Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
149.56
-5.02 (-3.25%)
Feb 21, 2025, 4:00 PM EST - Market closed
Nexstar Media Group Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Nexstar Media Group stock have an average target of 208.4, with a low estimate of 200 and a high estimate of 215. The average target predicts an increase of 39.34% from the current stock price of 149.56.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 12, 2024.
Analyst Ratings
The average analyst rating for Nexstar Media Group 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Reiterates n/a | Strong Buy | Reiterates | n/a | n/a | Jan 22, 2025 |
| Barrington Research | Barrington Research | Buy Maintains $200 | Buy | Maintains | $200 | +33.73% | Nov 12, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $215 | Strong Buy | Reiterates | $215 | +43.76% | Nov 8, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $200 | Buy | Maintains | $200 | +33.73% | Nov 7, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $225 → $215 | Strong Buy | Maintains | $225 → $215 | +43.76% | Oct 14, 2024 |
Financial Forecast
Revenue This Year
5.53B
from 4.93B
Increased by 12.00%
Revenue Next Year
5.13B
from 5.53B
Decreased by -7.20%
EPS This Year
22.60
from 9.64
Increased by 134.45%
EPS Next Year
14.85
from 22.60
Decreased by -34.27%
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% | -1.6% | 17.5% | |||
| Avg | 12.0% | -7.2% | 9.7% | |||
| Low | 7.0% | -12.6% | 0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 24.64 | 21.48 | 32.15 | |||
| Avg | 22.60 | 14.85 | 27.27 | |||
| Low | 20.93 | 10.41 | 21.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 155.6% | -4.9% | 116.4% | |||
| Avg | 134.5% | -34.3% | 83.6% | |||
| Low | 117.1% | -54.0% | 47.8% |
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.