Nexxen International Ltd. (NEXN) Q1 2026 Earnings Call Transcript
Nexxen International NASDAQ: NEXN reported record first-quarter results for the three months ended March 31, 2026, and raised its full-year revenue outlook, citing stronger programmatic advertising demand, renewed growth in connected TV and early traction from its enterprise sales strategy.
Nexxen International is deeply undervalued, trading at a 4x EV/FCF multiple despite robust cash flow, margin strength, and aggressive buybacks. NEXN's growth is driven by exclusive, equity-linked partnerships—especially with the V operating system—and expansion into high-margin data products and mobile in-app channels. Risks include heavy reliance on key partners and customer concentration, but equity stakes and recent strategic agreements mitigate these concerns.
Nexxen is analysed as a cheap, cash-generative AdTech platform with an improving programmatic mix and aggressive share repurchases. I explain why the stock remains a Hold despite its low EV/EBITDA multiple: FY25 revenue was flat, CTV declined, and profitability weakened in Q4. The key question is whether Nexxen's programmatic core can grow fast enough in FY26 to offset shrinking non-programmatic revenue and drive visible total revenue growth.
Here is how Nexxen International Ltd. Sponsored ADR (NEXN) and Sims Metal Management Ltd.
The average of price targets set by Wall Street analysts indicates a potential upside of 51% in Nexxen International Ltd. Sponsored ADR (NEXN).
Here is how Nexxen International Ltd. Sponsored ADR (NEXN) and Sims Metal Management Ltd.
Nexxen International Ltd. (NEXN) Q4 2025 Earnings Call Transcript
Nexxen International Ltd. ( NEXN ) Q3 2025 Earnings Call November 13, 2025 9:00 AM EST Company Participants William Eckert - Vice President of Investor Relations Ofer Druker - CEO & Executive Director Sagi Niri - Chief Financial Officer Conference Call Participants Matthew Swanson - RBC Capital Markets, Research Division Jason Kreyer - Craig-Hallum Capital Group LLC, Research Division Laura Martin - Needham & Company, LLC, Research Division Andrew Marok - Raymond James & Associates, Inc., Research Division Matthew Condon - Citizens JMP Securities, LLC, Research Division Barton Crockett - Rosenblatt Securities Inc., Research Division Tyler DiMatteo - BTIG, LLC, Research Division Matthew Weber - Canaccord Genuity Corp., Research Division Presentation Operator Welcome to Nexxen's Third Quarter Earnings Call [Operator Instructions] This call is being recorded, and a replay of today's call will be made available on Nexxen's Investor Relations website.
Nexxen International Ltd. Sponsored ADR (NEXN) was a big mover last session on higher-than-average trading volume.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The average of price targets set by Wall Street analysts indicates a potential upside of 53.3% in Nexxen International Ltd. Sponsored ADR (NEXN).