Nexxen International (NASDAQ:NEXN) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Nexxen International (NASDAQ:NEXN) had its price target lifted by research analysts at Royal Bank Of Canada from $11.00 to $13.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 24.16% from the stock’s current price.

Several other equities research analysts have also issued reports on NEXN. Wall Street Zen raised shares of Nexxen International from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Rosenblatt Securities reissued a “buy” rating and issued a $16.00 price objective on shares of Nexxen International in a research note on Thursday. Craig Hallum upgraded shares of Nexxen International from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research note on Thursday, July 9th. BTIG Research upped their target price on shares of Nexxen International from $10.00 to $13.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Needham & Company LLC raised their price target on Nexxen International from $10.50 to $13.00 and gave the company a “buy” rating in a report on Wednesday. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $12.89.

Nexxen International Stock Down 2.5%

Shares of NASDAQ NEXN opened at $10.47 on Thursday. The company has a market cap of $589.25 million, a price-to-earnings ratio of 47.59 and a beta of 1.60. Nexxen International has a 52 week low of $5.60 and a 52 week high of $11.30. The firm’s fifty day moving average is $9.62 and its 200 day moving average is $7.94. The company has a quick ratio of 1.25, a current ratio of 1.26 and a debt-to-equity ratio of 0.05.

Nexxen International (NASDAQ:NEXN) last released its earnings results on Wednesday, August 12th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.03. The firm had revenue of $100.52 million during the quarter, compared to analyst estimates of $93.09 million. Nexxen International had a net margin of 3.41% and a return on equity of 7.03%. On average, equities 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 68,886 shares of the company’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $9.08, for a total value of $625,484.88. Following the completion of the sale, the chief financial officer directly owned 381,856 shares in the company, valued at approximately $3,467,252.48. This represents a 15.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 258,468 shares of company stock valued at $2,350,050.

Hedge Funds Weigh In On Nexxen International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rock Point Advisors LLC boosted its holdings in Nexxen International by 42.5% in the fourth quarter. Rock Point Advisors LLC now owns 950,517 shares of the company’s stock valued at $6,216,000 after purchasing an additional 283,295 shares during the last quarter. Strs Ohio boosted its position in Nexxen International by 35.7% in the 4th quarter. Strs Ohio now owns 83,300 shares of the company’s stock worth $545,000 after purchasing an additional 21,900 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Nexxen International by 328.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 74,102 shares of the company’s stock valued at $485,000 after purchasing an additional 56,808 shares in the last quarter. State of Tennessee Department of Treasury increased its holdings in shares of Nexxen International by 470.3% during the 2nd quarter. State of Tennessee Department of Treasury now owns 32,874 shares of the company’s stock valued at $342,000 after purchasing an additional 27,110 shares in the last quarter. Finally, FourThought Financial Partners LLC acquired a new position in shares of Nexxen International in the 3rd quarter valued at $168,000. Hedge funds and other institutional investors 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: 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.