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Nexstar Media Group (NXST) Stock Forecast & Price Target

Nexstar Media Group logo
$158.49 +1.48 (+0.94%)
(As of 12/20/2024 05:31 PM ET)

Nexstar Media Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
6

Based on 7 Wall Street analysts who have issued ratings for Nexstar Media Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 1 has given a hold rating, and 6 have given a buy rating for NXST.

Consensus Price Target

$204.29
28.90% Upside
According to the 7 analysts' twelve-month price targets for Nexstar Media Group, the average price target is $204.29. The highest price target for NXST is $215.00, while the lowest price target for NXST is $190.00. The average price target represents a forecasted upside of 28.90% from the current price of $158.49.
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NXST Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$204.29$198.50$201.67$206.43
Forecasted Upside28.90% Upside16.94% Upside21.68% Upside31.50% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Moderate Buy

NXST Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NXST Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Nexstar Media Group Stock vs. The Competition

TypeNexstar Media GroupConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.86
2.57
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside28.90% Upside202.28% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent NXST News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/8/2024Benchmark
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$215.00 ➝ $215.00+14.06%
11/8/2024Loop Capital
2 of 5 stars
A. Gould
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DowngradeBuy ➝ Hold$200.00 ➝ $190.00+0.80%
11/7/2024Barrington Research
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$200.00 ➝ $200.00+6.71%
10/4/2024Guggenheim
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 Lower TargetBuy ➝ Buy$200.00 ➝ $198.00+21.15%
8/9/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$207.00 ➝ $205.00+28.76%
8/9/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$221.00 ➝ $209.00+32.00%
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3/13/2024Rosenblatt Securities
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 Lower TargetBuy ➝ Buy$216.00 ➝ $213.00+34.31%
12/8/2023Citigroup
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 Initiated CoverageNeutral$158.00+10.96%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 09:04 PM ET.


NXST Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Nexstar Media Group is $204.29, with a high forecast of $215.00 and a low forecast of $190.00.

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nexstar Media Group in the last year. There is currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NXST shares.

According to analysts, Nexstar Media Group's stock has a predicted upside of 28.90% based on their 12-month stock forecasts.

Over the previous 90 days, Nexstar Media Group's stock had 1 downgrade by analysts.

Nexstar Media Group has been rated by research analysts at Barrington Research, Benchmark, Guggenheim, and Loop Capital in the past 90 days.

Analysts like Nexstar Media Group more than other "consumer discretionary" companies. The consensus rating score for Nexstar Media Group is 2.86 while the average consensus rating score for "consumer discretionary" companies is 2.57. Learn more on how NXST compares to other companies.


This page (NASDAQ:NXST) was last updated on 12/22/2024 by MarketBeat.com Staff
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