TEGNA (TGNA) Stock Forecast, Price Target & Predictions
TGNA Stock Forecast
TEGNA stock forecast is as follows: an average price target of $24.00 (represents a 48.61% upside from TGNA’s last price of $16.15) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
TGNA Price Target
The average price target for TEGNA (TGNA) is $24.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $24.00. This represents a potential 48.61% upside from TGNA's last price of $16.15.
TGNA Analyst Ratings
According to 3 Wall Street analysts, TEGNA's rating consensus is 'Buy'. The analyst rating breakdown for TGNA stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
TEGNA Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 04, 2022 | Steven Cahall | Wells Fargo | $24.00 | $22.12 | 8.50% | 48.61% |
The latest TEGNA stock forecast, released on May 04, 2022 by Steven Cahall from Wells Fargo, set a price target of $24.00, which represents a 8.50% increase from the stock price at the time of the forecast ($22.12), and a 48.61% increase from TGNA last price ($16.15).
TEGNA Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $16.15 | $16.15 | $16.15 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of TEGNA stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TEGNA's last price of $16.15. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 14, 2024 | Benchmark | Buy | Buy | Hold |
| Aug 30, 2024 | Benchmark | Buy | Buy | Hold |
| Mar 20, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Feb 27, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jun 06, 2022 | Huber Research | - | Overweight | Upgrade |
TEGNA's last stock rating was published by Benchmark on Oct 14, 2024. The company gave TGNA a "Buy" rating, the same as its previous rate.
TEGNA Financial Forecast
TEGNA 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 | - | - | - | - | - | - | - | - | - | $713.24M | $731.51M | $740.33M | $917.13M | $803.11M | $784.88M | $774.12M | $774.65M | $756.49M | $732.91M | $727.05M | $937.58M | $738.39M | $577.63M | $684.19M | $693.96M | $551.86M | $536.93M | $516.75M | $502.09M | $778.47M |
| Avg Forecast | $755.93M | $695.62M | $693.89M | $705.75M | $923.64M | $795.72M | $715.40M | $718.86M | $750.78M | $717.46M | $733.39M | $752.01M | $954.40M | $835.77M | $800.53M | $759.87M | $774.32M | $747.37M | $731.39M | $722.65M | $934.35M | $704.89M | $567.86M | $685.46M | $685.28M | $538.37M | $534.76M | $512.67M | $456.45M | $445.19M |
| High Forecast | $755.93M | $695.62M | $693.89M | $705.75M | $923.64M | $801.01M | $715.40M | $718.86M | $757.48M | $717.66M | $733.39M | $752.01M | $954.40M | $835.77M | $800.53M | $759.87M | $774.32M | $747.37M | $731.39M | $722.65M | $934.35M | $704.89M | $567.86M | $685.46M | $685.28M | $538.37M | $534.76M | $512.67M | $547.75M | $534.23M |
| Low Forecast | $755.93M | $695.62M | $693.89M | $705.75M | $923.64M | $790.43M | $715.40M | $718.86M | $744.08M | $717.27M | $733.39M | $752.01M | $954.40M | $835.77M | $800.53M | $759.87M | $774.32M | $747.37M | $731.39M | $722.65M | $934.35M | $704.89M | $567.86M | $685.46M | $685.28M | $538.37M | $534.76M | $512.67M | $365.16M | $356.15M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 11 | 15 | 9 | 9 | 8 | 8 | 12 | 16 | 19 | 19 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.99% | 1.00% | 0.98% | 0.96% | 0.96% | 0.98% | 1.02% | 1.00% | 1.01% | 1.00% | 1.01% | 1.00% | 1.05% | 1.02% | 1.00% | 1.01% | 1.03% | 1.00% | 1.01% | 1.10% | 1.75% |
TEGNA's average Quarter revenue forecast for Dec 23 based on 4 analysts is $750.78M, with a low forecast of $744.08M, and a high forecast of $757.48M. TGNA's average Quarter revenue forecast represents a 5.26% increase compared to the company's last Quarter revenue of $713.24M (Sep 23).
