MediaCo Holding Inc. (MDIA) AI Stock Analysis

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

MDIA AI stock analysis summary

AI Research

MediaCo Holding Inc. (MDIA) operates radio broadcasting assets in the New York City market alongside an outdoor advertising network across multiple states. The company expanded revenue to $133.3M in FY2025, but posted a net income of -$66.7M. MediaCo operates with high financial leverage, holding $109.8M in total debt against $1.8M in cash as of June 30, 2026.

Market cap
$90.7M
Revenue (TTM)
$139.4M
P/E
—
1Y return
-10.7%
S&P 500 16.8%
Avg. target
—

Bull case

  • Full-year FY2025 revenue grew 39.5% to $133.3M, supported by a 5-year revenue CAGR of 27.7%.
  • MediaCo generated positive free cash flow of $1.2M and operating cash flow of $2.0M in FY2025.
  • The stock trades at an EV to EBITDA multiple of 3.9x, lower than the US-listed Communication Services peer median of 10.0x.

Bear case

  • The company recorded a net income of -$66.7M and an operating margin of -18.5% in FY2025.
  • MediaCo carries $109.8M in total debt against just $1.8M in cash and short-term investments as of June 30, 2026.
  • The 5-year share count change shows dilution of 1046.9%, contributing to a 5-year stock decline of 85.8%.

What MediaCo does

Headquartered in New York, New York, MediaCo Holding Inc. is a player in the U.S. radio and outdoor advertising sectors. Established in 2019 as a subsidiary of Emmis Communications Corporation, the company operates two segments: Radio and Outdoor Advertising. The Radio segment manages WQHT-FM and WBLS-FM, serving the New York City area with diverse programming. Its Outdoor Advertising segment maintains an extensive network of approximately 3,500 displays, including bulletins, posters, and digital billboards across states including Georgia, Alabama, South Carolina, Florida, Kentucky, West Virginia, and Ohio. The company also provides digital advertising solutions and event sponsorship services.

Growth and profitability

MediaCo Holding Inc. expanded its top line over recent years, delivering a 5-year revenue CAGR of 27.7% from FY2020 to FY2025. Revenue rose from $41.7M in FY2021 to $95.6M in FY2024 and reached $133.3M in FY2025, marking 39.5% growth. Despite reaching a 100.0% gross margin in FY2025, the company posted an operating margin of -18.5% and a net income of -$66.7M, resulting in an EPS of -$0.84. In the trailing twelve months, revenue reached $139.4M, accompanied by an operating margin of -13.7% and a profit margin of -48.9%. For the latest quarter ended June 30, 2026, quarterly revenue grew 8.7% year-over-year.

MDIA income statement →

Balance sheet and cash flow

As of June 30, 2026, MediaCo Holding Inc. held $1.8M in cash and short-term investments compared to $109.8M in total debt, yielding net debt of $108.0M and total assets of $272.0M. The company shows constrained liquidity with a current ratio of 0.22 and a debt-to-equity ratio of 3.83 on shareholders' equity of $28.6M. In FY2025, operating cash flow turned positive to $2.0M, supporting free cash flow of $1.2M alongside capital expenditures of $774,000. Over five years, the company's share count increased by 1046.9%.

MDIA balance sheet →

Valuation and performance

MediaCo Holding Inc. has a market capitalization of $90.7M and an enterprise value of $200.4M. Its price-to-sales multiple is 0.7x, compared to 0.8x for the median of its US-listed Communication Services peers. The enterprise value to EBITDA ratio sits at 3.9x, below the peer median of 10.0x. Over the past year, the stock dropped 10.7%, trailing the S&P 500 (SPY) return of 16.8%. Over a 5-year period, the stock declined 85.8% while the S&P 500 gained 83.0%. Year-to-date, the stock has gained 86.2%.

MDIA key metrics →

What analysts expect

Wall Street analyst coverage for MediaCo Holding Inc. is minimal, with no published consensus price targets, earnings forecasts, or buy and sell recommendations. The company's next earnings report date is scheduled for November 18, 2026. Institutional investors hold 90.4% of the shares, while insider ownership accounts for 0.4%, and short interest represents 0.5% of the float.

Key risks and what to watch

  • A low current ratio of 0.22 as of June 30, 2026 indicates immediate liquidity constraints relative to short-term obligations.
  • Total debt of $109.8M creates significant leverage, reflected in a debt-to-equity ratio of 3.83.
  • Trailing twelve months return on equity is -108.4% and profit margin is -48.9%, reflecting ongoing unprofitability.

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 MDIA AI stock analysis

This page is an AI-written research summary of MediaCo Holding Inc. (MDIA). 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: MDIA income statement, MDIA balance sheet, MDIA key metrics, MDIA chart. See the MDIA stock overview for the latest quote and news.

MDIA AI stock analysis FAQ

What does MediaCo Holding Inc. do?

MediaCo Holding Inc. operates radio stations WQHT-FM and WBLS-FM in the New York City area and manages approximately 3,500 outdoor advertising displays across several states.

How much debt does MediaCo carry?

As of June 30, 2026, MediaCo had $109.8M in total debt and $1.8M in cash and short-term investments, resulting in net debt of $108.0M and a debt-to-equity ratio of 3.83.

Does MediaCo Holding Inc. pay a dividend?

The company does not pay a dividend.

When will MediaCo report its next earnings?

The company is scheduled to report its next earnings on November 18, 2026.

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