Clear Channel Outdoor (CCO) AI Stock Analysis

• Market Cap: $964.77M
• Dividend Yield: N/A
• Average Volume (3M): 3.77M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.80
• 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: 2,696,543
• 30 Day Avg. Volume: 3,769,208
• 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: 7.36
• Enterprise Value/Revenue: 4.52
• Enterprise Value/Gross Profit: 8.46
• Enterprise Value/Ebitda: 17.76
• 1Y Price Target: $2.07
• Price Target Upside: 8.95% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 7
• EPS Forecast (FY): 0.08
• Revenue Forecast (FY): $1.59B

• Rating: 52 Neutral
• Price Target: $2.00 ▲(5.26% Upside)

Clear Channel Outdoor's overall stock score reflects significant financial challenges, including high leverage and profitability issues, which weigh heavily on the score. However, positive momentum in technical indicators and a favorable earnings call outlook provide some balance. The valuation remains unattractive due to a negative P/E ratio and lack of dividend yield.

Positive Factors

Revenue Growth

The company's strong revenue growth, particularly in the Americas and Airports segments, indicates robust market demand and effective sales strategies, supporting long-term business expansion.

Debt Management

Improved debt maturity profile reduces refinancing risks and stabilizes cash flow, enhancing financial flexibility and supporting long-term strategic initiatives.

Digital Capabilities

Investments in digital capabilities position the company to capture market share in the growing digital advertising space, ensuring competitiveness and future revenue streams.

Negative Factors

High Leverage

High leverage and negative equity pose risks to financial stability, potentially limiting the company's ability to invest in growth opportunities and weather economic downturns.

Profitability Issues

Ongoing profitability challenges hinder the company's ability to generate sustainable earnings, impacting long-term financial health and shareholder value.

Free Cash Flow Challenges

Negative free cash flow limits the company's ability to reinvest in business operations, pay down debt, or return capital to shareholders, affecting future growth prospects.

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 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: 1.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 1.9 is above the 20-day moving average (MA) of 1.89, above the 50-day MA of 1.61, and above the 200-day MA of 1.27, indicating a bullish trend. The MACD of 0.09 indicates Positive momentum. The RSI at 59.69 is Neutral, neither overbought nor oversold. The STOCH value of 66.88 is Neutral, 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	8.25	7.91%	―	9.65%	―
DLX	72 Outperform	$909.60M	11.08	12.96%	6.60%	-0.94%	47.48%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
EEX	53 Neutral	$809.03M	189.35	1.21%	1.50%	11.18%	―
CCO	52 Neutral	$964.77M	―	―	―	-29.67%	30.13%
NCMI	50 Neutral	$403.47M	-26.20	-4.10%	2.93%	-3.67%	34.36%
ADV	44 Neutral	$400.91M	-1.19	-29.47%	―	-7.12%	-7.75%

Clear Channel Outdoor Corporate Events

Clear Channel Outdoor Reports Revenue Growth Amid Strategic Shifts

Clear Channel Outdoor Holdings, Inc. is a leading company in the out-of-home advertising industry, known for its innovative digital billboards and programmatic capabilities that connect advertisers with consumers across the United States and the Caribbean.

Clear Channel Outdoor’s Earnings Call Highlights Growth and Strategy

Clear Channel Outdoor Holdings recently held its earnings call, which conveyed a generally positive sentiment. The company reported strong revenue growth, successful international divestitures, and effective debt management. A strategic focus on the U.S. market and digital capabilities was emphasized, although challenges in specific markets like Los Angeles and potential impacts from government shutdowns were acknowledged.

Clear Channel Outdoor Unveils 2028 Growth Strategy

On September 9, 2025, Clear Channel Outdoor Holdings, Inc. held an Investor Day in New York City, where it reiterated its 2025 guidance and unveiled its growth strategy and financial goals for 2028. The company aims to leverage its streamlined U.S.-focused operations to capture growth opportunities, enhance its balance sheet, and achieve sustainable top-line growth and margin expansion. The strategy is built on four pillars: customer centricity, technology acceleration, sales execution, and balance sheet strengthening, with a focus on reducing net leverage to 7x to 8x by 2028. The announcement highlights Clear Channel’s commitment to driving shareholder value and positioning itself as a powerhouse in the visual media sector.

The most recent analyst rating on (CCO) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Clear Channel Outdoor stock, see the CCO Stock Forecast page.

Clear Channel Outdoor Sells Spanish Business for $135M

On September 8, 2025, Clear Channel Outdoor Holdings, Inc. announced an agreement to sell its Spanish business to Atresmedia Corporación de Medios de Comunicación, S.A. for approximately USD 135 million. This sale marks the completion of Clear Channel’s divestiture of its European businesses, allowing the company to focus on its America and Airports segments while reducing outstanding debt. The transaction is expected to close by early 2026, pending regulatory approval.

The most recent analyst rating on (CCO) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Clear Channel Outdoor stock, see the CCO Stock Forecast page.