EW Scripps Co. (The) (SSP)
NASDAQCommunication ServicesBroadcastingSnapshot 2026-09-09
$3.13-2.34%
Close 2026-09-09 · 1-day change
NASDAQCommunication ServicesBroadcastingSnapshot 2026-09-09
Broken: Primary pillar broken — Return to positive or breakeven earnings by end of 2026: EPS -12.68 vs 0.01 target.
Scripps completed a big station swap with Gray Media in 2026. It beat earnings in May 2026. The company plans to keep capital spending between $60M and $70M in 2026. These moves could help it return to profit.
Scripps is still losing money and has volatile management. Analysts expect revenue to fall about 2.5% next year. Debt restructuring risks could hurt growth and capital use.
The price is about 57% above our fair value near $2. Analysts expect revenue to decline about 2.5%. We see the stock as overvalued given weak growth and losses.
Breaks if: Capital expenditures exceed $70M or fall below $60M in FY26
Breaks if: EPS falls below $0.00 in FY26
Breaks if: Revenue falls below $2.2B in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround story with a focus on transformation and strategic acquisitions. The current thesis state is weakened, as recent financial performance has declined, indicating increased volatility and uncertainty.
The valuation suggests that SSP is priced cheaply compared to its peers, but there is a significant expectations gap. The market seems to have priced in some challenges, but the overall sentiment remains cautious.
Fundamentals are likely to remain under pressure due to high near-term risk and recent earnings misses. Management's transformation plan shows some progress, but overall operating losses continue to be a concern.
The thesis hinges on the performance of sector bellwethers like SIRI, NXST, and FUBO, as their earnings results will influence SSP's trajectory. Additionally, management's ability to execute its transformation plan and maintain financial flexibility will be crucial.
The most important moves since the prior daily snapshot.
Yes, our read has weakened. The recent earnings miss hurt the outlook. SSP's financial performance fell significantly compared to its peers. The transformation plan still aims for $125-$150 million in annualized EBITDA growth by 2028. However, challenges like layoffs and regulatory issues threaten this plan.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Over the next 1 to 3 years, SSP's outlook is uncertain, with several factors that could impact its performance. Not investment advice.