Clear Channel Outdoor (CCO) AI Stock Analysis

• Market Cap: $1.02B
• Dividend Yield: N/A
• Average Volume (3M): 2.43M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.81
• Revenue Growth: -29.67%
• EPS Growth: 30.13%
• Country: US
• Employees: 4,100
• Sector: Communication Services
• Sector Strength: 97
• Industry: Advertising Agencies
• EPS (TTM): -0.12
• Shares Outstanding: 497,305,180
• 10 Day Avg. Volume: 3,085,206
• 30 Day Avg. Volume: 2,433,820
• PEG Ratio: 0.09
• Price to Book (P/B): -0.18
• Price to Sales (P/S): 0.45
• P/FCF Ratio: -10.69
• Enterprise Value/Market Cap: 6.93
• Enterprise Value/Revenue: 4.52
• Enterprise Value/Gross Profit: 8.46
• Enterprise Value/Ebitda: 17.76
• 1Y Price Target: $24.85
• Price Target Upside: 1112.20% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: $2.00 ▼(-2.44% Downside)

Clear Channel Outdoor's overall stock score is driven by significant financial challenges, including high leverage and negative equity, which weigh heavily on the score. However, strong technical indicators and a positive earnings call outlook, along with strategic corporate events, provide some balance, suggesting potential for improvement if financial stability is addressed.

Positive Factors

Revenue Growth

The 8.1% YoY revenue growth indicates strong market demand and effective business strategies, suggesting potential for sustained revenue expansion.

Leadership Stability

Extending the CEO's contract ensures leadership continuity, aligning executive incentives with long-term goals, which supports strategic stability.

Debt Management

Refinancing debt with extended maturities improves financial flexibility and reduces near-term refinancing risk, aiding long-term financial health.

Negative Factors

High Leverage

High leverage and negative equity pose solvency risks, limiting financial flexibility and increasing vulnerability to economic downturns.

Profitability Challenges

Negative profit margins indicate ongoing struggles to achieve profitability, which can hinder reinvestment and growth opportunities.

Cash Flow Issues

Negative free cash flow suggests challenges in generating sufficient cash to fund operations and growth, impacting financial sustainability.

Clear Channel Outdoor Business Overview & Revenue Model

Company Description

Clear Channel Outdoor Holdings, Inc. owns, operates, and sells advertising displays in the United States and internationally. It operates through two segments, Americas and Europe. The company offers advertising services through billboards, including bulletins and posters; transit displays, which are advertising surfaces on various types of vehicles or within transit systems; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, freestanding units, and other public structures; spectaculars, which are customized display structures that incorporate videos, multidimensional lettering and figures, mechanical devices and moving parts, and other embellishments; wallscape, a display that drapes over or is suspended from the sides of buildings or other structures. It also provides street furniture equipment, cleaning and maintenance services, operation of public bike programs, and production services; and a public bicycle rental program, which offers bicycles for rent to the general public in various municipalities. As of December 31, 2021, it owned or operated approximately 69,000 advertising displays in the Americas; and 430,000 advertising displays in Europe. The company was formerly known as Eller Media Company and changed its name to Clear Channel Outdoor Holdings, Inc. in August 2005. Clear Channel Outdoor Holdings, Inc. was founded in 1901 and is headquartered in San Antonio, Texas.

How the Company Makes Money

Clear Channel Outdoor generates revenue primarily through the sale of advertising space on its extensive inventory of outdoor advertising assets. This includes traditional billboards, transit advertisements, and digital screens, which allow for dynamic content changes and targeted advertising. Key revenue streams include long-term advertising contracts with brands, short-term campaign sales, and digital advertising, which often command higher rates due to their interactive capabilities. Additionally, CCO partners with various advertising agencies and brands to create customized advertising solutions, enhancing its revenue potential. Seasonal events and local promotions also contribute to revenue, as advertisers seek to capitalize on heightened consumer activity during specific times of the year.

Clear Channel Outdoor Financial Statement Overview

Summary

Clear Channel Outdoor faces significant financial challenges, including high leverage, negative equity, and profitability issues. Despite some revenue growth, the company struggles to convert this into sustainable profits and cash flow. Financial stability and leverage are key concerns.

