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iHeartMedia ( (IHRT) ) just unveiled an update.
On May 30, 2025, iHeartMedia, Inc. announced a transition in its accounting leadership, with Scott Hamilton moving to a consulting role effective June 2, 2025, and Michael B. McGuinness appointed as the new principal accounting officer on June 5, 2025. This change was not due to any disputes or disagreements within the company, ensuring a smooth transition in its financial leadership.
The most recent analyst rating on (IHRT) stock is a Hold with a $1.60 price target. To see the full list of analyst forecasts on iHeartMedia stock, see the IHRT Stock Forecast page.
Spark’s Take on IHRT Stock
According to Spark, TipRanks’ AI Analyst, IHRT is a Neutral.
iHeartMedia’s overall stock score reflects significant financial challenges marked by high leverage and negative equity. While there is growth in digital segments, the negative valuation and ongoing operating losses overshadow these positive aspects. Technical indicators show moderate market sentiment, but the financial health remains a critical concern.
To see Spark’s full report on IHRT stock, click here.
More about iHeartMedia
iHeartMedia, Inc. operates in the media industry, primarily focusing on broadcasting and digital media services. The company is known for its extensive radio network and digital platforms, catering to a wide audience across various markets.
Average Trading Volume: 797,782
Technical Sentiment Signal: Sell
Current Market Cap: $188.3M
See more data about IHRT stock on TipRanks’ Stock Analysis page.