Nexxen International Ltd. (NEXN)
NASDAQ: NEXN · IEX Real-Time Price · USD
6.12
-0.05 (-0.81%)
At close: Jul 19, 2024, 4:00 PM
6.11
-0.01 (-0.16%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Nexxen International Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for NEXN stock have an average target of 7.70, with a low estimate of 6.00 and a high estimate of 11. The average target predicts an increase of 25.82% from the current stock price of 6.12.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 21, 2024.
Analyst Ratings
The average analyst rating for NEXN stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 1 | 1 | 2 | 2 | 2 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 4 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $8 | Buy | Reiterates | $8 | +30.72% | Jun 21, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $11 | Buy | Reiterates | $11 | +79.74% | Jun 14, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $8 | Buy | Reiterates | $8 | +30.72% | May 21, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $11 | Buy | Reiterates | $11 | +79.74% | May 21, 2024 |
| Needham | Needham | Strong Buy Reiterates $6.5 | Strong Buy | Reiterates | $6.5 | +6.21% | May 21, 2024 |
Financial Forecast
Revenue This Year
358.68M
from 331.99M
Increased by 8.04%
Revenue Next Year
388.28M
from 358.68M
Increased by 8.25%
EPS This Year
0.39
from -0.30
EPS Next Year
0.46
from 0.39
Increased by 20.00%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 379.8M | 410.8M |
| Avg | 358.7M | 388.3M |
| Low | 337.9M | 370.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 14.4% | 14.5% |
| Avg | 8.0% | 8.3% |
| Low | 1.8% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.47 | 0.58 |
| Avg | 0.39 | 0.46 |
| Low | 0.34 | 0.40 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 49.2% |
| Avg | - | 20.0% |
| Low | - | 3.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.