Nexxen (NEXN) Stock Forecast, Price Target & Predictions
NEXN Stock Forecast
Nexxen stock forecast is as follows: an average price target of $11.00 (represents a 12.13% upside from NEXN’s last price of $9.81) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
NEXN Price Target
The average price target for Nexxen (NEXN) is $11.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $11.00. This represents a potential 12.13% upside from NEXN's last price of $9.81.
NEXN Analyst Ratings
According to 2 Wall Street analysts, Nexxen's rating consensus is 'Buy'. The analyst rating breakdown for NEXN stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Nexxen Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 23, 2024 | Matthew Swanson | RBC Capital | $11.00 | $7.71 | 42.67% | 12.13% |
| May 21, 2024 | Mark Kelley | Stifel Nicolaus | $6.00 | $5.91 | 1.52% | -38.84% |
| May 21, 2024 | Matthew Swanson | RBC Capital | $8.00 | $5.91 | 35.36% | -18.45% |
The latest Nexxen stock forecast, released on Aug 23, 2024 by Matthew Swanson from RBC Capital, set a price target of $11.00, which represents a 42.67% increase from the stock price at the time of the forecast ($7.71), and a 12.13% increase from NEXN last price ($9.81).
Nexxen Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $8.33 |
| Last Closing Price | $9.81 | $9.81 | $9.81 |
| Upside/Downside | -100.00% | -100.00% | -15.09% |
In the current month, the average price target of Nexxen stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nexxen's last price of $9.81. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 23, 2024 | RBC Capital | Buy | Buy | Hold |
| Aug 23, 2024 | Lake Street | Buy | Buy | Hold |
| Aug 16, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jun 14, 2024 | RBC Capital | Market Outperform | Market Outperform | Hold |
| May 21, 2024 | RBC Capital | Outperform | Outperform | Hold |
Nexxen's last stock rating was published by RBC Capital on Aug 23, 2024. The company gave NEXN a "Buy" rating, the same as its previous rate.
Nexxen Financial Forecast
Nexxen Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $95.92M | $80.09M | $84.25M | $71.74M | $107.70M | - | - | - | - | - | - |
| Avg Forecast | $122.10M | $101.40M | $98.90M | $83.50M | $118.19M | $95.24M | $93.08M | $74.38M | $106.04M | $84.40M | $82.34M | $68.33M | $88.47M | $76.54M | $89.49M | $66.49M | $103.15M | $71.52M | $76.78M | $73.23M | $85.44M | $75.62M | $72.08M |
| High Forecast | $122.81M | $101.99M | $99.47M | $83.99M | $118.87M | $95.79M | $93.63M | $74.81M | $106.65M | $84.89M | $82.34M | $68.45M | $88.99M | $76.98M | $90.01M | $66.88M | $103.75M | $71.52M | $76.78M | $73.23M | $85.44M | $75.62M | $72.08M |
| Low Forecast | $121.61M | $100.99M | $98.50M | $83.16M | $117.71M | $94.85M | $92.71M | $74.08M | $105.61M | $84.06M | $82.34M | $68.21M | $88.11M | $76.23M | $89.13M | $66.22M | $102.74M | $71.52M | $76.78M | $73.23M | $85.44M | $75.62M | $72.08M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.05% | 0.94% | 1.08% | 1.04% | - | - | - | - | - | - |
Nexxen's average Quarter revenue forecast for Mar 24 based on 1 analysts is $68.33M, with a low forecast of $68.21M, and a high forecast of $68.45M. NEXN's average Quarter revenue forecast represents a -28.76% decrease compared to the company's last Quarter revenue of $95.92M (Dec 23).
Nexxen EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $32.73M | $18.68M | $13.38M | $4.71M | $28.42M | - | - | - | - | - | - |
| Avg Forecast | $27.22M | $22.60M | $22.04M | $18.61M | $26.34M | $21.23M | $20.75M | $16.58M | $23.64M | $18.81M | $18.35M | $15.23M | $19.72M | $17.06M | $19.95M | $14.82M | $22.99M | $16.31M | $17.51M | $16.70M | $19.49M | $17.25M | $16.44M |
| High Forecast | $27.37M | $22.73M | $22.17M | $18.72M | $26.50M | $21.35M | $20.87M | $16.68M | $23.77M | $18.92M | $18.35M | $15.26M | $19.84M | $17.16M | $20.06M | $14.91M | $23.13M | $16.31M | $17.51M | $16.70M | $19.49M | $17.25M | $16.44M |
| Low Forecast | $27.11M | $22.51M | $21.96M | $18.54M | $26.24M | $21.14M | $20.66M | $16.51M | $23.54M | $18.74M | $18.35M | $15.20M | $19.64M | $16.99M | $19.87M | $14.76M | $22.90M | $16.31M | $17.51M | $16.70M | $19.49M | $17.25M | $16.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.66% | 1.10% | 0.67% | 0.32% | 1.24% | - | - | - | - | - | - |
1 analysts predict NEXN's average Quarter EBITDA for Mar 24 to be $15.23M, with a high of $15.26M and a low of $15.20M. This is -53.46% lower than Nexxen's previous annual EBITDA (Dec 23) of $32.73M.
