Nexxen International (NASDAQ:NEXN) Releases Earnings Results, Beats Estimates By $0.02 EPS

Nexxen International (NASDAQ:NEXN) issued its earnings results on Thursday. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02, FiscalAI reports. Nexxen International had a return on equity of 7.03% and a net margin of 3.41%. The business had revenue of $102.93 million during the quarter, compared to analyst estimates of $100.14 million.

Here are the key takeaways from Nexxen International’s conference call:

• Positive Sentiment: Nexxen reported record Q3 Contribution ex-TAC of $100.3 million, up 8% year over year, and record programmatic revenue of $97.8 million, up 9%. Adjusted EBITDA rose 22% to $34.5 million, with margin expanding to 34%.
• Positive Sentiment: CTV revenue increased 39% to a record $34.1 million, while enterprise Contribution ex-TAC grew more than 40% and mobile revenue rose 9%. Management expects Q4 to set new company records for CTV, Contribution ex-TAC, and programmatic revenue.
• Positive Sentiment: Nexxen said its Home Screen programmatic offering is beginning to generate revenue in Q4, with broader growth expected in 2027 and beyond. The company also cited early customer testing of its AI agents and plans to make most platform workflows executable through agentic solutions by the end of Q1.
• Negative Sentiment: Desktop revenue fell 29%, and management expects continued pressure on desktop and mobile web as activity shifts to CTV and mobile in-app. The company reaffirmed full-year 2026 guidance but cited market and geopolitical volatility as reasons for maintaining a wide Q4 outlook range.

Nexxen International Stock Performance

Shares of NASDAQ:NEXN traded up $1.09 during trading on Thursday, hitting $10.14. 831,793 shares of the company were exchanged, compared to its average volume of 391,143. The stock has a 50 day moving average of $8.98 and a 200 day moving average of $8.33. The company has a market cap of $577.76 million, a PE ratio of 45.82 and a beta of 1.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.26 and a quick ratio of 1.26. Nexxen International has a 52-week low of $5.60 and a 52-week high of $11.30.

Insider Activity

In other news, Director Daniel Kerstein sold 11,000 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $10.38, for a total value of $114,180.00. Following the completion of the transaction, the director directly owned 34,678 shares in the company, valued at approximately $359,957.64. This trade represents a 24.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Wall Street Analyst Weigh In

A number of analysts have commented on NEXN shares. Rosenblatt Securities restated a “buy” rating and set a $16.00 price target on shares of Nexxen International in a research note on Thursday, August 13th. Zacks Research lowered shares of Nexxen International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 22nd. Wall Street Zen upgraded shares of Nexxen International from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Canaccord Genuity Group boosted their target price on shares of Nexxen International from $11.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Finally, Needham & Company LLC upped their target price on shares of Nexxen International from $10.50 to $13.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $12.89.

About Nexxen International

Nexxen International Ltd. is an advertising technology company that connects advertisers and media owners through software for planning, buying, selling and measuring digital advertising. Its platform supports campaigns across connected television, online video and mobile channels. The company offers demand-side tools for advertisers, supply-side tools for publishers and media owners, and data solutions intended to help target and evaluate campaigns. Nexxen serves customers in multiple markets, including North America, Europe and Asia-Pacific.