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Cumulus Media - CMLS Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $9.50
  • Forecasted Upside: 255.81%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$2.67 As of 04/24/2024 03:51 PM ET
▼ -0.03 (-1.11%)

This chart shows the closing price for CMLS by one month, three months, or twelve months.

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Analyst Price Target for CMLS

Analyst Price Target is $9.50
▲ +255.81% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Cumulus Media in the last 3 months. The average price target is $9.50, with a high forecast of $11.00 and a low forecast of $8.00. The average price target represents a 255.81% upside from the last price of $2.67.

This chart shows the closing price for CMLS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 contributing investment analysts is to hold stock in Cumulus Media. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/1/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/24/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/28/2024Barrington ResearchDowngradeOutperform ➝ Market PerformLow
2/28/2024Noble FinancialReiterated RatingOutperform ➝ Market PerformLow
2/27/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$8.00Low
7/31/2023B. RileyBoost TargetBuy$10.00 ➝ $11.00Low
7/31/2023Barrington ResearchReiterated RatingOutperform ➝ Outperform$8.00Low
4/28/2023B. RileyLower Target$16.00 ➝ $10.00Low
2/27/2023Barrington ResearchLower TargetOutperform$14.00 ➝ $11.00Low
11/1/2022Noble FinancialLower Target$20.00Low
10/31/2022Barrington ResearchReiterated RatingBuy$14.00Low
10/14/2022B. RileyBoost TargetBuy$23.00 ➝ $25.00Low
8/11/2022Barrington ResearchLower Target$21.00 ➝ $17.00Low
5/5/2022Barrington ResearchInitiated CoverageOutperform$21.00Medium
2/24/2022B. RileyBoost Target$23.00 ➝ $26.00High
9/24/2021B. RileyBoost TargetSell ➝ Buy$22.00 ➝ $28.00High
9/21/2021Noble FinancialReiterated RatingBuy$27.00High
5/27/2021B. RileyBoost TargetReduce ➝ Buy$14.00 ➝ $18.00Low
5/6/2021B. RileyUpgradeNeutral ➝ Buy$14.00High
4/20/2021B. RileyReiterated RatingNeutralHigh
8/12/2020Noble FinancialReiterated RatingBuyHigh
6/2/2020Noble FinancialReiterated RatingBuy$10.00Low
4/7/2020B. RileyLower TargetNeutral$12.00 ➝ $4.00Medium
3/18/2020B. RileyLower TargetNeutral$19.00 ➝ $12.00High
11/13/2019Noble FinancialReiterated RatingBuy$26.00Medium
8/21/2019B. RileySet TargetHold$19.00High
8/9/2019Noble FinancialReiterated RatingBuy$26.00Low
5/10/2019Noble FinancialSet TargetBuy$26.00Low
5/7/2019B. RileyInitiated CoverageNeutral ➝ Neutral$20.00 ➝ $20.00Medium
(Data available from 4/24/2019 forward)

News Sentiment Rating

0.30 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2023
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2023
  • 1 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2023
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2024
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2024
  • 2 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/25/2024
  • 3 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024

Current Sentiment

  • 3 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Cumulus Media logo
Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates stations in various markets, as well as affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, AP News, the Academy of Country Music Awards, and other partners. In addition, the company provides digital marketing services, such as email marketing, geo-targeted display and video solutions, website and microsite building, hosting, social media management, reputation and listing management, and search engine marketing and optimization; influencers, audio solutions, research and insights, and live event services; and advertising performance guarantee services. The company serves advertisers through broadcast and on-demand digital, mobile, social, and voice-activated platforms. Cumulus Media Inc. was founded in 2002 and is based in Atlanta, Georgia.
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Today's Range

Now: $2.67
Low: $2.64
High: $2.75

50 Day Range

MA: $3.47
Low: $2.70
High: $4.70

52 Week Range

Now: $2.67
Low: $2.57
High: $6.59

Volume

16,378 shs

Average Volume

68,898 shs

Market Capitalization

$44.51 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.49

Frequently Asked Questions

What sell-side analysts currently cover shares of Cumulus Media?

The following Wall Street sell-side analysts have issued research reports on Cumulus Media in the last year: B. Riley, Barrington Research, Noble Financial, and StockNews.com.
View the latest analyst ratings for CMLS.

What is the current price target for Cumulus Media?

2 Wall Street analysts have set twelve-month price targets for Cumulus Media in the last year. Their average twelve-month price target is $9.50, suggesting a possible upside of 255.8%. B. Riley has the highest price target set, predicting CMLS will reach $11.00 in the next twelve months. Barrington Research has the lowest price target set, forecasting a price of $8.00 for Cumulus Media in the next year.
View the latest price targets for CMLS.

What is the current consensus analyst rating for Cumulus Media?

Cumulus Media currently has 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CMLS, but not buy more shares or sell existing shares.
View the latest ratings for CMLS.

What other companies compete with Cumulus Media?

Other companies that are similar to Cumulus Media include Entercom Communications, Emmis Communications, Beasley Broadcast Group, Salem Media Group and Urban One. Learn More about companies similar to Cumulus Media.

How do I contact Cumulus Media's investor relations team?

Cumulus Media's physical mailing address is 3280 PEACHTREE ROAD NW SUITE 2200, ATLANTA GA, 30305. The company's listed phone number is (404) 949-0700 and its investor relations email address is [email protected]. The official website for Cumulus Media is www.cumulus.com. Learn More about contacing Cumulus Media investor relations.