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U.S. Media Industry Analysis

UpdatedJan 08, 2026
DataAggregated Company Financials
Companies129
  • 7D-2.4%
  • 3M-4.4%
  • 1Y-17.4%
  • YTD-2.5%

Over the last 7 days, the Media industry has dropped 2.4%, driven by a pullback from Comcast of 6.7%. Overall the industry is down 17% in 12 months. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the U.S. Media Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Jan 2026US$335.1bUS$329.6bUS$20.7b14.1x16.2x1x
Sun, 07 Dec 2025US$313.6bUS$324.0bUS$19.5b15.5x16.1x1x
Tue, 04 Nov 2025US$330.7bUS$329.7bUS$33.3b17.3x9.9x1x
Thu, 02 Oct 2025US$365.5bUS$330.4bUS$31.2b20.2x11.7x1.1x
Sat, 30 Aug 2025US$357.4bUS$330.5bUS$31.2b22.1x11.5x1.1x
Mon, 28 Jul 2025US$365.0bUS$331.7bUS$18.9b19x19.3x1.1x
Wed, 25 Jun 2025US$377.6bUS$331.6bUS$19.5b17.5x19.3x1.1x
Fri, 23 May 2025US$373.9bUS$330.6bUS$19.5b18.8x19.1x1.1x
Sun, 20 Apr 2025US$339.4bUS$334.4bUS$20.4b14.1x16.7x1x
Tue, 18 Mar 2025US$361.4bUS$334.2bUS$20.5b13.5x17.6x1.1x
Thu, 13 Feb 2025US$393.7bUS$333.3bUS$17.0b14.1x23.1x1.2x
Sat, 11 Jan 2025US$397.3bUS$329.9bUS$15.2b13.4x26.1x1.2x
Mon, 09 Dec 2024US$450.2bUS$329.7bUS$15.3b15.8x29.4x1.4x
Wed, 06 Nov 2024US$425.6bUS$330.0bUS$15.3b13.7x27.8x1.3x
Fri, 04 Oct 2024US$400.5bUS$318.4bUS$16.6b13.2x24.1x1.3x
Sun, 01 Sep 2024US$400.0bUS$327.3bUS$17.5b13.2x22.8x1.2x
Tue, 30 Jul 2024US$397.1bUS$328.5bUS$22.8b13.8x17.4x1.2x
Thu, 27 Jun 2024US$373.2bUS$329.2bUS$23.3b11.9x16x1.1x
Sat, 25 May 2024US$371.4bUS$329.4bUS$23.1b11x16x1.1x
Mon, 22 Apr 2024US$364.1bUS$330.7bUS$21.7b13.7x16.8x1.1x
Wed, 20 Mar 2024US$386.7bUS$330.7bUS$21.6b14.6x17.9x1.2x
Fri, 16 Feb 2024US$379.5bUS$318.5bUS$22.6b13.4x16.8x1.2x
Sun, 14 Jan 2024US$403.8bUS$332.3bUS$23.2b13.1x17.4x1.2x
Tue, 12 Dec 2023US$400.6bUS$332.7bUS$23.1b12.9x17.3x1.2x
Thu, 09 Nov 2023US$402.0bUS$334.1bUS$23.3b11.1x17.3x1.2x
Sat, 07 Oct 2023US$417.0bUS$334.1bUS$15.7b15.8x26.6x1.2x
Mon, 04 Sep 2023US$432.5bUS$334.3bUS$15.7b15.7x27.5x1.3x
Wed, 02 Aug 2023US$444.9bUS$335.4bUS$18.0b14.7x24.7x1.3x
Fri, 30 Jun 2023US$414.0bUS$334.8bUS$17.3b14.8x23.9x1.2x
Sun, 28 May 2023US$387.7bUS$334.8bUS$17.3b13.5x22.4x1.2x
Tue, 25 Apr 2023US$390.4bUS$341.5bUS$22.7b14.6x17.2x1.1x
Thu, 23 Mar 2023US$382.0bUS$341.5bUS$22.6b14.2x16.9x1.1x
Sat, 18 Feb 2023US$428.8bUS$340.6bUS$23.9b14.7x17.9x1.3x
Mon, 16 Jan 2023US$417.3bUS$339.1bUS$26.7b13.2x15.6x1.2x
Price to Earnings Ratio

15.6x


Total Market Cap: US$417.3bTotal Earnings: US$26.7bTotal Revenue: US$339.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Media Industry Price to Earnings3Y Average 19.5x202420252026
Current Industry PE
  • Investors are pessimistic on the American Media industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 16.2x which is lower than its 3-year average PE of 19.5x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Media industry have declined 8.2% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Telecom industry?

US Market1.52%
Telecom0.60%
Media-2.44%
Publishing1.97%
Broadcasting-0.64%
Advertising-0.75%
Cable and Satellite-4.21%
Industry PE
  • Investors are most optimistic about the Publishing industry even though it's trading below its 3-year average PE ratio of 65.8x.
    • Analysts are expecting annual earnings growth of 14.9%, which is lower than the prior year's growth of 20.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 23% over the next 5 years.
  • However this is lower than its past earnings growth rate of 66% per year.
  • In contrast, the Cable and Satellite industry is expected to see its earnings grow by 4.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SATS EchoStarUS$116.957.6%
+US$2.4b		399.4%PS2.2x
FOXA FoxUS$75.693.6%
+US$1.2b		54.6%PE16.5x
SIRI Sirius XM HoldingsUS$21.437.2%
+US$483.0m		-0.6%PE7.3x
NYT New York TimesUS$71.653.2%
+US$362.0m		37.9%PE34.4x
NWSA NewsUS$26.451.3%
+US$172.5m		-3.7%PE31.1x

