
TEGNA (TGNA) Stock Forecast & Price Target
TEGNA (TGNA) Analyst Ratings
Bulls say
Tegna Inc demonstrates a positive outlook driven by key revenue streams such as advertising and marketing services, which benefit from an improving advertising market and potential deregulation impacts. The company's robust digital presence across various platforms enhances its ability to reach consumers effectively, thereby potentially increasing its market share and revenue opportunities. Additionally, favorable regulatory conditions may support strategic growth initiatives, including acquisition prospects, further strengthening Tegna’s market position.
Bears say
Tegna Inc faces significant downside risks, particularly related to the uncertainty surrounding the Nexstar transaction and a potential decline in demand for its advertising inventory stemming from macroeconomic weaknesses. Additionally, the company may experience challenges such as declining station ratings, loss of affiliation agreements, and adverse impacts from the consolidation of multi-video programming distributors (MVPDs) and new technologies affecting retransmission renewals. These factors, compounded by shifting advertising dollars away from local broadcast media, contribute to the overall negative outlook on Tegna's stock performance.
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
Start investing in TEGNA (TGNA)
Order type
Buy in
Order amount
Est. shares
0 shares