Nexstar Media Group (NXST)
NASDAQCommunication ServicesBroadcastingSnapshot 2026-07-31
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Create your account →NASDAQCommunication ServicesBroadcastingSnapshot 2026-07-31
Reading NXST? Create a free portfolio, then add this holding for ongoing Reports and tracking. Track it in a free portfolio. No credit card.
Create your account →Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Communication Services is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Complete TEGNA acquisition: acquisition progress challenged by legal issues vs target completion by 2026-Q1.
View ThesisRevenue is contracting — down about 5% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, margins, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskNXST's growth depends on completing the TEGNA acquisition to drive future earnings. Recent financial performance has been strong, with revenue growing 13% year over year and a recent earnings beat. It trades at 13× P/E, below the peer median of 18×. If NXST cuts guidance on the next call, that would be a significant negative. Peer multiples imply a price about 14% above where it trades; this read is provisional.
Trailing returns as of 2026-07-31. NXST is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 9 analysts currently covering NXST (as of Jul 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-08-01. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Broadcasting — fair value, gap to price, and forward P/E.
Threatens: Complete TEGNA acquisition
Accusation could hinder TEGNA acquisition progress.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-07-31. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.

Threatens: Complete TEGNA acquisition
Injunction violation may hinder TEGNA integration progress.

Advances: Complete TEGNA acquisition
FCC vote supports TEGNA acquisition growth objective.

Advances: Complete TEGNA acquisition
Supports completion of TEGNA acquisition.
Advances: Complete TEGNA acquisition
Merger completion is crucial for growth.
Legal battles could delay TEGNA acquisition.
Decline in local TV news impacts competitive positioning.
Gloomy outlook for local TV stations affects growth.
