Should You Buy E W Scripps Co (SSP) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
E.W. Scripps Co (SSP) is not a strong buy for a beginner, long-term investor at the moment. The company's financial performance is weak, with significant declines in revenue, net income, and EPS. Technical indicators do not suggest a clear upward trend, and there are no strong positive catalysts or trading signals. While analysts have slightly raised the price target, the overall sentiment remains neutral. Given the lack of strong growth prospects and the absence of recent positive news or influential trading activity, it is better to hold off on investing in this stock for now.
Technical Analysis
The stock is in a neutral to bearish technical position. The MACD histogram is negative and contracting, RSI is at 26.564 (neutral zone), and moving averages are converging without a clear trend. Key support levels are at 3.388 and 3.273, with resistance at 3.763 and 3.878. The pre-market price of $3.45 is below the pivot level of 3.576, indicating potential weakness.