Wells Fargo sets USD 5.00 target for Gray Media stock
Published on 10/15/2026 at 18:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and market placement
- Wells Fargo set a USD 5.00 target and maintained its Hold rating on October 14, 2026.
- Second-quarter 2026 revenue reached USD 839.00 million, up 8.70 percent year over year.
- Gray Media stock costs EUR 3.97 at Lang & Schwarz on October 15, 2026 at 6:41 p.m. CEST, up 2.77 percent on Nasdaq versus the previous close.
- Gray Media had a USD 413.9 million market capitalization and a negative P/E of 9.48 as of October 15, 2026.
Wells Fargo maintained a Hold rating on Gray Media and set a USD 5.00 price target on October 14, 2026, according to Markets Insider. The target is 12.36 percent above the NYSE price of USD 4.45 at 12:51 p.m. EDT on October 15, 2026. At 6:41 p.m. CEST, Gray Media stock was EUR 3.97 at Lang & Schwarz on October 15, 2026, while the Nasdaq quote was up 2.77 percent versus the previous close.
Quarterly revenue sets the second marker
Gray Media reported USD 839.00 million in revenue for the second quarter of 2026, up 8.70 percent from USD 772.00 million a year earlier. Adjusted earnings per share reached USD 0.21 against a consensus loss estimate of USD 0.08, figures reported by MarketBeat on October 13, 2026.
Stock stays above its yearly low
The Nasdaq price of USD 4.45 stood 25.35 percent above the 52-week low of USD 3.55 and 30.90 percent below the 52-week high of USD 6.44 on October 15, 2026. The current market capitalization was USD 413.9 million, while the trailing P/E was negative 9.48. Gray Media's latest quarterly dividend was USD 0.08 per share, equivalent to a 7.20 percent annualized yield, according to MarketBeat.
Results date is November 6
Gray Media is scheduled to release results for the quarter ended September 30, 2026, on November 6, 2026, and will hold its earnings call at 11:00 a.m. ET, according to the company release carried by Yahoo Finance. The date gives the USD 5.00 target and the second-quarter revenue trend a clear next checkpoint.
Comparison with peers
GTN: plus 2.77 percent, P/E negative 9.48, market capitalization USD 413.9 million
Nexstar Media Group (Nasdaq, USD): plus 3.18 percent, P/E 31.56, market capitalization USD 5.1 billion
Sinclair, Inc. (Nasdaq, USD): plus 2.91 percent, P/E 16.85, market capitalization USD 919.4 million
Market view remains tied to earnings
Gray Media's next scheduled report matters because the company enters it with a positive second-quarter revenue comparison and a share price still below its yearly high. The Nasdaq move was stronger for both Nexstar Media Group and Sinclair on October 15, 2026, giving investors a direct same-day broadcasting comparison.
Gray Media was trading at EUR 3.97 at Lang & Schwarz on October 15, 2026 at 6:41 p.m. CEST. The Nasdaq quote was up 2.77 percent versus the previous close. The further course of trading is shown by the continuously updated real-time quote of Gray Media stock.
Gray Media market data
- Company: Gray Media, Inc.
- ISIN: US3893751061
- Ticker: GTN
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 6:41 p.m. CEST): EUR 3.97
- Nasdaq move: plus 2.77 percent versus the previous close
- Market capitalization: USD 413.9 million (as of October 15, 2026)
- 52-week range: USD 3.55-6.44 (as of October 15, 2026)
- Sector / Industry: Communication Services / Broadcasting
- Next earnings date: November 6, 2026
Market context: Market report S&P 500.
