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

Shares of Nexxen International Ltd. Sponsored ADR (NASDAQ:NEXN) have been assigned a consensus rating of “Moderate Buy” from the ten analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $12.8889.

Several equities analysts have recently issued reports on the company. Rosenblatt Securities reiterated a “buy” rating and issued a $16.00 price target on shares of Nexxen International in a research note on Thursday. Raymond James Financial upped their price objective on Nexxen International from $9.00 to $11.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 17th. BTIG Research raised their price objective on Nexxen International from $10.00 to $13.00 and gave the company a “buy” rating in a research note on Wednesday. Royal Bank Of Canada lifted their target price on Nexxen International from $11.00 to $13.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Scotiabank boosted their target price on Nexxen International from $11.00 to $13.00 and gave the stock a “sector outperform” rating in a research note on Thursday.

Insider Activity

In related news, CFO Sagi Niri sold 17,578 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 126,488 shares in the company, valued at $1,329,388.88. This represents a 12.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 258,468 shares of company stock worth $2,350,050.

Institutional Trading of Nexxen International

A number of hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its holdings in shares of Nexxen International by 1,062.0% during the second quarter. Geode Capital Management LLC now owns 509,808 shares of the company’s stock worth $5,307,000 after buying an additional 465,936 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Nexxen International by 1,244.5% during the 2nd quarter. Rhumbline Advisers now owns 59,926 shares of the company’s stock valued at $624,000 after acquiring an additional 55,469 shares in the last quarter. New York State Common Retirement Fund bought a new stake in Nexxen International during the 2nd quarter worth $124,000. California State Teachers Retirement System bought a new stake in Nexxen International during the 2nd quarter worth $25,000. Finally, BNP Paribas Financial Markets increased its holdings in Nexxen International by 354.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 122,106 shares of the company’s stock worth $1,271,000 after purchasing an additional 95,219 shares in the last quarter. Institutional investors and hedge funds 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 Trading Down 2.5%

NEXN opened at $10.47 on Friday. Nexxen International has a twelve month low of $5.60 and a twelve month high of $11.30. The company has a 50-day simple moving average of $9.62 and a 200 day simple moving average of $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. The stock has a market capitalization of $589.25 million, a price-to-earnings ratio of 47.59 and a beta of 1.60.

Nexxen International (NASDAQ:NEXN) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The firm had revenue of $100.52 million for the quarter, compared to the consensus estimate of $93.09 million. Nexxen International had a net margin of 3.41% and a return on equity of 7.03%. Analysts predict that Nexxen International will post 0.75 EPS for the current fiscal year.

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.