Nexxen International (NASDAQ:NEXN) Issues Quarterly Earnings Results

Nexxen International (NASDAQ:NEXN) announced its quarterly earnings results on Thursday. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03, FiscalAI reports. Nexxen International had a net margin of 3.41% and a return on equity of 7.05%. The company had revenue of $100.52 million for the quarter, compared to analyst estimates of $93.09 million.

Nexxen International Stock Performance

Shares of NEXN traded down $0.12 during mid-day trading on Friday, reaching $10.62. 82,266 shares of the company’s stock were exchanged, compared to its average volume of 366,508. The business’s fifty day simple moving average is $9.58 and its 200-day simple moving average is $7.92. The stock has a market capitalization of $597.74 million, a PE ratio of 48.21 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 company has a debt-to-equity ratio of 0.04, a current ratio of 1.25 and a quick ratio of 1.25.

Insider Buying and Selling

In related 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 transaction of $184,744.78. Following the completion of the sale, the chief financial officer owned 126,488 shares in the company, valued at $1,329,388.88. This represents a 12.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 258,468 shares of company stock valued at $2,350,050.

Institutional Investors Weigh In On Nexxen International

Institutional investors and hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System acquired a new stake in shares of Nexxen International during the second quarter worth about $25,000. Quantbot Technologies LP purchased a new stake in Nexxen International during the 3rd quarter valued at approximately $43,000. New York State Common Retirement Fund purchased a new stake in Nexxen International during the 2nd quarter valued at approximately $124,000. Jump Financial LLC acquired a new stake in Nexxen International during the 4th quarter worth approximately $95,000. Finally, Lazard Asset Management LLC lifted its position in Nexxen International by 173.4% during the 2nd quarter. Lazard Asset Management LLC now owns 23,164 shares of the company’s stock worth $241,000 after acquiring an additional 14,692 shares during the period. 54.24% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Nexxen International

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

• Positive Sentiment: Analysts raised price targets across the board. BTIG Research and Needham & Company increased their targets to $13 and maintained “buy” ratings, implying meaningful upside from recent levels. BTIG Research Forecasts Strong Price Appreciation for Nexxen International Stock Nexxen International Stock Price Expected to Rise, Needham Analyst Says
• Positive Sentiment: Additional bullish revisions strengthened investor sentiment. RBC, Scotiabank and Canaccord Genuity each raised their price targets from $11 to $13, with ratings ranging from “outperform” to “buy.” Rosenblatt Securities reaffirmed its “buy” rating and maintained a $16 target. These actions suggest analysts see continued operating improvement and valuation upside.
• Positive Sentiment: Q2 results exceeded expectations. Nexxen reported earnings of $0.23 per share versus the $0.20 consensus estimate and revenue of $100.52 million versus expectations of $93.09 million. The results provide a fundamental catalyst for the analyst upgrades. Nexxen International Q2 2026 Results
• Positive Sentiment: Connected TV growth stood out. RBC highlighted Nexxen’s Q2 connected-TV revenue performance, supporting the view that the company is benefiting from ongoing shifts in advertising budgets toward streaming and digital television. Nexxen International Q2 Connected TV Revenue Stands Out, RBC Says
• Neutral Sentiment: NEXN trades near its 52-week high and carries a price-to-earnings ratio above 48. While momentum is favorable, the elevated valuation may leave the stock sensitive to profit-taking or any slowdown in advertising growth.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NEXN. Royal Bank Of Canada upped their target price on shares of Nexxen International from $11.00 to $13.00 and gave the company an “outperform” rating in a report on Thursday. 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. Wall Street Zen upgraded shares of Nexxen International from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Scotiabank raised their price objective on Nexxen International from $11.00 to $13.00 and gave the stock a “sector outperform” rating in a report on Thursday. Finally, Weiss Ratings cut Nexxen International from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday. Nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nexxen International presently has a consensus rating of “Moderate Buy” and an average price target of $12.89.

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.