iHeartMedia, Inc (IHRT) AI Stock Analysis

NASDAQ: IHRTAI research summary: business, growth, valuation, analysts, bull and bear case.

IHRT AI stock analysis summary

AI Research

iHeartMedia, Inc (IHRT) operates broadcast radio networks, digital audio services, and media representation software. The company continues to generate losses, reporting a net margin of -12.2% in FY2025 alongside a net debt burden of $5.59B. Over the trailing twelve months, revenue reached $3.99B while negative shareholders' equity stood at -$2.01B as of June 30, 2026.

Market cap
$253.9M
Revenue (TTM)
$3.99B
P/E
—
fwd 41.5x
1Y return
-39.3%
S&P 500 16.8%
Avg. target
$3.62
121.0% vs last close

Bull case

  • Quarterly revenue grew 4.7% year-over-year in the quarter ended June 30, 2026, alongside a 153.1% rebound in quarterly earnings growth.
  • FY2025 operating margin recovered to 5.0% after contracting to -21.3% in FY2023.
  • Analyst estimates model EPS improving from -$0.50 in FY2026 to $0.01 in the following fiscal year.

Bear case

  • The balance sheet is heavily leveraged with $5.76B in total debt and negative shareholders' equity of -$2.01B as of June 30, 2026.
  • Net income remained deeply negative at -$472.9M in FY2025, following a loss of -$1.01B in FY2024.
  • The company delivered 0 EPS beats over the last 4 quarters, contributing to a 5-year return of -92.6%.

What iHeartMedia does

iHeartMedia, Inc. operates globally across three distinct segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group includes a large network of broadcast radio stations, syndicated radio programs via Premiere Networks, live and virtual events, and sponsorships, reaching audiences through traffic, weather, sports, and news programming. The Digital Audio Group expands the company's footprint through podcasting, newsletters, and the iHeartRadio app and web platform, which offers access to radio streams and artist-centric channels. The Audio & Media Services Group delivers media representation and broadcast software tools, including music scheduling and newsroom management, serving broadcast stations and agencies globally.

Growth and profitability

Revenue increased from $3.56B in FY2021 to $3.86B in FY2025, reflecting a 5-year revenue CAGR of 5.6%. However, net losses persisted throughout this span, landing at -$159.2M in FY2021, -$1.10B in FY2023, and -$472.9M in FY2025. Gross margin declined from 62.8% in FY2021 to 58.3% in FY2025, while operating margin rebounded to 5.0% in FY2025 after falling to -21.3% in FY2023. Over the trailing twelve months ending June 30, 2026, revenue was $3.99B with a profit margin of -7.2% and EPS of -$1.82. In the quarter ended June 30, 2026, quarterly revenue grew 4.7% year-over-year, and quarterly earnings grew 153.1%.

IHRT income statement →

Balance sheet and cash flow

As of June 30, 2026, iHeartMedia held $174.4M in cash and short-term investments against $5.76B in total debt, resulting in net debt of $5.59B. Shareholders' equity was -$2.01B, and total assets stood at $4.85B with a current ratio of 1.41. In FY2025, the company generated $92.6M in operating cash flow and $10.9M in free cash flow, while spending $81.7M on capital expenditures. Dividends paid in FY2025 totaled $1.6M, and the share count grew 10.9% over five years.

IHRT balance sheet →

Valuation and performance

iHeartMedia trades at a forward P/E of 41.5x, well above the 14.1x median of its US-listed Communication Services peers. Its EV/EBITDA stands at 19.2x compared to the peer median of 10.0x, while its price-to-sales multiple is 0.1x versus the peer median of 0.8x. Over the past year, IHRT shares fell 39.3%, underperforming the S&P 500 (SPY) return of 16.8%. Over a five-year period, the stock declined 92.6%, while the S&P 500 gained 83.0%.

IHRT key metrics →

What analysts expect

Wall Street coverage includes 0 Strong Buy, 0 Buy, 2 Hold, 1 Sell, and 1 Strong Sell ratings. The mean price target is $3.62, which is 121.0% above the last close of $1.64. For the fiscal year ending December 31, 2026, analysts estimate an EPS of -$0.50 on revenue of $4.14B. For the following fiscal year, 4 analysts forecast EPS of $0.01 and revenue of $4.14B. The company recorded 0 EPS beats over the last 4 quarters, and the next earnings date is November 9, 2026.

IHRT forecast and price target →

Key risks and what to watch

  • A heavy net debt position of $5.59B poses solvency pressure against a modest cash reserve of $174.4M.
  • Persistent unprofitability is highlighted by a trailing twelve-month profit margin of -7.2% and EPS of -$1.82.
  • Revenue growth remains low, slowing to 0.3% in FY2025 with consensus projecting -0.2% growth for the next fiscal year.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this IHRT AI stock analysis

This page is an AI-written research summary of iHeartMedia, Inc (IHRT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 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: IHRT income statement, IHRT balance sheet, IHRT key metrics, IHRT analyst forecast, IHRT chart. See the IHRT stock overview for the latest quote and news.

IHRT AI stock analysis FAQ

What was iHeartMedia's revenue and net income in FY2025?

In FY2025, iHeartMedia reported revenue of $3.86B, representing 0.3% annual growth, and a net loss of -$472.9M.

How much debt does iHeartMedia hold?

As of June 30, 2026, iHeartMedia carried $5.76B in total debt and $174.4M in cash, leaving net debt at $5.59B alongside negative shareholders' equity of -$2.01B.

What is the consensus analyst target for IHRT stock?

Analysts have an average price target of $3.62, representing a 121.0% upside compared to the October 16, 2026 close of $1.64. Rating counts consist of 2 Holds, 1 Sell, and 1 Strong Sell.

When is iHeartMedia's next earnings report?

The company's next earnings report is scheduled for November 9, 2026.

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