iHeartMedia (IHRT) Stock Forecast, Price Target & Predictions


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IHRT Stock Forecast


iHeartMedia stock forecast is as follows: an average price target of $3.00 (represents a 47.78% upside from IHRT’s last price of $2.03) 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 47.78% upside from IHRT's last price of $2.03.

IHRT Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 15, 2024Curry BakerGuggenheim$3.00$1.24141.94%47.78%
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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 47.78% increase from IHRT last price ($2.03).

iHeartMedia Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$3.00
Last Closing Price$2.03$2.03$2.03
Upside/Downside-100.00%-100.00%47.78%

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 $2.03. 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


DateCompanyPrevious RatingNew RatingRating Change
Jun 03, 2024Bank of America SecuritiesUnderperformUnderperformHold
May 15, 2024GuggenheimBuyBuyHold
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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 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 19Jun 19Mar 16Mar 15Mar 14
Revenue---------$952.99M$920.01M$811.24M$1.13B$988.93M$954.00M$843.46M$1.06B$928.05M$861.61M$706.66M$935.53M$744.41M$487.65M$780.63M$1.03B$948.34M-$1.36B$1.34B$1.34B
Avg Forecast$1.12B$977.00M$952.21M$822.16M$1.19B$999.99M$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$1.23B$472.53M
High Forecast$1.12B$977.00M$952.21M$822.16M$1.19B$999.99M$915.98M$805.85M$1.05B$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$3.18B$1.47B$567.04M
Low Forecast$1.12B$977.00M$952.21M$822.16M$1.19B$999.99M$915.98M$805.85M$1.03B$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$2.12B$980.19M$378.03M
# Analysts111113145444333344444444131313151716
Surprise %---------1.02%1.02%1.02%1.02%1.01%1.00%1.00%1.03%1.01%1.07%1.02%1.05%1.03%0.87%0.99%1.03%1.02%-0.51%1.10%2.84%

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 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 19Jun 19Mar 16Mar 15Mar 14
# Analysts111113145444333344444444131313151716
EBITDA---------$187.73M$-581.36M$63.54M$285.43M$207.16M$191.70M$127.42M$293.60M$189.12M$155.68M$67.92M$221.77M$137.54M$-46.26M$1.83B$282.76M$234.35M-$570.00M$283.82M$245.90M
Avg Forecast$349.35M$304.04M$296.32M$255.85M$370.09M$311.19M$285.05M$154.93M$324.75M$291.48M$281.99M$122.47M$415.83M$303.96M$297.47M$96.82M$322.21M$284.59M$251.62M$32.40M$277.94M$224.94M$175.05M$-69.63B$311.04M$288.28M$255.33M$722.37M$256.22M$210.45M
High Forecast$349.35M$304.04M$296.32M$255.85M$370.09M$311.19M$285.05M$185.91M$327.88M$291.48M$281.99M$146.97M$499.00M$303.96M$297.47M$116.18M$322.21M$284.59M$251.62M$38.88M$277.94M$224.94M$175.05M$-55.70B$311.04M$288.28M$255.33M$866.84M$307.46M$252.54M
Low Forecast$349.35M$304.04M$296.32M$255.85M$370.09M$311.19M$285.05M$123.94M$321.63M$291.48M$281.99M$97.98M$332.67M$303.96M$297.47M$77.45M$322.21M$284.59M$251.62M$25.92M$277.94M$224.94M$175.05M$-83.56B$311.04M$288.28M$255.33M$577.89M$204.97M$168.36M
Surprise %---------0.64%-2.06%0.52%0.69%0.68%0.64%1.32%0.91%0.66%0.62%2.10%0.80%0.61%-0.26%-0.03%0.91%0.81%-0.79%1.11%1.17%

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 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 19Jun 19Mar 16Mar 15Mar 14
# Analysts111113145444333344444444131313151716
Net Income---------$-27.49M$-884.47M$-222.36M$79.88M$-309.78M$14.40M$-48.74M$111.95M$3.18M$-31.96M$-242.06M$3.47M$-32.11M$-197.32M$-1.69B$61.38M$12.37M-$-88.52M$-386.63M$-432.39M
Avg Forecast$18.14M$-16.63M$-23.17M$-88.67M$73.15M$1.21M$-47.15M$-60.47M$3.02M$-10.77M$-28.72M$-47.80M$6.58M$30.42M$12.66M$-37.79M$77.52M$13.79M$-20.82M$-255.15M$43.07M$-25.50M$-107.12M$-67.48B$84.52M$90.10M$80.05M$-118.32M$-347.47M$-356.82M
High Forecast$18.14M$-16.63M$-23.17M$-88.67M$73.15M$1.81M$-47.15M$-48.37M$21.16M$-10.77M$-28.72M$-38.24M$7.90M$30.42M$12.66M$-30.23M$77.52M$13.79M$-20.82M$-204.12M$43.07M$-25.50M$-107.12M$-53.99B$84.52M$90.10M$80.05M$-94.66M$-277.98M$-285.45M
Low Forecast$18.14M$-16.63M$-23.17M$-88.67M$73.15M$604.55K$-47.15M$-72.56M$-2.42M$-10.77M$-28.72M$-57.36M$5.27M$30.42M$12.66M$-45.34M$77.52M$13.79M$-20.82M$-306.18M$43.07M$-25.50M$-107.12M$-80.98B$84.52M$90.10M$80.05M$-141.99M$-416.97M$-428.18M
Surprise %---------2.55%30.80%4.65%12.13%-10.18%1.14%1.29%1.44%0.23%1.53%0.95%0.08%1.26%1.84%0.03%0.73%0.14%-0.75%1.11%1.21%

