Clear Channel Outdoor Holdings, Inc. (CCO)Communication Services | Advertising Agencies | San Antonio, United States | NYSE
2.42 USD
-0.01
(-0.412%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 6:20 a.m. EDT
The investment thesis here has shifted entirely from a standalone business play to a merger arbitrage scenario. The company is effectively being acquired by Mubadala Capital and TWG Global for $6.2 billion, which translates to a target price of approximately $3.00 per share. Currently trading at $2.43, the stock offers a modest 23% upside to the deal price, but the real story is the certainty of the exit. The fundamental business is in freefall; over the last nine years, the stock has lost 77.59% of its value, driven by six consecutive years of negative annual returns in the recent history. With negative earnings, a negative book value, and no dividend history, there is no traditional value case. However, the pending buyout provides a clear path to recovery for existing shareholders. The options market is pricing in this resolution, with heavy call buying at the $3.00 strike level reflecting the anticipated deal completion. For investors, this is not a stock to hold for growth or income, but a vehicle to participate in a specific corporate transaction. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.012117 |
| AutoARIMA | 0.012163 |
| AutoTheta | 0.013189 |
| AutoETS | 0.014813 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 72% |
| H-stat | 2.00 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.384 |
| Excess Kurtosis | -0.03 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Revenue per Share | 3.355 |
| Market Cap | 1,232,007,168 |
| Forward P/E | -17.29 |
| Beta | 2.02 |
| Profit Margins | -6.31% |
| Website | https://clearchanneloutdoor.com |
As of Oct. 10, 2026, 6:20 a.m. EDT: Speculators are positioning for a significant gap-up event rather than organic appreciation. Call volume is heavily skewed toward out-of-the-money strikes ($3.00 and $4.00) expiring in late 2026 and early 2027, suggesting bets on a takeover premium or a sharp rally to meet a target price. Conversely, put writing is concentrated at lower strikes ($2.00), indicating a floor is expected, while the massive open interest in $3.00 calls acts as a psychological resistance level where sellers may step in. The implied volatility spike on deep OTM calls confirms this is a speculative, binary-event trade.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.28723407 |
| Address1 | 4,830 North Loop 1604 West |
| Address2 | Suite 111 |
| All Time High | 31.14 |
| All Time Low | 0.36 |
| Ask | 0.0 |
| Ask Size | 1,011,000 |
| Audit Risk | 1 |
| Average Analyst Rating | 3.0 - Hold |
| Average Daily Volume10 Day | 5,038,030 |
| Average Daily Volume3 Month | 6,874,856 |
| Average Volume | 6,874,856 |
| Average Volume10Days | 5,038,030 |
| Beta | 2.021 |
| Bid | 0.0 |
| Bid Size | 411,100 |
| Board Risk | 3 |
| Book Value | -6.804 |
| City | San Antonio |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.42 |
| Current Ratio | 1.254 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 2.455 |
| Day Low | 2.42 |
| Display Name | Clear Channel Outdoor |
| Dividend Date | 1,516,752,000 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,772,107,200 |
| Earnings Call Timestamp Start | 1,772,107,200 |
| Earnings Timestamp | 1,785,933,000 |
| Earnings Timestamp End | 1,793,881,800 |
| Earnings Timestamp Start | 1,793,881,800 |
| Ebitda | 518,040,000 |
| Ebitda Margins | 0.30853 |
| Enterprise To Ebitda | 14.508 |
| Enterprise To Revenue | 4.476 |
| Enterprise Value | 7,515,812,864 |
| Eps Forward | -0.14 |
| Eps Trailing Twelve Months | -0.23 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 2.3824 |
| Fifty Day Average Change | 0.03760004 |
| Fifty Day Average Change Percent | 0.015782421 |
| Fifty Two Week Change Percent | 28.723408 |
| Fifty Two Week High | 2.46 |
| Fifty Two Week High Change | -0.03999996 |
| Fifty Two Week High Change Percent | -0.016260147 |
| Fifty Two Week Low | 1.7 |
| Fifty Two Week Low Change | 0.72 |
| Fifty Two Week Low Change Percent | 0.42352942 |
| Fifty Two Week Range | 1.7 - 2.46 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,131,978,600,000 |
| Float Shares | 385,297,495 |
| Forward Eps | -0.14 |
| Forward P E | -17.285715 |
| Free Cashflow | 80,568,376 |
