The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell".
Wall Street's median 12-month price target for Starz Entertainment Corp. is $30.00, about 16.6% above its Aug. 6 closing price of $25.74.
US premium TV and streaming provider Starz said second-quarter revenue slightly beat analyst expectations.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Slight Beat* | $307.90 mln | $307.52 mln (6 Analysts) |
| Q2 Adjusted OIBDA | $59.90 mln | ||
| Q2 Operating Income | -$175.50 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
The company said positive year-over-year OTT revenue growth was driven by strong audience engagement and its content portfolio, including the Fightland premiere.
It said the operating loss was largely due to a non-recurring restructuring charge, including programming contract termination fees and content impairments.
Severance costs and continued declines in traditional linear services also contributed to restructuring expenses.
Starz raised its 2026 Adjusted OIBDA growth outlook from low-single-digits to mid-single-digits.
The company also raised its 2026 unlevered free cash flow outlook to the mid-to-upper end of its $80 mln-$120 mln range.
Starz reiterated its 2026 outlook for positive year-over-year OTT revenue growth.
