Rosenblatt Securities Issues Positive Forecast for Nexxen International (NASDAQ:NEXN) Stock Price
by Amy Steele · The Cerbat GemNexxen International (NASDAQ:NEXN – Free Report) had its target price upped by Rosenblatt Securities from $15.00 to $16.00 in a report issued on Thursday morning,Benzinga reports. Rosenblatt Securities currently has a buy rating on the stock.
Other analysts have also recently issued reports about the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nexxen International in a report on Thursday, January 22nd. Citizens Jmp cut their price objective on shares of Nexxen International from $15.00 to $12.00 and set a “market outperform” rating for the company in a research report on Friday, November 14th. Craig Hallum lowered Nexxen International from a “buy” rating to a “hold” rating and set a $8.00 price objective for the company. in a research note on Thursday, November 13th. Needham & Company LLC decreased their target price on Nexxen International from $9.00 to $7.50 and set a “buy” rating on the stock in a report on Wednesday. Finally, Canaccord Genuity Group cut their price target on Nexxen International from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, November 14th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $11.28.
Read Our Latest Research Report on NEXN
Nexxen International Stock Up 12.0%
Nexxen International stock opened at $7.48 on Thursday. Nexxen International has a one year low of $5.60 and a one year high of $12.60. The stock has a fifty day moving average of $6.20 and a 200 day moving average of $7.51. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a market cap of $424.49 million, a PE ratio of 18.24 and a beta of 1.69.
Nexxen International (NASDAQ:NEXN – Get Free Report) last released its quarterly earnings results on Wednesday, March 4th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.06. Nexxen International had a return on equity of 9.42% and a net margin of 6.87%.The business had revenue of $100.71 million during the quarter, compared to the consensus estimate of $100.39 million. As a group, sell-side analysts predict that Nexxen International will post 0.25 EPS for the current year.
Nexxen International announced that its Board of Directors has approved a stock buyback plan on Thursday, November 20th that permits the company to buyback $40.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 9.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Institutional Investors Weigh In On Nexxen International
Institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System purchased a new position in shares of Nexxen International in the second quarter valued at about $25,000. Quantbot Technologies LP purchased a new stake in shares of Nexxen International during the third quarter worth about $43,000. Police & Firemen s Retirement System of New Jersey bought a new stake in Nexxen International during the 2nd quarter valued at approximately $90,000. Jump Financial LLC purchased a new position in Nexxen International in the 4th quarter worth approximately $95,000. Finally, SG Americas Securities LLC purchased a new position in Nexxen International in the 3rd quarter worth approximately $102,000. Hedge funds and other institutional investors own 54.24% of the company’s stock.
Key Stories Impacting Nexxen International
Here are the key news stories impacting Nexxen International this week:
- Positive Sentiment: Q4 results beat expectations — Nexxen reported $0.33 EPS vs. $0.27 expected and revenue of $100.7M vs. $100.4M consensus; the quarter showed healthy margins and ROE, a clear near‑term catalyst for sentiment. MarketBeat Q4 Results
- Positive Sentiment: Rosenblatt raised its price target from $15 to $16 and reiterated a buy rating — this is a strong bullish signal and was cited by market sources as supporting today’s upside. TickerReport on Rosenblatt
- Positive Sentiment: Product & distribution wins: Nexxen highlighted expansion into AI‑resilient channels, enhanced mobile in‑app capabilities, and a programmatic Smart TV home‑screen ad solution integrated with VIDAA and The Trade Desk — these growth initiatives support medium‑term revenue mix improvement. GlobeNewswire Release
- Neutral Sentiment: FY‑2026 revenue guidance set at $375M–$390M, slightly below the $387.1M consensus — guidance narrows expectations but is broadly in line with current forecasts; watch execution vs. this range. Guidance Release
- Neutral Sentiment: Canaccord and Scotiabank trimmed price targets (Canaccord $12→$11; Scotiabank $12→$10) but kept buy/sector‑outperform ratings — these cuts reduce implied upside but maintain analyst support. Benzinga Coverage
- Negative Sentiment: Needham lowered its target from $9 to $7.50 while keeping a buy rating — that target is roughly in line with the current share price and represents a downside pressure on upside expectations. TickerReport on Needham
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.
Recommended Stories
- Five stocks we like better than Nexxen International
- Silver Is the New Oil—And the World’s Running Dry
- BNZI stands out as a Zacks Buy. Earnings momentum and analyst upgrades align
- What happened in Cyprus could be coming here
- Elon Musk’s $1 Quadrillion AI IPO
- [How To] Invest Pre-IPO In SpaceX With $100!