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TEGNA ( (TGNA) ) has provided an update.
On August 18, 2025, TEGNA Inc. entered into a Merger Agreement with Nexstar Media Group, where TEGNA will become a wholly owned subsidiary of Nexstar. The merger is under review by the U.S. Department of Justice, which issued a Second Request for additional information on October 30, 2025, extending the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. The merger is expected to be completed by the second half of 2026, pending regulatory approvals and satisfaction of closing conditions.
The most recent analyst rating on (TGNA) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on TEGNA stock, see the TGNA Stock Forecast page.
Spark’s Take on TGNA Stock
According to Spark, TipRanks’ AI Analyst, TGNA is a Neutral.
TEGNA’s overall stock score reflects a mix of strengths and challenges. The company’s strong profitability and attractive valuation are offset by declining revenue trends and bearish technical indicators. The earnings call further highlighted challenges in the advertising market, necessitating strategic adjustments to sustain growth.
To see Spark’s full report on TGNA stock, click here.
More about TEGNA
TEGNA Inc. operates in the media industry, primarily focusing on television broadcasting and digital media services. The company is known for its portfolio of television stations and digital platforms, catering to a diverse audience across various markets.
Average Trading Volume: 3,313,035
Technical Sentiment Signal: Buy
Current Market Cap: $3.16B
Learn more about TGNA stock on TipRanks’ Stock Analysis page.