Needham & Company LLC Has Lowered Expectations for Nexxen International (NASDAQ:NEXN) Stock Price

Nexxen International (NASDAQ:NEXN) had its price objective decreased by equities research analysts at Needham & Company LLC from $9.00 to $7.50 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Needham & Company LLC’s target price would indicate a potential upside of 0.27% from the stock’s previous close.

NEXN has been the topic of a number of other reports. Craig Hallum cut Nexxen International from a “buy” rating to a “hold” rating and set a $8.00 target price on the stock. in a report on Thursday, November 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nexxen International in a research note on Thursday, January 22nd. Citizens Jmp lowered their price objective on Nexxen International from $15.00 to $12.00 and set a “market outperform” rating on the stock in a research report on Friday, November 14th. Canaccord Genuity Group reduced their target price on shares of Nexxen International from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, November 14th. Finally, Rosenblatt Securities restated a “buy” rating and set a $15.00 target price on shares of Nexxen International in a research note on Monday, December 29th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Nexxen International currently has an average rating of “Moderate Buy” and an average target price of $11.28.

Nexxen International Price Performance

Shares of NASDAQ:NEXN opened at $7.48 on Wednesday. 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 has a market capitalization of $424.49 million, a PE ratio of 18.24 and a beta of 1.69. The firm’s 50 day moving average price is $6.20 and its 200-day moving average price is $7.51. Nexxen International has a twelve month low of $5.60 and a twelve month high of $12.60.

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

Nexxen International announced that its board has initiated a stock repurchase plan on Thursday, November 20th that authorizes the company to buyback $40.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 9.9% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Institutional Investors Weigh In On Nexxen International

Several large investors have recently made changes to their positions in the company. California State Teachers Retirement System purchased a new stake in Nexxen International during the 2nd quarter valued at $25,000. Quantbot Technologies LP bought a new position in Nexxen International during the third quarter valued at $43,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Nexxen International in the second quarter valued at $90,000. SG Americas Securities LLC bought a new stake in shares of Nexxen International in the 3rd quarter worth about $102,000. Finally, New York State Common Retirement Fund bought a new stake in shares of Nexxen International in the 2nd quarter worth about $124,000. 54.24% of the stock is owned by institutional investors.

Key Nexxen International News

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.