NEXN Stock Analysis: Nexxen International | NASDAQ
Advertising Agencies | NASDAQ, USA | Market Cap: 583m USD | 12M Return: -0.8% | IL0012165630 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.42M
EPS Trend: 72.2%
Qual. Beats: 1
Rev. Trend: 90.0%
Qual. Beats: 6
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Nexxen International Ltd. (NASDAQ: NEXN) is a global advertising technology company that operates an end-to-end, video-first platform serving brands, agencies, media groups, and content creators. Its business is structured around three core programmatic advertising solutions: a Demand Side Platform (DSP) for advertisers to plan and manage omnichannel campaigns, a Data Platform providing audience insights and cross-channel measurement, and a Supply Side Platform (SSP) enabling publishers to sell digital ad inventory via real-time bidding across mobile, Connected TV (CTV), streaming devices, and desktop. The company also offers complementary products including Nexxen Discovery (audience segmentation and activation), Nexxen Studio (in-house digital creative services), and analytics and AI capabilities. Nexxen has a strategic partnership with L2 Data to power VoterMatch, a platform aimed at political advertisers. The company was founded in 2007, is headquartered in Tel Aviv-Yafo, Israel, and was renamed from Tremor International Ltd. in January 2024. It trades on NASDAQ and is classified within the Communication Services sector, specifically the advertising sub-industry. Nexxen operates in the programmatic ad tech space, which automates the buying and selling of digital ad inventory through real-time auctions, and its emphasis on CTV reflects the broader industry shift of advertising budgets from traditional television to streaming and on-demand video.
- CTV ad spend growth accelerates programmatic revenue expansion
- Competition from Google and Amazon pressures adtech margins and take rates
- Political advertising cycle drives VoterMatch platform demand
- Israel geopolitical tensions create operational and currency risk
| Net Income: 13.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA -4.28 > 1.0 |
| NWC/Revenue: 19.54% < 20% (prev 23.02%; Δ -3.48% < -1%) |
| CFO/TA 0.15 > 3% & CFO 120.2m > Net Income 13.1m |
| Net Debt (-65.6m) to EBITDA (90.0m): -0.73 < 3 |
| Current Ratio: 1.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (60.7m) vs 12m ago -2.15% < -2% |
| Gross Margin: 77.88% > 18% (prev 85.43%; Δ -7.55% > 0.5%) |
| Asset Turnover: 50.11% > 50% (prev 50.18%; Δ -0.07% > 0%) |
| Interest Coverage Ratio: 0.08 > 6 (EBIT TTM 23.6m / Interest Expense TTM 310.0m) |
| A: 0.10 (Total Current Assets 363.9m - Total Current Liabilities 289.1m) / Total Assets 787.3m |
| B: 0.25 (Retained Earnings 193.8m / Total Assets 787.3m) |
| C: 0.03 (EBIT TTM 23.6m / Avg Total Assets 764.1m) |
| D: 1.53 (Book Value of Equity 475.9m / Total Liabilities 311.4m) |
| Altman-Z'' = 3.24 = A |
| DSRI: 1.17 (Receivables 231.9m/191.6m, Revenue 382.9m/371.7m) |
| GMI: 1.10 (GM 85.43% / 77.88%) |
| AQI: 0.92 (AQ_t 0.46 / AQ_t-1 0.50) |
| SGI: 1.03 (Revenue 382.9m / 371.7m) |
| TATA: -0.14 (NI 13.1m - CFO 120.2m) / TA 787.3m) |
| Beneish M = -2.83 (Cap -4..+1) = A |
As of September 04, 2026, the stock is trading at USD 9.61 with a total of 362,633 shares traded. Over the past week, the price has changed by -5.04%, over one month by -6.61%, over three months by +16.77% and over the past year by -0.83%.
Current recommended Stop Loss: 8.90 (which is 7.4% or 1.5 ATR below the current price).
Nexxen International has received a consensus analysts rating of 4.38. Therefore, it is recommended to buy NEXN.
