NXST Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Nexstar Media Group Inc (NXST) is not a strong buy at the moment for a beginner, long-term investor with $50,000-$100,000 available. While the technical indicators show a bullish trend and there are positive catalysts such as the Tegna acquisition and Trump's endorsement, the company's recent financial performance is weak, with significant YoY declines in revenue, net income, and EPS. Additionally, the lack of strong trading signals and neutral sentiment from hedge funds and insiders suggest waiting for further clarity on the company's financial recovery and the regulatory approval of the Tegna deal.
The technical indicators show a bullish trend with MACD above 0 and positively contracting, RSI in the neutral zone at 64.329, and moving averages in a bullish alignment (SMA_5 > SMA_20 > SMA_200). Key resistance levels are at R1: 246.912 and R2: 259.408, while support levels are at S1: 206.458 and S2: 193.962.
Nexstar's $3.54 billion acquisition of Tegna, endorsed by Trump, is expected to enhance competition in the media landscape.
Deutsche Bank raised the price target to $250 from $225 and maintained a Buy rating.
Weak financial performance in Q3 2025, with revenue down 12.30% YoY, net income down 61.40% YoY, and EPS down 59.20% YoY.
Regulatory hurdles for the Tegna acquisition may delay or impact the deal.
Neutral sentiment from hedge funds and insiders, with no significant trading trends.
In Q3 2025, Nexstar's revenue dropped to $1.198 billion (-12.30% YoY), net income fell to $66 million (-61.40% YoY), and EPS declined to 2.15 (-59.20% YoY). Gross margin also decreased to 37.23 (-17.05% YoY), indicating significant financial challenges.
Deutsche Bank raised the price target to $250 from $225 and maintained a Buy rating, citing the Tegna merger as a positive catalyst. However, Citi lowered the price target to $204 from $218 and maintained a Neutral rating, reflecting mixed sentiment among analysts.
