57% | 1.13% | - | 0.79% | 1.73% | 1.73% |
5 analysts predict IHRT's average Quarter EBITDA for Dec 23 to be $324.75M, with a high of $327.88M and a low of $321.63M. This is 72.99% upper than iHeartMedia's previous annual EBITDA (Sep 23) of $187.73M.
iHeartMedia 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 | Jul 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 16 | Dec 15 | Sep 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 6 | 6 | 15 | 14 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | $-27.49M | $-884.47M | $-222.36M | $79.88M | $-309.78M | - | $-48.74M | $111.95M | $3.18M | $-31.96M | $-242.06M | $3.47M | $-32.11M | $-197.32M | $-1.69B | $61.38M | $12.37M | - | $-88.52M | $-90.07M | $-213.47M |
| Avg Forecast | $18.89M | $-15.11M | $-22.67M | $-88.16M | $73.45M | $1.51M | $-47.15M | $-60.47M | $3.02M | $-10.77M | $-28.72M | $-47.80M | $67.58M | $3.82M | $12.55M | $-37.79M | $74.20M | $3.47M | $-29.79M | $-255.15M | $5.99M | $-30.58M | $-120.80M | $-67.48B | $76.73M | $20.71M | $76.62M | $-118.32M | $-52.55M | $-139.81M |
| High Forecast | $19.06M | $-15.01M | $-22.52M | $-87.57M | $74.13M | $2.02M | $-46.84M | $-48.37M | $21.16M | $-10.70M | $-28.52M | $-38.24M | $68.20M | $4.58M | $12.55M | $-30.23M | $74.92M | $4.16M | $-23.83M | $-204.12M | $7.18M | $-24.47M | $-96.64M | $-53.99B | $92.07M | $24.85M | $77.36M | $-94.66M | $-42.04M | $-111.85M |
| Low Forecast | $18.77M | $-15.25M | $-22.88M | $-88.97M | $72.96M | $503.79K | $-47.59M | $-72.56M | $-2.42M | $-10.87M | $-28.98M | $-57.36M | $67.12M | $3.05M | $12.55M | $-45.34M | $73.36M | $2.78M | $-35.74M | $-306.18M | $4.79M | $-36.70M | $-144.96M | $-80.98B | $61.38M | $16.57M | $75.75M | $-141.99M | $-63.06M | $-167.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.55% | 30.80% | 4.65% | 1.18% | -81.18% | - | 1.29% | 1.51% | 0.92% | 1.07% | 0.95% | 0.58% | 1.05% | 1.63% | 0.03% | 0.80% | 0.60% | - | 0.75% | 1.71% | 1.53% |
iHeartMedia's average Quarter net income forecast for Mar 23 is $-47.80M, with a range of $-57.36M to $-38.24M. IHRT's average Quarter net income forecast represents a -159.84% decrease compared to the company's last Quarter net income of $79.88M (Dec 22).
iHeartMedia 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 | Jul 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 16 | Dec 15 | Sep 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 6 | 6 | 15 | 14 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | $393.63M | $393.77M | $402.80M | $429.65M | $399.89M | - | $384.34M | $415.69M | $390.09M | $372.64M | $342.33M | $333.43M | $292.58M | $261.22M | $344.14M | $368.31M | $341.35M | - | $425.57M | $432.24M | $428.97M |
| Avg Forecast | $475.19M | $414.04M | $402.58M | $347.66M | $502.33M | $422.55M | $386.83M | $478.36M | $440.72M | $395.57M | $382.68M | $378.15M | $468.26M | $468.10M | $403.70M | $298.93M | $437.27M | $425.55M | $343.78M | $361.35M | $575.85M | $278.65M | $159.92M | $332.73M | $460.39M | $571.32M | $346.51M | $568.88M | $243.53M | $270.25M |
| High Forecast | $478.54M | $416.96M | $405.41M | $350.11M | $505.87M | $426.78M | $389.56M | $574.03M | $444.96M | $398.35M | $385.37M | $453.78M | $471.56M | $561.72M | $403.70M | $358.72M | $440.51M | $510.66M | $412.54M | $433.62M | $691.02M | $334.38M | $191.90M | $335.20M | $552.47M | $685.58M | $349.07M | $682.66M | $292.23M | $324.30M |
| Low Forecast | $472.72M | $411.89M | $400.49M | $345.85M | $499.72M | $420.36M | $384.82M | $382.69M | $436.48M | $393.51M | $380.69M | $302.52M | $465.83M | $374.48M | $403.70M | $239.15M | $433.45M | $340.44M | $275.03M | $289.08M | $460.68M | $222.92M | $127.94M | $329.83M | $368.31M | $457.05M | $343.48M | $455.11M | $194.82M | $216.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.00% | 1.03% | 1.07% | 0.92% | 0.85% | - | 1.29% | 0.95% | 0.92% | 1.08% | 0.95% | 0.58% | 1.05% | 1.63% | 1.03% | 0.80% | 0.60% | - | 0.75% | 1.77% | 1.59% |
iHeartMedia's average Quarter SG&A projection for Dec 23 is $440.72M, based on 5 Wall Street analysts, with a range of $436.48M to $444.96M. The forecast indicates a 11.96% rise compared to IHRT last annual SG&A of $393.63M (Sep 23).
