Nexxen International (NASDAQ:NEXN) Releases Earnings Results, Beats Estimates By $0.03 EPS

Nexxen International (NASDAQ:NEXN) announced its quarterly earnings data on Wednesday. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.03, FiscalAI reports. The business had revenue of $100.52 million during the quarter, compared to the consensus estimate of $93.09 million. Nexxen International had a return on equity of 7.78% and a net margin of 4.85%.

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

• Q2 results exceeded consensus, with contribution ex-TAC rising 11% year over year to $97.8 million and programmatic revenue increasing 12% to $95.2 million. Operating cash flow improved substantially to $61.3 million, while the company maintained a debt-free balance sheet.
• CTV revenue reached a record $37.8 million, up 33% year over year, and mobile revenue increased 23%. Management said momentum has continued into Q3, supported by enterprise adoption, data products, premium media, and mobile in-app execution.
• Nexxen raised its 2026 contribution ex-TAC guidance to $388–$402 million and programmatic revenue guidance to $380–$393 million. The company expects additional upside from U.S. midterm election advertising and expects Nexxen TV Home Screen to contribute meaningfully beginning in Q4 and ramp through 2027.
• Enterprise spend grew more than 25% year over year, while advertisers activated through enterprise customers increased to more than 750 from fewer than 400 a year earlier. Management emphasized that nexAI, integrated with proprietary data and the end-to-end platform, is improving campaign outcomes and encouraging customers to shift more budget to Nexxen.
• Adjusted EBITDA was $27.6 million, or a 28% margin, and full-year EBITDA guidance was reaffirmed rather than raised despite the higher revenue outlook. Management cited increased spending on AI, data, infrastructure, platform capabilities, and go-to-market execution, along with approximately $2.5 million of first-half foreign-exchange pressure, while desktop and non-programmatic businesses declined.

Nexxen International Price Performance

Shares of NASDAQ NEXN traded up $0.07 during trading hours on Wednesday, reaching $10.55. 367,710 shares of the stock traded hands, compared to its average volume of 363,157. The company has a market capitalization of $593.75 million, a P/E ratio of 35.17 and a beta of 1.60. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.04. Nexxen International has a 52-week low of $5.60 and a 52-week high of $11.13. The company’s 50-day simple moving average is $9.48 and its two-hundred day simple moving average is $7.86.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. BTIG Research lifted their price target on Nexxen International from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. Wall Street Zen upgraded Nexxen International from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Needham & Company LLC lifted their price objective on shares of Nexxen International from $8.50 to $10.50 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Royal Bank Of Canada boosted their price objective on Nexxen International from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Finally, Raymond James Financial upped their price target on shares of Nexxen International from $9.00 to $11.00 and gave the company an “outperform” rating in a research note on Wednesday, June 17th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $11.61.

Insider Transactions at Nexxen International

In other Nexxen International news, CFO Sagi Niri sold 17,578 shares of the 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 transaction, the chief financial officer directly owned 126,488 shares in the company, valued at $1,329,388.88. This trade represents a 12.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 258,468 shares of company stock valued at $2,350,050 over the last ninety days.

Hedge Funds Weigh In On Nexxen International

Institutional investors and hedge funds have recently made changes to their positions in the business. Jump Financial LLC bought a new stake in Nexxen International in the fourth quarter worth $95,000. Public Employees Retirement System of Ohio increased 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 buying an additional 56,808 shares during the period. FourThought Financial Partners LLC bought a new stake in shares of Nexxen International in the 3rd quarter valued at about $168,000. Quantbot Technologies LP bought a new stake in shares of Nexxen International in the 3rd quarter valued at about $43,000. Finally, State of Tennessee Department of Treasury grew its position in Nexxen International by 470.3% during the 2nd quarter. State of Tennessee Department of Treasury now owns 32,874 shares of the company’s stock worth $342,000 after acquiring an additional 27,110 shares during the last quarter. Institutional investors own 54.24% of the company’s stock.

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.