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NXST Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
205.730
Open
198.000
VWAP
203.14
Vol
223.35K
Mkt Cap
6.09B
Low
197.980
Amount
45.37M
EV/EBITDA(TTM)
7.37
Total Shares
30.33M
EV
12.14B
EV/OCF(TTM)
13.63
P/S(TTM)
1.24
Nexstar Media Group, Inc. is a diversified media company with television broadcasting, television network and digital media assets operating in the United States. The Company produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. The Company’s reportable broadcast segment includes television stations and related local websites that Nexstar owns, operates, programs or provides sales and other services to in various markets across the United States, NewsNation, a national cable news network, two owned and operated multicast networks and other multicast network services, and WGN-AM, a Chicago radio station. The other operating segments, The CW and digital businesses, focused on the national marketplace. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com. Its national television properties include The CW, NewsNation, Antenna TV, and Rewind TV.
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Events Timeline

(ET)
2026-04-19
21:10:00
Eli Lilly in Talks to Acquire Kelonia for Over $2B
select
2026-04-18 (ET)
2026-04-18
07:20:00
Nexstar Appeals Preliminary Injunction on Tegna Acquisition
select
2026-03-31 (ET)
2026-03-31
06:50:00
Senate Criticizes FCC Chair for Approving Nexstar-Tegna Merger
select
link
2026-03-29 (ET)
2026-03-29
21:10:00
Colorado Court Temporarily Blocks Nexstar and Tegna Merger
select
2026-03-29
06:30:00
Colorado Court Temporarily Blocks Nexstar-Tegna Merger
select

News

Newsfilter
8.5
04-18Newsfilter
PinnedNexstar Media Group Issues Statement on TEGNA Acquisition Preliminary Injunction
  • Acquisition Completion: Nexstar Media Group successfully completed its acquisition of TEGNA after receiving all necessary regulatory approvals from the FCC and DOJ, marking a significant step in the company's media consolidation and expansion strategy.
  • Legal Challenge: Despite the transaction's completion, Nexstar faces a preliminary injunction and plans to appeal to the Ninth Circuit Court to uphold the legality of its acquisition and seek legal support for its position.
  • Local News Investment: The acquisition is viewed as a move to strengthen local broadcasting stations, with Nexstar committing to continued investment in local journalism and fact-based reporting to enhance community service and information dissemination.
  • Market Position Enhancement: As a leading diversified media company, Nexstar further solidifies its capabilities in producing and distributing national and local news, sports, and entertainment content through this acquisition, thereby enhancing its competitive position in the market.
moomoo
7.0
04-18moomoo
U.S. Court Blocks Merger Between Tegna and Nexstar, According to Legal Filings
  • Court Document Overview: A U.S. court document related to the merger of Stegna and Nexstar has been released, detailing legal proceedings and implications.

  • Legal Implications: The document outlines the potential legal challenges and regulatory considerations surrounding the merger, impacting both companies involved.

seekingalpha
8.5
04-13seekingalpha
Nexstar Ends Use of National Network Segments for Local News
  • Local News Strategy Shift: Nexstar has announced it will no longer utilize segments from national networks like ABC, NBC, and CBS, opting instead for content from its own NewsNation channel, aiming to enhance the independence and impact of local news.
  • Termination of Agreements and Investment Expansion: Nexstar has ended its content-sharing agreement with NBC and plans to gradually terminate remaining agreements with other broadcast networks after completing its acquisition of TEGNA, thereby expanding its investment in local news and programming.
  • Antitrust Lawsuit Impact: Although the $3.5 billion merger between Nexstar and TEGNA has been approved, a California federal judge has halted the integration due to an antitrust lawsuit claiming the merger will impede competition in broadcast TV and lead to higher fees.
  • Stock Price Volatility: Nexstar's shares fell over 7% at Monday's open, reflecting market uncertainty regarding its strategic shift and the prospects of the merger.
moomoo
7.0
04-10moomoo
U.S. Judge Temporarily Extends Order Halting Tegna-Nexstar Merger for an Additional Week
  • Judicial Decision: A U.S. judge has temporarily extended an order regarding the merger of TEGNA and a media company.

  • Duration of Extension: The extension of the order is set for an additional seven days.

