NXST Stock Analysis: Buy, Sell, or Hold?
NXST - Nexstar Media Group, Inc. Common Stock
$167.01
3.00 (1.83%)
▲
5d:
-3.06%
30d:
-11.83%
90d:
-27.46%
BUY
HIGH Confidence
Analysis Updated: Jun 23, 2026 12:00 AM ET
Earnings: Aug 06, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
✅ BUY SIGNAL: NXST appears deeply undervalued. Market expects -10.6% annual earnings decline despite 51% recent earnings growth. Contrarian opportunity at discount to historical valuation.
✅ BUY SIGNAL: NXST appears deeply undervalued. Market expects -10.6% annual earnings decline despite 51% recent earnings growth. Contrarian opportunity at discount to historical valuation.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$112.02
Based on -12.6% avg growth
INTRINSIC VALUE TODAY
$69.55
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 9.5x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NXST is currently trading at $167.01, which is considered oversold relative to its 30-day fair value range of $171.03 to $189.02. From a valuation perspective, the stock is trading at a discount (Forward PE: 6.8) compared to its historical average (9.5). Remarkably, the market is currently pricing in an annual earnings decline of 10.6% over the next few years. This pessimistic expectation contrasts with the company's recent 51.0% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, NXST is in a strong downtrend. The price is currently testing key support at $175.84. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $251.62 (+53.4%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, NXST is in a strong downtrend. The price is currently testing key support at $175.84. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $251.62 (+53.4%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$171.03 -
$189.02
Company Quality Score
58/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
79.5%
All Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (40/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 53.4% below Wall St target ($251.62)
Trading Range Analysis
30-Day Trading Range
$171.03 -
$189.02
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$175.84
Resistance Level
$190.81
Current Trend
Strong Downtrend
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
6.78
Wall Street Target
$251.63
(+53.4%)
Revenue Growth (YoY)
13.1%
Earnings Growth (YoY)
51.0%
Profit Margin
3.2%
Valuation Discount vs History
-10.6% cheaper
PE vs Historical
6.8 vs 9.5
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-10.6%
(market-implied from PE analysis)
1-Year Target
$147.61
(-10%)
2-Year Target
$132.85
(-19%)
3-Year Target
$119.56
(-27%)
3-Yr Target (if PE normalizes)
(PE: 7→10)
$167.63
(+2%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.8, Growth: -29.2%)
$384.31
(+134%)
Base:
(SPY PE: 6.8, Growth: -29.2%)
$119.56
(-27%)
Bear:
(PE: 5.8, Growth: -29.2%)
$101.63
(-38%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (35x PE), but valuation improves significantly next year (7x PE) as earnings recover.
Trailing PE: 34.71 | Current EPS (TTM): $4.73
Bull Case
$361.15
(+120%)
Analyst growth 100.0%, PE expands to 38.2
Base Case
$328.32
(+100%)
Market implied 100.0%, PE stable at 34.7
Bear Case
$111.63
(-32%)
Severe decline -20.0%, PE contracts to 29.5
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 6.8 to 9.5
Stabilization Target:
$229.94
(+40.2%)
PE Expansion Potential:
+40.2%
Share & Embed Analysis
Last updated: June 23, 2026 3:53 PM ET
Data refreshes hourly during market hours. Next update: 4:53 PM
Data refreshes hourly during market hours. Next update: 4:53 PM
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Technical Signals Check
Is NXST showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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