TEGNA 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 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 11 | 15 | 9 | 9 | 8 | 8 | 12 | 16 | 19 | 19 |
| EBITDA | - | - | - | - | - | - | - | - | - | $134.66M | $281.60M | $207.36M | $362.70M | $263.40M | $249.35M | $252.89M | $240.01M | $245.12M | $214.59M | $225.16M | $413.75M | $256.43M | $111.90M | $189.88M | $220.28M | $136.20M | $170.21M | $159.73M | $143.55M | $202.19M |
| Avg Forecast | $232.04M | $213.53M | $213.00M | $216.64M | $283.52M | $244.26M | $219.60M | $295.27M | $230.46M | $220.23M | $225.12M | $268.43M | $253.91M | $256.55M | $245.73M | $244.02M | $237.69M | $229.41M | $224.51M | $217.32M | $286.81M | $216.37M | $174.31M | $171.52M | $210.35M | $165.26M | $164.15M | $154.39M | $129.19M | $187.76M |
| High Forecast | $232.04M | $213.53M | $213.00M | $216.64M | $283.52M | $245.88M | $219.60M | $354.32M | $232.52M | $220.29M | $225.12M | $322.11M | $304.69M | $256.55M | $245.73M | $292.83M | $237.69M | $229.41M | $224.51M | $260.78M | $286.81M | $216.37M | $174.31M | $205.83M | $210.35M | $165.26M | $164.15M | $185.27M | $155.03M | $225.31M |
| Low Forecast | $232.04M | $213.53M | $213.00M | $216.64M | $283.52M | $242.63M | $219.60M | $236.21M | $228.40M | $220.17M | $225.12M | $214.74M | $203.13M | $256.55M | $245.73M | $195.22M | $237.69M | $229.41M | $224.51M | $173.85M | $286.81M | $216.37M | $174.31M | $137.22M | $210.35M | $165.26M | $164.15M | $123.51M | $103.36M | $150.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.61% | 1.25% | 0.77% | 1.43% | 1.03% | 1.01% | 1.04% | 1.01% | 1.07% | 0.96% | 1.04% | 1.44% | 1.19% | 0.64% | 1.11% | 1.05% | 0.82% | 1.04% | 1.03% | 1.11% | 1.08% |
4 analysts predict TGNA's average Quarter EBITDA for Dec 23 to be $230.46M, with a high of $232.52M and a low of $228.40M. This is 71.15% upper than TEGNA's previous annual EBITDA (Sep 23) of $134.66M.
TEGNA 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 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 11 | 15 | 9 | 9 | 8 | 8 | 12 | 16 | 19 | 19 |
| Net Income | - | - | - | - | - | - | - | - | - | $96.18M | $200.10M | $104.30M | $218.60M | $145.83M | $131.60M | $134.23M | $129.81M | $128.40M | $106.63M | $112.55M | $244.30M | $132.22M | $19.95M | $86.31M | $83.95M | $48.35M | $79.95M | $73.98M | $55.19M | $57.71M |
| Avg Forecast | $129.67M | $92.30M | $84.37M | $88.90M | $245.19M | $148.19M | $81.62M | $156.72M | $78.71M | $66.59M | $72.71M | $142.48M | $137.20M | $123.59M | $106.46M | $129.52M | $95.12M | $82.39M | $84.30M | $108.11M | $196.21M | $81.79M | $20.84M | $74.95M | $74.53M | $44.17M | $54.15M | $68.50M | $49.67M | $55.91M |
| High Forecast | $129.67M | $92.30M | $84.37M | $88.90M | $245.19M | $151.76M | $81.65M | $188.07M | $83.73M | $66.93M | $72.71M | $170.97M | $164.64M | $123.59M | $106.46M | $155.43M | $95.12M | $82.39M | $84.30M | $129.73M | $196.21M | $81.79M | $20.84M | $89.94M | $74.53M | $44.17M | $54.15M | $82.20M | $59.60M | $67.09M |
| Low Forecast | $129.67M | $92.30M | $84.37M | $88.90M | $245.19M | $142.84M | $81.58M | $125.38M | $72.01M | $66.25M | $72.71M | $113.98M | $109.76M | $123.59M | $106.46M | $103.62M | $95.12M | $82.39M | $84.30M | $86.49M | $196.21M | $81.79M | $20.84M | $59.96M | $74.53M | $44.17M | $54.15M | $54.80M | $39.73M | $44.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.44% | 2.75% | 0.73% | 1.59% | 1.18% | 1.24% | 1.04% | 1.36% | 1.56% | 1.26% | 1.04% | 1.25% | 1.62% | 0.96% | 1.15% | 1.13% | 1.09% | 1.48% | 1.08% | 1.11% | 1.03% |
TEGNA's average Quarter net income forecast for Dec 23 is $78.71M, with a range of $72.01M to $83.73M. TGNA's average Quarter net income forecast represents a -18.17% decrease compared to the company's last Quarter net income of $96.18M (Sep 23).
