Clear Channel Outdoor (CCO) AI Stock Analysis

• Market Cap: $601.39M
• Dividend Yield: N/A
• Average Volume (3M): 3.16M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.39
• Revenue Growth: -21.67%
• EPS Growth: 81.70%
• Country: US
• Employees: 4,100
• Sector: Communication Services
• Sector Strength: 90
• Industry: Advertising Agencies
• EPS (TTM): 0.01
• Shares Outstanding: 497,012,820
• 10 Day Avg. Volume: 3,765,497
• 30 Day Avg. Volume: 3,157,456
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 11.44
• Enterprise Value/Revenue: 5.73
• Enterprise Value/Gross Profit: 10.33
• Enterprise Value/Ebitda: 13.45
• 1Y Price Target: $1.45
• Price Target Upside: 20.83% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 46 Neutral
• Price Target: $1.00 ▼(-16.67% Downside)

Clear Channel Outdoor's overall stock score is primarily impacted by significant financial challenges, including high debt levels and negative equity. While recent earnings call and corporate events show positive strategic moves and revenue growth, these are overshadowed by the company's financial instability and valuation concerns. The lack of technical analysis data further adds to the uncertainty.

Positive Factors

Digital Footprint

Clear Channel Outdoor's digital footprint is driving top-line growth, with total revenue reaching $403 million, representing 7% year-over-year growth.

Revenue Growth

The company's reach remains a valuable attribute, with displays in 43 of the top 50 DMAs, making OOH advertising an impactful media format for marketers.

Negative Factors

Adjusted EBITDA

Adjusted EBITDA margins were below expectations in the quarter due to the MTA roadside billboard contract, which pressured margins.

Market Uncertainty

Macro uncertainty causes unease over ad budgets.

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 leasing advertising space on its outdoor displays, which include billboards, transit posters, and other outdoor formats. The company earns money by charging advertisers for the time their ads are displayed, with pricing based on factors such as location, visibility, and audience reach. Additional revenue streams include digital advertising, where advertisers can display dynamic content and benefit from real-time advertising capabilities. CCO also engages in partnerships with municipalities and transit authorities, allowing it to manage and monetize advertising space in public transportation systems and urban environments. These strategic partnerships enhance its revenue potential by providing access to high-traffic areas and diverse audiences.

Clear Channel Outdoor Financial Statement Overview

Summary

Clear Channel Outdoor faces significant challenges in achieving profitability and financial stability, as highlighted by its negative net income and high leverage. While operational margins are decent, the company must improve its revenue trajectory and manage debt to ensure long-term sustainability.

Income Statement

The company exhibits a volatile revenue trend with a significant decline in recent periods, as seen in the TTM data. Gross profit margin remains healthy at approximately 65.1% TTM, but net profit margin is negative due to persistent net losses. The EBIT and EBITDA margins are positive, indicating operational efficiency, yet the inability to achieve net profitability is a concern.

Balance Sheet

The balance sheet shows financial instability with negative stockholders' equity and a high debt-to-equity ratio, indicating excessive leverage. The equity ratio is also negative, highlighting concerns about long-term solvency and financial risk.

Cash Flow

Cash flow analysis reveals a positive trend in operating cash flow for the TTM period, yet free cash flow remains low. The operating cash flow to net income ratio is favorable, but reliance on debt financing is evident, posing potential risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.20B	1.51B	2.13B	2.48B	2.24B	1.85B
Gross Profit	666.41M	824.65M	1.03B	1.15B	970.86M	653.40M
EBITDA	511.89M	442.41M	488.94M	450.74M	497.64M	319.04M
Net Income	22.74M	-179.25M	-310.92M	-94.39M	-433.12M	-600.23M
Balance Sheet
Total Assets	3.77B	4.80B	4.72B	5.09B	5.30B	5.76B
Cash, Cash Equivalents and Short-Term Investments	138.57M	109.71M	251.65M	286.78M	410.77M	785.31M
Total Debt	6.43B	7.02B	7.17B	7.13B	7.23B	7.26B
Total Liabilities	7.17B	8.44B	8.17B	8.35B	8.49B	8.54B
Stockholders Equity	-3.40B	-3.64B	-3.46B	-3.26B	-3.19B	-2.78B
Cash Flow
Free Cash Flow	-46.60M	-62.65M	-147.48M	-44.69M	-281.50M	-261.97M
Operating Cash Flow	86.04M	79.75M	31.25M	139.99M	-133.50M	-137.81M
Investing Cash Flow	452.18M	-155.94M	-119.57M	-221.70M	-152.70M	94.52M
Financing Cash Flow	-587.75M	-8.18M	45.64M	-32.72M	-85.24M	418.28M

