Nexstar Media Group, Inc. (NXST)
NASDAQ: NXST · Real-Time Price · USD
185.18
+0.06 (0.03%)
May 28, 2026, 12:15 PM EDT - Market open
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 $251.63. The average 1-year stock price forecast is 35.88% higher than the current stock price, while the lowest is $205 (+10.70%) and the highest is $290 (+56.60%).
Price Target: $251.63 (+35.88%)
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 | Nov '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 6 | 6 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 1 | 2 | 1 | 1 |
| Sell | 0 | 0 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington | Barrington | Buy Reiterates $290 | Buy | Reiterates | $290 | +56.60% | May 11, 2026 |
| Citi | Citi | Buy Upgrades $252 → $220 | Buy | Upgrades | $252 → $220 | +18.80% | Apr 10, 2026 |
| Deutsche Bank | Deutsche Bank | Buy Reiterates $270 | Buy | Reiterates | $270 | +45.80% | Mar 23, 2026 |
| Benchmark Co. | Benchmark Co. | Buy Maintains $250 → $300 | Buy | Maintains | $250 → $300 | +62.00% | Feb 27, 2026 |
| Guggenheim | Guggenheim | Buy Maintains $250 → $290 | Buy | Maintains | $250 → $290 | +56.60% | Feb 27, 2026 |
Financial Forecast
Revenue This Year
7.98B
from 4.95B
Increased by 61.31%
Revenue Next Year
7.90B
from 7.98B
Decreased by -1.05%
EPS This Year
34.52
from 3.00
Increased by 1,050.54%
EPS Next Year
21.74
from 34.52
Decreased by -37.00%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 8.4B | 8.3B | ||||||
| Avg | 8.0B | 7.9B | ||||||
| Low | 7.6B | 7.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 69.7% | 3.8% | ||||||
| Avg | 61.3% | -1.1% | ||||||
| Low | 53.1% | -8.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 40.68 | 31.15 | ||||||
| Avg | 34.52 | 21.74 | ||||||
| Low | 25.66 | 9.94 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 1,255.9% | -9.7% | ||||||
| Avg | 1,050.5% | -37.0% | ||||||
| Low | 755.2% | -71.2% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.