NEXN Stock Summary and Trading Ideas (Nexxen International Ltd. - | NASDAQ:NEXN)

Nexxen International Ltd empowers advertisers, agencies, publishers, and broadcasters to utilize video and connected TV. It is a demand-side platform (DSP), supply-side platform (SSP), ad server, and data management platform (DMP) and also delivers a flexible and unified technology stack with advanced and exclusive data at its core.

Nexxen International Ltd. - trades on the NASDAQ stock market under the symbol NEXN.

As of March 3, 2025, NEXN stock price declined to $7.95 with 126,422 million shares trading.

NEXN has a beta of 0.90, meaning it tends to be less sensitive to market movements. NEXN has a correlation of 0.06 to the broad based SPY ETF.

NEXN has a market cap of $507.37 million. This is considered a Small Cap stock.

Last quarter Nexxen International Ltd. - reported $90 million in Revenue and $.28 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.15.

The top ETF exchange traded funds that NEXN belongs to (by Net Assets): ITEQ, AVDE, AVDV, GWX, DFIS.

NEXN has outperformed the market in the last year with a return of +50.9%, while the SPY ETF gained +18.5%. However, in the most recent history, NEXN shares have underperformed the stock market with its stock returning -19.2% in the last 3 month period and -22.8% for the last 2 week period, while SPY has returned -0.6% and -2.7%, respectively.

NEXN support price is $7.88 and resistance is $8.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NEXN shares will trade within this expected range on the day.