Townsquare Media stock: Barrington kept USD 10.00 target for Townsquare Media stock

Published on 10/24/2026 at 00:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 115.4 million, while adjusted EBITDA was USD 24.8 million. For Townsquare Media stock, Q3 revenue guidance is USD 108-110 million.

Analyst view and upcoming results

Barrington reiterated a USD 10.00 target for Townsquare Media on October 15, 2026.
Digital advertising revenue grew 11 percent year over year in the second quarter of 2026.
Townsquare Media is scheduled to release third-quarter results on November 4, 2026.

TSQ, US8922311019, Illustration mit AI erstellt.

Townsquare Media (ISIN US8922311019) carried a USD 10.00 price target from Barrington after analyst Patrick Sholl reiterated his Buy rating on October 15, 2026, as Markets Insider reported. The target is more than double the USD 3.83 last price recorded on the NYSE on October 23, 2026.

Q2 growth came from digital

Townsquare's second-quarter 2026 net revenue was USD 115.4 million and adjusted EBITDA was USD 24.8 million, according to Benzinga on October 5, 2026. Digital advertising revenue grew 11 percent year over year in the quarter, while adjusted EBITDA declined 6.2 percent year over year.

The earnings call also showed the tension inside the business. Townsquare posted a GAAP net loss of USD 41.98 million for the quarter, while its digital advertising operation accelerated. The company guided for third-quarter revenue of USD 108 million to USD 110 million and adjusted EBITDA of USD 22.5 million to USD 23.5 million.

What does the target mean for TSQ?

The USD 10.00 target sits 161.10 percent above the USD 3.83 NYSE price. That gap reflects the market's need for evidence that digital growth can offset pressure in broadcast advertising and the recent GAAP loss. Townsquare's business spans digital advertising, subscription digital marketing services and local radio.

Three milestones shape the case

On October 1, 2026, Townsquare announced a partnership with Lakes Media Network, with digital contributing more than half of company revenue and profit, according to MarketScreener. On October 5, 2026, the company discussed second-quarter revenue of USD 115.4 million and adjusted EBITDA of USD 24.8 million on its earnings call. On October 15, 2026, Barrington reiterated its USD 10.00 target.

What comes next for Townsquare?

Townsquare is scheduled to release third-quarter 2026 results before the market opens on November 4, 2026, followed by an 8:00 a.m. ET conference call, according to GlobeNewswire. The telephone replay is scheduled to remain available through November 11, 2026.

NYSE valuation and trading context

Townsquare Media was last at USD 3.83 on October 23, 2026 at 4:00 p.m. EDT on the NYSE. Its market capitalization was USD 64.8 million, and its 52-week range was USD 3.61 to USD 7.97 as of October 23, 2026.