Nexxen International (NEXN)

• Market cap: $639M
• 1 day: 2.73%
• 5 days: -6.58%
• 1 month: -5.13%
• 3 months: 26.61%
• 6 months: 64.15%
• Year to date: -1.11%
• 1 year: 92.16%
• 5 years: -45.25%
• 10 years: -45.25%

About: Nexxen International Ltd empowers advertisers, agencies, publishers, and broadcasters to utilize video and connected TV. It is a demand-side platform (DSP), supply-side platform (SSP), ad server, and data management platform (DMP) and also delivers a flexible and unified technology stack with advanced and exclusive data at its core.

Employees: 722

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

32% more capital invested

Capital invested by funds: $13.7M [Q2] → $18.1M (+$4.34M) [Q3]

25% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 8

9% more funds holding

Funds holding: 35 [Q2] → 38 (+3) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

0.09% less ownership

Funds ownership: 1.77% [Q2] → 1.67% (-0.09%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $12 22% upside
• Avg. target: $12.50 28% upside
• High target: $13 33% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

RBC Capital Matthew Swanson 37% 1-year accuracy 14 / 38 met price target	33% upside $13	Outperform Maintained	3 Jan 2025
Needham Laura Martin 75% 1-year accuracy 247 / 328 met price target	22% upside $12	Buy Maintained	10 Dec 2024