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Nexstar Media Group (NXST) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

NXST Stock Forecast

Nexstar Media Group (NXST) stock forecast, based on 22 Wall Street analysts, predicts a 12-month average price target of $200.00, with a high of $200.00 and a low of $200.00. This represents a 35.88% increase from the last price of $147.19.

$145 $156 $167 $178 $189 $200 High: $200 Avg: $200 Low: $200 Last Closed Price: $147.19

NXST Stock Rating

Nexstar Media Group stock's rating consensus is Buy, based on 22 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 21 Buy (95.45%), 1 Hold (4.55%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 22 0 1 21 Strong Sell Sell Hold Buy Strong Buy

NXST Price Target Upside V Benchmarks

TypeNameUpside
StockNexstar Media Group35.88%
SectorCommunication Services Stocks 18.44%
IndustryEntertainment Stocks 19.71%

Price Target Trends

1M3M12M
# Anlaysts-15
Avg Price Target-$200.00$202.40
Last Closing Price$147.19$147.19$147.19
Upside/Downside-35.88%37.51%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25173--11
Mar, 25173--11
Feb, 25164--11
Jan, 25164--11
Dec, 24163--10
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 28, 2025Loop Capital Markets$200.00$169.1518.24%35.88%
Oct 04, 2024Curry BakerGuggenheim$198.00$162.6421.74%34.52%
Aug 26, 2024Jason BazinetCitigroup$186.00$170.619.02%26.37%
May 17, 2024Bryan KraftDeutsche Bank$207.00$171.2020.91%40.63%
May 13, 2024Steven CahalllWells Fargo$221.00$174.5126.64%50.15%
Mar 13, 2024Barton CrockettRosenblatt Securities$213.00$169.3525.78%44.71%
Dec 20, 2023Jason BazinetCitigroup$158.00$159.54-0.97%7.34%
Nov 17, 2023Barton CrockettRosenblatt Securities$230.00$150.4452.88%56.26%
Nov 13, 2022Barrington BarringtonBarrington$200.00$168.2318.88%35.88%
Sep 14, 2022Barton CrockettRosenblatt Securities$246.00$191.2228.65%67.13%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Feb 28, 2025GuggenheimBuyBuyhold
Oct 14, 2024BenchmarkBuyBuyhold
Oct 04, 2024GuggenheimBuyBuyhold
Aug 26, 2024CitigroupNeutralNeutralhold
Aug 08, 2024Wells FargoBuyBuyhold
Jul 23, 2024BenchmarkBuyBuyhold
May 17, 2024Deutsche BankBuyBuyhold
May 13, 2024Wells FargoOverweightupgrade
May 10, 2024Raymond JamesBuyBuyhold
Dec 20, 2023CitigroupOverweightNeutralinitialise

Financial Forecast

EPS Forecast

$5 $12 $19 $26 $33 $40 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$18.06$19.81$24.68$9.80$22.35----
Avg Forecast$16.58$17.77$26.60$10.60$22.10$13.80$26.24$19.94$35.48
High Forecast$16.92$18.13$27.55$10.74$24.48$16.88$30.09$20.76$36.65
Low Forecast$15.96$17.10$26.08$10.53$19.72$10.72$22.01$19.26$34.64
Surprise %8.93%11.48%-7.22%-7.55%1.13%----

Revenue Forecast

$4B $4B $5B $5B $6B $6B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.50B$4.65B$5.21B$4.93B$5.41B----
Avg Forecast$4.47B$4.64B$5.22B$4.94B$5.40B$5.03B$5.52B$5.20B$5.61B
High Forecast$4.54B$4.71B$5.36B$4.96B$5.50B$5.10B$5.52B$5.23B$5.75B
Low Forecast$4.34B$4.50B$5.14B$4.93B$5.30B$4.97B$5.52B$5.18B$5.51B
Surprise %0.76%0.25%-0.09%-0.23%0.21%----

Net Income Forecast

$0 $300M $600M $900M $1B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$811.50M$834.00M$971.00M$346.00M$722.00M----
Avg Forecast$648.00M$688.75M$811.83M$346.00M$791.86M$450.02M$793.97M$717.09M$1.27B
High Forecast$777.59M$826.50M$974.20M$415.20M$877.23M$604.75M$1.08B$743.95M$1.31B
Low Forecast$518.40M$551.00M$649.46M$276.80M$706.50M$384.26M$788.69M$690.23M$1.24B
Surprise %25.23%21.09%19.61%--8.82%----

NXST Forecast FAQ

Is Nexstar Media Group stock a buy?

Nexstar Media Group stock has a consensus rating of Buy, based on 22 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 21 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Nexstar Media Group is a favorable investment for most analysts.

What is Nexstar Media Group's price target?

Nexstar Media Group's price target, set by 22 Wall Street analysts, averages $200 over the next 12 months. The price target range spans from $200 at the low end to $200 at the high end, suggesting a potential 35.88% change from the previous closing price of $147.19.

How does Nexstar Media Group stock forecast compare to its benchmarks?

Nexstar Media Group's stock forecast shows a 35.88% upside, outperforming the average forecast for the communication services stocks sector (18.44%) and outperforming the entertainment stocks industry (19.71%).

What is the breakdown of analyst ratings for Nexstar Media Group over the past three months?

  • April 2025: 9.09% Strong Buy, 63.64% Buy, 27.27% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 9.09% Strong Buy, 63.64% Buy, 27.27% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 9.09% Strong Buy, 54.55% Buy, 36.36% Hold, 0% Sell, 0% Strong Sell.

What is Nexstar Media Group’s EPS forecast?

Nexstar Media Group's average annual EPS forecast for its fiscal year ending in December 2025 is $13.8, marking a -38.26% decrease from the reported $22.35 in 2024. Estimates for the following years are $26.24 in 2026, $19.94 in 2027, and $35.48 in 2028.

What is Nexstar Media Group’s revenue forecast?

Nexstar Media Group's average annual revenue forecast for its fiscal year ending in December 2025 is $5.03B, reflecting a -6.91% decrease from the reported $5.41B in 2024. The forecast for 2026 is $5.52B, followed by $5.2B for 2027, and $5.61B for 2028.

What is Nexstar Media Group’s net income forecast?

Nexstar Media Group's net income forecast for the fiscal year ending in December 2025 stands at $450.02M, representing a -37.67% decrease from the reported $722M in 2024. Projections indicate $793.97M in 2026, $717.09M in 2027, and $1.27B in 2028.