Nexxen Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $3.23M | $-1.20M | $-5.61M | $-17.91M | $5.06M | - | - | - | - | - | - |
| Avg Forecast | - | - | - | - | $19.18M | $10.67M | $9.64M | $1.96M | $11.86M | $12.26M | $8.10M | $-168.38K | $10.89M | $4.90M | $13.64M | $-3.89M | $22.92M | $19.12M | $24.84M | $19.59M | $25.60M | $9.67M | $5.39M |
| High Forecast | - | - | - | - | $19.32M | $10.75M | $9.72M | $1.97M | $11.95M | $12.35M | $8.12M | $-167.50K | $10.97M | $4.94M | $13.74M | $-3.87M | $23.09M | $19.12M | $24.84M | $19.59M | $25.60M | $9.67M | $5.39M |
| Low Forecast | - | - | - | - | $19.07M | $10.61M | $9.59M | $1.95M | $11.80M | $12.20M | $8.09M | $-169.66K | $10.84M | $4.87M | $13.57M | $-3.92M | $22.80M | $19.12M | $24.84M | $19.59M | $25.60M | $9.67M | $5.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.30% | -0.24% | -0.41% | 4.60% | 0.22% | - | - | - | - | - | - |
Nexxen's average Quarter net income forecast for Mar 24 is $-168.38K, with a range of $-169.66K to $-167.50K. NEXN's average Quarter net income forecast represents a -105.22% decrease compared to the company's last Quarter net income of $3.23M (Dec 23).
Nexxen SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $-3.55M | $36.94M | $42.07M | $40.61M | $-3.92M | - | - | - | - | - | - |
| Avg Forecast | $36.90M | $30.65M | $29.89M | $25.24M | $35.72M | $28.78M | $28.13M | $22.48M | $32.05M | $25.51M | $24.89M | $20.65M | $26.74M | $23.13M | $27.05M | $20.10M | $31.18M | $21.62M | $23.21M | $22.13M | $25.82M | $22.85M | $21.78M |
| High Forecast | $37.12M | $30.82M | $30.06M | $25.38M | $35.93M | $28.95M | $28.30M | $22.61M | $32.23M | $25.66M | $24.89M | $20.69M | $26.89M | $23.27M | $27.20M | $20.21M | $31.36M | $21.62M | $23.21M | $22.13M | $25.82M | $22.85M | $21.78M |
| Low Forecast | $36.75M | $30.52M | $29.77M | $25.13M | $35.57M | $28.67M | $28.02M | $22.39M | $31.92M | $25.40M | $24.89M | $20.62M | $26.63M | $23.04M | $26.94M | $20.01M | $31.05M | $21.62M | $23.21M | $22.13M | $25.82M | $22.85M | $21.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.13% | 1.60% | 1.56% | 2.02% | -0.13% | - | - | - | - | - | - |
Nexxen's average Quarter SG&A projection for Dec 23 is $26.74M, based on 1 Wall Street analysts, with a range of $26.63M to $26.89M. The forecast indicates a -27.62% fall compared to NEXN last annual SG&A of $36.94M (Sep 23).
Nexxen EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.02 | $-0.08 | $-0.24 | - | - | - | - | - | - | - |
| Avg Forecast | - | - | - | - | $0.26 | $0.15 | $0.13 | $0.03 | $0.16 | $0.17 | $0.11 | $-0.00 | $0.15 | $0.07 | $0.19 | $-0.05 | $0.32 | $0.27 | $0.36 | $0.28 | $0.37 | $0.14 | $0.08 |
| High Forecast | - | - | - | - | $0.27 | $0.15 | $0.13 | $0.03 | $0.16 | $0.17 | $0.11 | $-0.00 | $0.15 | $0.07 | $0.19 | $-0.05 | $0.32 | $0.27 | $0.36 | $0.28 | $0.37 | $0.14 | $0.08 |
| Low Forecast | - | - | - | - | $0.26 | $0.15 | $0.13 | $0.03 | $0.16 | $0.17 | $0.11 | $-0.00 | $0.15 | $0.07 | $0.19 | $-0.05 | $0.31 | $0.27 | $0.36 | $0.28 | $0.37 | $0.14 | $0.08 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.30% | -0.42% | 4.48% | - | - | - | - | - | - | - |
According to undefined Wall Street analysts, Nexxen's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to NEXN previous annual EPS of $NaN (undefined).