Nexxen International (NASDAQ:NEXN) Posts Earnings Results, Beats Expectations By $0.02 EPS

by · The Cerbat Gem

Nexxen International (NASDAQ:NEXN – Get Free Report) announced its earnings results on Wednesday. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.02, FiscalAI reports. The firm had revenue of $86.84 million during the quarter, compared to analysts’ expectations of $76.86 million. Nexxen International had a return on equity of 9.47% and a net margin of 6.87%.

Here are the key takeaways from Nexxen International’s conference call:

  • Nexxen delivered record Q1 results, with Contribution ex-TAC of $84.5 million (+13% YoY) and programmatic revenue of $81.9 million (+14% YoY), both setting first-quarter records. Management said momentum continued into Q2, led by a record April and strong start to May.
  • Full-year guidance was raised after the Q1 outperformance, with 2026 Contribution ex-TAC now expected at $382 million-$397 million and programmatic revenue at $374 million-$388 million. Adjusted EBITDA guidance was reaffirmed at $122 million-$132 million.
  • CTV returned to growth, with Q1 CTV revenue up 12% year over year to $29.4 million. Management highlighted Nexxen TV Home Screen as a first-mover opportunity that is already live across VIDAA and being adopted by additional DSPs and OEM partners.
  • Enterprise client wins and AI tools are driving adoption, with Nexxen saying it onboarded more new enterprise customers in 2026 than in all of 2025. Management said the new clients have the potential to exceed $1 million in annual spend each, supported by AI features that improve workflow efficiency and campaign performance.
  • Mobile in-app and data products are becoming bigger growth drivers, with mobile revenue up 18% year over year and data products/display up sharply as the company shifts toward AI-resilient channels. Nexxen also said it will continue investing in AI, data infrastructure, and platform innovation, while Q1 cash flow was pressured by working capital timing.

Nexxen International Stock Performance

Shares of NASDAQ:NEXN traded up $0.18 during midday trading on Wednesday, hitting $7.61. The stock had a trading volume of 576,227 shares, compared to its average volume of 340,431. Nexxen International has a 1 year low of $5.60 and a 1 year high of $12.60. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average price of $7.10 and a two-hundred day moving average price of $6.77. The company has a market capitalization of $428.32 million, a PE ratio of 18.56 and a beta of 1.61.

Institutional Investors Weigh In On Nexxen International

A number of hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System acquired a new position in Nexxen International during the 2nd quarter worth approximately $25,000. Quantbot Technologies LP acquired a new stake in shares of Nexxen International in the 3rd quarter valued at approximately $43,000. Jump Financial LLC acquired a new stake in shares of Nexxen International in the 4th quarter valued at approximately $95,000. New York State Common Retirement Fund purchased a new stake in shares of Nexxen International in the second quarter valued at approximately $124,000. Finally, FourThought Financial Partners LLC acquired a new position in Nexxen International during the third quarter worth $168,000. Institutional investors and hedge funds own 54.24% of the company’s stock.

Analyst Ratings Changes

NEXN has been the subject of a number of recent research reports. Canaccord Genuity Group decreased their price target on shares of Nexxen International from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Needham & Company LLC upped their target price on shares of Nexxen International from $7.50 to $8.50 and gave the company a “buy” rating in a report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Nexxen International in a research note on Thursday, January 22nd. Rosenblatt Securities raised their price target on Nexxen International from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, Scotiabank dropped their price target on Nexxen International from $12.00 to $10.00 and set a “sector outperform” rating on the stock in a research report on Thursday, March 5th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Nexxen International currently has an average rating of “Moderate Buy” and an average price target of $10.81.

Check Out Our Latest Research Report on Nexxen International

Nexxen International Company Profile

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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.

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