Nexxen International (NASDAQ:NEXN) Price Target Cut to $11.00 by Analysts at Canaccord Genuity Group

Nexxen International (NASDAQ:NEXN) had its price target decreased by Canaccord Genuity Group from $12.00 to $11.00 in a research note published on Thursday morning,Benzinga reports. Canaccord Genuity Group currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Scotiabank cut their price target on Nexxen International from $12.00 to $10.00 and set a “sector outperform” rating for the company in a research note on Thursday. Citizens Jmp decreased their price target on Nexxen International from $15.00 to $12.00 and set a “market outperform” rating on the stock in a research note on Friday, November 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nexxen International in a research report on Thursday, January 22nd. Royal Bank Of Canada decreased their target price on shares of Nexxen International from $14.00 to $12.00 and set an “outperform” rating on the stock in a research report on Friday, November 14th. Finally, Rosenblatt Securities increased their price target on shares of Nexxen International from $15.00 to $16.00 and gave the company a “buy” rating in a report on Thursday. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $11.28.

Nexxen International Stock Up 12.0%

Nexxen International stock opened at $7.48 on Thursday. The company has a market capitalization of $424.49 million, a P/E ratio of 18.24 and a beta of 1.69. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.25 and a current ratio of 1.25. Nexxen International has a fifty-two week low of $5.60 and a fifty-two week high of $12.60. The stock has a 50-day simple moving average of $6.20 and a 200-day simple moving average of $7.51.

Nexxen International (NASDAQ:NEXN) last released its quarterly earnings results on Wednesday, March 4th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.27 by $0.06. The company had revenue of $100.71 million for the quarter, compared to analyst estimates of $100.39 million. Nexxen International had a return on equity of 9.42% and a net margin of 6.87%. Equities research analysts expect that Nexxen International will post 0.25 earnings per share for the current year.

Nexxen International announced that its board has approved a stock repurchase program on Thursday, November 20th that allows the company to repurchase $40.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 9.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Institutional Trading of Nexxen International

Several large investors have recently modified their holdings of NEXN. Jump Financial LLC acquired a new position in shares of Nexxen International during the 4th quarter worth approximately $95,000. Public Employees Retirement System of Ohio raised its holdings in shares of Nexxen International by 328.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 74,102 shares of the company’s stock worth $485,000 after acquiring an additional 56,808 shares during the last quarter. Legato Capital Management LLC raised its holdings in shares of Nexxen International by 23.8% in the fourth quarter. Legato Capital Management LLC now owns 25,028 shares of the company’s stock worth $164,000 after acquiring an additional 4,815 shares during the last quarter. Rock Point Advisors LLC lifted its position in shares of Nexxen International by 42.5% in the fourth quarter. Rock Point Advisors LLC now owns 950,517 shares of the company’s stock valued at $6,216,000 after acquiring an additional 283,295 shares in the last quarter. Finally, Strs Ohio boosted its stake in shares of Nexxen International by 35.7% during the fourth quarter. Strs Ohio now owns 83,300 shares of the company’s stock valued at $545,000 after acquiring an additional 21,900 shares during the last quarter. 54.24% of the stock is currently owned by institutional investors and hedge funds.

Nexxen International News Roundup

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

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.