While Nexxen International Ltd has overperformed by 1.64%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, NEXN rose by 53.93%, with highs and lows ranging from $11.00 to $4.76, whereas the simple moving average fell by -7.99% in the last 200 days.
On March 07, 2025, Needham started tracking Nexxen International Ltd (NASDAQ: NEXN) recommending Buy. A report published by Stifel on April 24, 2023, Downgraded its rating to ‘Hold’ for NEXN. Lake Street also rated NEXN shares as ‘Buy’, setting a target price of $12 on the company’s shares in an initiating report dated January 30, 2023. Stifel initiated its ‘Buy’ rating for NEXN, as published in its report on February 01, 2022. Stifel’s report from July 13, 2021 suggests a price prediction of $26 for NEXN shares, giving the stock a ‘Buy’ rating. Raymond James also rated the stock as ‘Outperform’.
Analysis of Nexxen International Ltd (NEXN)
Further, the quarter-over-quarter increase in sales is 17.06%, showing a positive trend in the upcoming months.
One of the most important indicators of Nexxen International Ltd’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 6.60% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.44, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and NEXN is recording 263.46K average volume. On a monthly basis, the volatility of the stock is set at 7.75%, whereas on a weekly basis, it is put at 7.20%, with a loss of -9.37% over the past seven days. Furthermore, long-term investors anticipate a median target price of $15.35, showing growth from the present price of $7.45, which can serve as yet another indication of whether NEXN is worth investing in or should be passed over.
How Do You Analyze Nexxen International Ltd Shares?
The Advertising Agencies market is dominated by Nexxen International Ltd (NEXN) based in the Israel. When comparing Nexxen International Ltd shares with other companies under Communication Services, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 14.65, there is a growth in quarterly earnings of 727.15%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 40.53%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 18.04% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
NEXN shares are owned by institutional investors to the tune of 18.04% at present.
