Nexxen International (NASDAQ:NEXN) Releases Earnings Results, Beats Estimates By $0.02 EPS

Nexxen International (NASDAQ:NEXN) posted its quarterly earnings results on Thursday. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02, FiscalAI reports. The company had revenue of $102.93 million during the quarter, compared to analysts’ expectations of $100.14 million. Nexxen International had a return on equity of 7.03% and a net margin of 3.41%.

Here are the key takeaways from Nexxen International’s conference call:

• Positive Sentiment: Nexxen reported record Q3 Contribution ex-TAC of $100.3 million, up 8% year over year, and record programmatic revenue of $97.8 million, up 9%. Adjusted EBITDA rose 22% to $34.5 million, with margin expanding to 34%.
• Positive Sentiment: CTV revenue increased 39% to a record $34.1 million, while enterprise Contribution ex-TAC grew more than 40% and mobile revenue rose 9%. Management expects Q4 to set new company records for CTV, Contribution ex-TAC, and programmatic revenue.
• Positive Sentiment: Nexxen said its Home Screen programmatic offering is beginning to generate revenue in Q4, with broader growth expected in 2027 and beyond. The company also cited early customer testing of its AI agents and plans to make most platform workflows executable through agentic solutions by the end of Q1.
• Negative Sentiment: Desktop revenue fell 29%, and management expects continued pressure on desktop and mobile web as activity shifts to CTV and mobile in-app. The company reaffirmed full-year 2026 guidance but cited market and geopolitical volatility as reasons for maintaining a wide Q4 outlook range.

Nexxen International Trading Up 12.8%

NEXN stock traded up $1.16 during mid-day trading on Thursday, reaching $10.21. The company’s stock had a trading volume of 1,427,549 shares, compared to its average volume of 442,701. The company has a market cap of $581.46 million, a price-to-earnings ratio of 16.16 and a beta of 1.65. The business’s 50 day moving average price is $8.98 and its 200 day moving average price is $8.35. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.05. Nexxen International has a 12 month low of $5.60 and a 12 month high of $11.30.

Insider Activity

In other news, Director Daniel Kerstein sold 11,000 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $10.38, for a total transaction of $114,180.00. Following the transaction, the director owned 34,678 shares in the company, valued at approximately $359,957.64. This represents a 24.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Key Stories Impacting Nexxen International

These are some of the NEXN stories that stood out recently:

• Positive Sentiment: Nexxen reported Q3 adjusted EPS of $0.32, above the $0.30 consensus, and revenue of $102.93 million, topping estimates of $100.14 million. The company also reported record contribution ex-TAC and programmatic revenue; CTV revenue grew 39% year over year and adjusted EBITDA rose 22%. Nexxen Reports Record Third Quarter 2026 Financial Results
• Positive Sentiment: Management reaffirmed its 2026 outlook and projected a 34% adjusted EBITDA margin in 2027, with the Q4 2027 margin expected to exceed 40%. Those margin targets point to potential operating leverage and profitability improvement. Nexxen reaffirms 2026 guidance and projects 34% adjusted EBITDA margin in 2027
• Neutral Sentiment: 2026 revenue guidance remains $388 million to $402 million. The range includes the $399.4 million analyst consensus, though its $395 million midpoint is modestly below that estimate. Nexxen 2026 guidance

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on NEXN. BTIG Research restated a “buy” rating and issued a $13.00 price target on shares of Nexxen International in a research note on Wednesday, October 21st. Rosenblatt Securities reaffirmed a “buy” rating and set a $16.00 price target on shares of Nexxen International in a report on Thursday, August 13th. Wall Street Zen upgraded shares of Nexxen International from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Weiss Ratings raised shares of Nexxen International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, October 9th. Finally, Royal Bank Of Canada increased their price objective on shares of Nexxen International from $11.00 to $13.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Nexxen International has a consensus rating of “Moderate Buy” and an average price target of $12.89.

About Nexxen International

Nexxen International Ltd. is an advertising technology company that connects advertisers and media owners through software for planning, buying, selling and measuring digital advertising. Its platform supports campaigns across connected television, online video and mobile channels. The company offers demand-side tools for advertisers, supply-side tools for publishers and media owners, and data solutions intended to help target and evaluate campaigns. Nexxen serves customers in multiple markets, including North America, Europe and Asia-Pacific.