- StrongBuy: 3
- Buy: 5
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 14.6 | 52.3% |
P/E Trailing = 46.5
P/E Forward = 9.9305
P/S = 1.5217
P/B = 1.211
P/EG = 0.6451
Revenue TTM = 382.9m USD
EBIT TTM = 23.6m USD
EBITDA TTM = 90.0m USD
Long Term Debt = 21.9m USD (estimated: total debt 36.7m - short term 14.9m)
Short Term Debt = 14.9m USD (from shortTermDebt, last quarter)
Debt = 66.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 29.8m
Net Debt = -65.6m USD (calculated: Debt 66.5m - CCE 132.0m)
Enterprise Value = 517.1m USD (582.6m + Debt 66.5m - CCE 132.0m)
Interest Coverage Ratio = 0.08 (Ebit TTM 23.6m / Interest Expense TTM 310.0m)
EV/FCF = 5.82x (Enterprise Value 517.1m / FCF TTM 88.8m)
FCF Yield = 17.18% (FCF TTM 88.8m / Enterprise Value 517.1m)
FCF Margin = 23.20% (FCF TTM 88.8m / Revenue TTM 382.9m)
Net Margin = 3.41% (Net Income TTM 13.1m / Revenue TTM 382.9m)
Gross Margin = 77.88% ((Revenue TTM 382.9m - Cost of Revenue TTM 84.7m) / Revenue TTM)
Gross Margin QoQ = 63.64% (prev 81.08%)
Tobins Q-Ratio = 0.66 (Enterprise Value 517.1m / Total Assets 787.3m)
Interest Expense / Debt = 466.3% (Interest Expense 310.0m / Debt 66.5m)
Taxrate = 41.37% (9.22m / 22.3m)
NOPAT = 13.8m (EBIT 23.6m * (1 - 41.37%))
Current Ratio = 1.26 (Total Current Assets 363.9m / Total Current Liabilities 289.1m)
Debt / Equity = 0.14 (Debt 66.5m / totalStockholderEquity, last quarter 475.9m)
Debt / EBITDA = -0.73 (Net Debt -65.6m / EBITDA 90.0m)
Debt / FCF = -0.74 (Net Debt -65.6m / FCF TTM 88.8m)
Total Stockholder Equity = 472.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.71% (Net Income 13.1m / Total Assets 787.3m)
RoE = 2.77% (Net Income TTM 13.1m / Total Stockholder Equity 472.1m)
RoCE = 4.77% (EBIT 23.6m / Capital Employed (Equity 472.1m + L.T.Debt 21.9m))
RoIC = 2.80% (NOPAT 13.8m / Invested Capital 493.9m)
WACC = 7.77% (E(582.6m)/V(649.1m) * Re(8.66%) + (debt cost/tax rate unavailable))
Discount Rate = 8.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -87.33 | Cagr: -6.15%
[DCF] Terminal Value 73.10% ; FCFF base≈99.4m ; Y1≈87.2m ; Y5≈70.4m
[DCF] Fair Price = 21.00 (EV 1.13b - Net Debt -65.6m = Equity 1.20b / Shares 57.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 72.22 | EPS CAGR: 31.60% | SUE: 0.96 | # QB: 1
Revenue Correlation: 90.03 | Revenue CAGR: 5.11% | SUE: 1.77 | # QB: 6
EPS current Quarter (2026-09-30): EPS=0.30 | Chg30d=-13.57% | Revisions=+50% | Analysts=8
EPS current Year (2026-12-31): EPS=1.07 | Chg30d=-0.36% | Revisions=+22% | GrowthEPS=+9.3% | GrowthRev=+12.7%
EPS next Year (2027-12-31): EPS=1.24 | Chg30d=-0.31% | Revisions=+50% | GrowthEPS=+15.9% | GrowthRev=+8.9%
[Analyst] Revisions Ratio: +53% (up=13, down=3)