Latest News

TDAY
US$5.95
USA TODAY
7D
15.5%
1Y
15.5%
DV
US$10.92
DoubleVerify Holdings
7D
-4.5%
1Y
-45.3%

DV: AI Verification And Streaming Tools Will Support Long-Term Upside

Analysts have maintained their price target on DoubleVerify Holdings at US$13.92, reflecting modest tweaks to assumptions around revenue growth, profit margins and the future P/E multiple rather than a major shift in their view of the stock. What's in the News Launch of DV Authentic Streaming TV at CES 2026, offering unified planning, optimization and reporting for connected TV and streaming campaigns, with AI-driven spend optimization via the DV Scibids AI engine and initial features already available to advertisers (Product-Related Announcements).
OMC
US$78.79
Omnicom Group
7D
-2.4%
1Y
-6.4%
CMCSA
US$28.21
Comcast
7D
-5.6%
1Y
-24.1%

CMCSA: Warner Bids And New Sports Rights Will Reframe Earnings Power

Analysts nudged their fair value estimate for Comcast slightly lower to about $33.93 from $34.65. This reflects trimmed long term revenue growth and profit margin assumptions after the Versant spin, price target cuts from several firms to a range around $23 to $44, and concerns about broadband competition and media cost pressures, even as the assumed future P/E multiple edges modestly higher.
TTD
US$37.30
Trade Desk
7D
-1.7%
1Y
-69.3%

TTD: Future Share Strength Will Build On AI Product And Buyback Execution

Analysts have trimmed their price targets on Trade Desk by a few dollars, with fair value estimates moving from about $62.33 to $61.12 as they balance concerns about elevated multiples and competitive noise against solid Q3 execution, improving ad demand, AI driven product catalysts, and what they describe as relatively derisked forward estimates. Analyst Commentary Recent research paints a mixed but generally constructive picture around Trade Desk, with most price target changes reflecting recalibration of expectations rather than a fundamental shift in the long term story.
SIRI
US$21.43
Sirius XM Holdings
7D
7.2%
1Y
-0.6%
VSNT
US$33.69
Versant Media Group
7D
-25.1%
1Y
n/a
CABO
US$98.57
Cable One
7D
-12.7%
1Y
-72.7%
NYT
US$71.65
New York Times
7D
3.2%
1Y
37.9%

NYT: Visual Journalism Expansion And Subscription Durability Will Shape Future Returns

The analyst price target for New York Times has been raised from US$65.75 to US$66.88, as analysts point to recent research highlighting stronger net adds, solid financial results, and higher revenue forecasts for 2025 and 2026 as support for a slightly higher assumed future P/E multiple. Analyst Commentary Bullish analysts are tying their higher price targets to what they see as a solid blend of user growth, engagement, and revenue visibility, which they view as constructive for New York Times' valuation over the next few years.
CCO
US$2.08
Clear Channel Outdoor Holdings
7D
-5.9%
1Y
49.6%

CCO: Airport Media Contracts Will Support Steady Margins And Balanced Outlook

Analysts have raised their price target on Clear Channel Outdoor Holdings to 2.25 dollars from 2.25 dollars. This reflects modestly improved profit margin expectations and a slightly lower anticipated future price to earnings multiple, while growth assumptions remain largely unchanged.
NWSA
US$26.45
News
7D
1.3%
1Y
-3.7%

NWSA: Share Repurchases And Emerging Realty Tech Will Drive Future Upside

Narrative Update on Analyst Price Target Analysts have maintained their price target essentially unchanged at approximately 36.69 dollars. This reflects only negligible adjustments to discount rate, growth, and margin assumptions that leave their long term earnings multiple outlook intact.
SATS
US$116.95
EchoStar
7D
7.6%
1Y
399.4%

SATS: Future Spectrum Sales Will Likely Leave Upside Expectations Vulnerable

Analysts have sharply raised their price target on EchoStar, lifting fair value from 28 dollars to 85 dollars. They cite a lower perceived risk profile, modestly improved long term margin and revenue expectations, and a higher justified future earnings multiple.
FOXA
US$75.69
Fox
7D
3.6%
1Y
54.6%

FOXA: Advertising And Distribution Strength Will Support Balanced Future Risk Reward Profile

Analysts have nudged our Fox price target higher, with fair value rising about $1.70 to roughly $73 per share as they factor in stronger advertising and distribution trends, modestly better revenue growth and margins, and a slightly richer future earnings multiple supported by a series of target hikes and rating upgrades across the Street. Analyst Commentary Recent Street research has turned more constructive on Fox, with multiple bullish analysts lifting price targets into the mid to high $60s and beyond and shifting ratings higher as they recalibrate expectations for advertising, distribution, and free cash flow.
CHTR
US$209.71
Charter Communications
7D
0.5%
1Y
-40.0%

CHTR: Broadband Losses And Fiber Competition Will Shape A Cautious Outlook

Analysts have trimmed their fair value estimate for Charter Communications to $200 from $223 per share. This reflects mounting concerns over accelerating broadband subscriber declines, intensifying fiber competition, and a more cautious outlook on revenue growth despite relatively stable profit margins.
PSKY
US$12.27
Paramount Skydance
7D
-8.4%
1Y
15.3%
NXST
US$206.26
Nexstar Media Group
7D
1.6%
1Y
30.9%