Grupo Televisa shares extend rally a day after Benchmark reaffirmed bullish rating

[Televisa And Univision Announce Content Merge To Create Spanish-Language Streaming Channel]
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Shares of Grupo Televisa (NYSE:TV [https://seekingalpha.com/symbol/TV]) are continuing their rally for a second day after closing with 5.4% gains on Monday.

The stock rose as much as nearly 14% on Tuesday to a session high of $2.87. It is currently up nearly 10% in early open market trading.

On Monday, analysts at Benchmark reiterated their "buy" rating and price target of $9, implying the stock will more than quadruple in the next 12 months.

The research firm believes that ongoing realization of cost efficiencies under TelevisaUnivision’s $400M program and incremental ARPU growth in Televisa’s broadband segment are positive.

They also highlighted Televisa's deleveraging efforts and noted that material upside from political advertising in 2026 and cash flow from Sky, among other things, would contribute toward a positive outlook for the company.

Over 1.04M TV shares changed hands by 10:34 am ET on the NYSE, trailing behind the three-month trading volume average of 1.58M.

Shares of the company are up nearly 63% so far this year, while the S&P 500 rose 17%.

MORE ON GRUPO TELEVISA

* Grupo Televisa, S.A.B. (TV) Q3 2025 Earnings Call Transcript [https://seekingalpha.com/article/4833191-grupo-televisa-s-a-b-tv-q3-2025-earnings-call-transcript]
* Seeking Alpha’s Quant Rating on Grupo Televisa [https://seekingalpha.com/symbol/TV/ratings/quant-ratings]
* Historical earnings data for Grupo Televisa [https://seekingalpha.com/symbol/TV/earnings]
* Dividend scorecard for Grupo Televisa [https://seekingalpha.com/symbol/TV/dividends/scorecard]
* Financial information for Grupo Televisa [https://seekingalpha.com/symbol/TV/income-statement]