NEXSTAR MEDIA GROUP INC (NXST) Forecast, Price Target & Analyst Ratings

NASDAQ:NXST • US65336K1034

Current stock price

203.78 USD
-1.04 (-0.51%)
At close:
203.78 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NEXSTAR MEDIA GROUP INC (NXST).

Forecast Snapshot

Consensus Price Target

Price Target
$270.41
+ 32.70% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 7, 2026
Period
Q1 / 2026
EPS Estimate
$4.48
Revenue Estimate
1.289B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.43%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$270.41
Upside
+ 32.70%
From current price of $203.78 to mean target of $270.41, Based on 14 analyst forecasts
Low
$190.78
Median
$285.60
High
$304.50

Price Target Revisions

1 Month
13.77%
3 Months
15.32%

Price Target Summary

14 Wall Street analysts provided a forecast for the next 12 months for NXST. The average price target is 270.41 USD. This implies a price increase of 32.7% is expected in the next year compared to the current price of 203.78.
The average price target has been revised upward by 15.32% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NXST Current Analyst RatingNXST Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

NXST Historical Analyst RatingsNXST Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
81.43%
NXST was analyzed by 14 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about NXST.
In the previous month the buy percentage consensus was at a similar level.
NXST was analyzed by 14 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-10CitigroupUpgrade Neutral -> Buy
2026-04-06BenchmarkMaintains Buy -> Buy
2026-03-23Deutsche BankMaintains Buy -> Buy
2026-03-03Barrington ResearchMaintains Outperform -> Outperform
2026-03-02CitigroupMaintains Neutral -> Neutral
2026-02-27GuggenheimMaintains Buy -> Buy
2026-02-27BenchmarkMaintains Buy -> Buy
2026-02-27Wells FargoMaintains Overweight -> Overweight
2025-11-25CitigroupMaintains Neutral -> Neutral
2025-08-20GuggenheimMaintains Buy -> Buy
2025-08-19Barrington ResearchMaintains Outperform -> Outperform
2025-08-11Barrington ResearchMaintains Outperform -> Outperform
2025-08-08BenchmarkMaintains Buy -> Buy
2025-08-08Wells FargoMaintains Overweight -> Overweight
2025-07-30Barrington ResearchMaintains Outperform -> Outperform
2025-05-13Barrington ResearchMaintains Outperform -> Outperform
2025-05-09BenchmarkMaintains Buy -> Buy
2025-05-06BenchmarkMaintains Buy -> Buy
2025-05-01Wells FargoMaintains Overweight -> Overweight
2025-03-10RosenblattMaintains Buy -> Buy
2025-03-05Barrington ResearchMaintains Outperform -> Outperform
2025-02-28GuggenheimMaintains Buy -> Buy
2025-02-28BenchmarkMaintains Buy -> Buy
2025-02-28Loop CapitalUpgrade Hold -> Buy
2025-02-27Barrington ResearchMaintains Outperform -> Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 7, 2026
Period
Q1 / 2026
EPS Estimate
$4.48
Revenue Estimate
1.289B
Revenue Q2Q
4.46%
EPS Q2Q
33.02%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
0.16%
Revenue (3 Months)
-0.77%
EPS (1 Month)
0.00%
EPS (3 Months)
-0.13%

Next Earnings Summary

NXST is expected to report earnings on 5/7/2026. The consensus EPS estimate for the next earnings is 4.48 USD and the consensus revenue estimate is 1.29B USD.
The next earnings revenue estimate has been revised downward by 0.77% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
NXST revenue by date.NXST revenue by date.
4.933B
-5.33%		5.407B
9.61%		4.949B
-8.47%		5.512B
11.38%		5.121B
-7.09%		5.584B
9.04%		5.05B
-9.56%		4.837B
-4.22%		4.275B
-11.62%		4.618B
8.02%		3.965B
-14.14%
EBITDA
YoY % growth
NXST ebitda by date.NXST ebitda by date.
1.684B
-20.08%		2.1B
24.70%		1.648B
-21.52%		2.026B
22.94%		1.62B
-20.04%		2.031B
25.37%		1.572B
-22.60%		N/AN/AN/AN/A
EBIT
YoY % growth
NXST ebit by date.NXST ebit by date.
743M
-48.58%		1.292B
73.89%		863M
-33.20%		1.378B
59.68%		1.007B
-26.92%		1.606B
59.48%		970.53M
-39.57%		1.287B
32.61%		863.92M
-32.87%		1.214B
40.52%		737.81M
-39.22%
Operating Margin
NXST operating margin by date.NXST operating margin by date.
15.06%23.89%17.44%25.00%19.66%28.76%19.22%26.61%20.21%26.29%18.61%
EPS
YoY % growth
NXST eps by date.NXST eps by date.
9.63
-60.12%		21.53
123.57%		15.65
-27.31%		26.22
67.52%		17.78
-32.19%		30.22
69.97%		20.16
-33.30%		29.27
45.24%		17.77
-39.30%		28.68
61.42%		14.83
-48.29%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		4.48
33.02%		5.37
53.13%		6.35
196.69%		10.16
53.19%		4.60
2.62%		4.64
-13.66%		3.48
-45.22%		5.02
-50.59%
Revenue
Q2Q % growth		1.289B
4.46%		1.324B
7.73%		1.38B
15.19%		1.541B
19.55%		1.267B
-1.71%		1.26B
-4.83%		1.242B
-10.00%		1.318B
-14.47%
EBITDA
Q2Q % growth		421.64M
-0.79%		461.71M
-24.93%		499.95M
-34.82%		660.33M
-36.57%		413.51M
-1.93%		409.02M
-11.41%		372.81M
-25.43%		431M
-34.73%
EBIT
Q2Q % growth		261.96M
19.07%		298.49M
40.14%		341.76M
95.29%		483.25M
88.77%		243.78M
-6.94%		250.92M
-15.94%		204M
-40.31%		264.18M
-45.33%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

NXST Yearly Revenue VS EstimatesNXST Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1B 2B 3B 4B 5B
NXST Yearly EPS VS EstimatesNXST Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10 20 30

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
24.52%
EPS Next 5 Year
13.34%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
3.72%
Revenue Next 5 Year
-0.68%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
33.97%
EBIT Next 5 Year
16.80%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NEXSTAR MEDIA GROUP INC / NXST Forecast FAQ

What is the average price target for NEXSTAR MEDIA GROUP INC (NXST) stock?

14 analysts have analysed NXST and the average price target is 270.41 USD. This implies a price increase of 32.7% is expected in the next year compared to the current price of 203.78.

When does NEXSTAR MEDIA GROUP INC (NXST) report earnings?

NEXSTAR MEDIA GROUP INC (NXST) will report earnings on 2026-05-07.

What are the consensus estimates for NEXSTAR MEDIA GROUP INC (NXST) next earnings?

The consensus EPS estimate for the next earnings of NEXSTAR MEDIA GROUP INC (NXST) is 4.48 USD and the consensus revenue estimate is 1.29B USD.

What is the expected long term growth rate for NXST stock?

The expected long term growth rate for NEXSTAR MEDIA GROUP INC (NXST) is 3.72%.