Raymond James Rates Nexxen International (NEXN) buy

Raymond James Reaffirms Stance on Nexxen International

Raymond James has kept its positive view on Nexxen International Ltd. (NasdaqGM: NEXN), with analyst Andrew Marok reiterating a buy rating on the advertising technology company on June 17, 2026, alongside an $11 price target. The firm's updated note keeps its target steady as the ad platform navigates shifting digital advertising trends across connected TV and video channels.

Nexxen Stock Trades Near Key Averages

Nexxen shares traded around $8.64, holding above their 200-day moving average of $7.88, while remaining below the 50-day moving average of $9.98. The advertising agency stock has carved out a 52-week trading range between $5.60 and $11.30. The company carries a market capitalization of roughly $505.2 million and a forward P/E ratio of 7.15 based on projected earnings.

Insider Buying and Selling at Nexxen International Ltd.

Chief Financial Officer Sagi Niri executed a series of planned sales during late June 2026 under a pre-arranged Rule 10b5-1 trading plan. On June 29, 2026, Niri sold 68,886 shares at an average price of $9.08, totaling about $625,670. Shortly after, on June 30, 2026, the CFO sold an additional 6,183 shares at $9.13 each, for a total value of approximately $56,451.

Recent Analyst Moves Across Wall Street

Other research firms updated their views on Nexxen following its financial reports. On August 13, 2026, Canaccord Genuity maintained a buy rating while lifting its target to $13 from $11. Scotiabank maintained its sector outperform rating with a $13 target, and RBC Capital kept an outperform rating with a $13 target. Rosenblatt kept a buy rating with a steady $16 target on August 13, 2026. Earlier, on August 12, 2026, BTIG maintained a buy rating and raised its target to $13 from $10, while Needham maintained a buy rating with a $13 target. Craig-Hallum upgraded the stock to a buy with a $12 target on July 9, 2026. Across 10 analyst opinions, the stock holds a consensus target mean price of $14.64.

Inside Nexxen International's Platform

Headquartered in Tel Aviv-Yafo, Israel, Nexxen International operates an end-to-end, video-first advertising platform serving brands, agencies, and publishers worldwide. The company provides demand-side and supply-side solutions alongside data platforms that assist with audience targeting, connected TV campaigns, and real-time bidding across multiple digital screens.

What to Watch Next for Nexxen

Investors will look ahead to the company's next earnings report, scheduled for November 11, 2026, to gauge revenue growth and profit margins. Analysts currently track a consensus mean target price of $14.64, well above current trading levels.