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NASDAQ: NXST
Nexstar Media Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for NXST

Based on 5 analysts offering 12 month price targets for Nexstar Media Group Inc.
Min Forecast
$158.00+0.18%
Avg Forecast
$203.40+28.96%
Max Forecast
$225.00+42.66%

Should I buy or sell NXST stock?

Based on 5 analysts offering ratings for Nexstar Media Group Inc.
Strong Buy
Strong Buy
3 analysts 60%
Buy
1 analysts 20%
Hold
1 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NXST stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-13
lockedlocked$00.00+00.00%2024-05-13Find Out Why
lockedlocked$00.00+00.00%2024-05-10
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2023-12-08

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Forecast return on equity

Is NXST forecast to generate an efficient return?
Company
N/A
Industry
3.65%
Market
17.35%

Forecast return on assets

Is NXST forecast to generate an efficient return on assets?
Company
N/A
Industry
1.85%

NXST revenue forecast

What is NXST's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$5.6B+12.7%
Avg 2 year Forecast
$5.2B+4.81%
Avg 3 year Forecast
$5.8B+17.53%
NXST's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NXST earnings growth forecast

How is NXST forecast to perform vs Entertainment companies and vs the US market?
Company
105.67%
Industry
60.44%
Market
22.17%
NXST's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NXST's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NXST's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NXST revenue growth forecast

How is NXST forecast to perform vs Entertainment companies and vs the US market?
Company
5.68%
Industry
5.88%
Market
9.78%
NXST's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NXST's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NXST vs Entertainment Stocks

TickerPricePrice TargetUp/downsideConsensus
NXST$157.72$203.40+28.96%Strong Buy
IQ$4.74$138.50+2,821.94%Strong Buy
MSGS$183.82N/AN/A
MANU$16.25$16.00-1.54%Hold
BATRA$41.45$54.00+30.28%Strong Buy

Nexstar Media Group Stock Forecast FAQ

Is Nexstar Media Group Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: NXST) stock is to Strong Buy NXST stock.

Out of 5 analysts, 3 (60%) are recommending NXST as a Strong Buy, 1 (20%) are recommending NXST as a Buy, 1 (20%) are recommending NXST as a Hold, 0 (0%) are recommending NXST as a Sell, and 0 (0%) are recommending NXST as a Strong Sell.

If you're new to stock investing, here's how to buy Nexstar Media Group stock.

What is NXST's revenue growth forecast for 2024-2026?

(NASDAQ: NXST) Nexstar Media Group's forecast annual revenue growth rate of 5.68% is not forecast to beat the US Entertainment industry's average forecast revenue growth rate of 5.88%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.78%.

Nexstar Media Group's revenue in 2024 is $4,960,000,000.On average, 2 Wall Street analysts forecast NXST's revenue for 2024 to be $183,515,693,774, with the lowest NXST revenue forecast at $181,535,955,149, and the highest NXST revenue forecast at $185,495,465,230. On average, 2 Wall Street analysts forecast NXST's revenue for 2025 to be $170,666,384,779, with the lowest NXST revenue forecast at $168,472,956,640, and the highest NXST revenue forecast at $172,859,845,747.

In 2026, NXST is forecast to generate $191,387,307,628 in revenue, with the lowest revenue forecast at $190,580,579,650 and the highest revenue forecast at $192,194,068,436.

What is NXST's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: NXST) forecast ROA is N/A, which is lower than the forecast US Entertainment industry average of 1.85%.

What is NXST's Price Target?

According to 5 Wall Street analysts that have issued a 1 year NXST price target, the average NXST price target is $203.40, with the highest NXST stock price forecast at $225.00 and the lowest NXST stock price forecast at $158.00.

On average, Wall Street analysts predict that Nexstar Media Group's share price could reach $203.40 by May 13, 2025. The average Nexstar Media Group stock price prediction forecasts a potential upside of 28.96% from the current NXST share price of $157.72.

What is NXST's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: NXST) forecast ROE is N/A, which is considered weak.
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