FY2026 EPS Estimates for iHeartMedia Lowered by Analyst

iHeartMedia, Inc. (NASDAQ:IHRT) – Barrington Research cut their FY2026 earnings per share estimates for iHeartMedia in a report issued on Friday, February 28th. Barrington Research analyst P. Sholl now anticipates that the company will earn $0.45 per share for the year, down from their previous forecast of $0.59. Barrington Research currently has a “Hold” rating on the stock. The consensus estimate for iHeartMedia’s current full-year earnings is ($0.13) per share. Barrington Research also issued estimates for iHeartMedia’s Q4 2026 earnings at $0.55 EPS and FY2027 earnings at $0.04 EPS.

A number of other research analysts have also recently commented on IHRT. Bank of America raised iHeartMedia from an “underperform” rating to a “neutral” rating and increased their target price for the company from $1.00 to $3.00 in a research note on Tuesday, November 12th. Guggenheim increased their target price on shares of iHeartMedia from $3.00 to $5.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th.

iHeartMedia Stock Performance

iHeartMedia stock opened at $1.57 on Monday. The stock has a market cap of $230.91 million, a P/E ratio of -0.23 and a beta of 1.73. iHeartMedia has a fifty-two week low of $0.81 and a fifty-two week high of $2.84. The firm’s fifty day moving average price is $2.15 and its 200-day moving average price is $2.02.

Institutional Investors Weigh In On iHeartMedia

A number of institutional investors have recently made changes to their positions in IHRT. FMR LLC raised its holdings in shares of iHeartMedia by 25.2% during the third quarter. FMR LLC now owns 22,879 shares of the company’s stock valued at $42,000 after purchasing an additional 4,598 shares during the last quarter. Mariner LLC increased its stake in shares of iHeartMedia by 4.5% in the fourth quarter. Mariner LLC now owns 122,374 shares of the company’s stock worth $242,000 after purchasing an additional 5,269 shares in the last quarter. SG Americas Securities LLC grew its position in shares of iHeartMedia by 26.6% during the fourth quarter. SG Americas Securities LLC now owns 45,648 shares of the company’s stock worth $90,000 after purchasing an additional 9,592 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of iHeartMedia by 51.5% during the fourth quarter. ProShare Advisors LLC now owns 29,588 shares of the company’s stock worth $59,000 after acquiring an additional 10,061 shares during the last quarter. Finally, Virtu Financial LLC lifted its position in shares of iHeartMedia by 93.3% in the fourth quarter. Virtu Financial LLC now owns 30,010 shares of the company’s stock worth $59,000 after buying an additional 14,485 shares in the last quarter. Hedge funds and other institutional investors own 93.89% of the company’s stock.

iHeartMedia Company Profile

iHeartMedia, Inc operates as an audio media company in the United States and internationally. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship and events, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents syndicated radio programs and services to radio station affiliates.