Income Statement

Clear Channel Outdoor's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) revenue growth rate is positive at 1.98%, indicating a slight recovery. However, the company struggles with profitability, as evidenced by a negative net profit margin of -0.31% and a declining gross profit margin compared to previous years. The EBIT and EBITDA margins are relatively stable, but overall profitability remains a concern.

Balance Sheet

The balance sheet reveals significant financial leverage with a negative stockholders' equity, leading to a concerning debt-to-equity ratio of -1.87 in the TTM. The return on equity is minimal, reflecting challenges in generating returns for shareholders. The equity ratio is negative, indicating potential solvency issues. Overall, the balance sheet highlights financial instability and high leverage risks.

Cash Flow

The cash flow statement shows some improvement in operating cash flow, but free cash flow remains negative, with a significant decline in the TTM. The operating cash flow to net income ratio is positive, suggesting some ability to generate cash from operations. However, the free cash flow to net income ratio indicates challenges in converting earnings into free cash flow. Overall, cash flow management needs improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.57B	1.51B	1.43B	1.38B	1.77B	1.85B
Gross Profit	839.61M	824.65M	773.85M	792.78M	881.72M	653.40M
EBITDA	399.82M	442.41M	473.27M	548.42M	326.50M	121.85M
Net Income	-5.94M	-179.25M	-310.92M	-96.60M	-433.81M	-582.74M
Balance Sheet
Total Assets	3.76B	4.80B	4.72B	5.09B	5.30B	5.76B
Cash, Cash Equivalents and Short-Term Investments	155.01M	109.71M	251.65M	282.23M	410.77M	785.31M
Total Debt	6.46B	7.02B	7.17B	7.01B	7.23B	7.26B
Total Liabilities	7.22B	8.44B	8.17B	8.35B	8.49B	8.54B
Stockholders Equity	-3.47B	-3.65B	-3.46B	-3.28B	-3.21B	-2.79B
Cash Flow
Free Cash Flow	-26.18M	-62.65M	-135.34M	-44.69M	-281.50M	-261.97M
Operating Cash Flow	87.82M	79.75M	31.25M	139.99M	-133.50M	-137.81M
Investing Cash Flow	481.27M	-155.94M	-119.57M	-221.70M	-152.70M	94.52M
Financing Cash Flow	-597.95M	-8.18M	45.64M	-32.72M	-85.24M	418.28M

Clear Channel Outdoor Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CCO, the sentiment is Positive. The current price of 2.05 is below the 20-day moving average (MA) of 2.11, above the 50-day MA of 1.99, and above the 200-day MA of 1.42, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 47.83 is Neutral, neither overbought nor oversold. The STOCH value of 17.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CCO.

Clear Channel Outdoor Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEXN	75 Outperform	$656.07M	9.47	7.91%	―	1.63%	―
DLX	72 Outperform	$1.06B	12.86	12.96%	5.41%	-0.94%	47.48%
EEX	62 Neutral	$941.56M	220.37	1.21%	1.29%	11.18%	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
CCO	57 Neutral	$1.02B	-11.32	―	―	-29.67%	30.13%
NCMI	52 Neutral	$357.50M	-23.22	-4.10%	3.05%	-3.67%	34.36%
ADV	42 Neutral	$287.12M	-1.15	-29.47%	―	-7.12%	-7.75%

Clear Channel Outdoor Corporate Events

Clear Channel Outdoor Extends CEO Scott Wells’ Employment Agreement

On December 15, 2025, Clear Channel Outdoor Holdings, Inc. entered into a second amended and restated employment agreement with Chief Executive Officer Scott R. Wells, effective January 1, 2026, extending his initial term through January 1, 2030 with automatic four-year renewals thereafter unless either party opts out. The agreement sets Wells’s annual base salary at $1.2 million, provides eligibility for an annual performance bonus targeted at 120% of base salary, and establishes an annual equity incentive grant targeted at $4 million with a minimum grant-date value of $2 million, while also defining detailed severance, bonus, health benefit and equity-vesting protections if he is terminated without cause, not renewed, or resigns for good reason, alongside confidentiality, non-compete, non-solicitation and non-interference covenants that reinforce leadership stability and align executive incentives with long-term shareholder interests.

The most recent analyst rating on (CCO) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Clear Channel Outdoor stock, see the CCO Stock Forecast page.