Benchmark has maintained a Buy rating on Grupo Televisa with a $10 price target ahead of its Q4 results, highlighting operational progress and macroeconomic tailwinds. Meanwhile, six brokerages covering the stock hold a consensus rating of Hold, assigning an average price target of $5.07 based on one sell, two holds and three buys.

Grupo Televisa is scheduled to release Q4 2025 earnings on February 19, with TelevisaUnivision joint venture results due a day earlier. Benchmark anticipates flat to slightly lower results year-over-year but expects stronger growth driven by Mexico’s export momentum and peso stability in 2026.

Negotiations are reportedly in final stages for Grupo Televisa to acquire AT&T’s Mexican mobile unit, which serves 24 million mobile subscribers. Combined with Televisa’s 20 million fixed-line customers under the Izzi brand, the deal would create a converged platform of 44 million users, enhancing telecom scale and cross-sell opportunities.