NXST

Nexstar Media GroupD

Nasdaq / Media & Entertainment

At close

2026-06-02

Current thesis

Nexstar still has a sizable cash-generating local broadcast base, 2026 standalone EBITDA guidance of $1.95 billion to $2.05 billion, completed distribution renewals, and evidence that The CW losses improved in 2025, so clean execution could reopen upside from a depressed event-driven multiple. [#PR-2026-02-26]

Posture

Defensive

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta +0.2.

What can break

Higher interest burden from newly priced notes may offset some benefits from extending maturities.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $205.00 · Bull $245.00 · Bear $155.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-04-15 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $280.29

Why

Momentum18 · Δ7d -7.6

Value65 · Δ7d +0.2

Sentiment59 · Δ7d +5.7

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Value · See fundamentals

Momentum

34% active weight

Current posture

7d trendSoftening

Δ7d

-7.6

Δ21d

-10.0

Value

32% active weight

Current posture

7d trendFlat

Δ7d

+0.2

Δ21d

+0.7

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+5.7

Δ21d

+18.0

Why this grade

Composite grade D. Momentum 18.0 / Value 65.1 / Sentiment 59.4

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$5.63B

Beta

0.84

Shares Out

30.33M

P/E (TTM)

12.5

P/S (TTM)

1.24

P/FCF (TTM)

8.61

Rev YoY

-12.3%

EPS YoY

-59.1%

Gross Margin

+57.2%

Op Margin

+19.9%

Net Debt

$6.38B

Current Ratio

1.87

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology