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Nexstar Media Group (NXST) Gets a Buy from Wells Fargo

Tipranks - Tipranks - Sat Dec 20, 2025

Wells Fargo analyst Steven Cahall maintained a Buy rating on Nexstar Media Group yesterday and set a price target of $250.00. The company’s shares closed yesterday at $204.30.

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According to TipRanks, Cahall is a 5-star analyst with an average return of 7.7% and a 56.36% success rate. Cahall covers the Communication Services sector, focusing on stocks such as Walt Disney, Nexstar Media Group, and Omnicom Group.

Currently, the analyst consensus on Nexstar Media Group is a Strong Buy with an average price target of $232.25.

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Based on Nexstar Media Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.2 billion and a net profit of $70 million. In comparison, last year the company earned a revenue of $1.37 billion and had a net profit of $187 million

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