Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
176.45
-0.63 (-0.36%)
Nov 4, 2024, 1:13 PM EST - Market open
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 199.71, with a low estimate of 158 and a high estimate of 215. The average target predicts an increase of 13.18% from the current stock price of 176.45.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for NXST 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $225 → $215 | Strong Buy | Maintains | $225 → $215 | +21.85% | Oct 14, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $200 → $198 | Strong Buy | Maintains | $200 → $198 | +12.21% | Oct 4, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $200 | Buy | Maintains | $200 | +13.35% | Aug 13, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $207 → $205 | Strong Buy | Maintains | $207 → $205 | +16.18% | Aug 9, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $221 → $209 | Buy | Maintains | $221 → $209 | +18.45% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
5.63B
from 4.93B
Increased by 14.07%
Revenue Next Year
5.19B
from 5.63B
Decreased by -7.82%
EPS This Year
25.36
from 9.64
Increased by 163.05%
EPS Next Year
15.45
from 25.36
Decreased by -39.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.9B | 5.5B | 6.1B | ||
| Avg | 5.6B | 5.2B | 5.7B | ||
| Low | 5.3B | 4.6B | 4.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.4% | -2.1% | 17.9% | ||
| Avg | 14.1% | -7.8% | 9.3% | ||
| Low | 6.6% | -17.7% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.54 | 22.72 | 40.46 | ||
| Avg | 25.36 | 15.45 | 27.95 | ||
| Low | 22.10 | 8.92 | 9.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 196.0% | -10.4% | 161.8% | ||
| Avg | 163.1% | -39.1% | 80.9% | ||
| Low | 129.2% | -64.8% | -41.4% |
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.