NASDAQ:IHRT - iHeartMedia Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $18.25
  • Forecasted Upside: -6.98 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$19.62
▲ +0.17 (0.87%)
1 month | 3 months | 12 months
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Analyst Price Target for IHRT

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$18.25
▼ -6.98% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for iHeartMedia in the last 3 months. The average price target is $18.25, with a high forecast of $26.00 and a low forecast of $10.00. The average price target represents a -6.98% upside from the last price of $19.62.
Buy
The current consensus among 8 polled investment analysts is to buy stock in iHeartMedia. This rating has held steady since August 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/30/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/28/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/27/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/22/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/22/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/20/2021B. RileyReiterated RatingBuyMedium
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Rating by D. Day at B. Riley
4/19/2021Bank of AmericaUpgradeNeutral ➝ Buy$26.00N/A
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4/13/2021Morgan StanleyBoost Price TargetEqual Weight$14.00 ➝ $20.00N/A
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4/13/2021Bank of AmericaUpgradeUnderperform ➝ Buy$26.00High
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4/7/2021Morgan StanleyBoost Price TargetEqual Weight$14.00 ➝ $20.00High
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3/31/2021Wolfe ResearchUpgradePeer Perform ➝ Outperform$24.00Low
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3/25/2021Wolfe ResearchUpgradePeer Perform ➝ Outperform$24.00High
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3/22/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$13.00 ➝ $17.00Low
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3/16/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$13.00 ➝ $17.00High
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2/25/2021Morgan StanleyBoost Price TargetEqual Weight$11.00 ➝ $14.00High
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2/3/2021B. RileyReiterated RatingBuy$17.00Low
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1/19/2021Wells Fargo & CompanyBoost Price TargetOverweight$14.00 ➝ $20.00Medium
i
12/18/2020Bank of AmericaDowngradeNeutral ➝ Underperform$12.00 ➝ $10.00N/A
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Rating by Jessica Reif Cohen at Bank of America Co.
11/18/2020Morgan StanleyBoost Price TargetEqual Weight$9.00 ➝ $11.00Medium
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7/24/2020B. RileyBoost Price Target$8.50 ➝ $11.00N/A
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7/21/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$8.00N/A
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7/1/2020Bank of AmericaDowngradeBuy ➝ Neutral$10.00N/A
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6/22/2020Morgan StanleyBoost Price TargetEqual Weight$8.00 ➝ $9.00N/A
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5/14/2020Barrington ResearchReiterated RatingBuy$12.00N/A
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Rating by James Goss at Barrington Research
5/6/2020Morgan StanleyLower Price TargetEqual Weight$17.00 ➝ $8.00N/A
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4/23/2020GuggenheimLower Price TargetBuy$21.50 ➝ $10.00N/A
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Rating by Currey Baker at Guggenheim
4/15/2020Barrington ResearchLower Price TargetOutperform$20.00 ➝ $12.00N/A
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Rating by James Goss at Barrington Research
4/7/2020B. RileyLower Price TargetBuy$17.00 ➝ $8.50N/A
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Rating by Zachary Silver at B. Riley
4/2/2020Wolfe ResearchDowngradeOutperform ➝ Market PerformN/A
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4/1/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$21.00 ➝ $8.00N/A
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3/18/2020B. RileyLower Price TargetBuy$23.00 ➝ $17.00N/A
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Rating by Zachary Silver at B. Riley
3/6/2020Barrington ResearchReiterated RatingBuy$20.00N/A
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Rating by James Goss at Barrington Research
2/28/2020Barrington ResearchReiterated RatingBuy$20.00N/A
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2/19/2020GuggenheimInitiated CoverageBuy$21.50N/A
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1/28/2020B. RileyUpgradeNeutral ➝ BuyLow
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Rating by Z. Silver at B. Riley
11/14/2019Barrington ResearchReiterated RatingBuy$18.00N/A
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11/4/2019Barrington ResearchReiterated RatingOutperform$18.00Low
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Rating by J. Goss at Barrington Research
11/4/2019Barrington ResearchInitiated CoverageOutperform$18.00N/A
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10/15/2019The Goldman Sachs GroupInitiated CoverageNeutral$15.00N/A
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9/23/2019Wells Fargo & CompanyInitiated CoverageOutperform$21.00N/A
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9/19/2019Wolfe ResearchInitiated CoverageOutperform$20.00N/A
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9/19/2019B. RileyInitiated CoverageNeutral$17.00N/A
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9/18/2019B. RileyReiterated RatingNeutralHigh
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Rating by Z. Silver at B. Riley
8/26/2019Morgan StanleyInitiated CoverageEqual ➝ Equal Weight$15.00 ➝ $15.00N/A
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8/14/2019Bank of AmericaInitiated CoverageBuy ➝ Buy$22.00N/A
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8/2/2019JPMorgan Chase & Co.Initiated CoverageOverweight ➝ Overweight$21.00N/A
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(Data available from 4/22/2016 forward)
iHeartMedia logo
iHeartMedia, Inc. operates as a media and entertainment company worldwide. It operates through two segments, Audio, and Audio & Media Services. The Audio segment offers broadcast radio, digital, mobile, podcasts, social, program syndication, traffic, weather, news and sports data distribution, and on-demand entertainment, as well as live events, including mobile platforms and products; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,500 radio station affiliates. It also delivers real-time traffic and incident information, and weather updates, sports, and news through approximately 2,100 radio stations and 170 television affiliates, and Internet and mobile partnerships. As of December 31, 2020, this segment owned 858 radio stations, which included 244 AM and 614 FM radio stations. The Audio and Media Services segment engages in the media representation business. This segment also provides broadcast and webcast software, such as radio station automation, music scheduling, HD2 solutions, newsroom software, audio logging and archiving, single station automation, and contest tracking software; and real-time audio recognition technology to approximately 9,000 radio stations, television music channels, cable companies, satellite music networks, and Internet stations. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. is headquartered in San Antonio, Texas.
Read More

Today's Range

Now: $19.62
$19.35
$19.79

50 Day Range

MA: $17.64
$15.10
$19.79

52 Week Range

Now: $19.62
$5.61
$20.31

Volume

497,587 shs

Average Volume

1,204,313 shs

Market Capitalization

$2.75 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.36

Frequently Asked Questions

What sell-side analysts currently cover shares of iHeartMedia?

The following Wall Street research analysts have issued reports on iHeartMedia in the last twelve months: B. Riley, Bank of America Co., Barrington Research, Guggenheim, JPMorgan Chase & Co., Morgan Stanley, Wells Fargo & Company, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for IHRT.

What is the current price target for iHeartMedia?

8 Wall Street analysts have set twelve-month price targets for iHeartMedia in the last year. Their average twelve-month price target is $18.25, suggesting a possible downside of 6.5%. Bank of America Co. has the highest price target set, predicting IHRT will reach $26.00 in the next twelve months. Guggenheim has the lowest price target set, forecasting a price of $10.00 for iHeartMedia in the next year.
View the latest price targets for IHRT.

What is the current consensus analyst rating for iHeartMedia?

iHeartMedia currently has 2 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe IHRT will outperform the market and that investors should add to their positions of iHeartMedia.
View the latest ratings for IHRT.

What other companies compete with iHeartMedia?

How do I contact iHeartMedia's investor relations team?

The company's listed phone number is 210-822-2828. The official website for iHeartMedia is www.iheartmedia.com.