Should you buy Audacy (AUD) stock?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Audacy in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AUD shares. View AUD analyst ratings or view top-rated stocks. What is Audacy's stock price forecast for 2023?

Is Audacy planning a reverse stock split?

In a late January Securities and Exchange Commission filing, Audacy (NYSE: AUD) said one remedy it has planned is a reverse stock split, where shares of the company’s stock are effectively merged to form a smaller number of proportionally more valuable shares.

Where is Audacy headquartered?

Audacy, Inc. was founded in 1968 and is headquartered in Philadelphia, Pennsylvania. More... A high-level overview of Audacy, Inc. (AUDA) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.

What are Audacy's financial woes?

Audacy executives attributed the financial woes to decreased advertising demand and macroeconomic issues created by inflation and Russia’s ongoing conflict with Ukraine. The nation’s second largest radio station owner has more than $2 billion in debt on its books.