Should I Buy CCO? CCO 2026 Analysis

Should You Buy Clear Channel Outdoor Holdings Inc (CCO) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

2.170

1 Day change

4.83%

52 Week Range

2.290

Analysis Updated At

2026/02/04

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Not a good buy right now for an impatient entry: pre-market ($2.25, +4.17%) is sitting at/just under R1 ~2.252, where upside is often capped short-term.
Trend is constructive (bullish moving averages), but no Intellectia buy signals today, so there’s no “must-buy-now” confirmation.
Upside from here looks event-driven (takeover chatter) more than fundamentals; without a confirmed deal, the risk/reward at resistance is not compelling.
If you must act immediately, this is more of a chase/rumor trade than a clean technical entry; otherwise, prefer waiting for a pullback closer to Pivot ~2.122 (or S1 ~1.992) for a better entry.

Technical Analysis

Price/Trend: Bullish structure with SMA_5 > SMA_20 > SMA_200, indicating an established uptrend.
Momentum: MACD histogram positive (0.00612) but contracting, suggesting upside momentum is fading near current levels.
RSI: RSI(6) ~54 (neutral) — not overbought, but also not screaming “early up-leg.”
Key levels: Pivot 2.122; Resistance R1 2.252 (current pre-market ~2.25), then R2 2.333; Support S1 1.992, S2 1.911.
Intellectia Proprietary Trading Signals: Intellectia Proprietary Trading Signals
- AI Stock Picker: no signal on given stock today.
- SwingMax: No signal on given stock recently.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Positioning/Sentiment: Extremely call-skewed open interest (Put/Call OI ratio 0.07), implying bullish/speculative positioning.
Activity: Options volume is call-only today (113 calls, 0 puts) and elevated vs 30-day average (today vs avg ~10.68x), consistent with headline-driven interest.
Volatility: IV 30d ~88.42 vs HV ~79.13; IV elevated but below recent 5–10d averages (IV 5d ~104.67, IV 10d ~106.15), suggesting volatility has cooled a bit from very recent peaks.
Takeaway: Options market is leaning bullish, but it looks catalyst/rumor-fueled rather than steady accumulation.

Technical Summary

Sell

Buy

Positive Catalysts

- Takeover/speculation catalyst: reports that Mubadala Capital is exploring a purchase and broader takeover chatter continues.
- Strategy catalyst: Company outlined a plan targeting 6–8% EBITDA growth by 2028 and $1.7B shareholder value creation via U.S. focus and digital expansion.
- Flow/support: Hedge funds are buying (reported buying amount up ~657% last quarter).
- Technical tailwind: Bullish moving averages support trend-following demand if price can clear 2.252–2.333.

Neutral/Negative Catalysts

- Deal uncertainty: Takeover headlines are unconfirmed/unclear, and prior rumor-driven moves included a -4% drop on uncertainty.
- Price vs Street targets: Shares are trading above the latest raised $2 price targets, limiting “easy” upside from analyst re-rating alone.
- Balance sheet overhang: Leverage remains highlighted as a key concern (per analyst commentary).
- Near-term technical friction: Price is pressing into R1 resistance (~2.252) after a pre-market gap-up, often a spot for short-term supply.

Financial Performance

Latest quarter: 2025/Q3.
Revenue: $405.6M, +8.12% YoY, indicating steady top-line recovery/growth.
Profitability trend: Net income improved to -$60.1M (loss narrowed ~84.68% YoY improvement).
EPS: -0.12, improved ~71.43% YoY (still negative but trending better).
Margins: Gross margin 43.72%, up ~1.30% YoY.
Upcoming event: QDEC 2025 earnings on 2026-02-26 (pre-market) — a potential catalyst window.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent Street actions are modestly constructive but not bullish: both Wells Fargo and Morgan Stanley raised price targets to $2 while maintaining Equal Weight.
Implied Wall Street view:
- Pros: Fundamentals improving (better estimates, operational trajectory).
- Cons: Leverage is the main overhang, and analysts suggest additional confirmed M&A interest would be needed for meaningful upside.
Net: Analyst tone = cautiously improving, but current price is already ahead of the updated targets, so incremental support from ratings/targets is limited.

7 Analyst Rating

Wall Street analysts forecast CCO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CCO is 24.84 USD with a low forecast of 2 USD and a high forecast of 115.18 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

4 Hold

1 Sell

Hold

Current: 2.070

Low

Averages

24.84

High

115.18

Current: 2.070

Low

Averages

24.84

High

115.18

Wells Fargo

Equal Weight

maintain

AI Analysis

2025-11-12

Reason

Wells Fargo

Price Target

AI Analysis

2025-11-12

maintain

Equal Weight

Reason

Wells Fargo raised the firm's price target on Clear Channel Outdoor to $2 from $1.50 and keeps an Equal Weight rating on the shares. The firm's 2026 estimates move higher as fundamentals are improving, though leverage remains the chief concern. Management did not comment on take-private reports, but Wells thinks additional interest is required to drive upside to current pricing.

Morgan Stanley

Equal Weight

maintain

2025-11-10

Reason

Morgan Stanley

Price Target

2025-11-10

maintain

Equal Weight

Reason

Morgan Stanley raised the firm's price target on Clear Channel Outdoor to $2 from $1.75 and keeps an Equal Weight rating on the shares.

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CCO Should I Buy

CCO Should I Buy

Should You Buy Clear Channel Outdoor Holdings Inc (CCO) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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