$2.99
0.20[7.17%]
At close: Apr 19
$2.79
-0.2000[-6.69%]
After Hours: 4:00PM EDT
Cumulus Media
(NASDAQ:CMLS)Cumulus Media Stock (NASDAQ:CMLS), Analyst Ratings, Price Targets, Predictions
Cumulus Media Inc has a consensus price target of $3.67, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from Noble Capital Markets, Barrington Research, and Barrington Research on February 28, 2024, February 28, 2024, and February 27, 2024. With an average price target of $2.67 between Noble Capital Markets, Barrington Research, and Barrington Research, there's an implied -4.42% downside for Cumulus Media Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Noble Capital Markets
Barrington Research
B. Riley Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Cumulus Media
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 02/28/2024 | CMLS | Buy Now | Cumulus Media | $2.79 | — | Noble Capital Markets | Michael Kupinski | — | Downgrade | Outperform → Market Perform | Get Alert |
| 02/28/2024 | CMLS | Buy Now | Cumulus Media | $2.79 | — | Barrington Research | James Goss | — | Downgrade | Outperform → Market Perform | Get Alert |
| 02/27/2024 | CMLS | Buy Now | Cumulus Media | $2.79 | 186.74% | Barrington Research | James Goss | → $8 | Reiterates | Outperform → Outperform | Get Alert |
| 07/31/2023 | CMLS | Buy Now | Cumulus Media | $2.79 | 294.27% | B. Riley Securities | Daniel Day | $10 → $11 | Maintains | Buy | Get Alert |
| 07/31/2023 | CMLS | Buy Now | Cumulus Media | $2.79 | 186.74% | Barrington Research | James Goss | → $8 | Reiterates | Outperform → Outperform | Get Alert |
| 05/02/2023 | CMLS | Buy Now | Cumulus Media | $2.79 | 186.74% | Barrington Research | James Goss | $11 → $8 | Reiterates | → Outperform | Get Alert |
| 04/28/2023 | CMLS | Buy Now | Cumulus Media | $2.79 | 258.42% | B. Riley Securities | Daniel Day | $16 → $10 | Maintains | Buy | Get Alert |
| 04/28/2023 | CMLS | Buy Now | Cumulus Media | $2.79 | 294.27% | Barrington Research | James Goss | → $11 | Reiterates | → Outperform | Get Alert |
| 02/27/2023 | CMLS | Buy Now | Cumulus Media | $2.79 | 294.27% | Barrington Research | James Goss | $14 → $11 | Reiterates | → Outperform | Get Alert |
| 10/14/2022 | CMLS | Buy Now | Cumulus Media | $2.79 | 796.06% | B. Riley Securities | Daniel Day | $23 → $25 | Maintains | Buy | Get Alert |
| 05/05/2022 | CMLS | Buy Now | Cumulus Media | $2.79 | — | Barrington Research | James Goss | — | Initiates | → Outperform | Get Alert |
| 05/06/2021 | CMLS | Buy Now | Cumulus Media | $2.79 | 401.79% | B. Riley Securities | Daniel Day | — | Upgrade | Neutral → Buy | Get Alert |
FAQ
What is the target price for Cumulus Media (CMLS)?
The latest price target for Cumulus Media (NASDAQ: CMLS) was reported by Noble Capital Markets on February 28, 2024. The analyst firm set a price target for $0.00 expecting CMLS to fall to within 12 months (a possible -100.00% downside). 8 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 Noble Capital Markets, and Cumulus Media downgraded their market perform rating.
When was the last upgrade for Cumulus Media (CMLS)?
The last upgrade for Cumulus Media Inc happened on May 6, 2021 when B. Riley Securities raised their price target to $14. B. Riley Securities previously had a neutral for Cumulus Media Inc.
When was the last downgrade for Cumulus Media (CMLS)?
The last downgrade for Cumulus Media Inc happened on February 28, 2024 when Noble Capital Markets changed their price target from N/A to N/A for Cumulus Media Inc.
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 February 28, 2024 so you should expect the next rating to be made available sometime around February 28, 2025.
Is the Analyst Rating Cumulus Media (CMLS) correct?
While ratings are subjective and will change, the latest Cumulus Media (CMLS) rating was a downgraded with a price target of $0.00 to $0.00. The current price Cumulus Media (CMLS) is trading at is $2.99, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.