BTIG Reiterates Buy Rating for Nexxen International Ltd. (NEXN)
BTIG maintains its buy rating for Nexxen International with a $10 price target, a 18.06% upside from the current price.
Key Points
- BTIG analyst Tyler DiMatteo reiterated a buy rating on Nexxen International Ltd. (NEXN) with a price target of $10 on June 17, 2026.
- BTIG's $10 price target implies 18.06% upside from Nexxen International Ltd.'s ($NEXN) current $8.47 share price.
- Nexxen shares are trading at $8.75 on NasdaqGM, with a market cap of approximately $487.6 million and a forward P/E ratio of 7.17.
- Recent insider activity includes planned sales by CFO Niri Sagi, while analysts from RBC Capital and Needham also maintain buy ratings.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 17, 2026, BTIG analyst Tyler DiMatteo reiterated a buy rating for Nexxen International Ltd. (NasdaqGM: NEXN). The firm set a price target of $10 for the advertising company, which is currently trading at $8.75.
Nexxen International Ltd. Stock Down 17.2%
Shares of NasdaqGM:NEXN are trading around $8.75. Nexxen International Ltd. has a market cap of about $487.6 million. The company sports a P/E ratio of 29.17 and a forward P/E of 7.17, with a beta of 1.481. Its stock has ranged between $5.60 and $11.59 over the past 52 weeks, with a 50-day moving average of $7.82 and a 200-day moving average of $7.44.
$NEXN price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Nexxen International reported revenue of $373.3 million, growing by 10.9% in its most recent period. The company achieved a net margin of 4.85% and a return on equity of 3.73%. The next earnings report is expected on August 12, 2026.
Insider Buying and Selling at Nexxen International Ltd.
Recent insider activity at Nexxen includes planned sales by Chief Financial Officer Niri Sagi. Between June 1 and June 12, 2026, Sagi sold shares in several transactions, including 33,757 shares at an average price of $8.63 on June 1, and 18,660 shares at $8.52 on June 2. These transactions were part of a pre-established trading plan.
Analysts Set New Price Targets
On June 17, 2026, BTIG maintained its buy rating with a $10 target. RBC Capital also maintained a buy rating with an $11 target on May 14, 2026. Similarly, Needham reiterated its buy rating with an $8.5 target on May 13, 2026. The consensus among analysts is a buy recommendation, with an average price target of $12.39 based on 10 opinions.
About Nexxen International Ltd.
Nexxen International Ltd., headquartered in Tel Aviv-Yafo, Israel, operates in the communication services sector, specifically in advertising agencies. The company provides a comprehensive platform for advertising campaigns, serving brands, agencies, and digital publishers worldwide. Led by CEO Ofer Druker, Nexxen offers demand and supply side platforms, data analytics, and creative solutions to optimize advertising performance.
Bottom Line
BTIG's reiteration of a buy rating for Nexxen International underscores confidence in the company's growth prospects. Investors follow such analyst ratings closely as they provide insights into potential stock performance. It's important to remember that these ratings are based on past data and may not reflect current market conditions.
Get Nexxen International Ltd. alerts
New 13F filings, insider trades, and analyst moves on $NEXN, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.