NXST Should I Buy
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Nexstar Media Group Inc. (NXST) is not a strong buy at this moment for a beginner, long-term investor. The technical indicators are neutral to slightly bearish, and the financial performance in the latest quarter shows significant declines in revenue, net income, and EPS. While the acquisition of Tegna presents potential long-term growth opportunities, the antitrust lawsuits and insider selling trends add uncertainty. For now, it is better to hold and monitor the stock for clearer positive signals.
The MACD is negative and contracting, RSI is neutral at 30.652, and moving averages are converging, indicating no clear trend. The stock is trading near a key support level of 217.493, with resistance at 229.617.
The acquisition of Tegna is expected to add substantial scale, reaching 80% of TV households and increasing distribution revenue. Analysts have raised price targets significantly, with some projecting up to $300 per share.
Antitrust lawsuits from eight states and DirecTV create uncertainty around the Tegna acquisition. Insider selling has increased by 130.13% over the last month, signaling potential lack of confidence from company insiders. Financial performance in Q4 2025 was weak, with revenue, net income, and EPS all showing significant declines.
In Q4 2025, revenue dropped by 13.32% YoY to $1.289 billion, net income fell by 166.28% YoY to -$171 million, and EPS declined by 168.70% YoY to -$5.64. Gross margin also decreased by 13.44% YoY to 41.27%.
Analysts are generally positive on the stock, with multiple firms raising price targets recently. Deutsche Bank, Barrington, Benchmark, and Guggenheim have all issued Buy or Outperform ratings, citing the strategic value of the Tegna acquisition and potential for significant shareholder value creation.