| Full Exchange Name | NYSE |
| Full Time Employees | 1,900 |
| Fullday Change | -0.00999999 |
| Fullday Change Percent | -0.41152224 |
| Fullday Price | 2.42 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.54219 |
| Gross Profits | 910,369,984 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.16448 |
| Held Percent Institutions | 0.82759005 |
| Implied Shares Outstanding | 509,093,845 |
| Industry | Advertising Agencies |
| Industry Disp | Advertising Agencies |
| Industry Key | advertising-agencies |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Clear Channel Outdoor Holdings, Inc. operates as an out-of-home advertising company in the United States and Singapore. The company operates in two segments, America and Airports. It offers advertising services through billboards, including bulletins and posters, as well as spectaculars, which are customized display structures with videos, three-dimensional elements and moving parts; street furniture displays, such as advertising surfaces on bus shelters, kiosks, news racks, and other public structures; transit displays in rail stations and on buses, trains, and trams; and wallscapes, as well as advertising solutions to commercial and private airports. The company offers solutions, such as RADARView, an audience and campaign planning tool, which uses historical mobile location data; RADARConnect, a campaign amplification solution that delivers supportive advertisements across mobile and other devices and extends the reach; RADARProof, a campaign measurement and attribution solutions, which analyzes anonymized and/or aggregated data; and RADARSync, a data integration platform designed to enable customized application of the RADAR tools and privacy-compliant sharing of RADAR insights with analytics platforms. It has strategic alliance with FootballCo Media Limited to provide real-time tournament content on digital screens across the United States. The company was formerly known as Eller Media Company and changed its name to Clear Channel Outdoor Holdings, Inc. in August 2005. Clear Channel Outdoor Holdings, Inc. was incorporated in 1995 and is headquartered in San Antonio, Texas. |
| Long Name | Clear Channel Outdoor Holdings, Inc. |
| Market | us_market |
| Market Cap | 1,232,007,168 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_23499518 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -118,151,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,196,370,535 |
| Number Of Analyst Opinions | 1 |
| Open | 2.42 |
| Operating Cashflow | 160,374,000 |
| Operating Margins | 0.21422 |
| Overall Risk | 2 |
| Payout Ratio | 0.0 |
| Peg Ratio | 16.57 |
| Phone | 210 547 8800 |
| Previous Close | 2.43 |
| Price Hint | 4 |
| Price To Book | -0.35567316 |
| Price To Sales Trailing12 Months | 0.7337499 |
| Profit Margins | -0.06313 |
| Quick Ratio | 0.909 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 3.0 |
| Region | US |
| Regular Market Change | -0.00999999 |
| Regular Market Change Percent | -0.411522 |
| Regular Market Day High | 2.455 |
| Regular Market Day Low | 2.42 |
| Regular Market Day Range | 2.42 - 2.455 |
| Regular Market Open | 2.42 |
| Regular Market Previous Close | 2.43 |
| Regular Market Price | 2.42 |
| Regular Market Time | 1,792,008,002 |
| Regular Market Volume | 2,957,743 |
| Return On Assets | 0.057550002 |
| Revenue Growth | 0.087 |
| Revenue Per Share | 3.355 |
| Sand P52 Week Change | 0.13723719 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 509,093,845 |
| Shares Percent Shares Out | 0.0689 |
| Shares Short | 35,064,489 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 28,693,012 |
| Short Name | Clear Channel Outdoor Holdings, |
| Short Percent Of Float | 0.1171 |
| Short Ratio | 7.71 |
| Source Interval | 15 |
| State | TX |
| Symbol | CCO |
| Target High Price | 2.43 |
| Target Low Price | 2.43 |
| Target Mean Price | 2.43 |
| Target Median Price | 2.43 |
| Total Cash | 192,138,000 |
| Total Cash Per Share | 0.377 |
| Total Debt | 6,469,542,912 |
| Total Revenue | 1,679,056,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.23 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.3503 |
| Two Hundred Day Average Change | 0.0697 |
| Two Hundred Day Average Change Percent | 0.029655788 |
| Type Disp | Equity |
| Volume | 2,957,743 |
| Website | https://clearchanneloutdoor.com |
| Zip | 78,249 |