Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
167.34
-1.42 (-0.84%)
Oct 23, 2026, 4:00 PM EDT - Market closed

Nexstar Media Group Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Nexstar Media Group stock has a consensus rating of "Strong Buy" and an average price target of $246.75. The average 1-year stock price forecast is 47.45% higher than the current stock price, while the lowest is $205 (+22.51%) and the highest is $290 (+73.30%).

Price Target: $246.75 (+47.45%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$205$246.75$249.5$290
Change+22.51%+47.45%+49.10%+73.30%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy666666
Buy121122
Hold101100
Sell000000
Strong Sell000000
Total888888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Guggenheim
No rating
Guggenheim
Buy
Reiterates
$270
BuyReiterates$270+61.35%Oct 22, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$249
BuyReiterates$249+48.80%Oct 14, 2026
Barrington
Barrington
Buy
Reiterates
$225 → $290
BuyReiterates$225 → $290+73.30%Oct 5, 2026
Citi
Citi
Buy
Maintains
$215
BuyMaintains$215+28.48%Aug 31, 2026
Deutsche Bank
Deutsche Bank
Buy
Reiterates
$255 → $240
BuyReiterates$255 → $240+43.42%Aug 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
7.80B
from 4.95B
Increased by 57.64%
Revenue Next Year
7.59B
from 7.80B
Decreased by -2.73%
EPS This Year
35.06
from 12.25
Increased by 186.16%
EPS Next Year
25.98
from 35.06
Decreased by -25.90%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.65B5.21B4.93B5.41B4.95B7.80B
Revenue Growth
3.26%12.11%-5.34%9.61%-8.47%57.64%
Gross Profit
2.81B3.23B2.81B3.22B2.74B4.07B
Gross Margin
60.52%62.06%56.92%59.46%55.38%52.20%
Operating Income
1.28B1.52B779.00M1.32B894.00M1.86B
Net Income
834.00M971.00M346.00M722.00M109.00M1.03B
EPS
----12.2535.06
EPS Growth
-----11.11%186.16%
Forward PE
7.278.507.718.7610.674.77
Dividend / Share
2.803.605.406.767.447.40
Dividend Growth
25.00%28.57%50.00%25.19%10.06%-0.53%
Free Cash Flow
----829.00M1.59B
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High7.9B
Avg7.8B
Low7.7B

Revenue Growth

Revenue Growth202620272028
High
59.0%
Avg
57.6%
Low
56.5%

EPS Forecast

EPS202620272028
High39.12
Avg35.06
Low31.63

EPS Growth

EPS Growth202620272028
High
219.3%
Avg
186.2%
Low
158.2%