Nexxen International (NASDAQ:NEXN) Given New $7.50 Price Target at Needham & Company LLC

Nexxen International (NASDAQ:NEXN) had its price objective trimmed by Needham & Company LLC from $9.00 to $7.50 in a research note released on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the stock.

A number of other research firms have also commented on NEXN. BTIG Research lowered their price target on shares of Nexxen International from $13.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, November 13th. Craig Hallum cut shares of Nexxen International from a “buy” rating to a “hold” rating and set a $8.00 price objective on the stock. in a research report on Thursday, November 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nexxen International in a report on Thursday, January 22nd. Citizens Jmp cut their target price 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. Finally, Canaccord Genuity Group lowered their price target on Nexxen International from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $11.39.

Nexxen International Trading Up 10.9%

Shares of NEXN traded up $0.73 during trading hours on Wednesday, hitting $7.41. The company had a trading volume of 409,202 shares, compared to its average volume of 355,021. Nexxen International has a 52-week low of $5.60 and a 52-week high of $12.60. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.04. The stock’s 50 day moving average price is $6.19 and its 200 day moving average price is $7.51. The firm has a market cap of $420.51 million, a P/E ratio of 12.36 and a beta of 1.69.

Nexxen International (NASDAQ:NEXN) last posted its quarterly earnings results on Wednesday, March 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.06. Nexxen International had a return on equity of 12.23% and a net margin of 10.46%.The business had revenue of $100.71 million for the quarter, compared to analyst estimates of $100.39 million. On average, research analysts predict that Nexxen International will post 0.25 EPS for the current year.

Nexxen International declared that its board has initiated a share buyback program on Thursday, November 20th that authorizes the company to repurchase $40.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 9.9% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in NEXN. California State Teachers Retirement System bought a new position in shares of Nexxen International in the 2nd quarter worth approximately $25,000. Navellier & Associates Inc. grew its stake in Nexxen International by 4.0% in the third quarter. Navellier & Associates Inc. now owns 110,156 shares of the company’s stock worth $1,019,000 after purchasing an additional 4,200 shares during the period. Quantbot Technologies LP purchased a new stake in Nexxen International in the third quarter worth $43,000. Legato Capital Management LLC raised its holdings in 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 purchasing an additional 4,815 shares in the last quarter. Finally, Strs Ohio lifted its position in Nexxen International by 14.1% during the third quarter. Strs Ohio now owns 61,400 shares of the company’s stock valued at $568,000 after buying an additional 7,600 shares during the period. Hedge funds and other institutional investors own 54.24% of the company’s stock.

Nexxen International News Summary

Here are the key news stories impacting Nexxen International this week:

• Positive Sentiment: Q4 results beat expectations — NEXN reported $0.33 EPS vs. $0.27 consensus and revenue of $100.71M vs. $100.39M, showing margin and ROE strength that supports valuation (PE ~12). MarketBeat Q4 Summary
• Positive Sentiment: Rosenblatt raised its price target from $15 to $16 and kept a buy rating — a bullish signal that points to large upside relative to current levels. TickerReport Rosenblatt PT Raise
• Positive Sentiment: Strategic product momentum: Nexxen highlighted expansions into AI-resilient channels and launched a programmatic Smart TV home-screen ad activation integrated with VIDAA and The Trade Desk — these initiatives support higher-growth CTV and enterprise revenue mix for 2026. GlobeNewswire: Product & Integration Announcement
• Neutral Sentiment: Company set a 2026 target of over 8% contribution ex-TAC driven by enterprise and CTV — positive directionally but execution and timing will determine impact. Seeking Alpha: 2026 Growth Target
• Neutral Sentiment: Earnings call transcript and materials are available for deeper detail on guidance and margin drivers — useful for investors who want management commentary and segment-level color. Seeking Alpha Q4 Call Transcript
• Negative Sentiment: FY2026 revenue guidance was set to $375.0M–$390.0M, with the midpoint slightly below consensus (~$387.1M), creating guidance-related uncertainty that can cap near-term multiple expansion. GlobeNewswire: FY2026 Guidance
• Negative Sentiment: Needham trimmed its price target from $9.00 to $7.50 (still a buy), signaling more conservative near-term expectations versus Rosenblatt’s bullish move — mixed analyst views can increase volatility. Benzinga: Needham PT Cut

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.