Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
169.65
+4.78 (2.90%)
At close: May 12, 2025, 4:00 PM
169.80
+0.15 (0.09%)
After-hours: May 12, 2025, 6:10 PM EDT
Nexstar Media Group Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Nexstar Media Group stock have an average target of 206.43, with a low estimate of 200 and a high estimate of 220. The average target predicts an increase of 21.68% from the current stock price of 169.65.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Nexstar Media Group stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 6 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $215 → $220 | Strong Buy | Maintains | $215 → $220 | +29.68% | May 9, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $225 → $215 | Strong Buy | Maintains | $225 → $215 | +26.73% | May 6, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $216 → $200 | Buy | Maintains | $216 → $200 | +17.89% | May 1, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $200 | Strong Buy | Maintains | $200 | +17.89% | Mar 10, 2025 |
| Barrington Research | Barrington Research | Buy Maintains $200 | Buy | Maintains | $200 | +17.89% | Mar 5, 2025 |
Financial Forecast
Revenue This Year
5.08B
from 5.41B
Decreased by -6.08%
Revenue Next Year
5.57B
from 5.08B
Increased by 9.75%
EPS This Year
14.84
from 21.41
Decreased by -30.67%
EPS Next Year
26.75
from 14.84
Increased by 80.21%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.3B | 5.9B | 5.6B | ||
| Avg | 5.1B | 5.6B | 5.2B | ||
| Low | 4.8B | 5.2B | 4.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -2.6% | 16.3% | 0.6% | ||
| Avg | -6.1% | 9.7% | -7.0% | ||
| Low | -10.8% | 1.5% | -16.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.63 | 32.81 | 23.53 | ||
| Avg | 14.84 | 26.75 | 18.48 | ||
| Low | 7.81 | 17.98 | 11.09 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.7% | 121.1% | -12.0% | ||
| Avg | -30.7% | 80.2% | -30.9% | ||
| Low | -63.5% | 21.2% | -58.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.