Nexxen International Ltd. raises 2026 revenue guidance, anticipating growth in programmatic and CTV revenue, citing strong business momentum.
Quiver AI Summary
Nexxen International Ltd. has raised its full-year 2026 financial guidance for Contribution ex-TAC and programmatic revenue, reflecting ongoing business momentum and confidence in its strategy. The updated Contribution ex-TAC is projected between $385 million and $400 million, while programmatic revenue is expected to range from $377 million to $391 million, both indicating significant year-over-year growth. Adjusted EBITDA remains unchanged at $122 million to $132 million, with continued investment in strategic initiatives aimed at long-term growth in areas like AI and mobile. CEO Ofer Druker highlighted the company's strong performance, particularly in CTV and mobile revenue, and invited stakeholders to discuss the drivers behind this growth during their Investor Day.
Potential Positives
- Nexxen has raised its full-year 2026 Contribution ex-TAC and programmatic revenue guidance, indicating strong business momentum and confidence in its execution and strategy.
- The updated financial guidance reflects approximately 11% year-over-year growth for Contribution ex-TAC and around 13% growth for programmatic revenue at the midpoint.
- Nexxen anticipates significant revenue growth, with expected CTV revenue growth of more than 20% year-over-year and mobile revenue growth of more than 15% year-over-year in Q2 2026.
- The company maintains an Adjusted EBITDA margin of 32% on a Contribution ex-TAC basis, showcasing operational efficiency while continuing to invest in strategic growth initiatives.
Potential Negatives
- The unchanged Adjusted EBITDA guidance may indicate potential challenges in cost management or profitability despite revenue growth.
- The reliance on forward-looking statements emphasizes uncertainty and risks associated with future performance, potentially raising concerns for investors.
- Despite revenue increases, the focus on strategic growth initiatives suggests that significant investments might be impacting short-term financial stability.
FAQ
What is Nexxen's updated 2026 financial guidance?
Nexxen has updated its Contribution ex-TAC guidance to $385 - $400 million and programmatic revenue to $377 - $391 million for 2026.
What are the growth percentages for Nexxen's revenue?
The Contribution ex-TAC reflects approximately 11% year-over-year growth, while programmatic revenue reflects about 13% growth at the midpoint.
When is Nexxen's Investor Day?
Nexxen's Investor Day is scheduled for June 16, 2026, at 9:00 AM ET.
How can I access the Investor Day webcast?
You can register for the Investor Day webcast through Nexxen's investor relations website or directly at the provided registration link.
What strategic initiatives is Nexxen focusing on?
Nexxen is investing in platform innovation and expanding its go-to-market strategy, particularly in AI, CTV, and mobile in-app sectors.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NEXN Insider Trading Activity
$NEXN insiders have traded $NEXN stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $NEXN stock by insiders over the last 6 months:
- SAGI NIRI (Chief Financial Officer) has made 0 purchases and 9 sales selling 74,216 shares for an estimated $637,664.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NEXN Hedge Fund Activity
We have seen 61 institutional investors add shares of $NEXN stock to their portfolio, and 87 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LOMBARD ODIER ASSET MANAGEMENT (USA) CORP added 430,620 shares (+736.6%) to their portfolio in Q1 2026, for an estimated $2,807,642
- JANE STREET GROUP, LLC added 291,295 shares (+591.4%) to their portfolio in Q1 2026, for an estimated $1,899,243
- JACOBS LEVY EQUITY MANAGEMENT, INC removed 266,141 shares (-48.4%) from their portfolio in Q1 2026, for an estimated $1,735,239
- CANTOR FITZGERALD, L. P. removed 261,286 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $1,708,810
- GRANAHAN INVESTMENT MANAGEMENT, LLC removed 241,710 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $1,580,783
- AQR CAPITAL MANAGEMENT LLC added 217,690 shares (+300.2%) to their portfolio in Q1 2026, for an estimated $1,419,338
- PRECISION WEALTH STRATEGIES, LLC removed 196,002 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,277,933
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$NEXN Analyst Ratings
Wall Street analysts have issued reports on $NEXN in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 03/04/2026
- Rosenblatt issued a "Buy" rating on 12/29/2025
To track analyst ratings and price targets for $NEXN, check out Quiver Quantitative's $NEXN forecast page.
$NEXN Price Targets
Multiple analysts have issued price targets for $NEXN recently. We have seen 6 analysts offer price targets for $NEXN in the last 6 months, with a median target of $10.5.
