GTN trades 42.3% below Wall Street's consensus target of $7.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes GTN achieves its forward estimates and maintains a stable P/E multiple of 2.1x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 9, 2026, Gray Media, Inc. (GTN) has a Wall Street consensus price target of $7.00, based on estimates from 9 covering analysts. With the stock currently trading at $4.92, this represents a potential upside of +42.3%. The company has a market capitalization of $480M.
Analyst price targets range from a low of $7.00 to a high of $7.00, representing a 0% spread in expectations. The median target of $7.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 7 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, GTN trades at a trailing P/E of 7.8x and forward P/E of 2.1x. Analysts expect EPS to grow +984.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $4.13, with bear and bull scenarios of $2.60 and $5.44 respectively. Model confidence stands at 38/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 NXSTNexstar Media Group, Inc. | $5.8B | $190.02 | $240.00 | +26.3% | Buy | 6.0x | 24 |
 SBGISinclair, Inc. | $956M | $13.68 | $22.78 | +66.5% | Buy | 10.1x | 20 |
 SSPThe E.W. Scripps Company | $243M | $3.05 | $3.90 | +27.9% | Hold | — | 8 |
 FOXFox Corporation | $26.1B | $59.50 | $84.80 | +42.5% | Hold | 10.0x | 43 |
 DISThe Walt Disney Company | $202.7B | $116.75 | $125.67 | +7.6% | Buy | 16.9x | 64 |
 CMCSAComcast Corporation | $86.6B | $24.39 | $26.05 | +6.8% | Buy | 7.0x | 62 |
 CHTRCharter Communications, Inc. | $15.9B | $118.07 | $156.56 | +32.6% | Buy | 3.0x | 56 |
 FUBOfuboTV Inc. | $224M | $7.60 | $63.38 | +733.9% | Hold | — | 15 |
 SIRISirius XM Holdings Inc. | $10.9B | $32.40 | $38.17 | +17.8% | Buy | 10.9x | 33 |
 NFLXNetflix, Inc. | $264.0B | $63.41 | $86.21 | +36.0% | Buy | 17.7x | 100 |
Quick answers to the most common questions about buying GTN stock.
The consensus Wall Street price target for GTN is $7, representing 42.3% upside from the current price of $4.92. With 9 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
GTN has a consensus rating of "Buy" based on 9 Wall Street analysts. The rating breakdown is predominantly bullish, with 7 Buy/Strong Buy ratings. The consensus 12-month price target of $7 implies 42.3% upside from current levels.
With a forward P/E of 2.1407x, GTN trades at a relatively low valuation. The consensus target of $7 implies 42.3% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $7 for GTN, while the most conservative target is $7. The consensus of $7 represents the median expectation. Our quantitative valuation model projects a bull case target of $5 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
GTN is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month GTN stock forecast based on 9 Wall Street analysts shows a consensus price target of $7, with estimates ranging from $7 (bear case) to $7 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $4, with bear/bull scenarios of $3/$5.
Our quantitative valuation model calculates GTN's fair value at $4 (base case), with a bear case of $3 and bull case of $5. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 38/100.
GTN trades at a forward P/E ratio of 2.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 7.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on GTN, with a "Buy" consensus rating and $7 price target (42.3% upside). 7 of 9 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
GTN analyst price targets range from $7 to $7, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $7 consensus represents the middle ground. Our model's $3-$5 range provides an independent fundamental perspective.
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