Nexxen International Ltd. (NEXN)
NASDAQ: NEXN · Real-Time Price · USD
9.98
+0.28 (2.89%)
Nov 21, 2024, 3:03 PM EST - Market open
Nexxen International Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for NEXN stock have an average target of 9.30, with a low estimate of 6.00 and a high estimate of 11. The average target predicts a decrease of -6.81% from the current stock price of 9.98.
Analyst Consensus: Strong Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $8.5 → $9.5 | Strong Buy | Maintains | $8.5 → $9.5 | -4.81% | Nov 15, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $9 → $11 | Buy | Maintains | $9 → $11 | +10.22% | Aug 23, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $7 → $9 | Strong Buy | Maintains | $7 → $9 | -9.82% | Aug 23, 2024 |
| Needham | Needham | Strong Buy Maintains $6.5 → $8.5 | Strong Buy | Maintains | $6.5 → $8.5 | -14.83% | Aug 23, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $8 | Buy | Reiterates | $8 | -19.84% | Jun 21, 2024 |
Financial Forecast
Revenue This Year
356.98M
from 331.99M
Increased by 7.53%
Revenue Next Year
385.32M
from 356.98M
Increased by 7.94%
EPS This Year
0.36
from -0.15
EPS Next Year
0.43
from 0.36
Increased by 18.06%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 380.2M | 404.2M |
| Avg | 357.0M | 385.3M |
| Low | 337.9M | 370.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 14.5% | 13.2% |
| Avg | 7.5% | 7.9% |
| Low | 1.8% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.40 | 0.46 |
| Avg | 0.36 | 0.43 |
| Low | 0.33 | 0.40 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 27.1% |
| Avg | - | 18.1% |
| Low | - | 10.5% |
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.