Televisa (tv) Posts Q3 Loss As Sky Segment Declines; Price Target Lifted To $3
Grupo Televisa, S.A.B. (NYSE:TV) is one of the best Mexican stocks to invest in. On November 6, Goldman Sachs lifted its price target on Grupo Televisa, S.A.B. (NYSE:TV) to $3 from $2.70, while maintaining a Neutral rating.
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Earlier on October 24 Grupo Televisa reported its Q3 2025 results. Its quarterly sales reached 14.627 billion Mexican pesos, down 4.8% year over year. The quarter also saw a net loss of 1.932.5 billion Mexican pesos, compared with net income of 666.5 million Mexican pesos in the same quarter a year earlier. Management put this underperformance on higher income taxes and a decline in the share of income from associates and joint ventures.
The Sky pay‑TV segment reported a revenue decline of about 18.2% year over year in the quarter, and management identified this drop as a key factor behind the 4.8% total revenue decline for the group. Likewise, residential operations within the cable business generated 10.6 billion Mexican pesos in revenue, a decline of only 0.7% year over year. However, management described this performance as the “best quarter of the last 2 years” for the segment. And enterprise operations revenue in this segment reached approximately 1.1 billion Mexican pesos, increasing 7.7% year over year.
Grupo Televisa, S.A.B. (NYSE:TV) is a major Mexican telecommunications and media company headquartered in Mexico City. The company owns and operates cable companies and provides direct-to-home satellite pay television services in Mexico and internationally.
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Disclosure: None. This article is originally published at Insider Monkey.
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