Here are some recent targets:
- Matthew Swanson from RBC Capital set a target price of $11.0 on 05/14/2026
- Laura Martin from Needham set a target price of $8.5 on 05/13/2026
- Tyler DiMatteo from BTIG set a target price of $9.0 on 03/19/2026
- Barton Crockett from Rosenblatt set a target price of $16.0 on 03/05/2026
- Nat Schindler from Scotiabank set a target price of $10.0 on 03/05/2026
- Maria Ripps from Canaccord Genuity set a target price of $11.0 on 03/05/2026
Full Release
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), the advertising technology platform powered by unique data and media, today announced that it has increased its full-year 2026 Contribution ex-TAC and programmatic revenue guidance.
Updated Financial Guidance
- Contribution ex-TAC in the range of $385 - $400 million (previously $382 - $397 million), representing approximately 11% year-over-year growth at the midpoint.
- Programmatic revenue in the range of $377 - $391 million (previously $374 - $388 million), representing approximately 13% year-over-year growth at the midpoint.
-
Adjusted EBITDA in the range of $122 - $132 million (unchanged), representing approximately 10% year-over-year growth and an Adjusted EBITDA margin of 32% on a Contribution ex-TAC basis at the midpoint. The Company's unchanged Adjusted EBITDA guidance reflects its continued investment in strategic growth initiatives, including platform innovation and go-to-market expansion, to capitalize on long-term growth opportunities across AI, CTV, mobile in-app and data.
"Our decision to once again raise our full-year Contribution ex-TAC and programmatic revenue guidance reflects the continued momentum we are seeing across the business and our growing confidence in our execution, strategy and competitive positioning," said Ofer Druker, Chief Executive Officer of Nexxen. "Our updated outlook is supported by continued strength across key growth areas, including expected second-quarter CTV revenue growth of more than 20% year-over-year and mobile revenue growth of more than 15% year-over-year. At the same time, we believe our continued strategic investments position us to extend our competitive advantages and drive sustainable long-term growth. We look forward to discussing the drivers behind our performance, our strategic priorities and our vision for Nexxen's next phase of growth during today's Investor Day."
Nexxen’s Investor Day is expected to begin today at 9:00 AM ET. Additional details to join the webcast are provided below.
Webcast Details
- When: Tuesday, June 16, 2026, 9:00 AM ET
- Registration: Please register for the webcast ahead of the event at https://edge.media-server.com/mmc/p/e33meoqj or under the Events and Presentations section of Nexxen’s investor relations website at investors.nexxen.com
-
Webcast:
A live stream of the Investor Day can be accessed through the Events and Presentations section of Nexxen’s investor relations website, and an archived webcast will become available in the same section following the event
About Nexxen
Nexxen is the advertising technology platform that delivers full-funnel performance powered by unique data and media. Comprised of a demand-side platform (“DSP”) and supply-side platform (“SSP”), with the Nexxen Data Platform at its core, we meet the demands of today’s converging media landscape with exclusive audience intelligence, automation and expertise.
Headquartered in Israel, Nexxen maintains offices throughout North America, Europe and Asia-Pacific and is traded on Nasdaq (NEXN). For more information, please visit nexxen.com.
For further information please contact:
Nexxen International Ltd.
Billy Eckert, Vice President of Investor Relations
[email protected]
Caroline Smith, Vice President of Communications
[email protected]
Forward Looking Statements
This press release contains forward-looking statements, including forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are identified by words such as “anticipates,” “believes,” “expects,” “intends,” “may,” “can,” “will,” “estimates,” and other similar expressions. However, these words are not the only way Nexxen identifies forward-looking statements. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding anticipated financial results for Q2 2026 and full year 2026 and beyond, including statements relating to the expected Q2 2026 growth of CTV revenue and mobile revenue, statements regarding the Company’s upcoming Investor Day, statements regarding the Company’s continued investment in strategic growth initiatives as well as any other statements related to Nexxen’s future financial results and operating performance. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties and other important factors that may cause Nexxen’s actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements. Nexxen cautions you not to place undue reliance on these forward-looking statements. For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in the Company’s most recent Annual Report on Form 20-F, filed with the U.S. Securities and Exchange Commission ( www.sec.gov ) on March 4, 2026. Any forward-looking statements made by Nexxen in this press release speak only as of the date of this press release, and Nexxen does not intend to update these forward-looking statements after the date of this press release, except as required by law.