TEGNA 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 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 11 | 15 | 9 | 9 | 8 | 8 | 12 | 16 | 19 | 19 |
| SG&A | - | - | - | - | - | - | - | - | - | $98.39M | $97.23M | $111.21M | $126.20M | $111.95M | $113.20M | $123.29M | $125.93M | $112.32M | $120.13M | $106.20M | $109.69M | $101.21M | $113.32M | $114.68M | $122.74M | $108.23M | $89.78M | $86.20M | $86.33M | $275.00M |
| Avg Forecast | $118.50M | $109.04M | $108.77M | $110.63M | $144.79M | $124.74M | $112.15M | $119.05M | $117.69M | $112.47M | $114.97M | $108.23M | $133.48M | $131.02M | $125.49M | $98.39M | $121.38M | $117.16M | $114.65M | $101.95M | $146.47M | $110.50M | $89.02M | $99.59M | $107.42M | $84.39M | $83.83M | $79.81M | $77.70M | $266.40M |
| High Forecast | $118.50M | $109.04M | $108.77M | $110.63M | $144.79M | $125.56M | $112.15M | $142.86M | $118.74M | $112.50M | $114.97M | $129.88M | $160.18M | $131.02M | $125.49M | $118.07M | $121.38M | $117.16M | $114.65M | $122.34M | $146.47M | $110.50M | $89.02M | $119.51M | $107.42M | $84.39M | $83.83M | $95.78M | $93.24M | $319.69M |
| Low Forecast | $118.50M | $109.04M | $108.77M | $110.63M | $144.79M | $123.91M | $112.15M | $95.24M | $116.64M | $112.44M | $114.97M | $86.58M | $106.79M | $131.02M | $125.49M | $78.71M | $121.38M | $117.16M | $114.65M | $81.56M | $146.47M | $110.50M | $89.02M | $79.67M | $107.42M | $84.39M | $83.83M | $63.85M | $62.16M | $213.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.87% | 0.85% | 1.03% | 0.95% | 0.85% | 0.90% | 1.25% | 1.04% | 0.96% | 1.05% | 1.04% | 0.75% | 0.92% | 1.27% | 1.15% | 1.14% | 1.28% | 1.07% | 1.08% | 1.11% | 1.03% |
TEGNA's average Quarter SG&A projection for Dec 23 is $117.69M, based on 4 Wall Street analysts, with a range of $116.64M to $118.74M. The forecast indicates a 19.61% rise compared to TGNA last annual SG&A of $98.39M (Sep 23).
