Nexstar Media Group - NXST Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $204.29
  • Forecasted Upside: 28.90%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$158.49
▲ +1.48 (0.94%)

This chart shows the closing price for NXST by one month, three months, or twelve months.

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Analyst Price Target for NXST

Analyst Price Target is $204.29
▲ +28.90% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Nexstar Media Group in the last 3 months. The average price target is $204.29, with a high forecast of $215.00 and a low forecast of $190.00. The average price target represents a 28.90% upside from the last price of $158.49.

This chart shows the closing price for NXST for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 7 polled investment analysts is to moderate buy stock in Nexstar Media Group. This rating has held steady since October 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/30/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/28/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/27/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/26/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/24/2024
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/22/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/21/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/8/2024BenchmarkReiterated RatingBuy ➝ Buy$215.00 ➝ $215.00
11/8/2024Loop CapitalDowngradeBuy ➝ Hold$200.00 ➝ $190.00
11/7/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$200.00 ➝ $200.00
10/14/2024BenchmarkLower TargetBuy ➝ Buy$225.00 ➝ $215.00
10/4/2024GuggenheimLower TargetBuy ➝ Buy$200.00 ➝ $198.00
8/9/2024Deutsche Bank AktiengesellschaftLower TargetBuy ➝ Buy$207.00 ➝ $205.00
8/9/2024BenchmarkReiterated RatingBuy ➝ Buy$225.00 ➝ $225.00
8/9/2024Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$221.00 ➝ $209.00
8/8/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$200.00 ➝ $200.00
7/23/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$200.00 ➝ $200.00
6/20/2024BenchmarkReiterated RatingBuy ➝ Buy$225.00 ➝ $225.00
5/13/2024Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$190.00 ➝ $221.00
5/10/2024Loop CapitalUpgradeStrong-Buy
5/10/2024BenchmarkReiterated RatingBuy ➝ Buy$225.00
5/9/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$200.00 ➝ $200.00
3/13/2024Rosenblatt SecuritiesLower TargetBuy ➝ Buy$216.00 ➝ $213.00
3/7/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$200.00
2/28/2024Barrington ResearchReiterated RatingOutperform ➝ Outperform$200.00
12/8/2023CitigroupInitiated CoverageNeutral$158.00
11/9/2023Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$175.00 ➝ $167.00
9/15/2023Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$230.00
9/5/2023Rosenblatt SecuritiesBoost TargetBuy ➝ Buy$228.00 ➝ $230.00
8/15/2023Deutsche Bank AktiengesellschaftLower TargetBuy ➝ Buy$210.00 ➝ $205.00
8/8/2023Barrington ResearchReiterated RatingOutperform ➝ Outperform$235.00
6/29/2023GuggenheimBoost Target$216.00 ➝ $220.00
3/8/2023Barrington ResearchReiterated RatingOutperform$235.00
2/27/2023BenchmarkReiterated RatingBuy$230.00
11/11/2022Barrington ResearchLower Target$240.00 ➝ $200.00
11/9/2022Rosenblatt SecuritiesLower TargetBuy$246.00 ➝ $237.00
11/9/2022Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$227.00 ➝ $175.00
10/20/2022GuggenheimLower Target$230.00
9/6/2022Rosenblatt SecuritiesUpgradeNeutral ➝ Buy$181.00 ➝ $246.00
8/15/2022Barrington ResearchBoost Target$240.00
8/9/2022Barrington ResearchBoost Target$240.00
5/16/2022Rosenblatt SecuritiesBoost TargetNA$181.00
5/12/2022Deutsche Bank AktiengesellschaftBoost Target$216.00 ➝ $225.00
5/11/2022GuggenheimBoost Target$210.00 ➝ $220.00
4/19/2022Rosenblatt SecuritiesInitiated CoverageNeutral$180.00
3/1/2022Deutsche Bank AktiengesellschaftBoost TargetBuy$187.00 ➝ $216.00
2/23/2022Barrington ResearchBoost Target$200.00 ➝ $215.00
2/23/2022BenchmarkBoost TargetBuy$200.00 ➝ $225.00
2/23/2022Wells Fargo & CompanyBoost Target$186.00 ➝ $208.00
11/3/2021Loop CapitalBoost TargetBuy$175.00 ➝ $200.00
11/3/2021Wells Fargo & CompanyBoost TargetOverweight$173.00 ➝ $186.00
7/2/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$170.00 ➝ $185.00
5/5/2021Barrington ResearchBoost TargetOutperform$160.00 ➝ $180.00
5/5/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$140.00 ➝ $170.00
2/24/2021Wells Fargo & CompanyBoost TargetOverweight$143.00 ➝ $170.00
11/12/2020B. RileyBoost TargetBuy$122.00 ➝ $134.00
11/6/2020Deutsche Bank AktiengesellschaftReiterated RatingBuy$130.00 ➝ $140.00
10/15/2020Loop CapitalInitiated CoverageBuy$130.00
8/11/2020Barrington ResearchReiterated RatingBuy$115.00
8/6/2020B. RileyBoost Target$115.00 ➝ $122.00
8/6/2020Wells Fargo & CompanyBoost TargetOverweight$88.00 ➝ $112.00
8/6/2020BenchmarkBoost TargetBuy$125.00 ➝ $130.00
8/5/2020Barrington ResearchReiterated RatingBuy$115.00
8/5/2020Wells Fargo & CompanyReiterated RatingBuy
7/10/2020Barrington ResearchReiterated RatingBuy$115.00
6/22/2020BenchmarkBoost TargetBuy$120.00 ➝ $125.00
5/13/2020Barrington ResearchReiterated RatingBuy$115.00
5/7/2020B. RileyBoost Target$110.00 ➝ $115.00
5/7/2020Wells Fargo & CompanyBoost TargetOverweight$81.00 ➝ $88.00
5/6/2020Barrington ResearchReiterated RatingBuy$115.00
5/5/2020B. RileyLower TargetBuy$139.00 ➝ $110.00
4/14/2020Wells Fargo & CompanyLower TargetOverweight$149.00 ➝ $81.00
4/13/2020Wells Fargo & CompanyReiterated RatingBuy
4/8/2020Barrington ResearchReiterated RatingBuy$115.00
3/24/2020GuggenheimLower Target$150.00 ➝ $91.00
3/18/2020B. RileyLower TargetBuy$140.00 ➝ $139.00
3/2/2020Barrington ResearchReiterated RatingBuy$155.00
2/27/2020GuggenheimBoost TargetBuy$142.00 ➝ $150.00
1/6/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$149.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.56 (Strong Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 20 very positive mentions
  • 23 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
5/25/2024
  • 19 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/24/2024
  • 14 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/24/2024
  • 21 very positive mentions
  • 21 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/23/2024
  • 24 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/22/2024
  • 17 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
10/22/2024
  • 22 very positive mentions
  • 24 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/21/2024
  • 38 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/21/2024

