Wells Fargo keeps USD 5.00 target for Gray Media stock

Published on 10/20/2026 at 19:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 net income reached USD 14.00 million. Gray Media stock costs EUR 4.11 on October 20, 2026, and NYSE shares gain 2.90 percent from USD 4.48.

Analyst target and quarterly results

Wells Fargo maintained a USD 5.00 target for Gray Media on October 14, 2026.
Second-quarter 2026 net income reached USD 14.00 million versus a USD 56.00 million loss a year earlier.
Gray Media stock traded at EUR 4.11 at Lang & Schwarz on October 20, 2026 at 7:15 p.m. CEST.
Gray Media is scheduled to report third-quarter results on November 6, 2026.

GTN, US3893751061, Illustration mit AI erstellt.

Wells Fargo maintained a Hold rating and a USD 5.00 price target for Gray Media on October 14, 2026, according to Markets Insider. The target was 8.46 percent above the USD 4.61 NYSE quote used for the comparison. The stock was trading at EUR 4.11 at Lang & Schwarz on October 20, 2026 at 7:15 p.m. CEST.

Quarterly profit turned positive

Gray Media reported USD 839.00 million in revenue and USD 14.00 million in net income for the second quarter of 2026. Revenue increased 8.70 percent from USD 772.00 million in the second quarter of 2025, while the prior-year period recorded a USD 56.00 million net loss, according to Business Quant.

NYSE quote stays below yearly high

The NYSE quote was USD 4.61 on October 20, 2026 at 1:22 p.m. ET, up 2.90 percent from the USD 4.48 prior close. Gray Media's 52-week range was USD 3.55 to USD 6.44, and its market capitalization was USD 474.8 million on the same date. The euro quotation therefore remains below the recent dollar high without combining the two currencies in one performance calculation.

What does the target imply?

The USD 5.00 Wells Fargo target is 8.46 percent above the USD 4.61 NYSE quote. Gray Media also has a scheduled third-quarter earnings call on November 6, 2026, according to its Gray Media investor-relations page. The company identified the New York Stock Exchange as the listing venue for GTN in a September 28, 2026 filing with the SEC.

Gray Media versus media peers

On October 20, 2026, Gray Media's NYSE quote was USD 4.61, up 2.90 percent, with a negative price-to-earnings ratio of 9.80 and a market capitalization of USD 474.8 million. Nexstar Media Group (Nasdaq, USD): up 1.37 percent, price-to-earnings ratio 32.02, market capitalization USD 5.2 billion. Sinclair (Nasdaq, USD): up 3.48 percent, price-to-earnings ratio 17.50, market capitalization USD 955.8 million.

Dates and the trading view

The next scheduled company event is the third-quarter 2026 earnings call on November 6, 2026. The latest quarter gives investors a concrete comparison: USD 839.00 million of revenue and USD 14.00 million of net income, against USD 772.00 million and a USD 56.00 million loss a year earlier.

Gray Media stock was trading at EUR 4.11 at Lang & Schwarz on October 20, 2026 at 7:15 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Gray Media stock.