OUTFRONT MEDIA APPOINTS GLOBAL MEDIA EXECUTIVE NICK BRIEN AS CEO AND BOLSTERS BOARD WITH MAGNITE'S MICHAEL BARRETT AND NETFLIX'S NICOLLE PANGIS | Intellectia.AI
OUTFRONT MEDIA APPOINTS GLOBAL MEDIA EXECUTIVE NICK BRIEN AS CEO AND BOLSTERS BOARD WITH MAGNITE'S MICHAEL BARRETT AND NETFLIX'S NICOLLE PANGIS
Written by Emily J. Thompson, Senior Investment Analyst
Leadership Appointment: OUTFRONT Media Inc. has appointed Nick Brien as Chief Executive Officer, effective immediately, after serving as Interim CEO since February 2025.
Board Expansion: The company has strengthened its Board of Directors by adding industry leaders Michael Barrett and Nicolle Pangis, enhancing expertise in advertising technology and media strategies.
Strategic Vision: Brien emphasizes the importance of out-of-home advertising in building consumer trust and engagement, aiming to modernize operations and invest in new technologies for growth.
Organizational Changes: Recent leadership updates include the hiring of key executives and the formation of distinct sales organizations to improve focus and delivery for advertisers.
OUT
$24.13+Infinity%1D
Analyst Views on OUT
Wall Street analysts forecast OUT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for OUT is 20.25 USD with a low forecast of 20.00 USD and a high forecast of 21.00 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.
4 Analyst Rating
Wall Street analysts forecast OUT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for OUT is 20.25 USD with a low forecast of 20.00 USD and a high forecast of 21.00 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.
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 23.280
Low
20.00
Averages
20.25
High
21.00
Current: 23.280
Low
20.00
Averages
20.25
High
21.00
Morgan Stanley
Cameron McVeigh
Equal Weight -> Overweight
upgrade
$20 -> $28
2025-12-16
New
Reason
Morgan Stanley
Cameron McVeigh
Price Target
$20 -> $28
2025-12-16
New
upgrade
Equal Weight -> Overweight
Reason
Morgan Stanley analyst Cameron McVeigh upgraded Outfront Media to Overweight from Equal Weight with a price target of $28, up from $20. The firm sees a "strong" 2026 for U.S. advertising spend due to digital strength. Connected TV should be the fastest area of growth in a "healthy" ad market, the analyst tells investors in a research note. Morgan Stanley sees upside to Outfront's consensus estimates from digital billboards and transit displays.
JPMorgan
Neutral -> Overweight
upgrade
$19 -> $25
2025-11-12
Reason
JPMorgan
Price Target
$19 -> $25
2025-11-12
upgrade
Neutral -> Overweight
Reason
JPMorgan upgraded Outfront Media to Overweight from Neutral with a price target of $25, up from $19. The out-of-home channel "stands out as the most resilient" traditional advertising market and momentum improved in Q3, the analyst tells investors in a research note. The firm is bullish on the sector in 2026 and sees cyclical tailwinds from the midterm elections as well as the FIFA World Cup. JPMorgan sees Outfront Media outperforming Lamar due to its "outsized" exposure to the markets hosting World Cup matches, momentum in transit, and stronger earnings expansion potential.
Citi
Buy
upgrade
$20 -> $23
2025-11-12
Reason
Citi
Price Target
$20 -> $23
2025-11-12
upgrade
Buy
Reason
Citi raised the firm's price target on Outfront Media to $23 from $20 and keeps a Buy rating on the shares.
Barrington
Outperform
maintain
$21 -> $23
2025-11-11
Reason
Barrington
Price Target
$21 -> $23
2025-11-11
maintain
Outperform
Reason
Barrington raised the firm's price target on Outfront Media to $23 from $21 and keeps an Outperform rating on the shares. Q3 results and Q4 trends suggest a "solid close to year," the analyst tells investors in a post-earnings note.
About OUT
OUTFRONT Media Inc. and its subsidiaries is a real estate investment trust (REIT), which provides advertising space (displays) on out-of-home advertising structures and sites in the United States. The Company’s segments include Billboard and Transit. The Company’s inventory consists of billboard displays, which are primarily located on the heavily traveled highways and roadways in top Nielsen Designated Market Areas (DMAs), and transit advertising displays operated under exclusive multi-year contracts with municipalities in large cities across the United States. The Company's portfolio provides its customers with a range of options, from national, brand-building campaigns to hyper-local campaigns. In addition to leasing displays, it provides other value-added services to its customers, such as pre-campaign category research, consumer insights, print production, creative services and post-campaign tracking and analytics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