Clear Channel Outdoor Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 1.2 is above the 20-day moving average (MA) of 1.12, above the 50-day MA of 1.16, and below the 200-day MA of 1.26, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 55.77 is Neutral, neither overbought nor oversold. The STOCH value of 92.60 is Negative, 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	12.01	9.91%	―	1.63%	―
DLX	71 Outperform	$858.21M	14.89	9.20%	6.28%	-1.92%	49.63%
Sector *	66 Neutral	¥495.00B	16.63	1.15%	2.18%	6.46%	-14.78%
EEX	64 Neutral	$962.15M	121.80	1.98%	1.21%	9.96%	―
ADV	51 Neutral	$580.19M	―	-36.12%	―	-10.21%	-81.84%
NCMI	50 Neutral	$403.89M	―	-5.50%	2.13%	13.34%	-107.92%
CCO	46 Neutral	$601.39M	―	4.92%	―	-21.67%	81.70%

Clear Channel Outdoor Corporate Events

Clear Channel Outdoor Completes Major Debt Refinancing

On August 4, 2025, Clear Channel Outdoor Holdings, Inc. completed the sale of $1,150 million in 7.125% Senior Secured Notes due 2031 and $900 million in 7.500% Senior Secured Notes due 2033 through a private placement. These notes, guaranteed by the company’s subsidiaries, are intended to refinance existing debt, including the redemption of 5.125% and 9.000% senior secured notes due in 2027 and 2028, respectively. The issuance aims to optimize the company’s capital structure by replacing higher-cost debt, potentially improving financial flexibility and positioning in the market.

The most recent analyst rating on (CCO) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Clear Channel Outdoor stock, see the CCO Stock Forecast page.

Clear Channel Outdoor Announces New Employment Agreement

On July 22, 2025, Clear Channel Outdoor Holdings, Inc. announced a second amended and restated employment agreement with Lynn Feldman, effective August 1, 2025. This agreement, which extends Feldman’s tenure until July 31, 2028, includes a base salary of $750,000, an annual performance bonus, and equity incentives. The agreement outlines severance terms in case of termination and includes confidentiality and non-competition clauses, reflecting the company’s commitment to retaining key leadership and ensuring operational stability.

The most recent analyst rating on (CCO) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Clear Channel Outdoor stock, see the CCO Stock Forecast page.

Clear Channel Outdoor Prices $2.05 Billion in Notes

On July 21, 2025, Clear Channel Outdoor Holdings, Inc. announced the pricing of $1,150 million in 7.125% Senior Secured Notes due 2031 and $900 million in 7.500% Senior Secured Notes due 2033. The proceeds from this offering, expected to close on August 4, 2025, will be used to redeem existing notes due in 2027 and 2028 and cover related transaction costs. This strategic financial move aims to optimize the company’s debt structure and enhance its financial flexibility.

The most recent analyst rating on (CCO) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Clear Channel Outdoor stock, see the CCO Stock Forecast page.

Clear Channel Outdoor Announces $2.05 Billion Note Offering

On July 21, 2025, Clear Channel Outdoor Holdings, Inc. announced a private offering of $2,050 million in Senior Secured Notes due 2031 and 2033, aiming to use the proceeds for early redemption of existing notes and related expenses. In the second quarter of 2025, the company repurchased $229.8 million of its senior notes at a discount, reflecting strategic debt management efforts, while preliminary financial estimates for the quarter show growth in revenue and adjusted EBITDA, particularly in the Airports segment.

The most recent analyst rating on (CCO) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Clear Channel Outdoor stock, see the CCO Stock Forecast page.

Clear Channel Outdoor Amends Credit Facilities with Deutsche Bank

On June 12, 2025, Clear Channel Outdoor Holdings, Inc. announced amendments to its Receivables-Based Credit Facility and Revolving Credit Facility with Deutsche Bank AG New York Branch. The amendments extended the maturity date of both facilities to June 12, 2030. The credit commitments for the Receivables-Based Facility increased from $175 million to $200 million, while the Revolving Credit Facility commitments were reduced from $115.8 million to $100 million. These changes are expected to impact the company’s financial flexibility and operational strategy.

The most recent analyst rating on (CCO) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Clear Channel Outdoor stock, see the CCO Stock Forecast page.

Clear Channel Outdoor Confirms Director Elections and Auditor

On May 29, 2025, Clear Channel Outdoor Holdings, Inc. held its Annual Meeting of Stockholders, where the election of directors for a one-year term was confirmed, and an advisory resolution on executive compensation was approved. Additionally, the selection of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2025, was ratified, indicating continued stability and adherence to corporate governance practices.

The most recent analyst rating on (CCO) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Clear Channel Outdoor stock, see the CCO Stock Forecast page.