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 $5.00 (represents a 108.33% upside from IHRT’s last price of $2.40) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

IHRT Price Target

The average price target for iHeartMedia (IHRT) is $5.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $5.00 to $5.00. This represents a potential 108.33% upside from IHRT's last price of $2.40.

IHRT Analyst Ratings

Buy

According to 2 Wall Street analysts, iHeartMedia's rating consensus is 'Buy'. The analyst rating breakdown for IHRT 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%).

iHeartMedia Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 18, 2024	Curry Baker	Guggenheim	-	-	125.23%	108.33%
May 15, 2024	Curry Baker	Guggenheim	-	-	141.94%	25.00%

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The latest iHeartMedia stock forecast, released on Nov 18, 2024 by Curry Baker from Guggenheim, set a price target of $5.00, which represents a 125.23% increase from the stock price at the time of the forecast ($2.22), and a 108.33% increase from IHRT last price ($2.40).

iHeartMedia Price Target by Period

	1M	3M	12M
# Anlaysts	1	1	2
Avg Price Target	$5.00	$5.00	$4.00
Last Closing Price	$2.40	$2.40	$2.40
Upside/Downside	108.33%	108.33%	66.67%

In the current month, the average price target of iHeartMedia stock is $5.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 108.33% increase as opposed to iHeartMedia's last price of $2.40. This month's average price target is down 0.00% compared to last quarter, and up 25.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 12, 2024	Bank of America Securities	Underperform	Neutral	Upgrade
Jun 03, 2024	Bank of America Securities	Underperform	Underperform	Hold
May 15, 2024	Guggenheim	Buy	Buy	Hold

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iHeartMedia's last stock rating was published by Bank of America Securities on Nov 12, 2024. The company Upgrade its IHRT rating from "Underperform" to "Neutral".

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	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 16	Mar 15	Mar 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	$1.11B	$1.01B	$948.32M	$816.12M	$1.17B	$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	$1.01B	$951.63M	$820.43M	$1.17B	$1.00B	$915.98M	$805.85M	$1.05B	$936.65M	$909.30M	$798.21M	$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	$1.11B	$1.00B	$944.83M	$811.80M	$1.16B	$998.37M	$915.98M	$805.85M	$1.03B	$936.65M	$902.81M	$792.51M	$1.10B	$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
# Analysts	1	1	1	2	3	1	4	4	5	4	4	4	3	3	3	3	4	4	4	4	4	4	4	4	13	13	13	15	17	16
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 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 16	Mar 15	Mar 14
# Analysts	1	1	1	2	3	1	4	4	5	4	4	4	3	3	3	3	4	4	4	4	4	4	4	4	13	13	13	15	17	16
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	$213.20M	$193.20M	$181.84M	$156.49M	$223.54M	$191.75M	$175.64M	$154.93M	$200.10M	$179.60M	$173.75M	$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	$213.95M	$193.88M	$182.47M	$157.32M	$224.32M	$192.06M	$175.64M	$185.91M	$202.03M	$179.60M	$174.36M	$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	$212.42M	$192.49M	$181.17M	$155.66M	$222.72M	$191.43M	$175.64M	$123.94M	$198.18M	$179.60M	$173.11M	$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 %	-	-	-	-	-	-	-	-	-	1.05%	-3.35%	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 $200.10M, with a high of $202.03M and a low of $198.18M. This is 6.59% 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	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 16	Mar 15	Mar 14
# Analysts	1	1	1	2	3	1	4	4	5	4	4	4	3	3	3	3	4	4	4	4	4	4	4	4	13	13	13	15	17	16
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	$30.88M	$6.86M	$-16.18M	$-67.16M	$54.41M	$1.18M	$-45.88M	$-60.47M	$2.94M	$-10.48M	$-27.94M	$-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	$31.02M	$6.89M	$-16.10M	$-63.53M	$58.60M	$1.18M	$-45.66M	$-48.37M	$20.59M	$-10.43M	$-27.81M	$-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	$30.74M	$6.83M	$-16.25M	$-68.97M	$48.83M	$1.17M	$-46.09M	$-72.56M	$-2.35M	$-10.53M	$-28.07M	$-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 %	-	-	-	-	-	-	-	-	-	2.62%	31.65%	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 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 16	Mar 15	Mar 14
# Analysts	1	1	1	2	3	1	4	4	5	4	4	4	3	3	3	3	4	4	4	4	4	4	4	4	13	13	13	15	17	16
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	$473.15M	$428.77M	$403.54M	$347.29M	$496.09M	$425.53M	$389.78M	$478.36M	$444.08M	$398.58M	$385.59M	$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	$474.81M	$430.27M	$404.95M	$349.12M	$497.82M	$426.22M	$389.78M	$574.03M	$448.35M	$398.58M	$386.94M	$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	$471.42M	$427.19M	$402.06M	$345.45M	$494.27M	$424.84M	$389.78M	$382.69M	$439.81M	$398.58M	$384.18M	$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 %	-	-	-	-	-	-	-	-	-	0.99%	1.02%	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 $444.08M, based on 5 Wall Street analysts, with a range of $439.81M to $448.35M. The forecast indicates a 12.82% 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	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 16	Mar 15	Mar 14
# Analysts	1	1	1	2	3	1	4	4	5	4	4	4	3	3	3	3	4	4	4	4	4	4	4	4	13	13	13	15	17	16
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	$0.21	$0.05	$-0.11	$-0.46	$0.37	$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	$0.21	$0.05	$-0.11	$-0.43	$0.40	$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	$0.21	$0.05	$-0.11	$-0.47	$0.33	$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	$-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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
IHRT	iHeartMedia	-	-	108.33%	Buy
TGNA	TEGNA	-	-	28.27%	Buy

