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The latest announcement is out from Gray Television ( (GTN) ).
On June 2, 2025, Gray Media announced the renewal of 52 out of its 53 CBS network affiliations in an agreement with CBS, a subsidiary of Paramount Global. Effective August 16, 2025, Gray’s Atlanta station WANF will discontinue its CBS affiliation to become an independent station focusing on the Atlanta market. This strategic move may impact Gray’s operations by allowing it to tailor content specifically for the Atlanta audience, potentially strengthening its market position in the region.
The most recent analyst rating on (GTN) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Gray Television stock, see the GTN Stock Forecast page.
Spark’s Take on GTN Stock
According to Spark, TipRanks’ AI Analyst, GTN is a Outperform.
The overall stock score of 71 reflects a balanced outlook with strong valuation and technical indicators. Despite solid financial performance, high leverage and macroeconomic challenges highlighted in the earnings call temper enthusiasm.
To see Spark’s full report on GTN stock, click here.
More about Gray Television
Gray Media, Inc. is a multimedia company based in Atlanta, Georgia, recognized as the largest owner of top-rated local television stations and digital assets in the United States, reaching approximately 37 percent of US television households. The company operates in 113 television markets, with a significant presence in Telemundo Affiliates and digital marketing services through Gray Digital Media. Additionally, Gray owns video production companies and studio facilities.
Average Trading Volume: 1,583,197
Technical Sentiment Signal: Sell
Current Market Cap: $450.2M
Learn more about GTN stock on TipRanks’ Stock Analysis page.