iHeartMedia Inc has a consensus price target of $4.69 based on the ratings of 9 analysts. The high is $9 issued by Goldman Sachs on August 10, 2022. The low is $1 issued by Goldman Sachs on May 13, 2024. The 3 most-recent analyst ratings were released by Guggenheim, B of A Securities, and B of A Securities on November 19, 2024, November 12, 2024, and June 3, 2024, respectively. With an average price target of $3 between Guggenheim, B of A Securities, and B of A Securities, there's an implied 31.00% upside for iHeartMedia Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for iHeartMedia (NASDAQ:IHRT) was reported by Guggenheim on November 19, 2024. The analyst firm set a price target for $5.00 expecting IHRT to rise to within 12 months (a possible 118.34% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for iHeartMedia (NASDAQ:IHRT) was provided by Guggenheim, and iHeartMedia maintained their buy rating.
The last upgrade for iHeartMedia Inc happened on November 12, 2024 when B of A Securities raised their price target to $3. B of A Securities previously had an underperform for iHeartMedia Inc.
The last downgrade for iHeartMedia Inc happened on March 28, 2023 when B of A Securities changed their price target from $6.5 to $4 for iHeartMedia Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of iHeartMedia, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for iHeartMedia was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest iHeartMedia (IHRT) rating was a maintained with a price target of $3.00 to $5.00. The current price iHeartMedia (IHRT) is trading at is $2.29, which is out of the analyst’s predicted range.
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