iHeartMedia, Inc. (IHRT) Thrives on Digital Audio GrowthiHeartMedia, Inc. (IHRT) is a leading audio media company that operates the largest network of radio stations and digital audio platforms in the U.S. Through iHeartRadio and podcasting, the company reaches hundreds of millions of listeners each month. iHeartMedia’s growth is fueled by strong digital advertising demand, expansion in podcasting, and its ability to integrate audio content across streaming, live events, and emerging digital platforms.
On the chart, a confirmation bar with rising vo
iHeartMedia, Inc.
No trades
No trades
In-depth trading ideas
iHeartMedia | IHRT | Long for the US Election CycleiHeartMedia NASDAQ:IHRT has been beat down, but I anticipate it may be on a path toward profitability during this US election cycle. This ad revenue may lead to the beginning of a nice move upward from the $1 range (a personal buy zone), but nothing is certain.
Target #1 - $2.25
Target #2 - $4.00
unusual pumping activitythey were noting high volume upside call action into earning on national television Friday. Only issue is the S&P has a higher propensity to sell off and drag this thing down with it. So if AAPL rallies for another week, so will this thing. All things being equal, I think it's a pump & dump and whoever bought 100K call spreads on this knows they'll get their heads handed to them in about 4-5 waves
IHRT Breaking Bearish TrendNote Worthy News:
Suffered greater than expected losses but CEO Bob Pittman in earnings call said they have been seeing an increase in revenue month over month since April
Entry:
9.20-9.30
Likely a pullback to resistance level before continuing bullish trend
Technical indicators:
EMA 10 crossing EMA 50
EMA 50 still below EMA 100
RSI showing bullish signal
Solid break of resistance established in March
possible IHS bottom for IHRT???Real simple analysis here,
IHRT is a company that has been hit particularly hard due to the coronavirus. It needs to bounce now if it expects to keep its head above water. It is down roughly 70% from its price in March and I wouldn't be surprised to see this play out heading into earnings and continuing assuming earnings go smoothly next Thursday, April 30th. RSI looks good some positive divergence on the left shoulder and head. Certainly is a risky play given all the uncertainty but I see a lo
IHRT Weathers Covid, But Will Return in Q3/Q4FOR EDUCATIONAL PURPOSES ONLY. INVESTING IS HIGH-RISK (ESPECIALLY RIGHT NOW).
IHRT comes out of May 2019 bankruptcy and looks healthy: The company became profitable, flipped negative shareholder equity to positive, and it's currently trading at ~76.5% below analysts' fair market value ($30.28); Nearly all ratings are STRONG BUY. Healthy price-to-book ratio coming out of bankruptcy with forecast earnings to grow steadily through end of 2020 into 2024. Three-year ROE is forecast to be 10.4%. Debt
I Heart Media - Do you?!Another senseless shelter pet here. The Corona virus didn't ruin this great company.
Anyone notice how aggressive YouTube ads are getting? Many people will look elsewhere for 'free' entertainment. Many tradesman stream radio all day long and can't skip the ads--and they keep listening.
Anyone account for retiring boomers with no savings? What's Netflix?
Older folks and young alike still LOVE radio - many ads still being sold, this medium isn't going anywhere. Get your piece of the pie at s
















