Nexxen International (NASDAQ:NEXN) Announces Earnings Results

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

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 Trading Up 5.5%

NASDAQ:NEXN traded up $0.42 during mid-day trading on Thursday, reaching $8.03. The company’s stock had a trading volume of 199,021 shares, compared to its average volume of 338,694. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.29 and a quick ratio of 1.29. The stock has a market cap of $451.65 million, a P/E ratio of 19.57 and a beta of 1.61. The company’s fifty day simple moving average is $7.10 and its two-hundred day simple moving average is $6.77. Nexxen International has a twelve month low of $5.60 and a twelve month high of $12.23.

Wall Street Analysts Forecast Growth

Several research firms have commented on NEXN. Rosenblatt Securities upped their price objective on Nexxen International from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Needham & Company LLC upped their price objective on Nexxen International from $7.50 to $8.50 and gave the company a “buy” rating in a research note on Wednesday. Canaccord Genuity Group reduced their price objective on Nexxen International from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Scotiabank reduced their price objective on Nexxen International from $12.00 to $10.00 and set a “sector outperform” rating for the company in a research note on Thursday, March 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nexxen International in a research note on Thursday, January 22nd. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $10.69.

Hedge Funds Weigh In On Nexxen International

Institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its stake in 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 during the period. BNP Paribas Financial Markets raised its holdings in shares of Nexxen International by 354.1% during the second 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 during the period. Public Employees Retirement System of Ohio raised its holdings in shares of Nexxen International by 328.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 74,102 shares of the company’s stock worth $485,000 after purchasing an additional 56,808 shares during the period. Rhumbline Advisers increased its holdings in shares of Nexxen International by 1,244.5% in the 2nd quarter. Rhumbline Advisers now owns 59,926 shares of the company’s stock worth $624,000 after acquiring an additional 55,469 shares during the period. Finally, State of Tennessee Department of Treasury grew its position in Nexxen International by 470.3% in the 2nd quarter. State of Tennessee Department of Treasury now owns 32,874 shares of the company’s stock valued at $342,000 after buying an additional 27,110 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: Nexxen reported record Q1 2026 results, with earnings per share of $0.06 beating estimates of $0.04 and revenue of $86.84 million topping expectations of $76.86 million. The company also said it is seeing momentum in programmatic and CTV revenue, which supports the bullish case. Article: Nexxen Reports Record First Quarter 2026 Financial Results
• Positive Sentiment: Nexxen raised its full-year 2026 guidance, with revenue outlook of $382 million to $397 million above consensus, signaling management expects continued growth and stronger performance ahead. Article: Nexxen Reports Record First Quarter 2026 Financial Results
• Positive Sentiment: Needham & Company LLC lifted its price target on Nexxen International to $8.50 from $7.50 and reiterated a buy rating, suggesting confidence after the earnings update. Article: Nexxen International Given New $8.50 Price Target at Needham & Company LLC
• Positive Sentiment: Royal Bank of Canada raised its target to $11.00 from $10.00 and maintained an outperform rating, implying meaningful upside from current levels. Article: Nexxen International price target raised by Royal Bank Of Canada
• Neutral Sentiment: Separately, another market note said analysts were neutral on Nexxen among top communication services stocks, which is less impactful than the earnings beat and target hikes. Article: Analysts Are Neutral on Top Communication Services Stocks: Nexxen International

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.