
NEXN Stock Forecast & Price Target
NEXN Analyst Ratings
Bulls say
Nexxen International Ltd has demonstrated strong momentum in its connected TV (CTV) segment, achieving a revenue increase of 40% year-over-year, which has elevated CTV's contribution to programmatic revenue from 29% to 37%. Additionally, the overall video revenue has risen considerably, now comprising 75% of programmatic revenue, reflecting an upward trend in the company's strategic focus on advanced media technologies. With a history of achieving significant EBITDA margins, including a peak of 47% in 2021, Nexxen shows substantial potential for margin expansion as its sales execution continues to improve.
Bears say
Nexxen International Ltd faces significant operational challenges due to a poorly integrated technology stack, which may hinder new product releases and necessitate additional recoding efforts. The prolonged integration with Amobee has negatively impacted execution in 2023, indicating potential inefficiencies that could affect future performance. Additionally, while certain revenue segments, such as self-service contributions, have seen growth, the substantial decline in display contributions, particularly in non-core, non-programmatic areas, raises concerns about the company's overall revenue stability and market position.
This aggregate rating is based on analysts' research of Nexxen International Ltd. and is not a guaranteed prediction by Public.com or investment advice.
NEXN Analyst Forecast & Price Prediction
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