seekingalpha
6.0
04-10seekingalpha
Nexstar Stock Rises 5% Following Upgrade to Buy by Citi
  • Upgrade Impact: Citi upgraded Nexstar to Buy, resulting in a more than 5% increase in its stock price on Friday morning, indicating market optimism regarding its future performance.
  • Acquisition Integration Challenges: Nexstar completed its $6.2 billion acquisition of Tegna on March 19, but is facing legal pressure from DirecTV and eight state attorneys general, which has temporarily halted the integration process and may affect future synergies.
  • Risk and Reward Analysis: Analyst Jason Bazinet noted that despite potential downside risks such as reduced synergies and lower sales multiples, the risk-reward ratio from current levels stands at 9:1, with a potential upside of $73.
  • Target Price Adjustment: Citi lowered Nexstar's target price to $220, assuming the company sells stations covering 25 million homes without entering a recession, still implying a 17% upside, reflecting a cautiously optimistic market outlook.
CNBC
6.0
04-10CNBC
Wall Street's Latest Rating Changes Analysis
  • MSG Sports Upgrade: Seaport upgraded Madison Square Garden Sports from neutral to buy, citing a significant 57.5% trading discount versus intrinsic value, suggesting a potential appreciation ahead of the 2025-26 season, particularly with plans to spin off the Knicks and Rangers into standalone entities.
  • ServiceNow Downgrade: UBS downgraded ServiceNow from buy to neutral due to weakened confidence in the software sector, projecting a decline in 2026 free cash flow to 15x, reflecting increased budget pressures on non-AI applications that could impact future performance.
  • Shake Shack Sales Growth: Mizuho upgraded Shake Shack from neutral to outperform, anticipating upside in same-store sales for Q1, driven by strong demand and improved restaurant-level margins, indicating robust market momentum and growth potential.
  • Nvidia Strong Performance: Raymond James reiterated a strong buy rating on Nvidia, based on favorable trends in its Asia supply chain, with suppliers receiving increased forecasts during the quarter, reinforcing Nvidia's position as a market leader.
Wall Street analysts forecast NXST stock price to rise
4 Analyst Rating
Wall Street analysts forecast NXST stock price to rise
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
204.00
Averages
232.25
High
250.00
Current: 0.000
sliders
Low
204.00
Averages
232.25
High
250.00
Citi
Neutral -> Buy
upgrade
$252 -> $220
AI Analysis
2026-04-10
Reason
Citi
Price Target
$252 -> $220
AI Analysis
2026-04-10
upgrade
Neutral -> Buy
Reason
Citi last night upgraded Nexstar to Buy from Neutral with a price target of $220, down from $252. The firm believes the Street has become too bearish on the Tegna acquisition. It sees $8 per share of potential downside and $73 of potential upside, creating a 9:1 risk-reward for Nexstar. The price target assumes Nexstar sells stations covering 25M homes from divestitures for the Tegna deal, the analyst tells investors in a research note.
Citi
Jason Bazinet
Neutral -> Buy
upgrade
$252 -> $220
2026-04-09
Reason
Citi
Jason Bazinet
Price Target
$252 -> $220
2026-04-09
upgrade
Neutral -> Buy
Reason
Citi analyst Jason Bazinet upgraded Nexstar to Buy from Neutral with a price target of $220, down from $252.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NXST
Unlock Now

Valuation Metrics

The current forward P/E ratio for Nexstar Media Group Inc (NXST.O) is 7.83, compared to its 5-year average forward P/E of 9.07. For a more detailed relative valuation and DCF analysis to assess Nexstar Media Group Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.07
Current PE
7.83
Overvalued PE
11.73
Undervalued PE
6.42

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
7.11
Current EV/EBITDA
6.93
Overvalued EV/EBITDA
8.20
Undervalued EV/EBITDA
6.02

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.17
Current PS
1.19
Overvalued PS
1.34
Undervalued PS
1.00

Financials

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Whales Holding NXST

F
Fuller & Thaler Asset Management, Inc.
Holding
NXST
+14.55%
3M Return
H
Hennessy Advisors, Inc.
Holding
NXST
+9.75%
3M Return
C
Copeland Capital Management, LLC
Holding
NXST
+6.42%
3M Return
C
Cornerstone Investment Partners, LLC
Holding
NXST
+5.69%
3M Return
D
Dorsal Capital Management, LP
Holding
NXST
-5.46%
3M Return

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Frequently Asked Questions

What is Nexstar Media Group Inc (NXST) stock price today?

The current price of NXST is 205.72 USD — it has increased 2.46

What is Nexstar Media Group Inc (NXST)'s business?

Nexstar Media Group, Inc. is a diversified media company with television broadcasting, television network and digital media assets operating in the United States. The Company produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. The Company’s reportable broadcast segment includes television stations and related local websites that Nexstar owns, operates, programs or provides sales and other services to in various markets across the United States, NewsNation, a national cable news network, two owned and operated multicast networks and other multicast network services, and WGN-AM, a Chicago radio station. The other operating segments, The CW and digital businesses, focused on the national marketplace. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com. Its national television properties include The CW, NewsNation, Antenna TV, and Rewind TV.

What is the price predicton of NXST Stock?

Wall Street analysts forecast NXST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NXST is232.25 USD with a low forecast of 204.00 USD and a high forecast of 250.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Nexstar Media Group Inc (NXST)'s revenue for the last quarter?

Nexstar Media Group Inc revenue for the last quarter amounts to 1.29B USD, decreased -13.32

What is Nexstar Media Group Inc (NXST)'s earnings per share (EPS) for the last quarter?

Nexstar Media Group Inc. EPS for the last quarter amounts to -5.64 USD, decreased -168.70

How many employees does Nexstar Media Group Inc (NXST). have?

Nexstar Media Group Inc (NXST) has 11693 emplpoyees as of April 20 2026.

What is Nexstar Media Group Inc (NXST) market cap?

Today NXST has the market capitalization of 6.09B USD.