Nexxen (TRMR) Stock Forecast, Price Target & Predictions
TRMR Stock Forecast
Nexxen stock forecast is as follows: an average price target of $17.00 (represents a 237.97% upside from TRMR’s last price of $5.03) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
TRMR Price Target
The average price target for Nexxen (TRMR) is $17.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $17.00. This represents a potential 237.97% upside from TRMR's last price of $5.03.
TRMR Analyst Ratings
According to 10 Wall Street analysts, Nexxen's rating consensus is 'Buy'. The analyst rating breakdown for TRMR stock is 0 'Strong Buy' (0.00%), 8 'Buy' (80.00%), 2 'Hold' (20.00%), 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 17, 2022 | Matthew Hedberg | RBC Capital | $17.00 | $8.45 | 101.18% | 237.97% |
The latest Nexxen stock forecast, released on Aug 17, 2022 by Matthew Hedberg from RBC Capital, set a price target of $17.00, which represents a 101.18% increase from the stock price at the time of the forecast ($8.45), and a 237.97% increase from TRMR last price ($5.03).
Nexxen Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $5.03 | $5.03 | $5.03 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
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 $5.03. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 24, 2023 | Needham | Buy | Buy | Hold |
| Aug 21, 2023 | Jefferies | Buy | Buy | Hold |
| Oct 25, 2022 | Maxim Group | - | Buy | Initialise |
| Oct 25, 2022 | UBS | - | Buy | Initialise |
| Oct 25, 2022 | Cantor Fitzgerald | - | Overweight | Initialise |
| Oct 25, 2022 | Credit Suisse | - | Outperform | Initialise |
| Oct 25, 2022 | Goldman Sachs | - | Neutral | Initialise |
| Oct 25, 2022 | Jefferies | - | Hold | Initialise |
| Oct 25, 2022 | Piper Sandler | - | Neutral | Initialise |
| Oct 25, 2022 | RBC Capital | - | Outperform | Initialise |
Nexxen's last stock rating was published by Needham on Aug 24, 2023. The company gave TRMR a "Buy" rating, the same as its previous rate.
Nexxen Financial Forecast
Nexxen Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | $71.74M | $70.85M | $75.83M | $80.87M | $87.02M |
| Avg Forecast | $189.55M | $168.49M | $147.43M | $104.60M | $77.00M | $84.25M | $103.13M | $64.88M | $80.60M | $80.60M | $80.60M |
| High Forecast | $194.36M | $172.76M | $151.17M | $105.00M | $77.00M | $86.38M | $105.74M | $66.52M | $82.64M | $82.64M | $82.64M |
| Low Forecast | $185.20M | $164.62M | $144.05M | $104.20M | $77.00M | $82.31M | $100.76M | $63.39M | $78.75M | $78.75M | $78.75M |
| # Analysts | 1 | 1 | 2 | 3 | 3 | 4 | 1 | - | - | - | 2 |
| Surprise % | - | - | - | - | - | - | 0.70% | 1.09% | 0.94% | 1.00% | 1.08% |
Nexxen's average Quarter revenue forecast for Jun 23 based on 4 analysts is $84.25M, with a low forecast of $82.31M, and a high forecast of $86.38M. TRMR's average Quarter revenue forecast represents a 17.44% increase compared to the company's last Quarter revenue of $71.74M (Mar 23).
Nexxen EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 2 | 3 | 3 | 4 | 1 | - | - | - | 2 |
| EBITDA | - | - | - | - | - | - | $4.71M | $15.12M | $23.42M | $22.78M | $23.94M |
| Avg Forecast | $40.75M | $36.23M | $31.70M | $22.49M | $16.55M | $18.11M | $22.17M | $13.95M | $17.33M | $17.33M | $17.33M |
| High Forecast | $41.79M | $37.14M | $32.50M | $22.57M | $16.55M | $18.57M | $22.73M | $14.30M | $17.77M | $17.77M | $17.77M |
| Low Forecast | $39.82M | $35.39M | $30.97M | $22.40M | $16.55M | $17.70M | $21.66M | $13.63M | $16.93M | $16.93M | $16.93M |
| Surprise % | - | - | - | - | - | - | 0.21% | 1.08% | 1.35% | 1.31% | 1.38% |
4 analysts predict TRMR's average Quarter EBITDA for Jun 23 to be $18.11M, with a high of $18.57M and a low of $17.70M. This is 284.56% upper than Nexxen's previous annual EBITDA (Mar 23) of $4.71M.
