Nexxen (NEXN) Stock Forecast, Price Target & Predictions


OverviewRevenueFinancialsChartTranscripts

NEXN Stock Forecast


Nexxen (NEXN) stock forecast, based on 2 Wall Street analysts, predicts a 12-month average price target of $11.00, with a high of $11.00 and a low of $11.00. This represents a 14.23% increase from the last price of $9.63.

$5 $6 $7 $8 $9 $10 $11 High: $11 Avg: $11 Low: $11 Last Closed Price: $9.63

NEXN Stock Rating


Nexxen stock's rating consensus is Buy, based on 2 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 2 0 2 Strong Sell Sell Hold Buy Strong Buy

NEXN Forecast vs Benchmarks


TypeNameUpside
StockNexxen14.23%
SectorCommunication Services Stocks 2.10%
IndustryAdvertising Stocks 27.47%

Price Target Trends


1M3M12M
# Anlaysts--3
Avg Price Target--$8.33
Last Closing Price$9.63$9.63$9.63
Upside/Downside---13.50%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 253-1--4
Dec, 243-2--5
Nov, 24342--9
Oct, 24342--9
Sep, 24342--9
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 23, 2024Matthew SwansonRBC Capital$11.00$7.7142.67%14.23%
May 21, 2024Mark KelleyStifel Nicolaus$6.00$5.911.52%-37.69%
May 21, 2024Matthew SwansonRBC Capital$8.00$5.9135.36%-16.93%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Jan 03, 2025RBC CapitalOutperformOutperformhold
Aug 23, 2024RBC CapitalBuyBuyhold
Aug 23, 2024Lake StreetBuyBuyhold
Aug 16, 2024RBC CapitalOutperformOutperformhold
Jun 14, 2024RBC CapitalMarket OutperformMarket Outperformhold
May 21, 2024RBC CapitalOutperformOutperformhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$0.04$1.02$0.30$-0.30---
Avg Forecast$-0.07$1.46$1.15$0.28$0.45$0.57$0.60
High Forecast$-0.07$1.42$1.15$0.28$0.45$0.57$0.60
Low Forecast$-0.07$1.49$1.15$0.28$0.45$0.57$0.60
Surprise %-157.14%-30.14%-73.91%-207.14%---

Revenue Forecast

$200M $250M $300M $350M $400M $450M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$211.92M$341.94M$335.25M$331.99M---
Avg Forecast$405.70M$299.05M$309.91M$312.17M$343.32M$377.44M$409.90M
High Forecast$395.87M$291.81M$309.75M$312.12M$343.26M$377.38M$409.83M
Low Forecast$411.22M$303.12M$310.08M$312.20M$343.35M$377.47M$409.93M
Surprise %-47.76%14.34%8.18%6.35%---

Net Income Forecast

$-50M $-10M $30M $70M $110M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$2.14M$73.22M$22.74M$-21.49M---
Avg Forecast$-5.03M$104.96M$82.34M$20.28M$32.45M$40.85M$43.08M
High Forecast$-5.11M$101.66M$82.28M$20.28M$32.44M$40.84M$43.07M
Low Forecast$-4.87M$106.82M$82.39M$20.28M$32.45M$40.86M$43.08M
Surprise %-142.56%-30.24%-72.39%-205.94%---

NEXN Forecast FAQ


Is Nexxen stock a buy?

Nexxen stock has a consensus rating of Buy, based on 2 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Nexxen is a favorable investment for most analysts.

What is Nexxen's price target?

Nexxen's price target, set by 2 Wall Street analysts, averages $11 over the next 12 months. The price target range spans from $11 at the low end to $11 at the high end, suggesting a potential 14.23% change from the previous close price of $9.63.

How does Nexxen stock forecast compare to the average forecast of its sector, industry, and investment themes?

Nexxen stock forecast shows a 14.23% upside, outperforming the average forecast for the communication services stocks sector (2.10%) and underperforming the advertising stocks industry (27.47%).

What is the breakdown of analyst ratings for Nexxen over the past three months?

  • January 2025: 75.00% Strong Buy, 0% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 60.00% Strong Buy, 0% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 33.33% Strong Buy, 44.44% Buy, 22.22% Hold, 0% Sell, 0% Strong Sell.

What is Nexxen’s EPS forecast?

Nexxen's average annual EPS forecast for its fiscal year ending in December is 0.45 for 2024, a -250.00% decrease from the reported $-0.3 in 2023. The prediction for 2025 is $0.57, and $0.6 for 2026.

What is Nexxen’s revenue forecast?

Nexxen's average annual revenue forecast for its fiscal year ending in December is $343.32M for 2024, a 3.41% increase from the reported $331.99M in 2023. The forecast for 2025 is $377.44M, and $409.9M for 2026.

What is Nexxen’s net income forecast?

For its fiscal year ending in December, Nexxen's average annual net income forecast is $32.45M for 2024, reflecting a -251.03% decrease from the reported $-21.487M in 2023. The projection for 2025 is $40.85M, and $43.08M for 2026.