Nexstar Media Group stock heads toward November 5 results

Published on 10/07/2026 at 06:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nexstar Media Group stock carries a USD 157.36 Nasdaq price from October 6, 2026, while Q2 revenue reached USD 1.99 billion. EPS was USD 3.61 versus USD 5.98 consensus.

NXST, US65336K1034, Illustration mit AI erstellt.

Nexstar Media Group (ISIN US65336K1034) was last at USD 157.36 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, up 0.45 percent from the prior close. The company has scheduled its next quarterly report for November 5, giving investors a defined checkpoint after a mixed second quarter.

November 5 sets the next checkpoint

Nexstar Media Group announced on October 6, 2026 that it will report third quarter financial results on November 5, 2026, with a conference call scheduled for 10:00 a.m. ET. The date is the clearest near-term company event for NXST stock and puts the integration of the TEGNA acquisition back at the center of the earnings discussion.

The scheduled report follows a quarter in which the enlarged media group produced record revenue, but the earnings comparison was less favorable. That split makes revenue conversion and interest costs important indicators for the November release.

Revenue surged while EPS missed

According to MarketBeat in its October 2, 2026 report, Nexstar generated USD 1.99 billion of revenue in the second quarter ended June 30, 2026, up 62.2 percent from the prior year. Diluted EPS was USD 3.61, below the USD 5.98 consensus estimate by USD 2.37.

The revenue increase reflects the TEGNA combination and political advertising, while the EPS miss shows why the next report will be judged on profitability as well as scale. Nexstar also reported USD 113.0 million of consolidated net income and a 6.0 percent net margin for Q2 2026.

Analyst target stays far above price

As Markets Insider reported on October 5, 2026, Barrington analyst Patrick Sholl reiterated a Buy rating and set a USD 290.00 target. The same report placed the Strong Buy consensus target at USD 252.80, which is 60.7 percent above the October 6 price.

MarketBeat listed six Buy ratings, one Hold and one Sell, producing a Moderate Buy consensus with a USD 256.50 average target in its October 2, 2026 report. The different consensus readings show that target estimates vary by provider, even as both averages remain well above NXST's latest Nasdaq price.

NXST trades near its yearly low

NXST was last at USD 157.36 on Nasdaq on October 6, 2026, with a 52-week range of USD 153.17 to USD 254.30 and volume of 379,604 shares. The price stood 2.7 percent above the yearly low, while market capitalization was USD 4.8 billion as of the same date.