Nexxen (NEXN) Stock Forecast, Price Target & Predictions
NEXN Stock Forecast
Nexxen stock forecast is as follows: an average price target of $8.50 (represents a 4.04% upside from NEXN’s last price of $8.17) 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 $8.50 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 $6.00. This represents a potential 4.04% upside from NEXN's last price of $8.17.
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% | 34.64% |
| May 21, 2024 | Mark Kelley | Stifel Nicolaus | $6.00 | $5.91 | 1.52% | -26.56% |
| May 21, 2024 | Matthew Swanson | RBC Capital | $8.00 | $5.91 | 35.36% | -2.08% |
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 34.64% increase from NEXN last price ($8.17).
Nexxen Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $11.00 | $8.33 |
| Last Closing Price | $8.17 | $8.17 | $8.17 |
| Upside/Downside | -100.00% | 34.64% | 1.96% |
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 $8.17. This month's average price target is down -100.00% 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 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 | $114.22M | $91.92M | $91.45M | $76.35M | $106.30M | $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 | $114.22M | $91.92M | $91.45M | $76.35M | $106.30M | $85.85M | $82.34M | $68.45M | $88.47M | $76.54M | $89.49M | $66.49M | $103.15M | $71.52M | $76.78M | $73.23M | $85.44M | $75.62M | $72.08M |
| Low Forecast | $114.22M | $91.92M | $91.45M | $76.35M | $106.30M | $82.95M | $82.34M | $68.21M | $88.47M | $76.54M | $89.49M | $66.49M | $103.15M | $71.52M | $76.78M | $73.23M | $85.44M | $75.62M | $72.08M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 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 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 | 3 | 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 | $26.05M | $20.97M | $20.86M | $17.41M | $24.24M | $19.25M | $18.78M | $15.58M | $20.18M | $17.46M | $20.41M | $15.16M | $23.53M | $16.31M | $17.51M | $16.70M | $19.49M | $17.25M | $16.44M |
| High Forecast | $26.05M | $20.97M | $20.86M | $17.41M | $24.24M | $19.58M | $18.78M | $15.61M | $20.18M | $17.46M | $20.41M | $15.16M | $23.53M | $16.31M | $17.51M | $16.70M | $19.49M | $17.25M | $16.44M |
| Low Forecast | $26.05M | $20.97M | $20.86M | $17.41M | $24.24M | $18.92M | $18.78M | $15.56M | $20.18M | $17.46M | $20.41M | $15.16M | $23.53M | $16.31M | $17.51M | $16.70M | $19.49M | $17.25M | $16.44M |
| Surprise % | - | - | - | - | - | - | - | - | 1.62% | 1.07% | 0.66% | 0.31% | 1.21% | - | - | - | - | - | - |
1 analysts predict NEXN's average Quarter EBITDA for Mar 24 to be $15.58M, with a high of $15.61M and a low of $15.56M. This is -52.38% lower than Nexxen's previous annual EBITDA (Dec 23) of $32.73M.
Nexxen Net Income Forecast
| 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 | 3 | 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 | $23.13M | $10.09M | $10.43M | $2.43M | $20.99M | $10.48M | $7.75M | $-161.11K | $10.42M | $4.69M | $13.05M | $-3.72M | $21.93M | $19.12M | $24.84M | $19.59M | $25.60M | $9.67M | $5.39M |
| High Forecast | $23.13M | $10.09M | $10.43M | $2.43M | $20.99M | $11.79M | $7.77M | $-161.11K | $10.42M | $4.69M | $13.05M | $-3.72M | $21.93M | $19.12M | $24.84M | $19.59M | $25.60M | $9.67M | $5.39M |
| Low Forecast | $23.13M | $10.09M | $10.43M | $2.43M | $20.99M | $8.51M | $7.74M | $-161.11K | $10.42M | $4.69M | $13.05M | $-3.72M | $21.93M | $19.12M | $24.84M | $19.59M | $25.60M | $9.67M | $5.39M |
| Surprise % | - | - | - | - | - | - | - | - | 0.31% | -0.26% | -0.43% | 4.81% | 0.23% | - | - | - | - | - | - |
Nexxen's average Quarter net income forecast for Mar 24 is $-161.11K, with a range of $-161.11K to $-161.11K. NEXN's average Quarter net income forecast represents a -104.99% decrease compared to the company's last Quarter net income of $3.23M (Dec 23).
