DAY WATCH-->NEXN Nexxen International Ltd. $12.06-0.26(-2.11%)9:37 AM 05/14/25 NASDAQ |$USD |Realtime BUY IF IT CROSSES $12.15
-- Nexxen International Non-GAAP EPS of $0.16 beats by $0.11, revenue of $78.33M beats by $5.32M NewsToday, 7:35 AM
On May 12, 2025, Canaccord Genuity announced a change in its price target for Nexxen International (NEXN,Financial). The financial services firm, represented by analyst Maria Ripps, raised its price target for NEXN from $12.00 to $14.00, marking a 16.67% increase. This adjustment reflects a positive outlook on the company's future performance.
Raymond James Upgrades Nexxen International (NEXN) May 05, 2025 — 08:03 pm EDT Fintel reports that on May 5, 2025, Raymond James upgraded their outlook for Nexxen International (NasdaqGM:NEXN) from Market Perform to Outperform. Analyst Price Forecast Suggests 140.09% Upside As of January 29, 2025, the average one-year price target for Nexxen International is $26.03/share. The forecasts range from a low of $25.77 to a high of $26.79. The average price target represents an increase of 140.09% from its latest reported closing price of $10.84 / share.
Nexxen International (NASDAQ:NEXN) Hits New 1-Year High Following Analyst Upgrade May 13th, 2025 (NASDAQ:NEXN–Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday after Royal Bank of Canada raised their price target on the stock from $13.00 to $14.00. Royal Bank of Canada currently has an outperform rating on the stock. Nexxen International traded as high as $11.99 and last traded at $11.78, with a volume of 152040 shares traded. The stock had previously closed at $11.54. Other equities analysts have also issued reports about the stock. Craig Hallum initiated coverage on shares of Nexxen International in a research report on Thursday, April 10th. They set a “buy” rating and a $15.00 target price on the stock. Scotiabank initiated coverage on shares of Nexxen International in a research report on Monday, March 31st. They set a “sector outperform” rating and a $17.00 target price on the stock. Needham & Company LLC reiterated a “buy” rating and set a $12.00 target price on shares of Nexxen International in a research report on Thursday, March 6th. JMP Securities reiterated a “market outperform” rating and set a $22.00 target price on shares of Nexxen International in a research report on Monday, January 27th. Finally, Canaccord Genuity Group upped their target price on shares of Nexxen International from $12.00 to $14.00 and gave the stock a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $15.40. /////////////////////////////////// Nexxen International announced that its Board of Directors has approved a share repurchase plan on Wednesday, March 5th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the company to buy up to 8.2% of its stock through open market purchases. /////////// OK THIS IS A CLASSIC SET UP. 1> Some inst investors fled the name. Now they will want back in. 2> upgrades before earn juiced the name and it front ran the announcement so today is a sell the news day but the news is good... 3> Topped out at $12.33 on those upgrades... 4>reasonable debt load 5> rev growing a modest 10% EPS growth next year will be near 14% PE is very fair at 12.
Nexxen International Ltd. provides end-to-end and video-first platform that engages advertising campaigns for brands, agencies, media groups, and content creators worldwide. The company offers demand side platform, which provides a self-service solution for advertisers and their agencies to manage omni-channel campaigns, access to inventory, data for audience targeting, planning capabilities across formats, testing solutions and reporting; Data Platform, provides insights and recommendations pertaining to geographic, behavioral, and demographic data, as well as enables advertisers and publishers to use data from various sources to optimize results of their advertising campaigns; and Supply Side Platform, a self-service supply side platforms solution for publishers to sell their digital ad placements via a real-time bidding auction across screens, including mobile, CTVs, streaming devices, and desktops. It also provides analytics/artificial intelligence services; Nexxen Discovery, an audience insight and activation product to gain a view of their audiences to plan, optimize, and activate their advertising campaigns; and Nexxen Studio, an in-house digital creative studio offers various creative solutions to suit the needs of brands and agencies. The company serves ad buyers, including brands and agencies, and digital publishers. The company was formerly known as Tremor International Ltd and changed its name to Nexxen International Ltd. in January 2024. Nexxen International Ltd. was incorporated in 2007 and is headquartered in Tel Aviv-Yafo, Israel.
My purchase was around 8% lower then that. However, the strength of the trade would be holding it to high $40s which is a much harder task imo in a highly volatile sector.
I have a weird make up gym workout now. Looks like it may be ready to make move. I'm leaving a $12.15 buy order in the etrade and will see if we get hit when I get back in an hour./