Nexxen International’s (NEXN) “Buy” Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reissued their buy rating on shares of Nexxen International (NASDAQ:NEXN) in a report issued on Thursday,Benzinga reports. The firm currently has a $16.00 price target on the stock.

NEXN has been the subject of a number of other reports. Needham & Company LLC raised 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. BTIG Research upped their price objective on Nexxen International from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday. Scotiabank increased their target price on Nexxen International from $10.00 to $11.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, June 17th. Royal Bank Of Canada lifted their target price on Nexxen International from $10.00 to $11.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Finally, Craig Hallum raised shares of Nexxen International from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Thursday, July 9th. Nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $12.89.

Nexxen International Stock Performance

Nexxen International stock opened at $10.47 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.26 and a quick ratio of 1.25. The firm has a market capitalization of $589.25 million, a P/E ratio of 47.59 and a beta of 1.60. Nexxen International has a 1-year low of $5.60 and a 1-year high of $11.30. The company’s 50-day moving average is $9.62 and its 200 day moving average is $7.94.

Nexxen International (NASDAQ:NEXN) last announced 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 business had revenue of $100.52 million during the quarter, compared to analyst estimates of $93.09 million. Nexxen International had a return on equity of 7.03% and a net margin of 3.41%. Research analysts forecast that Nexxen International will post 0.75 EPS for the current year.

Insider Transactions at Nexxen International

In other Nexxen International news, CFO Sagi Niri sold 68,886 shares of the firm’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $9.08, for a total transaction of $625,484.88. Following the transaction, the chief financial officer owned 381,856 shares of the company’s stock, valued at approximately $3,467,252.48. This trade represents a 15.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 258,468 shares of company stock worth $2,350,050.

Hedge Funds Weigh In On Nexxen International

A number of hedge funds and other institutional investors have recently modified their holdings of NEXN. California State Teachers Retirement System purchased a new position in Nexxen International during the second quarter valued at approximately $25,000. Pinnacle Holdings LLC bought a new position in Nexxen International in the second quarter worth approximately $42,000. Quantbot Technologies LP purchased a new stake in Nexxen International during the third quarter worth $43,000. New York State Common Retirement Fund purchased a new stake in Nexxen International during the second quarter worth $124,000. Finally, Jump Financial LLC bought a new stake in Nexxen International during the 4th quarter valued at $95,000. 54.24% of the stock is currently owned by 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.