Clear Channel Outdoor (CCO) AI Stock Analysis

• Market Cap: $526.52M
• Dividend Yield: N/A
• Average Volume (3M): 3.92M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.33
• Revenue Growth: -17.54%
• EPS Growth: 66.05%
• Country: US
• Employees: 4,100
• Sector: Communication Services
• Sector Strength: 75
• Industry: Advertising Agencies
• EPS (TTM): -0.11
• Shares Outstanding: 496,715,400
• 10 Day Avg. Volume: 2,408,332
• 30 Day Avg. Volume: 3,921,351
• PEG Ratio: -0.26
• Price to Book (P/B): -0.18
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -49.76
• Enterprise Value/Market Cap: 13.01
• Enterprise Value/Revenue: 0.94
• Enterprise Value/Gross Profit: 9.57
• Enterprise Value/Ebitda: 3.25
• 1Y Price Target: $1.43
• Price Target Upside: 34.91% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 48 Neutral
• Price Target: $1.00 ▼(-5.66%Downside)

The most significant factor affecting the score is the poor financial performance, with high leverage and negative profitability. Corporate events provide some optimism with strategic debt management, but technical and valuation metrics remain weak, contributing to a low overall score.

Positive Factors

Market Focus and Structure

The company's shift to a more focused structure has resulted in lower corporate expenses as it becomes a U.S.-focused entity.

Revenue Growth

Clear Channel released preliminary 2Q25 results, and higher consolidated revenue is expected.

Segment Performance

Airports revenue grew 4.0%, surpassing expectations, and is guided to grow 3% - 7% as board digitization drives revenue growth.

Negative Factors

Cost Pressures

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

Macro Uncertainty

Macro uncertainty causes unease over ad budgets.

Tariff Impact

The announcement of Liberation Day tariffs in early April were significant negative catalysts for most stocks.

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 makes money primarily through the sale of advertising space on its vast network of outdoor advertising displays. This includes revenue generated from traditional billboards, digital displays, and other out-of-home advertising formats such as transit and airport advertising. The company's key revenue streams include long-term contracts with advertisers, which provide a stable income, and shorter-term agreements that allow flexibility for advertisers to run specific campaigns. Additionally, Clear Channel Outdoor partners with municipalities and transit authorities to secure prime advertising locations, enhancing its inventory and attractiveness to advertisers. The company's earnings are further bolstered by its ability to deliver targeted and data-driven advertising solutions, which are increasingly in demand in the digital age.

Clear Channel Outdoor Financial Statement Overview

Summary

Clear Channel Outdoor faces significant challenges in achieving profitability and financial stability. Negative net income, high leverage, and financial instability are key concerns. 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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.51B	2.13B	2.48B	2.24B	1.85B
Gross Profit	824.65M	1.03B	1.15B	970.86M	653.40M
EBITDA	442.41M	488.94M	450.74M	497.64M	319.04M
Net Income	-179.25M	-310.92M	-94.39M	-433.12M	-600.23M
Balance Sheet
Total Assets	4.80B	4.72B	5.09B	5.30B	5.76B
Cash, Cash Equivalents and Short-Term Investments	109.71M	251.65M	286.78M	410.77M	785.31M
Total Debt	7.02B	7.17B	7.13B	7.23B	7.26B
Total Liabilities	8.44B	8.17B	8.35B	8.49B	8.54B
Stockholders Equity	-3.64B	-3.46B	-3.26B	-3.19B	-2.78B
Cash Flow
Free Cash Flow	-62.65M	-147.48M	-44.69M	-281.50M	-261.97M
Operating Cash Flow	79.75M	31.25M	139.99M	-133.50M	-137.81M
Investing Cash Flow	-155.94M	-119.57M	-221.70M	-152.70M	94.52M
Financing Cash Flow	-8.18M	45.64M	-32.72M	-85.24M	418.28M

Clear Channel Outdoor Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 1.06 is below the 20-day moving average (MA) of 1.17, below the 50-day MA of 1.15, and below the 200-day MA of 1.29, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 37.61 is Neutral, neither overbought nor oversold. The STOCH value of 18.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CCO.

Clear Channel Outdoor Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEXN	78 Outperform	$656.07M	15.53	8.57%	―	10.36%	―
DLX	71 Outperform	$720.31M	12.92	9.10%	7.38%	-2.69%	61.73%
EEX	66 Neutral	$988.33M	308.70	1.62%	1.21%	4.87%	―
Sector *	61 Neutral	$42.98B	-1.93	-13.49%	4.03%	2.81%	-64.88%
ADV	51 Neutral	$444.31M	―	-42.89%	―	-13.81%	-433.86%
NCMI	48 Neutral	$453.60M	―	-4.73%	1.25%	42.01%	-100.56%
CCO	48 Neutral	$526.52M	―	4.92%	―	-17.54%	66.05%

Clear Channel Outdoor Corporate Events

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.

Clear Channel Outdoor Sells Brazilian Business for $14M

On May 7, 2025, Clear Channel Outdoor Holdings, Inc. announced an agreement to sell its Brazilian business to Publibanca Brasil S.A., an affiliate of Eletromidia S.A., for approximately R$80 million (US$14 million). This sale, expected to close in 2025 pending regulatory approval, is part of Clear Channel’s strategy to optimize its portfolio and focus on its America and Airports segments, marking the divestment of all its Latin American businesses.