Cumulus Media Inc. Stock Forecast NASDAQ:CMLS

Price Target and Analyst Ratings

Most Recent Rating

On September 21, 2021 "Noble Financial" gave "$27.00" rating for CMLS. The price target was changed from $9.89 to 2.0%.

Last 30 Days

Historical Ratings

Date	Rating	Action	Authority	Current Price	Target Price
2021-09-21	$27.00	Reiterated by	Noble Financial	$10.45	$9.89→2.0%
2021-05-27	Reduce - Buy	Target Raised by	B. Riley	$10.76	$14.00 → $18.00
2021-05-12	Neutral - Buy	Upgraded by	B. Riley	$9.94	$14.00
2021-05-06	Neutral - Buy	Upgraded by	B. Riley	$9.95	$14.00
2021-04-20	Neutral	Initiated by	B. Riley	$9.23
2020-08-12	Buy	Reiterated by	Noble Financial	$5.72
2020-08-12	Buy	Reiterated by	Noble Financial	$5.72
2020-06-02	Buy	Reiterated by	Noble Financial	$5.23	$10.00
2020-04-07	Neutral	Target Lowered by	B. Riley	$4.16	$12.00 → $4.00

CMLS Stock Trend

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled.

Given the current short-term trend, the stock is expected to fall -24.75% during the next 3 months and, with a 90% probability hold a price between $7.40 and $8.52 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

WARNING: Trend forecast is still in the development phase and should be used with caution. Some cases might produce unexpected results such as negative prices at the end of the trend.

Data

Date	Bottom	Mid	Top
2021-09-23	$9.77	$10.52	$11.26
2021-09-24	$9.71	$10.46	$11.20
2021-09-27	$9.65	$10.40	$11.14
2021-09-28	$9.59	$10.34	$11.09
2021-09-29	$9.54	$10.28	$11.03
2021-09-30	$9.48	$10.22	$10.97
2021-10-01	$9.42	$10.16	$10.91
2021-10-04	$9.36	$10.10	$10.85
2021-10-05	$9.30	$10.04	$10.79
2021-10-06	$9.24	$9.99	$10.73
2021-10-07	$9.18	$9.93	$10.67
2021-10-08	$9.12	$9.87	$10.61
2021-10-11	$9.06	$9.81	$10.55
2021-10-12	$9.00	$9.75	$10.49
2021-10-13	$8.94	$9.69	$10.44
2021-10-14	$8.89	$9.63	$10.38
2021-10-15	$8.83	$9.57	$10.32
2021-10-18	$8.77	$9.51	$10.26
2021-10-19	$8.71	$9.45	$10.20
2021-10-20	$8.65	$9.39	$10.14
2021-10-21	$8.59	$9.34	$10.08
2021-10-22	$8.53	$9.28	$10.02
2021-10-25	$8.47	$9.22	$9.96
2021-10-26	$8.41	$9.16	$9.90
2021-10-27	$8.35	$9.10	$9.84
2021-10-28	$8.29	$9.04	$9.79
2021-10-29	$8.24	$8.98	$9.73
2021-11-01	$8.18	$8.92	$9.67
2021-11-02	$8.12	$8.86	$9.61
2021-11-03	$8.06	$8.80	$9.55

About Cumulus Media Inc.

Cumulus Media Inc. owns and operates radio stations in the United States. It sells commercial advertising time to local, national, and network clients on its radio stations. The company offers content through approximately 454 owned-and-operated stations in 90 United States media markets; and approximately 8,200 broadcast radio affiliates and various digital channels. As of December 31, 2015, it provided sales and marketing services for 11 radio ... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!