Should You Buy iHeartMedia Inc (IHRT) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/29
IHRT is not a good buy right now for a beginner, long-term investor with $50k–$100k who wants to act immediately. Despite being extremely oversold, the primary trend is still bearish (weak momentum and recent -5.9% drop), revenue is shrinking, profitability remains negative, and the latest analyst change includes a downgrade to Sell. With no Intellectia buy signals today (AI Stock Picker: none; SwingMax: none), there isn’t a high-conviction edge to step in immediately—so the better call is to avoid/exit rather than buy.
Technical Analysis
Trend/momentum is still bearish. MACD histogram is negative (-0.0661) and expanding downward, which typically signals downside momentum is strengthening. RSI(6) at 15.57 is deeply oversold, which can produce short, sharp bounces, but oversold alone is not a durable long-term entry signal when MACD is deteriorating. Price (~3.25 close) is below the pivot (3.606) and is hovering near support: S1=3.291 (already slightly under/around it) and S2=3.096. Immediate upside resistance sits at 3.606–3.921; a failed bounce into that zone would be consistent with a continuing downtrend.