Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
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Valued as a mature, profitable company: Discounted cash flow.
ACCE opinionClear Channel Outdoor Holdings Inc. Common Stock (CCO)
Fair value
Not available
ACCE price target
$2.20
Rating
Not rated
Horizon
12 months
ACCE price target published on 12 Oct 2026, 00:00 CEST.
Price used: $2.42 at the close on 14 Oct 2026, 22:00 CEST.
Models: Discounted cash flow.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
49
out of 100
Analysts
0% buy
3 covering
P/E
0.0x
forward -17.3x
1-year return
+79.3%
Dividend yield
0.00%
Clear Channel Outdoor Holdings Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Clear Channel Outdoor sells out-of-home advertising: billboards, transit displays and digital screens in airports, subway systems and city streets across the US, Europe and Asia. Its moat is the scarcity of prime physical inventory, since new street-level sites are hard to permit and expensive to build, and that scarcity supports a 54.2% gross margin and a 21.4% operating margin. Revenue growth of 8.7% gives the company a clear top-line tailwind as advertisers shift spending toward measurable, location-based media, and the digital conversion of its billboard estate lets it sell the same space more often. The score of 49/100 and the forward P/E of 114.9 say the market is not yet paying for that margin profile, because heavy debt and thin near-term earnings keep the equity story fragile. The question for the deeper look is whether operating margin can keep climbing as digital mix rises, and whether that improvement reaches equity holders after interest costs.
⚠ Investor warnings · 5 flagsAI-assisted·How I use AI
high
Heavy insider selling
Insiders sold $62.98M of stock across the last 10 disclosed transactions and bought $0.00M, a one-directional signal from people with the most information.
high
Earnings collapse despite growth
Earnings fell 75.8% year over year and net margin is -6.3%, even though revenue grew 8.7%, so the top-line gain is not reaching shareholders.
high
Leveraged balance sheet
Debt/Equity of -1.91 signals negative book equity, and with FCF of $32M against a $1.2B market cap the capital structure leaves little margin for error.
moderate
Long-term revenue decline
The 5-year revenue CAGR is -2.9%, so the recent 8.7% growth follows a multi-year contraction rather than a sustained trend.
moderate
Price above ACCE target
At $2.42 the stock trades 10.0% above the ACCE price target of $2.20, and the forward P/E of 114.9 leaves earnings expectations hard to support.
AI research notes
AI-assisted·How I use AIWritten Oct 20, 2026 · figures from 2026-06-30 · prices to Oct 14, 2026
Why it could do well
Revenue grew 8.7% year over year in the latest 10-Q, a sign the advertising business is picking up again.
Free cash flow over the last twelve months came to $32M, so the business is still generating real cash.
The latest quarterly earnings per share matched expectations exactly, with no surprise in either direction.
Why it could disappoint
Net margin is -6.3% and return on equity is 0.0%, so the company is still losing money on its sales.
Revenue has shrunk 2.9% a year on average over five years, so the recent growth may not last.
The forward P/E of 114.9x leaves almost no room for error at a share price of $2.42.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Nov 5, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
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Where CCO's valuation models land
Price
$2.42
Model fair valueConfidence: low
about $0.18
Model
Fair value
Upside
Discounted cash flow
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