IHRT Forecast FAQ

Is iHeartMedia a good buy?

Yes, according to 2 Wall Street analysts, iHeartMedia (IHRT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of IHRT's total ratings.

What is IHRT's price target?

iHeartMedia (IHRT) average price target is $5 with a range of $5 to $5, implying a 108.33% from its last price of $2.4. The data is based on 2 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 108.33% (from the last price of $2.4 to the average price target of $5), up by 108.33% based on the highest stock price target, and up by 108.33% based on the lowest stock price target.

Can iHeartMedia stock reach $4?

IHRT's average twelve months analyst stock price target of $5 supports the claim that iHeartMedia can reach $4 in the near future.

What is iHeartMedia's current price target trend?

1 Wall Street analyst forecast a $5 price target for iHeartMedia (IHRT) this month, up 108.33% from its last price of $2.4. Compared to the last 3 and 12 months, the average price target increased by 108.33% and increased by 66.67%, respectively.

What are iHeartMedia's analysts' financial forecasts?

iHeartMedia's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.89B (high $3.89B, low $3.88B), average EBITDA is $745.85M (high $777.93M, low $713.73M), average net income is $-50.76M (high $-34.257M, low $-68.649M), average SG&A $1.79B (high $1.89B, low $1.69B), and average EPS is $-0.496 (high $-0.463, low $-0.538). IHRT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.88B (high $3.9B, low $3.87B), average EBITDA is $744.73M (high $747.62M, low $741.75M), average net income is $-45.59M (high $-41.712M, low $-47.658M), average SG&A $1.65B (high $1.66B, low $1.65B), and average EPS is $-0.31 (high $-0.284, low $-0.324).

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 $675.93M by -132.85%. The company's net income was $-1.103B, beating the average estimation of $-83.278M by 1224.07%. Apple's SG&A was $1.66B, beating the average forecast of $1.61B by 3.10%. 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, beating the average prediction of $179.6M by 4.53%. iHeartMedia's net income was $-27.491M, beating the average estimation of $-10.478M by 162.36%. The company's SG&A was $393.63M, missing the average forecast of $398.58M by -1.24%. Lastly, the company's EPS was $-0.18, beating the average prediction of $-0.0712 by 152.63%