墨西哥电视股票近期股价上涨，机构评级多为持有

Stock Performance - The stock price of Grupo Televisa increased significantly by 5.05% to $3.33 on December 19, 2025. Among 11 rating institutions, 36% recommended a "buy" and 64% recommended "hold," with no "sell" ratings issued [2]. Institutional Insights - Benchmark raised the target price from $9.00 to $10.00 while maintaining a "buy" rating, primarily due to the renewal agreement between TelevisaUnivision and YouTube TV, which ended a channel blackout that began on September 30. The new agreement includes offering Vix streaming services globally through YouTube TV's Primetime Channels. Despite public disputes regarding channel positioning, Benchmark supports the stock, citing positive performance in Q3 2025 and improved capital structure [3]. Operational Performance - According to the Q3 2025 earnings call on October 24, the company expects stable performance for the remainder of 2025, with improvements anticipated in 2026. TelevisaUnivision reported a 3% year-over-year decline in revenue for Q3, but adjusted EBITDA grew by 9%. The streaming service ViX saw a high single-digit growth in monthly active users, while there was an improvement in net additions for broadband users, although Sky business experienced significant user losses [4]. Industry Policy and Environment - The U.S. television market is influenced by geopolitical factors and tariff policies, such as the tariffs imposed on Chinese imports in April 2025. Mexican-produced televisions benefit from exemptions under the USMCA, which may indirectly favor Televisa's supply chain environment. However, it is important to note that the company's core business is primarily in media and telecommunications, not television manufacturing [5].