Nexxen Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 2 | 3 | 3 | 4 | 1 | - | - | - | 2 |
| Net Income | - | - | - | - | - | - | $-17.91M | $-959.00K | $7.27M | $11.36M | $11.88M |
| Avg Forecast | $109.62M | $95.43M | $112.06M | $16.40M | $6.42M | $-82.00K | $19.97M | $24.24M | $19.25M | $30.66M | $15.69M |
| High Forecast | $142.51M | $124.06M | $145.67M | $17.11M | $6.42M | $-106.60K | $25.96M | $31.52M | $25.03M | $39.86M | $20.39M |
| Low Forecast | $79.48M | $69.19M | $81.24M | $15.69M | $5.70M | $-59.45K | $14.48M | $17.58M | $13.96M | $22.23M | $11.37M |
| Surprise % | - | - | - | - | - | - | -0.90% | -0.04% | 0.38% | 0.37% | 0.76% |
Nexxen's average Quarter net income forecast for Sep 22 is $24.24M, with a range of $17.58M to $31.52M. TRMR's average Quarter net income forecast represents a 233.44% increase compared to the company's last Quarter net income of $7.27M (Jun 22).
Nexxen SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 2 | 3 | 3 | 4 | 1 | - | - | - | 2 |
| SG&A | - | - | - | - | - | - | $40.61M | $34.27M | $32.50M | $41.13M | $42.83M |
| Avg Forecast | $51.59M | $45.86M | $40.12M | $28.47M | $20.96M | $22.93M | $28.07M | $17.66M | $21.94M | $21.94M | $21.94M |
| High Forecast | $52.89M | $47.02M | $41.14M | $28.58M | $20.96M | $23.51M | $28.78M | $18.10M | $22.49M | $22.49M | $22.49M |
| Low Forecast | $50.40M | $44.80M | $39.20M | $28.36M | $20.96M | $22.40M | $27.42M | $17.25M | $21.43M | $21.43M | $21.43M |
| Surprise % | - | - | - | - | - | - | 1.45% | 1.94% | 1.48% | 1.88% | 1.95% |
Nexxen's average Quarter SG&A projection for Jun 23 is $22.93M, based on 4 Wall Street analysts, with a range of $22.40M to $23.51M. The forecast indicates a -43.54% fall compared to TRMR last annual SG&A of $40.61M (Mar 23).
Nexxen EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 2 | 3 | 3 | 4 | 1 | - | - | - | 2 |
| EPS | - | - | - | - | - | - | $-0.24 | $-0.01 | $0.10 | $0.07 | $0.08 |
| Avg Forecast | $1.54 | $1.34 | $1.57 | $0.23 | $0.09 | $-0.00 | $0.28 | $0.34 | $0.27 | $0.43 | $0.22 |
| High Forecast | $2.00 | $1.74 | $2.04 | $0.24 | $0.09 | $-0.00 | $0.36 | $0.44 | $0.35 | $0.56 | $0.29 |
| Low Forecast | $1.11 | $0.97 | $1.14 | $0.22 | $0.08 | $-0.00 | $0.20 | $0.25 | $0.20 | $0.31 | $0.16 |
| Surprise % | - | - | - | - | - | - | -0.86% | -0.03% | 0.37% | 0.16% | 0.35% |
According to 0 Wall Street analysts, Nexxen's projected average Quarter EPS for Sep 22 is $0.34, with a low estimate of $0.25 and a high estimate of $0.44. This represents a 240.00% increase compared to TRMR previous annual EPS of $0.10 (Jun 22).
Nexxen Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WPP | WPP | $52.84 | $1.23K | 2227.78% | Buy |
| DRCT | Direct Digital | $1.93 | $8.00 | 314.51% | Buy |
| TRMR | Nexxen | $5.02 | $17.00 | 238.65% | Buy |
| CDLX | Cardlytics | $3.60 | $6.70 | 86.11% | Buy |
| EEX | Emerald | $4.60 | $7.90 | 71.74% | Buy |
| CMPR | Cimpress | $80.48 | $120.00 | 49.11% | - |
| IAS | Integral Ad Science | $10.77 | $15.78 | 46.52% | Buy |
| CTV | Innovid | $1.72 | $2.50 | 45.35% | Buy |
| QNST | QuinStreet | $20.82 | $25.63 | 23.10% | Buy |
| DLX | Deluxe | $23.34 | $27.00 | 15.68% | Buy |
| BOC | Boston Omaha | $14.70 | $17.00 | 15.65% | Buy |
| OMC | Omnicom Group | $105.04 | $118.17 | 12.50% | Buy |
| TZOO | Travelzoo | $18.42 | $12.00 | -34.85% | Buy |