Current Sentiment

  • 38 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Nexstar Media Group logo
Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services. The company offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites, mobile and over-the-top applications, other digital media solutions to media publishers, and advertisers and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks and other multicast network services. Further, its digital assets include local websites, mobile applications, connected television applications, free-ad supported television channels representing products of local television stations, The CW, The Hill and BestReviews, and a suite of advertising solutions. Additionally, the company engages in digital business; and management of real estate assets, including leasing of owned office and production facilities. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
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Today's Range

Now: $158.49
Low: $156.74
High: $161.04

50 Day Range

MA: $169.75
Low: $157.01
High: $188.50

52 Week Range

Now: $158.49
Low: $147.25
High: $191.86

Volume

2,158,979 shs

Average Volume

336,260 shs

Market Capitalization

$4.92 billion

P/E Ratio

9.17

Dividend Yield

4.25%

Beta

1.45

Frequently Asked Questions

What sell-side analysts currently cover shares of Nexstar Media Group?

The following equities research analysts have issued reports on Nexstar Media Group in the last twelve months: Barrington Research, Benchmark Co., Deutsche Bank Aktiengesellschaft, Guggenheim, Loop Capital, Rosenblatt Securities, StockNews.com, TheStreet, and Wells Fargo & Company.
View the latest analyst ratings for NXST.

What is the current price target for Nexstar Media Group?

0 Wall Street analysts have set twelve-month price targets for Nexstar Media Group in the last year. Their average twelve-month price target is $204.29, suggesting a possible upside of 28.9%. Benchmark Co. has the highest price target set, predicting NXST will reach $215.00 in the next twelve months. Loop Capital has the lowest price target set, forecasting a price of $190.00 for Nexstar Media Group in the next year.
View the latest price targets for NXST.

What is the current consensus analyst rating for Nexstar Media Group?

Nexstar Media Group currently has 1 hold rating and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for NXST.

What other companies compete with Nexstar Media Group?

How do I contact Nexstar Media Group's investor relations team?

Nexstar Media Group's physical mailing address is 545 EAST JOHN CARPENTER FREEWAY SUITE 700, IRVING TX, 75062. The company's listed phone number is (972) 373-8800 and its investor relations email address is [email protected]. The official website for Nexstar Media Group is www.nexstar.tv. Learn More about contacing Nexstar Media Group investor relations.