Is IHRT or SPOT more undervalued in 2026?

CirclFi compares iHeartMedia, Inc. (IHRT) and Spotify Technology S.A. (SPOT) using 13 institutional-grade valuation models. IHRT has a Quality of Company score of 6.2/10 while SPOT scores 9.4/10.

Which is a better buy — IHRT or SPOT?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do IHRT and SPOT valuations compare?

IHRT at $4.31 and SPOT at $497.68 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

IHRT vs SPOT Valuation Comparison 2026 — Intrinsic Value Analysis

IHRT

Radio Broadcasting Stations

iHeartMedia, Inc.

Quality

6.2

out of 10

Value Trap

LOW

Price

$4.31

Last close

Models

8/13

Active

SPOT

Radio Broadcasting Stations

Spotify Technology S.A.

Quality

9.4

out of 10

Value Trap

SAFE

Price

$497.68

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	IHRT Fair Value	IHRT Upside	SPOT Fair Value	SPOT Upside
Bayesian DCF	Intrinsic	—	—	$88.17	-82.3%
Earnings Power Value	Intrinsic	—	—	$166.42	-66.6%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$7.81	+81.1%	$403.18	-19.0%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$24.50	+413.2%	$155.91	-68.7%

🔒

Unlock Full 13-Model Comparison

Access all valuation models for IHRT vs SPOT — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

IHRT vs SPOT — Which Stock Is More Undervalued?

SPOT scores higher with a 9.4/10 quality rating vs IHRT's 6.2/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing iHeartMedia, Inc. (IHRT) and Spotify Technology S.A. (SPOT) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

IHRT currently trades at $4.31 with a QOC of 6.2/10, while SPOT trades at $497.68 with a QOC of 9.4/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).