Nexxen International Ltd. (NEXN)
NASDAQ: NEXN · IEX Real-Time Price · USD
5.69
+0.04 (0.71%)
Apr 19, 2024, 9:51 AM EDT - Market open
Nexxen International Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for NEXN stock have an average target of 6.75, with a low estimate of 5.50 and a high estimate of 8.00. The average target predicts an increase of 18.63% from the current stock price of 5.69.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 7, 2024.
Analyst Ratings
The average analyst rating for NEXN stock from 4 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 |
|---|---|---|---|
| Strong Buy | 1 | 2 | 2 |
| Buy | 0 | 1 | 1 |
| Hold | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 1 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Maintains $6.5 → $7 | Strong Buy | Maintains | $6.5 → $7 | +23.02% | Mar 7, 2024 |
| Stifel | Stifel | Hold Maintains $4 → $5.5 | Hold | Maintains | $4 → $5.5 | -3.34% | Mar 7, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $8 | Buy | Reiterates | $8 | +40.60% | Mar 7, 2024 |
| Needham | Needham | Strong Buy Reiterates $6.5 | Strong Buy | Reiterates | $6.5 | +14.24% | Mar 6, 2024 |
| Needham | Needham | Strong Buy Maintains $5 → $6.5 | Strong Buy | Maintains | $5 → $6.5 | +14.24% | Jan 23, 2024 |
Financial Forecast
Revenue This Year
351.36M
from 331.99M
Increased by 5.83%
Revenue Next Year
378.37M
from 351.36M
Increased by 7.69%
EPS This Year
0.41
from -0.30
EPS Next Year
0.51
from 0.41
Increased by 24.26%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 377.7M | 408.5M |
| Avg | 351.4M | 378.4M |
| Low | 329.3M | 346.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 13.8% | 16.2% |
| Avg | 5.8% | 7.7% |
| Low | -0.8% | -1.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.67 | 0.83 |
| Avg | 0.41 | 0.51 |
| Low | 0.24 | 0.37 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 103.3% |
| Avg | - | 24.3% |
| Low | - | -8.7% |
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.