Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
148.29
+3.60 (2.49%)
May 2, 2025, 1:53 PM EDT - 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 207.14, with a low estimate of 200 and a high estimate of 225. The average target predicts an increase of 39.69% from the current stock price of 148.29.
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 |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $216 → $200 | Buy | Maintains | $216 → $200 | +34.88% | May 1, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $200 | Strong Buy | Maintains | $200 | +34.88% | Mar 10, 2025 |
| Barrington Research | Barrington Research | Buy Maintains $200 | Buy | Maintains | $200 | +34.88% | Mar 5, 2025 |
| Loop Capital | Loop Capital | Hold → Strong Buy Upgrades $190 → $200 | Hold → Strong Buy | Upgrades | $190 → $200 | +34.88% | Feb 28, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $200 → $225 | Strong Buy | Maintains | $200 → $225 | +51.73% | Feb 28, 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.