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TEGNA (TGNA) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

TGNA Stock Forecast

TEGNA (TGNA) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $24.00, with a high of $24.00 and a low of $24.00. This represents a 31.51% increase from the last price of $18.25.

$10 $13 $16 $19 $22 $25 High: $24 Avg: $24 Low: $24 Last Closed Price: $18.25

TGNA Stock Rating

TEGNA stock's rating consensus is Buy, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 3 0 3 Strong Sell Sell Hold Buy Strong Buy

TGNA Forecast vs Benchmarks

TypeNameUpside
StockTEGNA31.51%
SectorCommunication Services Stocks 2.10%
IndustryBroadcasting Stocks 22.62%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$18.25$18.25$18.25
Upside/Downside---
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-42--6
Dec, 24-43--7
Nov, 243361-13
Oct, 243361-13
Sep, 243361-13
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 04, 2022Steven CahallWells Fargo$24.00$22.128.50%31.51%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Dec 19, 2024Wells FargoEqual-WeightOverweightupgrade
Oct 14, 2024BenchmarkBuyBuyhold
Aug 30, 2024BenchmarkBuyBuyhold
Mar 20, 2024Wells FargoEqual-WeightEqual-Weighthold
Feb 27, 2023Wells FargoEqual-WeightEqual-Weighthold
Jun 06, 2022Huber ResearchOverweightupgrade

Financial Forecast

EPS Forecast

$1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.20$2.15$2.82$2.29-----
Avg Forecast$2.28$2.13$2.94$1.85$3.01$1.90$3.63$2.85$5.43
High Forecast$2.26$2.11$2.91$1.81$2.98$1.88$3.59$2.82$5.38
Low Forecast$2.31$2.17$2.97$1.88$3.03$1.91$3.66$2.87$5.48
Surprise %-3.51%0.94%-4.08%23.78%-----

Revenue Forecast

$3B $3B $3B $3B $3B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.94B$2.99B$3.28B$2.91B-----
Avg Forecast$2.93B$2.99B$3.32B$2.94B$3.10B$2.78B$3.11B$2.89B$3.34B
High Forecast$2.91B$2.97B$3.29B$2.93B$3.08B$2.77B$3.09B$2.87B$3.32B
Low Forecast$2.97B$3.03B$3.34B$2.95B$3.12B$2.79B$3.13B$2.91B$3.36B
Surprise %0.27%0.01%-1.12%-0.85%-----

Net Income Forecast

$350M $510M $670M $830M $990M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$481.83M$477.00M$629.91M$476.72M-----
Avg Forecast$473.86M$449.96M$505.56M$474.95M$625.14M$394.10M$753.56M$592.45M$1.13B
High Forecast$469.07M$359.97M$404.45M$379.96M$619.52M$390.56M$746.79M$587.13M$1.12B
Low Forecast$481.26M$539.95M$606.67M$569.94M$630.75M$397.64M$760.33M$597.77M$1.14B
Surprise %1.68%6.01%24.60%0.37%-----

TGNA Forecast FAQ

Is TEGNA stock a buy?

TEGNA stock has a consensus rating of Buy, based on 3 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that TEGNA is a favorable investment for most analysts.

What is TEGNA's price target?

TEGNA's price target, set by 3 Wall Street analysts, averages $24 over the next 12 months. The price target range spans from $24 at the low end to $24 at the high end, suggesting a potential 31.51% change from the previous close price of $18.25.

How does TEGNA stock forecast compare to the average forecast of its sector, industry, and investment themes?

TEGNA stock forecast shows a 31.51% upside, outperforming the average forecast for the communication services stocks sector (2.10%) and outperforming the broadcasting stocks industry (22.62%).

What is the breakdown of analyst ratings for TEGNA over the past three months?

  • January 2025: 0% Strong Buy, 66.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 57.14% Buy, 42.86% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 23.08% Strong Buy, 23.08% Buy, 46.15% Hold, 7.69% Sell, 0% Strong Sell.

What is TEGNA’s EPS forecast?

TEGNA's average annual EPS forecast for its fiscal year ending in December is 3.01 for 2024, a 31.44% increase from the reported $2.29 in 2023. The prediction for 2025 is $1.9, $3.63 for 2026, $2.85 for 2027, and $5.43 for 2028.

What is TEGNA’s revenue forecast?

TEGNA's average annual revenue forecast for its fiscal year ending in December is $3.1B for 2024, a 6.57% increase from the reported $2.91B in 2023. The forecast for 2025 is $2.78B, $3.11B for 2026, $2.89B for 2027, and $3.34B for 2028.

What is TEGNA’s net income forecast?

For its fiscal year ending in December, TEGNA's average annual net income forecast is $625.14M for 2024, reflecting an 31.13% increase from the reported $476.72M in 2023. The projection for 2025 is $394.1M, $753.56M for 2026, $592.45M for 2027, and $1.13B for 2028.