iHeartMedia Inc. Class A Common Stock (IHRT)

FairStock Score: 21/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at iHeartMedia as a large audio advertising business with a $279.1M market value at the 2026-10-26 close, not as a proven compounder. The franchise is recognizable—broadcast radio, digital audio, and advertising services—but I do not see a durable moat in the numbers. In fiscal 2025, the year ended 2025-12-31, revenue was $3.9B, yet net income was -$472.9M and diluted EPS -$3.06. Fiscal 2024 and fiscal 2023 were worse, with net losses of $1.0B and $1.1B and diluted EPS of -$6.68 and -$7.39. The top line has not collapsed—$3.9B in fiscal 2025 and $3.9B in fiscal 2024—but it has not translated into profit. Recent filings show no clean turn: in fiscal Q1 2026, the quarter ended 2026-03-31, net loss was $95.2M; and in fiscal Q2 2026, the quarter ended 2026-06-30, net loss was $82.4M on $977.2M of revenue. True, trailing free cash flow was $36.3M, a 13.0% FCF yield on the market cap per FairStock, which is the main bull point. But the FairStock Piotroski score is only 5/9, the FairStock Altman Z-score is -1.09, and FairStock EV/EBITDA is 18.96, so the cash-flow yield sits beside weak credit signals and a high enterprise multiple. The FairStock P/E is -0.97 because earnings are negative; FairStock ROCE is just 2.63%. I see little margin of safety in the earnings power, no dividend, and a beta of 2.29. This is a speculative turnaround, not a Graham bargain.

In plain English: iHeartMedia runs radio stations, digital audio services, and advertising services. The business looks weak: company reports show net losses in fiscal 2023, fiscal 2024, fiscal 2025, and in fiscal Q1 and Q2 2026. At $1.77 on 2026-10-26, the price looks low compared with the cash the business generated over the past year, but continuing losses make it hard to call cheap with confidence.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer