Nexstar Media Group (NXST) Stock: Buy, Sell, or Hold?
NXST - Nexstar Media Group, Inc. Common Stock
$155.42
-3.19 (-2.01%)
▼
5d:
-4.12%
30d:
-12.29%
90d:
-14.97%
WAIT
LOW Confidence
Analysis Updated: Oct 2, 2026 12:00 AM ET
Earnings: Nov 05, 2026
Get Alerted When NXST Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 MIXED SIGNALS: NXST shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: NXST shows conflicting indicators. Wait for confirmation before entering.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$96.12
Based on -13.2% avg growth
INTRINSIC VALUE TODAY
$59.68
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 8.8x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NXST is currently trading at $155.42, which is considered oversold relative to its 30-day fair value range of $160.70 to $179.49. From a valuation perspective, the stock is trading at a discount (Forward PE: 6.7) compared to its historical average (8.8). Remarkably, the market is currently pricing in an annual earnings decline of 8.9% over the next few years. This pessimistic expectation contrasts with the company's recent 18.0% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, NXST is in a downtrend. The price is currently testing key support at $154.34. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock scores a mixed 52/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $246.75 (+58.8%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, NXST is in a downtrend. The price is currently testing key support at $154.34. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock scores a mixed 52/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $246.75 (+58.8%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$160.70 -
$179.49
Company Quality Score
51/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
79.5%
All Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (52/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 58.8% below Wall St target ($246.75)
- WARNING: Composite score 51/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$160.70 -
$179.49
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$154.35
Resistance Level
$171.53
Current Trend
Downtrend
Technical data as of
Oct 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
6.67
Wall Street Target
$246.75
(+58.8%)
Revenue Growth (YoY)
62.2%
Earnings Growth (YoY)
18.0%
Profit Margin
3.2%
Valuation Discount vs History
-8.9% cheaper
PE vs Historical
6.7 vs 8.8
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-8.9%
(market-implied from PE analysis)
1-Year Target
$141.59
(-9%)
2-Year Target
$128.99
(-17%)
3-Year Target
$117.51
(-24%)
3-Yr Target (if PE normalizes)
(PE: 7→9)
$155.05
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.4, Growth: -30.4%)
$346.56
(+123%)
Base:
(SPY PE: 6.7, Growth: -30.4%)
$113.30
(-27%)
Bear:
(PE: 5.7, Growth: -30.4%)
$96.31
(-38%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (30x PE), but valuation improves significantly next year (7x PE) as earnings recover.
Trailing PE: 30.10 | Current EPS (TTM): $5.27
Bull Case
$348.94
(+125%)
Analyst growth 100.0%, PE expands to 33.1
Base Case
$317.22
(+104%)
Market implied 100.0%, PE stable at 30.1
Bear Case
$107.85
(-31%)
Severe decline -20.0%, PE contracts to 25.6
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 6.7 to 8.8
Stabilization Target:
$205.07
(+31.9%)
PE Expansion Potential:
+31.9%
Share & Embed Analysis
Last updated: October 02, 2026 6:14 PM ET
Data refreshes hourly during market hours. Next update: 7:14 PM
Data refreshes hourly during market hours. Next update: 7:14 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is NXST showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Broadcasting Stocks
Top-rated stocks in Broadcasting by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
GTN
Gray Television Inc |
BUY
5 analysts |
$7 | 69 BUY |
|
TGNA
Tegna Inc |
BUY
6 analysts |
$22 | 48 HOLD |
|
FUBO
Fubotv Inc |
HOLD
8 analysts |
$17 | 56 HOLD |
|
SSP
E. W. Scripps Co Class A |
HOLD
5 analysts |
$5 | 60 HOLD |
|
SBGI
Sinclair Broadcast Group… |
SELL
7 analysts |
$18 | 49 HOLD |
