Nexxen International (NASDAQ:NEXN) Given New $13.00 Price Target at Royal Bank Of Canada

Posted by Brenda Bartman on Aug 13th, 2026

Nexxen International (NASDAQ:NEXN – Get Free Report) had its price objective hoisted by analysts at Royal Bank Of Canada from $11.00 to $13.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 23.52% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Raymond James Financial upped their target price on shares of Nexxen International from $9.00 to $11.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 17th. Scotiabank raised their price target on shares of Nexxen International from $10.00 to $11.00 and gave the company a “sector outperform” rating in a research report on Wednesday, June 17th. Craig Hallum upgraded shares of Nexxen International from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a report on Thursday, July 9th. BTIG Research upped their price objective on Nexxen International from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Needham & Company LLC increased their target price on Nexxen International from $10.50 to $13.00 and gave the company a “buy” rating in a research note on Wednesday. Nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Nexxen International presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.44.

Check Out Our Latest Research Report on Nexxen International

Nexxen International Stock Down 2.0%

Shares of NEXN traded down $0.21 during trading hours on Thursday, hitting $10.53. The company had a trading volume of 194,617 shares, compared to its average volume of 365,154. The firm has a fifty day moving average price of $9.53 and a 200-day moving average price of $7.89. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a market capitalization of $592.35 million, a price-to-earnings ratio of 34.95 and a beta of 1.60. Nexxen International has a 52-week low of $5.60 and a 52-week high of $11.30.

Nexxen International (NASDAQ:NEXN – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The company had revenue of $100.52 million for the quarter, compared to analysts’ expectations of $94.37 million. Nexxen International had a net margin of 4.85% and a return on equity of 7.78%. On average, equities research analysts forecast that Nexxen International will post 0.75 EPS for the current fiscal year.

Insider Activity

In other news, CFO Sagi Niri sold 17,578 shares of Nexxen International stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $10.51, for a total value of $184,744.78. Following the completion of the sale, the chief financial officer directly owned 126,488 shares in the company, valued at $1,329,388.88. The trade was a 12.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 258,468 shares of company stock worth $2,350,050.

Institutional Investors Weigh In On Nexxen International

Several institutional investors and hedge funds have recently added to or reduced their stakes in NEXN. Rock Point Advisors LLC lifted its holdings in shares of Nexxen International by 42.5% during the 4th quarter. Rock Point Advisors LLC now owns 950,517 shares of the company’s stock valued at $6,216,000 after buying an additional 283,295 shares during the period. Strs Ohio increased its position in Nexxen International by 35.7% during the fourth quarter. Strs Ohio now owns 83,300 shares of the company’s stock valued at $545,000 after acquiring an additional 21,900 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Nexxen International by 328.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 74,102 shares of the company’s stock valued at $485,000 after acquiring an additional 56,808 shares during the period. FourThought Financial Partners LLC purchased a new position in Nexxen International in the third quarter worth about $168,000. Finally, Quantbot Technologies LP purchased a new position in Nexxen International in the third quarter worth about $43,000. Hedge funds and other institutional investors own 54.24% of the company’s stock.

Nexxen International News Summary

Here are the key news stories impacting Nexxen International this week:

Positive Sentiment: Strong quarterly results and higher guidance: Nexxen reported second-quarter EPS of $0.23, ahead of the $0.22 consensus, while revenue of $100.52 million exceeded estimates of $94.37 million. The company delivered record Contribution ex-TAC and programmatic revenue, including an all-time quarterly record for connected-TV revenue, and raised its full-year 2026 guidance for both metrics for the third time this year. Nexxen Reports Record Second Quarter 2026 Financial Results
Positive Sentiment: Analysts raised targets: Needham and BTIG each lifted their price target to $13 and assigned a “buy” rating. Rosenblatt Securities reaffirmed its “buy” rating and set a $16 target, implying substantial upside from recent trading levels. Analyst Price Target Updates
Positive Sentiment: Commercial leadership expanded: Nexxen appointed Chance Johnson as president, Kara Puccinelli as chief commercial officer and Kenneth Suh as chief business officer. The company said the appointments are intended to accelerate enterprise growth as it scales its unified advertising platform. Nexxen Names Chance Johnson President
Neutral Sentiment: Short-interest data provides little signal: Reported short interest was zero shares, unchanged from the prior period, with a zero-day days-to-cover ratio. This suggests no meaningful short-squeeze or short-selling catalyst based on the available figures.

About Nexxen International

(Get Free Report)

Tremor International Ltd provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Its sell supply side platform (SSP) provides access to data and a comprehensive product suite to drive inventory management and revenue optimization. The company also offers data management platform solution, which integrates DSP and SSP solutions enabling advertisers and publishers to use data from various sources in order to optimize results of their advertising campaigns.