Versant Media Group (VSNT) AI Stock Analysis

• Market Cap: $5.46B
• Dividend Yield: N/A
• Average Volume (3M): 39.10K
• Price to Earnings (P/E): 7.0
• Beta (1Y): -3.99
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: Advertising Agencies
• EPS (TTM): N/A
• Shares Outstanding: 143,790,850
• 10 Day Avg. Volume: 39,097
• 30 Day Avg. Volume: 39,097
• PEG Ratio: -0.48
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 0.97
• P/FCF Ratio: 3.51
• Enterprise Value/Market Cap: 1.18
• Enterprise Value/Revenue: 1.96
• Enterprise Value/Gross Profit: 6.93
• Enterprise Value/Ebitda: 6.33
• 1Y Price Target: $36.62
• Price Target Upside: ― Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: $42.00
• Action: Reiterated Date: 03/03/26
• Date: Action: Reiterated 03/03/26

The score is driven primarily by strong financial quality (cash flow consistency and balance sheet flexibility) and an inexpensive valuation (low P/E). This is partially offset by contracting revenue/profit trends and mixed-to-weak technical momentum, while the earnings call supports a moderate outlook given solid strategic progress and shareholder returns but continued near-term top-line and advertising pressure.

Positive Factors

Balance Sheet Strength

A large equity base and historically zero reported debt give durable financial flexibility, enabling the company to fund platform investments, acquisitions and shareholder returns while absorbing cyclical ad revenue shocks. Even with 2025 debt, leverage remains manageable versus EBITDA, preserving long-term optionality for strategic moves.

Consistent Cash Generation

Sustained operating and free cash flow near $1.5B supports capital returns, reinvestment and deleveraging over time. Reliable cash conversion and robust adjusted EBITDA margins (>30% stand‑alone) underpin funding for D2C and platform builds without relying on equity issuance, strengthening long-term financial resilience.

Platform Diversification & Rights

Growing platforms and explicit targets to shift revenue mix toward non‑pay TV reduce dependence on linear distribution. Incremental D2C/AVOD launches and secured long‑term media rights extend exclusive content and audience reach, creating structural avenues to stabilize revenue as legacy pay‑TV contracts erode.

Negative Factors

Top‑line Declines

Multi‑year revenue declines signal structural demand headwinds that can erode scale economics and weaken leverage on fixed content costs. Persistent top‑line pressure constrains long‑term margin expansion and increases reliance on successful platform monetization and rights monetization to restore growth.

Advertising Revenue Weakness

A near‑double‑digit fall in advertising reflects ratings declines and normalization after election cycles, reducing visibility into core monetization. Structural shifts in advertiser budgets and audience fragmentation create ongoing pressure on ad rates and volume, challenging long‑term revenue stability.

Near‑term Cash/CapEx Volatility

Guidance for lower FCF and elevated capex/working‑capital variability reduces near‑term financial headroom for buybacks/dividends and increases execution risk on platform builds. If platform monetization lags, this pressure could constrain strategic investments and capital returns over the medium term.

Versant Media Group Business Overview & Revenue Model

Company Description

Versant Media Group, Inc. operates as an industry media and entertainment business that operates in four core markets: political news and opinion, business news and personal finance, golf and athletics participation and sports and genre entertainment. It also serves on markets primarily through a strong portfolio of brands comprised of renowned networks and complementary digital platforms. The company was founded on May 1, 2025 and is headquartered in Englewood Cliffs, NJ.

Versant Media Group Financial Statement Overview

Summary

Strong balance sheet strength (high equity, historically no debt with manageable new debt) and robust, consistent operating/free cash flow support a high score. This is tempered by weakening income statement trends, with revenue declines across 2023–2025 and stepped-down profitability in 2025.

Income Statement

VSNT shows solid profitability, with strong gross and operating margins in 2023–2024 and healthy net profitability. However, growth and earnings momentum weakened: revenue declined in both 2023 and 2024, and 2025 revenue and net income fell further versus 2024, indicating pressure on demand and/or pricing and a downshift in operating performance despite still-positive profits.

Balance Sheet

The balance sheet is a clear strength. Equity is large relative to the asset base, and the company operated with no reported debt in 2023–2024, implying very low financial risk and strong flexibility. A notable watch item is that total debt appears in 2025 (after being zero), which suggests a change in capital structure, though leverage still looks manageable given the sizable equity base.

Cash Flow

Cash generation is strong and consistent. Operating cash flow is robust across all periods and comfortably supports reported earnings (2023–2024 cash generation was strong relative to net income), while free cash flow remains high and close to operating cash flow—suggesting limited drag from capital spending. The main weakness is that free cash flow growth was negative in 2023–2024 before rebounding sharply in 2025.

Breakdown	Dec 2025	Dec 2024	Dec 2023
Income Statement
Total Revenue	6.69B	7.06B	7.44B
Gross Profit	2.74B	3.99B	4.29B
EBITDA	2.42B	2.67B	3.06B
Net Income	930.00M	1.09B	1.54B
Balance Sheet
Total Assets	12.33B	12.05B	13.10B
Cash, Cash Equivalents and Short-Term Investments	55.00M	8.00M	23.00M
Total Debt	983.00M	0.00	0.00
Total Liabilities	1.93B	1.13B	1.42B
Stockholders Equity	10.29B	10.80B	11.56B
Cash Flow
Free Cash Flow	1.85B	2.16B	2.37B
Operating Cash Flow	2.02B	2.21B	2.43B
Investing Cash Flow	-155.00M	-71.00M	-60.00M
Financing Cash Flow	-782.00M	-2.15B	-2.35B

Versant Media Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VSNT	73 Outperform	$5.46B	6.99	9.69%	―	―	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CNVS	55 Neutral	$53.31M	-10.97	-24.20%	―	77.29%	97.98%
TOON	54 Neutral	$29.37M	-1.35	-87.34%	―	22.84%	46.18%
LVO	52 Neutral	$62.32M	-3.34	128.06%	―	-32.17%	-135.06%
DLPN	50 Neutral	$19.64M	-10.31	-55.09%	―	3.86%	81.68%

Versant Media Group Corporate Events

Versant Media Group Posts Lower 2025 Results, Boosts Returns

On March 3, 2026, Versant Media Group reported its full-year 2025 results, posting $6.69 billion in revenue, $930 million in net income and $2.42 billion in Adjusted EBITDA, all declining versus 2024 amid lower linear distribution, advertising and content licensing revenue but modest growth in platforms. The board underscored a focus on shareholder returns by declaring a $0.375 per share quarterly dividend and authorizing up to $1 billion in share repurchases, even as profitability softened.

Operationally in 2025, Versant completed its transition into a standalone public company and reinforced its positions in business and political news, sports and entertainment through expanded live coverage, new content deals and planned direct-to-consumer offerings for CNBC, MS NOW and Fandango. The group also pursued growth via acquisitions, buying INDY Cinema Group in late 2025 and Free TV Networks in January 2026 to broaden over-the-air reach and enhance Fandango’s digital and B2B capabilities, signaling a strategy to offset legacy revenue pressure by scaling digital platforms, distribution and audience engagement.

The most recent analyst rating on (VSNT) stock is a Hold with a $32.00 price target. To see the full list of analyst forecasts on Versant Media Group stock, see the VSNT Stock Forecast page.