iHeartMedia 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 | Jul 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 16 | Dec 15 | Sep 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 6 | 6 | 15 | 14 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | $-0.18 | $-5.93 | $-1.50 | $0.56 | $-2.09 | - | $-0.33 | $0.79 | $0.02 | $-0.22 | $-1.66 | $0.05 | $-0.22 | $-1.35 | $-11.60 | $0.95 | $0.08 | - | $-0.70 | $-1.07 | $-2.53 |
| Avg Forecast | $0.13 | $-0.10 | $-0.15 | $-0.58 | $0.49 | $0.01 | $-0.31 | $-0.56 | $0.02 | $-0.07 | $-0.19 | $-0.74 | $0.45 | $0.20 | $0.08 | $-0.27 | $0.51 | $0.09 | $-0.14 | $-0.50 | $0.28 | $-0.17 | $-0.71 | $-0.25 | $0.56 | $0.60 | $0.53 | $-2.73 | $-0.36 | $-0.63 |
| High Forecast | $0.13 | $-0.10 | $-0.15 | $-0.58 | $0.49 | $0.01 | $-0.31 | $-0.56 | $0.14 | $-0.07 | $-0.19 | $-0.73 | $0.45 | $0.20 | $0.08 | $-0.27 | $0.52 | $0.09 | $-0.14 | $-0.49 | $0.29 | $-0.17 | $-0.70 | $-0.25 | $0.56 | $0.60 | $0.53 | $-2.18 | $-0.29 | $-0.50 |
| Low Forecast | $0.12 | $-0.10 | $-0.15 | $-0.59 | $0.48 | - | $-0.31 | $-0.57 | $-0.02 | $-0.07 | $-0.19 | $-0.75 | $0.44 | $0.20 | $0.08 | $-0.28 | $0.51 | $0.09 | $-0.14 | $-0.50 | $0.28 | $-0.17 | $-0.72 | $-0.25 | $0.55 | $0.59 | $0.52 | $-3.27 | $-0.43 | $-0.76 |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.53% | 31.21% | 2.03% | 1.25% | -10.39% | - | 1.21% | 1.54% | 0.22% | 1.60% | 3.32% | 0.17% | 1.30% | 1.90% | 46.61% | 1.70% | 0.13% | - | 0.26% | 2.97% | 4.02% |
According to 4 Wall Street analysts, iHeartMedia's projected average Quarter EPS for Mar 23 is $-0.74, with a low estimate of $-0.75 and a high estimate of $-0.73. This represents a -232.14% decrease compared to IHRT previous annual EPS of $0.56 (Dec 22).
iHeartMedia Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| IHRT | iHeartMedia | $1.67 | $3.00 | 79.64% | Buy |
| TGNA | TEGNA | $14.29 | $24.00 | 67.95% | Buy |
IHRT Forecast FAQ
Is iHeartMedia a good buy?
Yes, according to 1 Wall Street analysts, iHeartMedia (IHRT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of IHRT's total ratings.
What is IHRT's price target?
iHeartMedia (IHRT) average price target is $3 with a range of $3 to $3, implying a 79.64% from its last price of $1.67. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will iHeartMedia stock go up soon?
According to Wall Street analysts' prediction for IHRT stock, the company can go up by 79.64% (from the last price of $1.67 to the average price target of $3), up by 79.64% based on the highest stock price target, and up by 79.64% based on the lowest stock price target.
Can iHeartMedia stock reach $3?
IHRT's average twelve months analyst stock price target of $3 does not support the claim that iHeartMedia can reach $3 in the near future.
What are iHeartMedia's analysts' financial forecasts?
iHeartMedia's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.91B (high $3.94B, low $3.89B), average EBITDA is $1.12B (high $1.16B, low $1.09B), average net income is $-32.657M (high $-19.068M, low $-46.686M), average SG&A $1.79B (high $1.9B, low $1.69B), and average EPS is $-0.378 (high $-0.364, low $-0.396). IHRT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.88B (high $3.91B, low $3.86B), average EBITDA is $1.21B (high $1.22B, low $1.2B), average net income is $-107M (high $-106M, low $-108M), average SG&A $1.64B (high $1.65B, low $1.63B), and average EPS is $-0.708 (high $-0.702, low $-0.717).
Did the IHRT's actual financial results beat the analysts' financial forecasts?
Based on iHeartMedia's last annual report (Dec 2023), the company's revenue was $3.75B, beating the average analysts forecast of $3.68B by 1.88%. Apple's EBITDA was $-222M, missing the average prediction of $1.02B by -121.76%. The company's net income was $-1.103B, beating the average estimation of $-84.261M by 1208.62%. Apple's SG&A was $1.66B, beating the average forecast of $1.6B by 3.70%. Lastly, the company's EPS was $149.21K, missing the average prediction of $-0.981 by -15206112.74%. In terms of the last quarterly report (Sep 2023), iHeartMedia's revenue was $952.99M, beating the average analysts' forecast of $936.65M by 1.74%. The company's EBITDA was $187.73M, missing the average prediction of $291.48M by -35.59%. iHeartMedia's net income was $-27.491M, beating the average estimation of $-10.769M by 155.29%. The company's SG&A was $393.63M, missing the average forecast of $395.57M by -0.49%. Lastly, the company's EPS was $-0.18, beating the average prediction of $-0.0712 by 152.63%