GTN
Gray Media, Inc.
GTN trails on the overall score without a compensating advantage in the available component scores.
RDDT
Reddit, Inc.
RDDT has the edge over GTN overall, supported by stronger fundamentals and stronger valuation.
GTN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Weak |
GTN's revenue and profitability are currently healthy, and its cash flow is stable, but its balance sheet is weak.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
GTN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 2.6x | $0.77 | -87% |
| Forward | 4.6x | $5.81 | — |
| Fair | 7.2x | $2.16 | -63% |
| Expensive | 14x | $4.31 | -26% |
| Current | 19x | $5.81 | — |
Historical ranges are pointers, not guarantees.
GTN's PE is in its expensive range at 19x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings, in its fair range.
RDDT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $99.55 | — |
| Current | 20x | $99.55 | — |
| Cheap | 35x | $171 | +72% |
| Fair | 46x | $228 | +129% |
| Expensive | 53x | $262 | +163% |
Historical ranges are pointers, not guarantees.
RDDT has the edge over GTN in the historical PE scenario, which offers more potential upside but is not a forecast.
GTN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GTN, but weaker profitability. However, they disagree widely on these estimates.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
RDDT has the edge over GTN on the outlook, with more favorable profitability expectations.
GTN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.26 | +320% |
| Q3 2026 | $0.30 | -32% |
| Q2 2026 | -$0.60 | -139% |
| Q1 2026 | -$1.52 | -165% |
| Q4 2025 | -$1.41 | -142% |
| Q3 2025 | $0.44 | -71% |
| Q2 2025 | $1.54 | +2100% |
| Q1 2025 | $2.34 | +$2.46 |
| Q4 2024 | $3.36 | +$4.75 |
GTN has the stronger earnings trend. Trailing diluted EPS is down 32% for GTN versus RDDT down 39%.
RDDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.32 | +29% |
| Q3 2024 | -$7.98 | -$7.17 |
| Q2 2024 | -$8.19 | -$7.15 |
| Q1 2024 | -$8.38 | -$7.25 |
| Q4 2023 | -$0.56 | +$0.41 |
| Q3 2023 | -$0.81 | -$0.02 |
| Q2 2023 | -$1.04 | -$0.48 |
| Q1 2023 | -$1.13 | -$0.48 |
| Q4 2022 | -$0.97 | -$0.19 |
RDDT has returned to profit: it earned $4.90 per share over the past year, after losing money the year before.
GTN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $972M | +30% |
| Q2 2026 | $839M | +8.7% |
| Q1 2026 | $768M | -1.8% |
| Q4 2025 | $792M | -24% |
| Q3 2025 | $749M | -21% |
| Q2 2025 | $772M | -6.5% |
| Q1 2025 | $782M | -5% |
| Q4 2024 | $1B | +21% |
GTN's revenue has held roughly level: $972M last quarter, up 30% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 27% | +14 points |
| Q2 2026 | 16% | +5.6 points |
| Q1 2026 | 11% | -1.2 points |
| Q4 2025 | 15% | -17 points |
| Q3 2025 | 14% | -13 points |
| Q2 2025 | 11% | -7.8 points |
| Q1 2025 | 12% | -3.3 points |
| Q4 2024 | 31% | +18 points |
GTN's operating margin was 27% last quarter, up 14 points from the same quarter a year ago.
RDDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $895M | +53% |
| Q2 2026 | $804.9M | +61% |
| Q1 2026 | $663.4M | +69% |
| Q4 2025 | $725.6M | +70% |
| Q3 2025 | $584.9M | +68% |
| Q2 2025 | $499.6M | +78% |
| Q1 2025 | $392.4M | +61% |
| Q4 2024 | $427.7M | +71% |
RDDT has the edge over GTN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +5.5 points |
| Q2 2026 | 29% | +15 points |
| Q1 2026 | 28% | +27 points |
| Q4 2025 | 32% | +20 points |
| Q3 2025 | 24% | +22 points |
| Q2 2025 | 14% | +25 points |
| Q1 2025 | 1% | +244 points |
| Q4 2024 | 12% | +11 points |
RDDT has the edge over GTN on profitability, with a higher operating margin.
