Nexxen International (NASDAQ:NEXN – Get Free Report) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued on Saturday.
Other equities analysts have also recently issued research reports about the stock. BTIG Research boosted their price target on shares of Nexxen International from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Raymond James Financial raised their price objective on shares of Nexxen International from $9.00 to $11.00 and gave the stock an “outperform” rating in a report on Wednesday, June 17th. Rosenblatt Securities reaffirmed a “buy” rating and set a $16.00 price objective on shares of Nexxen International in a research report on Thursday. Canaccord Genuity Group upped their target price on Nexxen International from $11.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Needham & Company LLC increased their target price on Nexxen International from $10.50 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Nine equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $12.89.
Read Our Latest Research Report on NEXN
Nexxen International Price Performance
Nexxen International (NASDAQ:NEXN – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.20 by $0.03. Nexxen International had a net margin of 3.41% and a return on equity of 7.03%. The business had revenue of $100.52 million during the quarter, compared to analyst estimates of $93.09 million. Research analysts anticipate that Nexxen International will post 0.75 EPS for the current year.
Insider Activity
In related news, CFO Sagi Niri sold 68,886 shares of Nexxen International stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $9.08, for a total transaction of $625,484.88. Following the completion of the transaction, the chief financial officer directly owned 381,856 shares of the company’s stock, valued at $3,467,252.48. This trade represents a 15.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 258,468 shares of company stock valued at $2,350,050.
Institutional Investors Weigh In On Nexxen International
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC lifted its holdings in shares of Nexxen International by 1,062.0% during the second quarter. Geode Capital Management LLC now owns 509,808 shares of the company’s stock valued at $5,307,000 after purchasing an additional 465,936 shares during the last quarter. Rhumbline Advisers boosted its position in shares of Nexxen International by 1,244.5% in the 2nd quarter. Rhumbline Advisers now owns 59,926 shares of the company’s stock worth $624,000 after purchasing an additional 55,469 shares in the last quarter. New York State Common Retirement Fund bought a new stake in shares of Nexxen International in the 2nd quarter worth approximately $124,000. California State Teachers Retirement System purchased a new stake in shares of Nexxen International in the 2nd quarter worth approximately $25,000. Finally, BNP Paribas Financial Markets grew its stake in shares of Nexxen International by 354.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 122,106 shares of the company’s stock worth $1,271,000 after buying an additional 95,219 shares during the last quarter. Hedge funds and other institutional investors own 54.24% of the company’s stock.
Trending Headlines about Nexxen International
Here are the key news stories impacting Nexxen International this week:
- Positive Sentiment: Quarterly results exceeded expectations. Nexxen reported adjusted earnings of $0.23 per share versus the $0.20 consensus estimate, while revenue of $100.52 million surpassed expectations of $93.09 million. Nexxen International Q2 2026 earnings
- Positive Sentiment: Connected TV performance was a key highlight. RBC identified Nexxen’s second-quarter connected-TV revenue as a standout, supporting the company’s position in the growing programmatic and streaming advertising markets. RBC analysis of Nexxen’s Q2 connected TV revenue
- Positive Sentiment: Analysts raised their valuation expectations. Royal Bank of Canada, Scotiabank and Canaccord Genuity each lifted their price target to $13 and maintained bullish ratings. Rosenblatt Securities reaffirmed its “buy” rating with a $16 target, while separate reports from BTIG Research and Needham also projected further appreciation. Analyst price-target updates BTIG Research forecast Needham analyst outlook
- Neutral Sentiment: The positive earnings release and analyst revisions may already be partly reflected in the share price. Nexxen trades well above its 50-day and 200-day moving averages and near its 52-week high, which can encourage short-term profit-taking despite favorable fundamentals.
Nexxen International Company Profile
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.
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