TEGNA 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 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 11 | 15 | 9 | 9 | 8 | 8 | 12 | 16 | 19 | 19 |
| EPS | - | - | - | - | - | - | - | - | - | $0.48 | $0.92 | $0.46 | $0.97 | $0.65 | $0.59 | $0.60 | $0.58 | $0.58 | $0.48 | $0.51 | $1.11 | $0.60 | $0.09 | $0.40 | $0.39 | $0.22 | $0.37 | $0.34 | $0.26 | $0.27 |
| Avg Forecast | $0.76 | $0.54 | $0.50 | $0.52 | $1.44 | $0.87 | $0.48 | $0.44 | $0.46 | $0.39 | $0.43 | $0.46 | $1.07 | $0.73 | $0.63 | $0.54 | $0.56 | $0.48 | $0.50 | $0.49 | $1.16 | $0.48 | $0.12 | $0.38 | $0.44 | $0.26 | $0.32 | $0.27 | $0.27 | $0.31 |
| High Forecast | $0.76 | $0.54 | $0.50 | $0.52 | $1.44 | $0.89 | $0.48 | $0.44 | $0.49 | $0.39 | $0.43 | $0.46 | $1.07 | $0.73 | $0.63 | $0.54 | $0.56 | $0.48 | $0.50 | $0.49 | $1.16 | $0.48 | $0.12 | $0.38 | $0.44 | $0.26 | $0.32 | $0.27 | $0.32 | $0.37 |
| Low Forecast | $0.76 | $0.54 | $0.50 | $0.52 | $1.44 | $0.84 | $0.48 | $0.44 | $0.42 | $0.39 | $0.43 | $0.46 | $1.07 | $0.73 | $0.63 | $0.54 | $0.56 | $0.48 | $0.50 | $0.49 | $1.16 | $0.48 | $0.12 | $0.38 | $0.44 | $0.26 | $0.32 | $0.27 | $0.22 | $0.25 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.22% | 2.15% | 1.00% | 0.91% | 0.89% | 0.94% | 1.12% | 1.04% | 1.20% | 0.97% | 1.04% | 0.96% | 1.25% | 0.73% | 1.04% | 0.89% | 0.85% | 1.16% | 1.27% | 0.96% | 0.87% |
According to 4 Wall Street analysts, TEGNA's projected average Quarter EPS for Dec 23 is $0.46, with a low estimate of $0.42 and a high estimate of $0.49. This represents a -3.47% decrease compared to TGNA previous annual EPS of $0.48 (Sep 23).
TEGNA Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TGNA | TEGNA | $16.15 | $24.00 | 48.61% | Buy |
| IHRT | iHeartMedia | $2.03 | $3.00 | 47.78% | Buy |
TGNA Forecast FAQ
Is TEGNA a good buy?
Yes, according to 3 Wall Street analysts, TEGNA (TGNA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of TGNA's total ratings.
What is TGNA's price target?
TEGNA (TGNA) average price target is $24 with a range of $24 to $24, implying a 48.61% from its last price of $16.15. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will TEGNA stock go up soon?
According to Wall Street analysts' prediction for TGNA stock, the company can go up by 48.61% (from the last price of $16.15 to the average price target of $24), up by 48.61% based on the highest stock price target, and up by 48.61% based on the lowest stock price target.
Can TEGNA stock reach $20?
TGNA's average twelve months analyst stock price target of $24 supports the claim that TEGNA can reach $20 in the near future.
What are TEGNA's analysts' financial forecasts?
TEGNA's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.15B (high $3.16B, low $3.15B), average EBITDA is $1.04B (high $1.1B, low $981.97M), average net income is $631.72M (high $666.67M, low $594.99M), average SG&A $500.72M (high $525.36M, low $476.08M), and average EPS is $3.23 (high $3.25, low $3.2). TGNA's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.85B (high $2.85B, low $2.85B), average EBITDA is $875.2M (high $875.2M, low $875.2M), average net income is $395.25M (high $395.25M, low $395.25M), average SG&A $446.95M (high $446.95M, low $446.95M), and average EPS is $2.33 (high $2.33, low $2.33).
Did the TGNA's actual financial results beat the analysts' financial forecasts?
Based on TEGNA's last annual report (Dec 2023), the company's revenue was $2.91B, which missed the average analysts forecast of $2.95B by -1.45%. Apple's EBITDA was $733.54M, missing the average prediction of $944.24M by -22.31%. The company's net income was $476.72M, beating the average estimation of $360.49M by 32.24%. Apple's SG&A was $412M, missing the average forecast of $453.36M by -9.12%. Lastly, the company's EPS was $2.29, beating the average prediction of $1.75 by 31.21%. In terms of the last quarterly report (Sep 2023), TEGNA's revenue was $713.24M, missing the average analysts' forecast of $717.46M by -0.59%. The company's EBITDA was $134.66M, missing the average prediction of $220.23M by -38.86%. TEGNA's net income was $96.18M, beating the average estimation of $66.59M by 44.43%. The company's SG&A was $98.39M, missing the average forecast of $112.47M by -12.51%. Lastly, the company's EPS was $0.48, beating the average prediction of $0.392 by 22.45%