iHeartMedia (IHRT)
NASDAQ:IHRT
US Market

iHeartMedia (IHRT) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

IHRT Analyst Ratings

Hold
3Ratings
1 Buy
1 Hold
1 Sell
Based on 3 analysts giving stock ratings to
iHeartMedia
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

IHRT Stock 12 Months Forecast

Average Price Target

$9.75
▲(25.00% Upside)
Based on 3 Wall Street analysts offering 12 month price targets for iHeartMedia in the last 3 months. The average price target is $9.75 with a high forecast of $13.00 and a low forecast of $8.00. The average price target represents a 25.00% change from the last price of $7.80.
Highest Price Target$13.00Average Price Target$9.75Lowest Price Target$8.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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J.P. Morgan
$10.00
Hold
28.21%
Upside
Reiterated
iHeartMedia (IHRT) PT Lowered to $10 at JPMorganJPMorgan analyst Sebastiano Petti lowered the price target on iHeartMedia (NASDAQ: IHRT) to $10.00 (from $19.00) while maintaining a Neutral rating.
Wells Fargo
$9.00
Hold
15.38%
Upside
Downgraded
iHeart, Audacy, Clear Channel Stocks Fall on Forecast of Ad Market Slowdown | BarronsCahall sees a particularly rough road ahead for broadcast radio, where he expects revenue to be down about 10% in 2023. He noted that radio ad spending fell more than 10% in the 2001 downturn that followed the bursting of the internet bubble, 25% in the 2008-2009 financial crisis, and 25% in the early 2020 slide tied to the onset of the Covid-19 pandemic.
Guggenheim
$16.00
Buy
105.13%
Upside
Reiterated
iHeartMedia (IHRT) PT Lowered to $16 at GuggenheimGuggenheim analyst Curry Baker lowered the price target on iHeartMedia (NASDAQ: IHRT) to $16.00 (from $28.00) while maintaining a Buy rating.
Bank of America Securities
$10.00
Hold
28.21%
Upside
Downgraded
BofA Securities downgrades iHeartMedia (IHRT) to NeutralBofA Securities analyst Jessica Reif Ehrlich downgraded iHeartMedia (NASDAQ: IHRT) from Buy to Neutral with a price target of $10.00 (from $30.00).
B.Riley Financial
$36.00
Buy
361.54%
Upside
Reiterated
iHeartMedia (IHRT) PT Lowered to $36 at B.RileyB.Riley analyst Daniel Day lowered the price target on iHeartMedia (NASDAQ: IHRT) to $36.00 (from $40.00) while maintaining a Buy rating.
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IHRT Financial Forecast

IHRT Earnings Forecast
Next quarter’s earnings estimate for IHRT is $0.45 with a range of $0.31 to $0.57. The previous quarter’s EPS was -$2.09. IHRT beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.75% of the time in the same period. In the last calendar year IHRT has Underperformed its overall industry.
Next quarter’s earnings estimate for IHRT is $0.45 with a range of $0.31 to $0.57. The previous quarter’s EPS was -$2.09. IHRT beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.75% of the time in the same period. In the last calendar year IHRT has Underperformed its overall industry.
IHRT Sales Forecast
Next quarter’s sales forecast for IHRT is $1.11B with a range of $1.10B to $1.12B. The previous quarter’s sales results were $988.93M. IHRT beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 64.79% of the time in the same period. In the last calendar year IHRT has Outperformed its overall industry.
Next quarter’s sales forecast for IHRT is $1.11B with a range of $1.10B to $1.12B. The previous quarter’s sales results were $988.93M. IHRT beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 64.79% of the time in the same period. In the last calendar year IHRT has Outperformed its overall industry.
IHRT Analyst Recommendation Trends
In the current month, IHRT has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The IHRT average analyst price target in the past 3 months is $9.75
In the current month, IHRT has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The IHRT average analyst price target in the past 3 months is $9.75

IHRT Stock Forecast FAQ

What is IHRT’s average 12-month price target, according to analysts?
Based on analyst ratings, iHeartMedia’s 12-month average price target is $9.75.
    What is IHRT’s upside potential, based on the analysts’ average price target?
    iHeartMedia has 25.00% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is IHRT a Buy, Sell or Hold?
          iHeartMedia has a conensus rating of Hold which is based on 1 buy ratings, 1 hold ratings and 1 sell ratings.
            What is iHeartMedia’s price target?
            The average price target for iHeartMedia is $9.75. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $13.00 ,the lowest forecast is $8.00. The average price target represents 25.00% Increase from the current price of $7.8.
              What do analysts say about iHeartMedia?
              iHeartMedia’s analyst rating consensus is a ‘Hold. This is based on the ratings of 3 Wall Streets Analysts.

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