Nexxen SG&A Forecast
| 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 | 3 | 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 | $34.52M | $27.78M | $27.64M | $23.07M | $32.13M | $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 | $34.52M | $27.78M | $27.64M | $23.07M | $32.13M | $25.94M | $24.89M | $20.69M | $26.74M | $23.13M | $27.05M | $20.10M | $31.18M | $21.62M | $23.21M | $22.13M | $25.82M | $22.85M | $21.78M |
| Low Forecast | $34.52M | $27.78M | $27.64M | $23.07M | $32.13M | $25.07M | $24.89M | $20.62M | $26.74M | $23.13M | $27.05M | $20.10M | $31.18M | $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 $26.74M to $26.74M. The forecast indicates a -27.62% fall compared to NEXN last annual SG&A of $36.94M (Sep 23).
Nexxen EPS Forecast
| 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 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | $-0.02 | $-0.08 | $-0.24 | - | - | - | - | - | - | - |
| Avg Forecast | $0.33 | $0.14 | $0.15 | $0.04 | $0.30 | $0.15 | $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 | $0.33 | $0.14 | $0.15 | $0.04 | $0.30 | $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 | $0.33 | $0.14 | $0.15 | $0.04 | $0.30 | $0.12 | $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 |
| 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).
NEXN Forecast FAQ
Is Nexxen a good buy?
Yes, according to 2 Wall Street analysts, Nexxen (NEXN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of NEXN's total ratings.
What is NEXN's price target?
Nexxen (NEXN) average price target is $8.5 with a range of $6 to $11, implying a 4.04% from its last price of $8.17. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Nexxen stock go up soon?
According to Wall Street analysts' prediction for NEXN stock, the company can go up by 4.04% (from the last price of $8.17 to the average price target of $8.5), up by 34.64% based on the highest stock price target, and down by -26.56% based on the lowest stock price target.
Can Nexxen stock reach $12?
NEXN's average twelve months analyst stock price target of $8.5 does not support the claim that Nexxen can reach $12 in the near future.
What are Nexxen's analysts' financial forecasts?
Nexxen's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $341.38M (high $342.95M, low $339.81M), average EBITDA is $77.86M (high $78.22M, low $77.5M), average net income is $39.06M (high $40.39M, low $37.08M), average SG&A $103.17M (high $103.65M, low $102.7M), and average EPS is $0.562 (high $0.581, low $0.533). NEXN's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $373.95M (high $373.95M, low $373.95M), average EBITDA is $85.29M (high $85.29M, low $85.29M), average net income is $46.09M (high $46.09M, low $46.09M), average SG&A $113.02M (high $113.02M, low $113.02M), and average EPS is $0.663 (high $0.663, low $0.663).
Did the NEXN's actual financial results beat the analysts' financial forecasts?
Based on Nexxen's last annual report (Dec 2023), the company's revenue was $331.99M, beating the average analysts forecast of $320.99M by 3.43%. Apple's EBITDA was $69.67M, missing the average prediction of $73.21M by -4.83%. The company's net income was $-21.487M, missing the average estimation of $24.43M by -187.94%. Apple's SG&A was $116.07M, beating the average forecast of $97.01M by 19.64%. Lastly, the company's EPS was $-0.3, missing the average prediction of $0.351 by -185.41%. In terms of the last quarterly report (Dec 2023), Nexxen's revenue was $95.92M, beating the average analysts' forecast of $88.47M by 8.41%. The company's EBITDA was $32.73M, beating the average prediction of $20.18M by 62.19%. Nexxen's net income was $3.23M, missing the average estimation of $10.42M by -69.04%. The company's SG&A was $-3.554M, missing the average forecast of $26.74M by -113.29%. Lastly, the company's EPS was $0, missing the average prediction of $0.15 by -100.00%