GTN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $99M | +$110M |
| Q2 2026 | $106M | +1667% |
| Q1 2026 | -$18M | -115% |
| Q4 2025 | $69M | -79% |
| Q3 2025 | -$11M | -104% |
| Q2 2025 | $6M | +$17M |
| Q1 2025 | $117M | +244% |
| Q4 2024 | $328M | +1326% |
GTN still generates free cash flow, though less than at its 2024 peak: $256M over the past year.
RDDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $362.6M | +98% |
| Q2 2026 | $260.7M | +135% |
| Q1 2026 | $311.2M | +146% |
| Q4 2025 | $263.6M | +196% |
| Q3 2025 | $183.1M | +161% |
| Q2 2025 | $110.8M | +308% |
| Q1 2025 | $126.6M | +333% |
| Q4 2024 | $89.2M | +$111.2M |
RDDT has the edge over GTN on cash flow, with more consistent year-over-year improvement.
GTN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +3.1% | +3M shares |
| 3 years | +7.5% | +7M shares |
| 5 years | +5.3% | +5M shares |
| Available history | 0% | -- |
GTN has 100M diluted shares, up 3.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q4 2021 | $30M |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
RDDT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -169K shares |
| 1 year | -0.4% | -868K shares |
| 3 years | +24% | +38.5M shares |
| 5 years | +24% | +38.5M shares |
RDDT has the edge over GTN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.4M |
| Q2 2026 | $234.6M |
| Q1 2026 | $5M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $4.2M |
| Q4 2022 | — |
GTN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.8x | High |
| Q2 2026 | 8.4x | High |
| Q1 2026 | 8.9x | High |
| Q4 2025 | 8.6x | High |
| Q3 2025 | 6.4x | High |
| Q2 2025 | 5.4x | High |
| Q1 2025 | 5.0x | High |
| Q4 2024 | 4.9x | High |
GTN's net debt is about 6.8 years of its operating earnings (EBITDA), up from 6.4 years a year ago.
RDDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -5.0x | Net Cash |
| Q1 2025 | -13.1x | Net Cash |
RDDT has the edge over GTN on leverage, with a lower net debt burden relative to earnings.
GTN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 66.1 | Neutral |
| Stochastic | 59.4 | Neutral |
GTN's weekly RSI is 66 (neutral) and its Stochastic is 59 (neutral).
RDDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 6.5 | Oversold |
RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (oversold).
GTN PE vs Communication Services Sector
| Metric | GTN | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 16x | 17% above |
| PE % | 88 | 26 | 62 pts above |
GTN has the edge over RDDT on valuation relative to its sector.
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 pts below |
RDDT is trading at 20x earnings, a 23% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
GTN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.73 | 23% above |
| 20 week MA | $4.61 | 26% above |
| 50 week MA | $4.64 | 25% above |
| 100 week MA | $4.52 | 29% above |
| 200 week MA | $5.87 | 1% below |
GTN has stronger trend alignment. GTN is above 4 of 5 weekly averages versus RDDT above 0 of 4.
RDDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $130.6 | 24% below |
| 20 week MA | $151.7 | 34% below |
| 50 week MA | $165.0 | 40% below |
| 100 week MA | $167.1 | 40% below |
RDDT is in a downtrend: it's below all four of its weekly moving averages, and 40% below its 100-week average.
GTN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.3 | $17.4 | -18% |
| 2021 | $17.4 | $20.3 | +17% |
| 2022 | $20.3 | $10.5 | -48% |
| 2023 | $10.5 | $8.96 | -14% |
| 2024 | $8.96 | $3.01 | -66% |
| 2025 | $3.01 | $4.93 | +64% |
| 2026 YTD | $4.93 | $5.81 | +18% |
GTN has the edge over RDDT on returns for 2026, with the stronger performance.
RDDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $46.0 | $173.5 | +277% |
| 2025 | $173.5 | $225.8 | +30% |
| 2026 YTD | $225.8 | $99.6 | -56% |
RDDT has finished every year since 2024 higher, and it's down 56% so far in 2026.