Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN) have been assigned a consensus rating of “Moderate Buy” from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $12.2222.

A number of brokerages have recently issued reports on NEXN. Craig Hallum raised 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 note on Thursday, July 9th. BTIG Research lifted their target price on shares of Nexxen International from $10.00 to $13.00 and gave the company a “buy” rating in a research note on Wednesday. Scotiabank upped their target price on shares of Nexxen International from $10.00 to $11.00 and gave the stock a “sector outperform” rating in a report on Wednesday, June 17th. Needham & Company LLC increased their price target on Nexxen International from $10.50 to $13.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Wall Street Zen raised Nexxen International from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd.

Key Nexxen International News

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

• Positive Sentiment: Record results and higher guidance: Nexxen reported record second-quarter 2026 Contribution ex-TAC and programmatic revenue, including all-time-high quarterly CTV revenue. Management raised its full-year 2026 Contribution ex-TAC and programmatic revenue guidance for the third time this year, signaling sustained demand for its advertising platform. Nexxen Reports Record Second Quarter 2026 Financial Results
• Positive Sentiment: Quarterly earnings beat expectations: Nexxen earned $0.23 per share versus the $0.20 consensus estimate, while revenue of $100.52 million exceeded analysts’ $93.09 million forecast. The company reported a 4.85% net margin and 7.78% return on equity. Nexxen Second-Quarter Earnings Report
• Positive Sentiment: Analysts raised their targets: BTIG Research and Needham each lifted Nexxen’s price target to $13.00 from $10.00 and $10.50, respectively, while maintaining “buy” ratings. The revised targets imply approximately 21% upside from the referenced $10.74 price, potentially attracting additional investor interest. Analyst Price Target Updates
• Neutral Sentiment: Commercial leadership changes: Chance Johnson was named president, Kara Puccinelli became chief commercial officer and Kenneth Suh was appointed chief business officer. The appointments are intended to support enterprise growth, although execution under the new structure will be important. Nexxen Leadership Appointments
• Neutral Sentiment: Short-interest data appears unreliable: The report lists zero shares sold short both currently and in the prior period, producing a zero days-to-cover ratio. This does not indicate a meaningful short-covering catalyst and may reflect incomplete or inconsistent data.

Insider Activity

In related news, CFO Sagi Niri sold 17,578 shares of the stock in a transaction dated Tuesday, July 28th. The stock was 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 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 can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 258,468 shares of company stock worth $2,350,050 in the last three months.

Institutional Trading of Nexxen International

Several hedge funds have recently bought and sold shares of NEXN. Pinnacle Holdings LLC purchased a new position in shares of Nexxen International during the second quarter valued at about $42,000. GAMMA Investing LLC lifted its position in shares of Nexxen International by 69.5% in the second quarter. GAMMA Investing LLC now owns 16,496 shares of the company’s stock worth $149,000 after buying an additional 6,764 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of Nexxen International in the fourth quarter worth about $95,000. Public Employees Retirement System of Ohio boosted its stake in Nexxen International by 328.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 74,102 shares of the company’s stock valued at $485,000 after buying an additional 56,808 shares during the last quarter. Finally, Legato Capital Management LLC boosted its stake in Nexxen International by 23.8% during the fourth quarter. Legato Capital Management LLC now owns 25,028 shares of the company’s stock valued at $164,000 after buying an additional 4,815 shares during the last quarter. Hedge funds and other institutional investors own 54.24% of the company’s stock.

Nexxen International Trading Up 2.5%

Shares of NASDAQ:NEXN opened at $10.74 on Friday. The stock has a 50 day moving average of $9.53 and a 200 day moving average of $7.89. The company has a market cap of $604.45 million, a PE ratio of 35.80 and a beta of 1.60. Nexxen International has a 12-month low of $5.60 and a 12-month high of $11.13. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.04.

Nexxen International (NASDAQ:NEXN) last released its earnings results on Wednesday, August 12th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. Nexxen International had a net margin of 4.85% and a return on equity of 7.78%. The company had revenue of $100.52 million for the quarter, compared to analysts’ expectations of $94.37 million. As a group, equities research analysts expect that Nexxen International will post 0.75 EPS for the current year.

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.