
TEGNA (TGNA) Stock Forecast & Price Target
TEGNA (TGNA) Analyst Ratings
Bulls say
Tegna Inc. operates a comprehensive media portfolio that includes television and radio stations across numerous U.S. markets, providing a diverse range of advertising and subscription revenue streams. The company stands to benefit from potential upside risks such as improvements in the advertising market, further deregulation, and a reversal in subscriber trends, which could enhance its financial performance. Additionally, the favorable regulatory environment is positioned to support Tegna’s growth, ultimately bolstering its market outlook and operational capabilities.
Bears say
Tegna Inc faces significant risks that contribute to a negative outlook for its stock, primarily linked to the uncertainty surrounding the completion of the Nexstar transaction. Key concerns include a potential decline in demand for advertising inventory due to macroeconomic weaknesses and shifts in advertising dollars away from local broadcast TV and radio, coupled with declining ratings at the company’s stations. Furthermore, possible loss of affiliation agreements, along with consolidation in multichannel video programming distributors (MVPDs) and adverse effects from new technologies and government regulations, may hinder future revenue growth and retransmission renewals.
This aggregate rating is based on analysts' research of TEGNA and is not a guaranteed prediction by Public.com or investment advice.
TEGNA (TGNA) Analyst Forecast & Price Prediction
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