NXST (Nexstar Media Group) Moat Score: 6/10 (As of Jun. 30, 2026)


NXST Nexstar Media Group Inc NXST
84 GF Score
Price $179.28
GF Value $220.11
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Nexstar Media Group Moat Score?

Nexstar Media Group NXST +5.06% 84 Moat Score is 6 as of Jun. 30, 2026. GuruFocus rates NXST with a GF Score™ of 84/100 and a GF Value™ of $220.11 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,042 Media - Diversified companies, Nexstar Media Group ranks better than 99.04% on this metric.

Nexstar Media Group has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Nexstar Media Group has Narrow Moat: Nexstar Media Group Inc has a strong narrow moat due to its significant market share in local broadcasting, supported by valuable content and distribution networks. It benefits from economies of scale and some pricing power, but lacks the robust regulatory barriers or exclusive licenses needed for a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Nexstar Media Group might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Nexstar Media Group  (NAS:NXST) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Nexstar Media Group Moat Score Related Terms

NXST vs SBGI, NMAX, IHRT: Moat Score Comparison

For the Broadcasting subindustry, Nexstar Media Group's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nexstar Media Group Moat Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Moat Score distribution charts can be found below:

* The bar in red indicates where Nexstar Media Group's Moat Score falls into.


NXST
84GF Score
Nexstar Media Group Inc NXST
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Nexstar Media Group (NXST) has a Moat Score of 6 as of Jun. 30, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Nexstar Media Group ranks #10 out of 1042 companies in the Media - Diversified industry, placing it in the top 1%.
Is Nexstar Media Group's Moat Score too high?
Nexstar Media Group's current Moat Score is 6. Based on the distribution chart, Nexstar Media Group ranks #10 out of 1042 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Nexstar Media Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexstar Media Group's Moat Score compare to SBGI and NMAX?
According to the Media - Diversified industry distribution chart, Nexstar Media Group ranks #10 out of 1042 companies for Moat Score. This places Nexstar Media Group in the top 1% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Media - Diversified company?
A good Moat Score depends on the Media - Diversified industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Nexstar Media Group's current Moat Score is 6. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexstar Media Group stock overvalued right now?
Based on GuruFocus' analysis, Nexstar Media Group (NXST) is currently considered Modestly Undervalued. The stock's GF Value™ is $220.11, compared to a current price of $179.28 — trading 18.5% below its estimated fair value. The current Moat Score is 6. Nexstar Media Group's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Nexstar Media Group (NXST), the current Moat Score is 6 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nexstar Media Group (NXST) Overvalued in 2026?

Based on GuruFocus' analysis, Nexstar Media Group stock appears to be undervalued. The current stock price of $179.28 is trading 18.5% below its estimated GF Value™ of $220.11. GuruFocus considers Nexstar Media Group to be Modestly Undervalued.

Key valuation signals for NXST:

  • Moat Score: 6
  • GF Value™: $220.11 vs. price of $179.28 (18.5% below fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the NXST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nexstar Media Group Business Description

Other Exchanges 1NXST:ItalyNXZ:Germany
Address 545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Assuming its merger with Tegna is affirmed Nexstar's station total would exceed 259 and reach 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
84GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$179.28
Price
$220.11
GF Value