
Townsquare Media (TSQ) Stock Forecast & Price Target
Townsquare Media (TSQ) Analyst Ratings
Bulls say
Townsquare Media Inc. demonstrates a positive outlook driven by a 2% increase in total digital revenue in the latest quarter, primarily fueled by growth in its Ignite platform. The company has seen a 15% year-over-year profit increase in its Interactive segment, reflecting successful expansions in service offerings and contributing to overall revenue growth. Furthermore, the strong cash flow generation from legacy radio assets supports deleveraging efforts and enhances the company's financial stability amid the ongoing scaling of its digital businesses.
Bears say
Townsquare Media Inc. faces significant challenges in its broadcast advertising segment, reporting an approximate 8% decline in revenues when excluding political contributions. Additionally, the company's guidance for both Q3 and Q4 revenues has been softer than previously anticipated, indicating a persistent difficulty in meeting financial expectations. Traffic-related headwinds, coupled with a restructuring of the sales force impacting client acquisitions, contribute to the decline in Interactive revenues, reinforcing the negative outlook for the company's financial performance.
This aggregate rating is based on analysts' research of Townsquare Media and is not a guaranteed prediction by Public.com or investment advice.
Townsquare Media (TSQ) Analyst Forecast & Price Prediction
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