Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
166.21
-0.62 (-0.37%)
Nov 21, 2024, 10:42 AM 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 20.16% from the current stock price of 166.21.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 4 | 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 | 6 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $200 | Buy | Maintains | $200 | +20.33% | Nov 12, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $215 | Strong Buy | Reiterates | $215 | +29.35% | Nov 8, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $200 | Buy | Maintains | $200 | +20.33% | Nov 7, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $225 → $215 | Strong Buy | Maintains | $225 → $215 | +29.35% | Oct 14, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $200 → $198 | Strong Buy | Maintains | $200 → $198 | +19.13% | Oct 4, 2024 |
Financial Forecast
Revenue This Year
5.62B
from 4.93B
Increased by 14.01%
Revenue Next Year
5.21B
from 5.62B
Decreased by -7.41%
EPS This Year
25.03
from 9.64
Increased by 159.63%
EPS Next Year
15.54
from 25.03
Decreased by -37.91%
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 | 4.8B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.4% | -2.0% | 17.4% | ||
| Avg | 14.0% | -7.4% | 9.2% | ||
| Low | 7.2% | -14.2% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.54 | 22.72 | 40.46 | ||
| Avg | 25.03 | 15.54 | 27.46 | ||
| Low | 22.10 | 8.92 | 9.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 196.0% | -9.2% | 160.3% | ||
| Avg | 159.6% | -37.9% | 76.7% | ||
| Low | 129.2% | -64.4% | -41.7% |
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.