Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
200.78
+3.57 (1.81%)
May 7, 2026, 2:48 PM EDT - Market open
Nexstar Media Group Stock Forecast
Stock Price Forecast
The 8 analysts that cover Nexstar Media Group stock have a consensus rating of "Strong Buy" and an average price target of $263.75, which forecasts a 31.36% increase in the stock price over the next year. The lowest target is $200 and the highest is $300.
Price Target: $263.75 (+31.36%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Nexstar Media Group stock 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 '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 3 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $290 | Buy | Maintains | $290 | +44.44% | Apr 28, 2026 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $252 → $220 | Hold → Strong Buy | Upgrades | $252 → $220 | +9.57% | Apr 10, 2026 |
| Benchmark | Benchmark | Strong Buy Maintains $300 → $250 | Strong Buy | Maintains | $300 → $250 | +24.51% | Apr 6, 2026 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $250 → $270 | Strong Buy | Maintains | $250 → $270 | +34.48% | Mar 23, 2026 |
| Barrington Research | Barrington Research | Buy Maintains $290 | Buy | Maintains | $290 | +44.44% | Mar 3, 2026 |
Financial Forecast
Revenue This Year
5.51B
from 4.95B
Increased by 11.38%
Revenue Next Year
5.43B
from 5.51B
Decreased by -1.51%
EPS This Year
26.22
from 3.00
Increased by 773.90%
EPS Next Year
16.85
from 26.22
Decreased by -35.73%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 5.7B | 8.1B | ||||||
| Avg | 5.5B | 5.4B | ||||||
| Low | 5.1B | 4.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 16.1% | 47.5% | ||||||
| Avg | 11.4% | -1.5% | ||||||
| Low | 4.0% | -15.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 30.45 | 19.95 | ||||||
| Avg | 26.22 | 16.85 | ||||||
| Low | 21.71 | 9.94 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 915.0% | -23.9% | ||||||
| Avg | 773.9% | -35.7% | ||||||
| Low | 623.6% | -62.1% |
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 sources.