Nexxen International (NASDAQ:NEXN) Given “Buy” Rating at Rosenblatt Securities

Nexxen International (NASDAQ:NEXNGet Free Report)‘s stock had its “buy” rating restated by analysts at Rosenblatt Securities in a research note issued to investors on Thursday,Benzinga reports. They currently have a $16.00 price target on the stock. Rosenblatt Securities’ price objective suggests a potential upside of 48.98% from the company’s previous close.

Several other equities research analysts have also recently commented on NEXN. Scotiabank lifted their target price on Nexxen International from $10.00 to $11.00 and gave the company a “sector outperform” rating in a research note on Wednesday, June 17th. Wall Street Zen raised Nexxen International from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Royal Bank Of Canada upped their target price on shares of Nexxen International from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Needham & Company LLC raised their target price on shares of Nexxen International from $10.50 to $13.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Craig Hallum upgraded shares of Nexxen International from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research report on Thursday, July 9th. Nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $12.22.

Get Our Latest Research Report on Nexxen International

Nexxen International Trading Up 2.5%

NEXN opened at $10.74 on Thursday. Nexxen International has a 1-year low of $5.60 and a 1-year high of $11.13. The stock has a market capitalization of $604.45 million, a PE ratio of 35.80 and a beta of 1.60. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average price of $9.53 and a two-hundred day moving average price of $7.89.

Nexxen International (NASDAQ:NEXNGet Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. The business 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%. As a group, equities analysts anticipate that Nexxen International will post 0.75 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Nexxen International news, CFO Sagi Niri sold 17,578 shares of the stock in a transaction 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 sale, the chief financial officer directly owned 126,488 shares in the company, valued at approximately $1,329,388.88. This trade represents a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 258,468 shares of company stock valued at $2,350,050 over the last ninety days.

Institutional Investors Weigh In On Nexxen International

A number of hedge funds have recently modified their holdings of the business. Geode Capital Management LLC boosted its holdings in shares of Nexxen International by 1,062.0% in the second quarter. Geode Capital Management LLC now owns 509,808 shares of the company’s stock valued at $5,307,000 after buying an additional 465,936 shares during the period. Rock Point Advisors LLC raised its holdings in shares of Nexxen International by 42.5% during the fourth quarter. Rock Point Advisors LLC now owns 950,517 shares of the company’s stock worth $6,216,000 after acquiring an additional 283,295 shares during the period. BNP Paribas Financial Markets lifted its position in Nexxen International by 354.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 122,106 shares of the company’s stock valued at $1,271,000 after acquiring an additional 95,219 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in Nexxen International by 328.5% in the 4th 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 in the last quarter. Finally, Rhumbline Advisers boosted its stake in 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 during the period. Institutional investors and hedge funds own 54.24% of the company’s stock.

More Nexxen International News

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

  • Positive Sentiment: Record results and higher guidance: Nexxen reported second-quarter EPS of $0.23 versus the $0.22 consensus estimate, while revenue of $100.52 million exceeded expectations of $94.37 million. The company also delivered record quarterly Contribution ex-TAC and programmatic revenue, including an all-time high in 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 and maintained buy ratings: BTIG Research increased its price target from $10 to $13, while Needham lifted its target from $10.50 to $13. Both firms assigned a “buy” rating, signaling greater confidence in Nexxen’s growth prospects following the quarterly report. Analyst Price Target Reports
  • Positive Sentiment: Growth strategy receives additional leadership support: 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 across its unified advertising platform. Nexxen Names Chance Johnson President
  • Neutral Sentiment: Short-interest data provides no usable signal: Reported short interest remained at zero shares, with zero days to cover, so it does not indicate meaningful short-covering pressure or bearish positioning.

Nexxen International Company Profile

(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.

Further Reading

Analyst Recommendations for Nexxen International (NASDAQ:NEXN)

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