Gray Media: 2026 Shaping Up To Be A Massive Year

  • GTN shares rebounded after a strong Q2/25 pre-announcement, with early political ad revenue signaling a robust 2026 election cycle. Political ad spending is expected to surge, especially with Elon Musk's opposition to Trump's 'Big Beautiful Bill' and potential new party involvement. Gray Media's deleveraging opportunity remains compelling; a repeat of 2022's political ad windfall could drive significant debt reduction and share price upside.