Nexxen International (NASDAQ:NEXN) Announces Quarterly Earnings Results

Nexxen International (NASDAQ:NEXN) announced its earnings results on Wednesday. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.06, FiscalAI reports. The business had revenue of $100.71 million during the quarter, compared to analysts’ expectations of $100.39 million. Nexxen International had a return on equity of 12.23% and a net margin of 10.46%.

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

• Nexxen reports a very strong start to 2026 with record January and February and Q1 programmatic contribution ex‑TAC trending ahead of initial expectations, which management attributes to 2025 infrastructure investments.
• The company roughly doubled SSP capacity in H2 2025 and more than doubled its enterprise customer base, positioning it to monetize publisher relationships better and push end‑to‑end enterprise adoption.
• Nexxen launched what it calls the industry’s first programmatic Smart TV on‑screen advertising solution with V (VIDAA) and secured The Trade Desk and Yahoo DSP partners, a move management says opens new CTV home‑screen inventory and accelerates data licensing; the company also plans a further $50M investment in V in Q3 2026.
• Financial headwinds remain — Q4 2025 contribution ex‑TAC declined 7% YoY (1% ex‑political), programmatic revenue fell 4% YoY (2% ex‑political) and CTV revenue was down 19% YoY — and IFRS revenue for 2025 was flat, pressuring non‑IFRS EPS.
• 2026 guidance targets Contribution ex‑TAC $375–$390M (~+8% y/y at midpoint), programmatic revenue $367–$381M (~+10% y/y midpoint) and Adjusted EBITDA $122–$132M (~33% margin), with management citing AI integration, V partnership, mobile in‑app expansion and Smart TV adoption as drivers.

Nexxen International Trading Up 4.0%

Shares of Nexxen International stock traded up $0.26 during mid-day trading on Wednesday, hitting $6.71. The stock had a trading volume of 113,169 shares, compared to its average volume of 345,604. The firm has a 50-day moving average of $6.19 and a two-hundred day moving average of $7.52. The firm has a market cap of $380.62 million, a P/E ratio of 11.18 and a beta of 1.69. 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 12-month low of $5.60 and a 12-month high of $12.60.

Wall Street Analyst Weigh In

NEXN has been the subject of several recent research reports. Rosenblatt Securities reissued a “buy” rating and issued a $15.00 price objective on shares of Nexxen International in a research note on Monday, December 29th. Needham & Company LLC reduced their target price on shares of Nexxen International from $14.00 to $9.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Nexxen International in a research note on Thursday, January 22nd. Craig Hallum cut shares of Nexxen International from a “buy” rating to a “hold” rating and set a $8.00 price objective for the company. in a research note on Thursday, November 13th. Finally, BTIG Research cut their price objective 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. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nexxen International has an average rating of “Moderate Buy” and a consensus target price of $12.22.

Nexxen International announced that its board has authorized a stock repurchase plan on Thursday, November 20th that permits the company to repurchase $40.00 million in shares. This repurchase authorization permits the company to reacquire up to 9.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its position in Nexxen International by 1,062.0% in the second quarter. Geode Capital Management LLC now owns 509,808 shares of the company’s stock valued at $5,307,000 after purchasing an additional 465,936 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Nexxen International by 354.1% during the 2nd 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 boosted its position in shares of Nexxen International by 328.5% during the 4th 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 Nexxen International by 1,244.5% in the 2nd quarter. Rhumbline Advisers now owns 59,926 shares of the company’s stock valued at $624,000 after purchasing an additional 55,469 shares during the last quarter. Finally, State of Tennessee Department of Treasury raised its position in Nexxen International by 470.3% in the second quarter. State of Tennessee Department of Treasury now owns 32,874 shares of the company’s stock valued at $342,000 after purchasing an additional 27,110 shares during the period. 54.24% of the stock is currently owned by hedge funds and other institutional investors.

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.