Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
158.49
+1.48 (0.94%)
At close: Dec 20, 2024, 4:00 PM
157.64
-0.85 (-0.54%)
After-hours: Dec 20, 2024, 5:30 PM EST
Nexstar Media Group Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Nexstar Media Group stock have an average target of 206.67, with a low estimate of 198 and a high estimate of 215. The average target predicts an increase of 30.40% from the current stock price of 158.49.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 12, 2024.
Analyst Ratings
The average analyst rating for NXST stock from 6 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $200 | Buy | Maintains | $200 | +26.19% | Nov 12, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $215 | Strong Buy | Reiterates | $215 | +35.66% | Nov 8, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $200 | Buy | Maintains | $200 | +26.19% | Nov 7, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $225 → $215 | Strong Buy | Maintains | $225 → $215 | +35.66% | Oct 14, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $200 → $198 | Strong Buy | Maintains | $200 → $198 | +24.93% | Oct 4, 2024 |
Financial Forecast
Revenue This Year
5.53B
from 4.93B
Increased by 12.08%
Revenue Next Year
5.13B
from 5.53B
Decreased by -7.25%
EPS This Year
23.08
from 9.64
Increased by 139.41%
EPS Next Year
14.61
from 23.08
Decreased by -36.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.8B | 5.4B | 6.0B | |||
| Avg | 5.5B | 5.1B | 5.6B | |||
| Low | 5.3B | 4.8B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.7% | -2.9% | 17.5% | |||
| Avg | 12.1% | -7.3% | 9.9% | |||
| Low | 7.0% | -12.7% | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 26.74 | 21.48 | 32.15 | |||
| Avg | 23.08 | 14.61 | 27.74 | |||
| Low | 20.83 | 11.18 | 21.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 177.4% | -6.9% | 120.1% | |||
| Avg | 139.4% | -36.7% | 89.9% | |||
| Low | 116.0% | -51.6% | 50.3% |
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.