Gray Media stock fell 1.51 percent before November 6 results

Published on 10/08/2026 at 04:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gray Media stock was last at USD 4.58 on October 7, 2026, while six analysts set a Moderate Buy consensus. Third-quarter results are due November 6.

GTN, US3893751061, Illustration mit AI erstellt.

Gray Media stock (ISIN US3893751061) was last at USD 4.58 on the NYSE on October 7, 2026, down 1.51 percent from USD 4.65. The company will publish third-quarter results on November 6, 2026, a date announced by GlobeNewswire on October 2, 2026.

November results set the next test

The upcoming release will cover the quarter ended September 30, 2026, and management will hold its investor call at 11:00 a.m. ET on November 6, 2026, according to GlobeNewswire.

The timetable matters because the company lifted third-quarter political advertising guidance on September 28, 2026. The new range is USD 188 million-USD 195 million, compared with USD 165 million-USD 185 million previously, while total revenue guidance moved to USD 950 million-USD 965 million from USD 935 million-USD 965 million, according to GlobeNewswire.

Second quarter showed a sharper rebound

For the second quarter of 2026, Gray Media reported revenue of USD 839 million and diluted EPS of USD 0.21, versus an analyst estimate of a USD 0.08 loss. Revenue increased 8.7 percent year over year, while the prior-year quarter included a USD 0.71 per-share loss, MarketBeat reported on October 1, 2026.

The operating picture also improved sequentially. Second-quarter operating profit was USD 136 million, compared with USD 81 million in the first quarter of 2026, while net income reached USD 14 million after a USD 20 million first-quarter loss.

Consensus target stays above the stock

MarketBeat reported on October 1, 2026, that six analysts gave Gray Media a Moderate Buy consensus and an average price target of USD 7.88. That target lies 72.1 percent above the USD 4.58 price, making the November report the next concrete test of whether the higher advertising outlook can support the valuation gap.

Gray Media stock remains below its yearly high

Gray Media stock was last at USD 4.58 on the NYSE on October 7, 2026, with a 52-week range of USD 3.55 to USD 6.43 and volume of 48,311 shares. Its market capitalization was USD 465.8 million as of October 7, 2026.