Nexxen International (NEXN)

• Market cap: $575M
• 1 day: 1.34%
• 5 days: 2.83%
• 1 month: 17.79%
• 3 months: -77.39%
• 6 months: -71.66%
• Year to date: -77.12%
• 1 year: -60.22%
• 5 years: -87.33%
• 10 years: -87.33%
• Sector: Communication Services
• Industry: Advertising Agencies

About: Nexxen International Ltd is a globalized and flexible advertising technology platform with deep expertise in data and advanced TV that helps empower advertisers, agencies, digital publishers and broadcasters to achieve desired outcomes, including increased efficiency and returns, across the media supply chain. 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 and exclusive data at its core. Company operates in America, APAC, EMEA, regions, with majority revenue from America.

Employees: 854

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

380% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 5

117% more capital invested

Capital invested by funds: $17.6M [Q3] → $38.2M (+$20.6M) [Q4]

50% more funds holding

Funds holding: 38 [Q3] → 57 (+19) [Q4]

1.27% more ownership

Funds ownership: 1.63% [Q3] → 2.9% (+1.27%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

17% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 12

99% less call options, than puts

Call options by funds: $1K | Put options by funds: $83K

Research analyst outlook

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

• Low target: $11 21% upside
• Avg. target: $11.50 27% upside
• High target: $12 32% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Canaccord Genuity Maria Ripps 42% 1-year accuracy 13 / 31 met price target	32% upside $12	Buy Initiated	26 Mar 2025
Needham Laura Martin 50% 1-year accuracy 168 / 337 met price target	32% upside $12	Buy Reiterated	6 Mar 2025
JMP Securities Matthew Condon 8% 1-year accuracy 1 / 12 met price target	21% upside $11	Market Outperform Reiterated	30 Jan 2025
JMP Securities Greg Miller 32% 1-year accuracy 9 / 28 met price target	21% upside $11	Market Outperform Reiterated	27 Jan 2025