NXST Forecast + Trading Strategies


Bullish Case: NXST's strong Q1 earnings, increased EPS estimates, and solid dividend yield signal potential growth. Positive Helium AI forecast and higher implied volatility support upward price movement.


Bearish Case: Continued insider selling and flat options term structure indicate limited upside. Economic uncertainty and declining ad revenues pose risks, making current valuations unsustainable.


Potential Outcomes:

1. Positive Q2 earnings boost (35%).

2. Insider selling impacts stock negatively (20%).

3. Industry shifts stabilize ad revenue (25%).

4. Continued share price stagnation (20%).


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May 22, 2024


Nexstar Media Forecast

NXST        Nexstar Media
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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