Nexstar Media Group (NXST) Stock: Buy, Sell, or Hold?
NXST - Nexstar Media Group, Inc. Common Stock
$168.76
3.93 (2.38%)
▲
5d:
+2.5%
30d:
+1.93%
90d:
-7.94%
WAIT
LOW Confidence
Analysis Updated: Oct 22, 2026 12:00 AM ET
Earnings: Nov 05, 2026
12d
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Interactive Price Chart (1 Month)
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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
$122.15
Based on -11.0% avg growth
INTRINSIC VALUE TODAY
$75.85
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 8.7x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NXST is currently trading at $168.76, which is considered extended relative to its 30-day fair value range of $158.73 to $166.67. From a valuation perspective, the stock is trading at a discount (Forward PE: 6.5) compared to its historical average (8.7). Remarkably, the market is currently pricing in an annual earnings decline of 9.2% 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 approaching resistance at $169.75. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock scores a mixed 51/100 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 (+46.2%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, NXST is in a downtrend. The price is approaching resistance at $169.75. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock scores a mixed 51/100 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 (+46.2%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$158.73 -
$166.67
Company Quality Score
51/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
51.0%
All Signals
- BEARISH: Price extended above range
- NEUTRAL: Mixed technical signals (51/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 46.2% 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
$158.73 -
$166.67
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$157.88
Resistance Level
$169.75
Current Trend
Downtrend
Technical data as of
Oct 22, 2026
Fundamental Context
Forward P/E (Next Year Est.)
6.49
Wall Street Target
$246.75
(+46.2%)
Revenue Growth (YoY)
62.2%
Earnings Growth (YoY)
18.0%
Profit Margin
3.2%
Valuation Discount vs History
-9.2% cheaper
PE vs Historical
6.5 vs 8.7
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-9.2%
(market-implied from PE analysis)
1-Year Target
$153.23
(-9%)
2-Year Target
$139.14
(-18%)
3-Year Target
$126.34
(-25%)
3-Yr Target (if PE normalizes)
(PE: 6→9)
$169.23
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 19.9, Growth: -25.9%)
$376.19
(+123%)
Base:
(SPY PE: 6.5, Growth: -25.9%)
$123.03
(-27%)
Bear:
(PE: 5.5, Growth: -25.9%)
$104.57
(-38%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (32x PE), but valuation improves significantly next year (6x PE) as earnings recover.
Trailing PE: 32.07 | Current EPS (TTM): $5.14
Bull Case
$362.63
(+115%)
Analyst growth 100.0%, PE expands to 35.3
Base Case
$329.66
(+95%)
Market implied 100.0%, PE stable at 32.1
Bear Case
$112.08
(-34%)
Severe decline -20.0%, PE contracts to 27.3
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 6.5 to 8.7
Stabilization Target:
$226.06
(+34.0%)
PE Expansion Potential:
+34.0%
Share & Embed Analysis
Last updated: October 22, 2026 8:10 PM ET
Data refreshes hourly during market hours. Next update: 9:10 PM
Data refreshes hourly during market hours. Next update: 9:10 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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