Should You Buy Tegna Inc (TGNA) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Tegna Inc (TGNA) is not a strong buy at the moment for a beginner, long-term investor with $50,000-$100,000 available for investment. The company's financial performance has significantly deteriorated, hedge funds are selling, and there are no recent positive catalysts or strong technical signals to support a buy decision. The stock's technical indicators are neutral, and options data does not suggest strong bullish sentiment. It is better to hold off on investing in this stock until there are clearer signs of improvement or positive momentum.
Technical Analysis
The MACD histogram is slightly positive at 0.00362 and expanding, indicating mild bullish momentum. However, the RSI is neutral at 45.813, and moving averages are converging, showing no clear trend. The stock is trading near its support level (S1: 18.709) but below the pivot (19.065), suggesting limited upside potential in the short term.