
Townsquare Media (TSQ) Stock Forecast & Price Target
Townsquare Media (TSQ) Analyst Ratings
Bulls say
Townsquare Media Inc. has demonstrated a positive trajectory with a 2% increase in total digital revenue, driven primarily by growth in the Ignite platform. The company has also reported a 15% year-over-year profit increase in its Interactive segment, reflecting successful expansion of services and a return to growth in this critical area. Additionally, the cash flow generation from legacy radio assets is supporting deleveraging efforts and enhancing capital returns, while the scaling of digital operations is strengthening the overall financial position of the company.
Bears say
Townsquare Media Inc. has experienced a decline in its broadcast advertising revenues, which fell approximately 8% when excluding political contributions, indicating a challenging advertising environment. The company has issued weaker top-line guidance for Q3 and Q4, suggesting ongoing difficulties in meeting revenue expectations amid traffic-related challenges and a restructuring of the sales force affecting client acquisitions. Additionally, the traditional radio segment has been impacted by economic uncertainty and diminished advertising spending, contributing to an overall negative outlook for the company.
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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