Nexstar Media Group (NXST)
NASDAQCommunication ServicesBroadcastingSnapshot 2026-09-04
NASDAQCommunication ServicesBroadcastingSnapshot 2026-09-04
Research Workspace
Put NXST beside peers and holdings, graph the same metric, and keep your notes with the evidence.
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 broken — Increase net income: Net income ~$120M vs $160M target.
View ThesisRevenue growth is accelerating — up about 10% 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 RiskNexstar's growth relies on successfully integrating TEGNA Inc. and maintaining strong revenue. Revenue grew 62% year over year, but the latest quarter missed expectations. It trades at 11× P/E versus a 16× peer median, indicating that the price reflects less growth than forecasted. The primary risk is the potential for further earnings misses, with a 51% chance of missing next quarter. Peer multiples imply a price about 5% above where it trades. The thesis has broken due to net income falling short of targets.
Trailing returns as of 2026-09-04. NXST is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 8 analysts currently covering NXST (as of Sep 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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Compare NXST with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| NXST Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. 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.
Compare the value case
Put NXST next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
FCC rule change supports acquisition strategy.
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 2026-09-04. 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.

Advances: Complete acquisition and integration of TEGNA Inc.
Lifting ownership cap supports TEGNA acquisition strategy.

Threatens: Complete acquisition and integration of TEGNA Inc.
Court violation could hinder TEGNA acquisition process.

Advances: Maintain quarterly dividend at $1.86 per share
Debt repayment supports capital allocation objectives.

Threatens: Complete TEGNA acquisition
Accusation could hinder TEGNA acquisition progress.

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.