Benchmark has again rated Grupo Televisa SA (NYSE:TV) as a Buy and left its price target at $10.00 as the Mexican media company approaches its scheduled fourth-quarter 2025 earnings report. The stock is trading at $3.26, implying substantial upside relative to Benchmark’s target, and InvestingPro data indicates the shares look undervalued under its Fair Value assessment.
Televisa is set to report Q4 2025 results on February 19, according to InvestingPro, with results from the TelevisaUnivision joint venture expected one day earlier. Benchmark’s current forecast for the quarter is "largely in line, slightly down to near flat," while the firm says there is "ample visibility for better 2026 numbers."
Benchmark’s commentary on the company is paired with wider observations about the Mexican economy. The firm highlighted favorable elements such as export growth and peso stability, noting that the "worst fears on Administration tariff actions toward Mexico have not been realized." Benchmark also pointed to Mexico’s attractiveness as a nearshoring alternative, citing competitive manufacturing and transportation costs that could foster "heightened interest in Mexican equities" in 2026.
The stock has rallied over the past year, returning 68.98% and trading close to a 52-week high of $3.48. That momentum has coincided with a series of analyst reviews and corporate developments that have drawn attention from the market.
Among recent analyst moves, BofA Securities raised its price target for Grupo Televisa from $2.60 to $3.30 while keeping a Neutral rating. BofA noted that it incorporated third-quarter results into its models and expects improved cash generation, projecting roughly 5% free cash flow in 2026. Benchmark, meanwhile, reaffirmed its $10.00 target following a renewed carriage agreement with YouTube TV that resolved a blackout which began on September 30.
These analyst assessments and the commercial resolution with YouTube TV are cited as indicators of constructive operational trends at both Televisa and the TelevisaUnivision joint venture, which analysts say are expected to contribute to renewed momentum in 2026. The firm-level commentary emphasizes operational progress and macro factors together as the basis for their outlook.
Investors will have the chance to evaluate those expectations when Televisa releases its Q4 results and the JV posts its numbers in the days immediately prior. Until then, the stock’s current trading level, analyst ratings and the company’s recent commercial and cash-generation signals will remain focal points for market participants assessing the name.
Note: InvestingPro data referenced in this report is cited for valuation and timing of reported results.