| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/31/2023 | 44.4% | Barrington Research | → $8 | Reiterates | Outperform → Outperform |
| 05/02/2023 | 44.4% | Barrington Research | $11 → $8 | Reiterates | → Outperform |
| 04/28/2023 | 80.51% | B. Riley Securities | $16 → $10 | Maintains | Buy |
| 04/28/2023 | 98.56% | Barrington Research | → $11 | Reiterates | → Outperform |
| 02/27/2023 | 98.56% | Barrington Research | $14 → $11 | Reiterates | → Outperform |
| 10/14/2022 | 351.26% | B. Riley Securities | $23 → $25 | Maintains | Buy |
| 05/05/2022 | — | Barrington Research | Initiates Coverage On | → Outperform | |
| 05/06/2021 | 152.71% | B. Riley Securities | → $14 | Upgrades | Neutral → Buy |
| 04/07/2020 | -27.8% | B. Riley Securities | $12 → $4 | Maintains | Neutral |
| 03/18/2020 | 116.61% | B. Riley Securities | $19 → $12 | Maintains | Neutral |
| 05/07/2019 | 261.01% | B. Riley Securities | → $20 | Initiates Coverage On | → Neutral |
What is the target price for Cumulus Media (CMLS)?
The latest price target for Cumulus Media (NASDAQ: CMLS) was reported by Barrington Research on July 31, 2023. The analyst firm set a price target for $8.00 expecting CMLS to rise to within 12 months (a possible 44.40% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cumulus Media (CMLS)?
The latest analyst rating for Cumulus Media (NASDAQ: CMLS) was provided by Barrington Research, and Cumulus Media reiterated their outperform rating.
When is the next analyst rating going to be posted or updated for Cumulus Media (CMLS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cumulus Media, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cumulus Media was filed on July 31, 2023 so you should expect the next rating to be made available sometime around July 31, 2024.
Is the Analyst Rating Cumulus Media (CMLS) correct?
While ratings are subjective and will change, the latest Cumulus Media (CMLS) rating was a reiterated with a price target of $0.00 to $8.00. The current price Cumulus Media (CMLS) is trading at is $5.54, which is within the analyst's predicted range.