Nexxen International (NASDAQ:NEXN) Price Target Raised to $13.00

Nexxen International (NASDAQ:NEXN) had its target price lifted by BTIG Research from $10.00 to $13.00 in a research note released on Wednesday,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts also recently commented on NEXN. 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 research report on Thursday, July 9th. Royal Bank Of Canada raised their price target on Nexxen International from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Rosenblatt Securities reaffirmed a “buy” rating and set a $16.00 price objective on shares of Nexxen International in a report on Wednesday, June 17th. Scotiabank increased their price objective on Nexxen International from $10.00 to $11.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, June 17th. Finally, Raymond James Financial raised their target price on Nexxen International from $9.00 to $11.00 and gave the company an “outperform” rating in a report on Wednesday, June 17th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.89.

Nexxen International Stock Down 2.5%

Nexxen International stock opened at $10.47 on Wednesday. The stock has a 50 day moving average of $9.62 and a two-hundred day moving average of $7.94. Nexxen International has a twelve month low of $5.60 and a twelve month high of $11.30. The stock has a market capitalization of $589.25 million, a price-to-earnings ratio of 47.59 and a beta of 1.60. The company has a current ratio of 1.26, a quick ratio of 1.25 and a debt-to-equity ratio of 0.05.

Nexxen International (NASDAQ:NEXN) last released its quarterly earnings results 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 return on equity of 7.03% and a net margin of 3.41%.The business had revenue of $100.52 million during the quarter, compared to analysts’ expectations of $93.09 million. As a group, research analysts expect that Nexxen International will post 0.75 earnings per share for the current year.

Insider Buying and Selling

In other Nexxen International news, CFO Sagi Niri sold 17,578 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $10.51, for a total transaction of $184,744.78. Following the completion of the transaction, 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 258,468 shares of company stock valued at $2,350,050.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. California State Teachers Retirement System purchased a new stake in Nexxen International in the 2nd quarter valued at approximately $25,000. Pinnacle Holdings LLC purchased a new stake in shares of Nexxen International in the second quarter valued at $42,000. Quantbot Technologies LP acquired a new stake in shares of Nexxen International during the third quarter valued at $43,000. Jump Financial LLC acquired a new stake in shares of Nexxen International during the fourth quarter valued at $95,000. Finally, New York State Common Retirement Fund purchased a new stake in Nexxen International during the 2nd quarter worth about $124,000. 54.24% of the stock is owned by hedge funds and other institutional investors.

More Nexxen International News

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.

About Nexxen International

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.