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 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 19Jun 19Mar 16Mar 15Mar 14
# Analysts111113145444333344444444131313151716
SG&A---------$393.63M$393.77M$402.80M$429.65M$399.89M$379.06M$384.34M$415.69M$390.09M$372.64M$342.33M$333.43M$292.58M$261.22M$344.14M$368.31M$341.35M-$425.57M$416.19M$415.83M
Avg Forecast$474.10M$412.61M$402.13M$347.21M$502.25M$422.32M$386.83M$478.36M$440.72M$395.57M$382.68M$378.15M$633.43M$412.49M$403.70M$298.93M$437.27M$386.21M$341.47M$361.35M$377.18M$305.26M$237.55M$332.73M$422.10M$391.22M$346.51M$568.88M$375.65M$349.78M
High Forecast$474.10M$412.61M$402.13M$347.21M$502.25M$422.32M$386.83M$574.03M$444.96M$395.57M$382.68M$453.78M$760.12M$412.49M$403.70M$358.72M$437.27M$386.21M$341.47M$433.62M$377.18M$305.26M$237.55M$332.73M$422.10M$391.22M$346.51M$682.66M$450.78M$419.74M
Low Forecast$474.10M$412.61M$402.13M$347.21M$502.25M$422.32M$386.83M$382.69M$436.48M$395.57M$382.68M$302.52M$506.75M$412.49M$403.70M$239.15M$437.27M$386.21M$341.47M$289.08M$377.18M$305.26M$237.55M$332.73M$422.10M$391.22M$346.51M$455.11M$300.52M$279.83M
Surprise %---------1.00%1.03%1.07%0.68%0.97%0.94%1.29%0.95%1.01%1.09%0.95%0.88%0.96%1.10%1.03%0.87%0.87%-0.75%1.11%1.19%

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 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 19Jun 19Mar 16Mar 15Mar 14
# Analysts111113145444333344444444131313151716
EPS---------$-0.18$-5.93$-1.50$0.56$-2.09$0.10$-0.33$0.79$0.02$-0.22$-1.66$0.05$-0.22$-1.35$-11.60$0.95$0.08-$-0.70$-4.60$-5.16
Avg Forecast$0.12$-0.11$-0.15$-0.59$0.48$0.01$-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$-1.99$-1.43
High Forecast$0.12$-0.11$-0.15$-0.59$0.48$0.01$-0.31$-0.56$0.14$-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$0.53$-2.18$-1.59$-1.14
Low Forecast$0.12$-0.11$-0.15$-0.59$0.48-$-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$0.53$-3.27$-2.38$-1.72
Surprise %---------2.53%31.21%2.03%1.25%-10.39%1.19%1.21%1.54%0.22%1.60%3.32%0.17%1.30%1.90%46.61%1.70%0.13%-0.26%2.31%3.61%

According to 4 Wall Street analysts, iHeartMedia's projected average Quarter EPS for Mar 23 is $-0.74, with a low estimate of $-0.74 and a high estimate of $-0.74. This represents a -232.14% decrease compared to IHRT previous annual EPS of $0.56 (Dec 22).

iHeartMedia Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TGNATEGNA$16.15$24.0048.61%Buy
IHRTiHeartMedia$2.03$3.0047.78%Buy

IHRT Forecast FAQ


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.

iHeartMedia (IHRT) average price target is $3 with a range of $3 to $3, implying a 47.78% from its last price of $2.03. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for IHRT stock, the company can go up by 47.78% (from the last price of $2.03 to the average price target of $3), up by 47.78% based on the highest stock price target, and up by 47.78% based on the lowest stock price target.

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.

iHeartMedia's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.91B (high $3.91B, low $3.91B), average EBITDA is $1.12B (high $1.15B, low $1.09B), average net income is $-33.261M (high $-20.564M, low $-45.959M), average SG&A $1.79B (high $1.89B, low $1.69B), and average EPS is $-0.382 (high $-0.378, low $-0.386). IHRT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.87B (high $3.87B, low $3.87B), average EBITDA is $1.21B (high $1.21B, low $1.21B), average net income is $-110M (high $-110M, low $-110M), average SG&A $1.64B (high $1.64B, low $1.64B), and average EPS is $-0.73 (high $-0.73, low $-0.73).

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%