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Aggressive M&A Will Accelerate US Media Erosion

Published
19 Sep 24
Updated
05 Sep 25
AnalystConsensusTarget's Fair Value
US$6.08
7.1% undervalued intrinsic discount
10 Sep
US$5.65
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1Y
5.8%
7D
-0.4%

Author's Valuation

US$6.087.1% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on05 Sep 25

With both Net Profit Margin and Future P/E remaining stable, there were no material fundamental changes driving a revision, leaving Gray Media’s consensus analyst price target effectively unchanged at $6.08. What's in the News Gray Media partnered with Victory+ to simulcast 17 Dallas Stars NHL games across 15 television markets in Texas, Arkansas, and Louisiana, expanding access for hockey fans in outer markets.

Shared on30 Jul 25
Fair value Increased 8.05%

Despite improved revenue growth forecasts for Gray Media, a substantial increase in the projected future P/E ratio has led to a lower consensus price target, now revised down to $5.10. What's in the News Gray Media entered into a partnership naming its affiliates in Knoxville, Nashville, and Memphis as the Official Television Stations of the Tennessee Volunteers, launching the Tennessee Valley Sports Network to deliver expanded, free over-the-air coverage of Tennessee Athletics, with plans for further market expansion and additional sports programming through 2028.

Shared on01 May 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Increased 4.84%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Decreased 0.37%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on11 Mar 25
Fair value Increased 5.69%

AnalystConsensusTarget has increased revenue growth from -0.5% to -3.5%, increased profit margin from 1.8% to 8.6% and decreased future PE multiple from 17.4x to 2.7x.