Clear Channel Outdoor Holdings, Inc (CCO) AI Stock Analysis
CCO AI stock analysis summary
AI ResearchClear Channel Outdoor Holdings, Inc (CCO) is an outdoor advertising company operating displays across the Americas and Europe. The company generated $1.68B in trailing twelve month revenue, but continues to carry significant leverage with net debt of $6.28B as of June 30, 2026. While FY2025 revenue grew 6.6% to $1.60B and free cash flow turned positive to $32.0M, trailing twelve month net margin remains negative at -6.3%.
- Market cap
- $1.23B
- Revenue (TTM)
- $1.68B
- P/E
- — fwd 114.9x
- 1Y return
- 79.3% S&P 500 17.5%
- Avg. target
- $2.43 0.4% vs last close
Bull case
- Revenue expanded 6.6% in FY2025 to $1.60B, followed by 8.7% year-over-year quarterly revenue growth in the period ended June 30, 2026.
- Free cash flow turned positive in FY2025 at $32.0M, improving from -$62.6M in FY2024.
- The stock gained 79.3% over the trailing one-year period, outperforming the S&P 500 return of 17.5%.
Bear case
- The balance sheet carries $6.47B in total debt and negative shareholders' equity of -$3.46B as of June 30, 2026.
- Trailing twelve month net profit margin is negative at -6.3% with an EPS of -$0.23.
- Valuation multiples are elevated, with a forward P/E of 114.9x compared to the peer median of 14.1x.
What Clear Channel Outdoor does
Clear Channel Outdoor Holdings, Inc. is an advertising company founded in 1901 and headquartered in San Antonio, Texas. It operates two main reporting segments: Americas and Europe. In the Americas, the company provides out-of-home advertising displays including bulletins, posters, transit ads on vehicles and systems, street furniture like bus shelters and information kiosks, spectaculars with video and mechanical elements, and building wallscapes, alongside cleaning, maintenance, and production services. In Europe, the company maintained approximately 430,000 displays as of December 31, 2021, covering billboards, transit displays, and street furniture.
Growth and profitability
Clear Channel Outdoor reported trailing twelve month revenue of $1.68B and an operating margin of 21.4%, with quarterly revenue rising 8.7% year-over-year in the period ended June 30, 2026. However, quarterly earnings fell 75.8% year-over-year, and trailing twelve month net margin was -6.3% with an EPS of -$0.23. Annual revenue moved from $1.77B in FY2021 down to $1.38B in FY2022, before rising to $1.43B in FY2023, $1.51B in FY2024, and $1.60B in FY2025. Net income was negative across all five years, including -$104.6M in FY2025, although FY2025 EPS was $0.08 and free cash flow reached $32.0M.
Balance sheet and cash flow
As of June 30, 2026, Clear Channel Outdoor held $193.8M in cash and short-term investments against total debt of $6.47B, resulting in net debt of $6.28B. Total assets stood at $3.76B, while shareholders' equity was -$3.46B. The company recorded a current ratio of 1.25. In FY2025, operating cash flow was $114.9M and capital expenditures were $82.9M. Over the past five years, the company's share count increased 4.6%.
Valuation and performance
At a share price of $2.42, Clear Channel Outdoor has a market capitalization of $1.23B and an enterprise value of $7.47B. The stock trades at a forward P/E of 114.9x, above the 14.1x median of its US-listed Communication Services peers. Its EV to EBITDA ratio is 16.8x compared to the peer median of 10.0x, while its price-to-sales ratio is 0.7x versus the peer median of 0.8x. Over the past year, CCO shares returned 79.3%, outperforming the S&P 500 return of 17.5%, but have delivered a five-year return of -12.0% against an 86.0% return for the benchmark.
What analysts expect
Analysts have a mean price target of $2.43 on Clear Channel Outdoor, representing a 0.4% premium over the last close of $2.42. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $1.72B and an EPS of -$0.06. For the following fiscal year, one analyst projects revenue of $1.77B and an EPS of $0.00. Over the last four quarters, the company beat EPS estimates in 1 quarter. The next earnings report is scheduled for November 5, 2026.
Key risks and what to watch
- Total debt of $6.47B significantly exceeds cash and short-term investments of $193.8M.
- Quarterly earnings fell 75.8% year-over-year in the quarter ended June 30, 2026.
- The stock has a beta of 2.02, reflecting high volatility relative to the broader market.
- Short interest represents 11.7% of the float, indicating substantial short positioning.
AI-generated research summary. Written with AI from Quotelinks data as of October 14, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this CCO AI stock analysis
This page is an AI-written research summary of Clear Channel Outdoor Holdings, Inc (CCO). The text was generated on October 30, 2026 from Quotelinks data as of October 14, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: CCO income statement, CCO balance sheet, CCO key metrics, CCO analyst forecast, CCO chart. See the CCO stock overview for the latest quote and news.
CCO AI stock analysis FAQ
Does Clear Channel Outdoor pay a dividend?
Clear Channel Outdoor does not currently pay a dividend according to its financial reports.
What is Clear Channel Outdoor's debt level?
As of June 30, 2026, Clear Channel Outdoor had total debt of $6.47B and net debt of $6.28B, with $193.8M in cash and short-term investments.
What is the consensus analyst target price for CCO stock?
The mean analyst price target is $2.43, which is 0.4% above its closing price of $2.42 on October 14, 2026.
When does Clear Channel Outdoor report earnings next?
The company's next earnings date is scheduled for November 5, 2026.