Nexxen won Best Cookieless Identification Technology at the 2025 Digiday Technology Awards for its Nexxen Discovery tool.
Quiver AI Summary
Nexxen, a prominent advertising technology platform, has been awarded the Best Cookieless Identification Technology at the 2025 Digiday Technology Awards for its Nexxen Discovery tool. This recognition underscores the platform's ability to provide data-driven solutions that tackle modern advertising challenges by utilizing contextual intelligence and first-party data through its AI suite, nexAI. Nexxen Discovery offers real-time analysis of consumer engagement across various channels, promoting privacy-safe advertising while moving beyond reliance on third-party cookies. The company's Chief Product Officer, Karim Rayes, emphasized the significance of reinventing identity in advertising through comprehensive, AI-driven insights. Additionally, Nexxen was recognized as a finalist in other categories, reinforcing its commitment to enhancing data management and programmatic performance across the advertising landscape.
Potential Positives
- Nexxen won the prestigious Best Cookieless Identification Technology award at the 2025 Digiday Technology Awards, highlighting its innovative approach in the advertising technology sector.
- The success of Nexxen Discovery, their proprietary audience insight tool, underscores Nexxen's capability to provide effective data-driven solutions for advertisers and media owners in a changing landscape.
- Recognition as a finalist for additional categories, including Best Data Management Platform and Best Buy-Side Programmatic Platform, further emphasizes Nexxen’s strengths and versatility in the market.
Potential Negatives
- Forward-looking statements include significant risks and uncertainties, specifically mentioning global conflicts, economic conditions, and market sentiment that could materially affect the company's performance.
- The press release acknowledges potential negative impacts on business from geopolitical issues, including the conflict involving Hamas and Israel, highlighting vulnerability to external factors.
- While awards and recognition are positive, they may also draw attention to the pressure to continue innovating and performing, creating potential scrutiny or expectations from stakeholders.
FAQ
What award did Nexxen win at the 2025 Digiday Technology Awards?
Nexxen won Best Cookieless Identification Technology for its audience insight tool, Nexxen Discovery.
What is Nexxen Discovery?
Nexxen Discovery is a proprietary audience insight tool that analyzes consumer engagement for privacy-safe advertising activations.
How does Nexxen help advertisers?
Nexxen provides data-driven solutions that streamline operations, enhance decision-making, and unlock value in complex advertising environments.
What technology does Nexxen utilize for advertising?
Nexxen employs contextual intelligence, first-party data, and nexAI to inform advertising strategies and improve audience targeting.
Where is Nexxen headquartered?
Nexxen is headquartered in Israel, with offices across the United States, Canada, Europe, and Asia-Pacific.
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 Hedge Fund Activity
We have seen 3 institutional investors add shares of $NEXN stock to their portfolio, and 57 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LOMBARD ODIER ASSET MANAGEMENT (EUROPE) LTD added 3,180,001 shares (+inf%) to their portfolio in Q2 2025, for an estimated $33,103,810
- RICE HALL JAMES & ASSOCIATES, LLC removed 567,544 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $4,738,992
- ROCK POINT ADVISORS, LLC removed 485,095 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $4,050,543
- RENAISSANCE TECHNOLOGIES LLC removed 433,700 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $3,621,395
- MARSHALL WACE, LLP removed 382,924 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $3,197,415
- MITHAQ CAPITAL SPC removed 217,680 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $1,817,628
- MORGAN STANLEY removed 177,994 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $1,486,249
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$NEXN Analyst Ratings
Wall Street analysts have issued reports on $NEXN in the last several months. We have seen 7 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Rosenblatt issued a "Buy" rating on 08/14/2025
- JMP Securities issued a "Market Outperform" rating on 05/23/2025
- Needham issued a "Buy" rating on 05/23/2025
- RBC Capital issued a "Outperform" rating on 05/12/2025
- Canaccord Genuity issued a "Buy" rating on 05/12/2025
- Raymond James issued a "Outperform" rating on 05/05/2025
- Scotiabank issued a "Sector Outperform" rating on 03/31/2025
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 $14.5.
Here are some recent targets:
- Barton Crockett from Rosenblatt set a target price of $16.0 on 08/14/2025
- Matthew Condon from JMP Securities set a target price of $15.0 on 05/23/2025
- Laura Martin from Needham set a target price of $14.0 on 05/23/2025
- Matthew Swanson from RBC Capital set a target price of $14.0 on 05/12/2025
- Maria Ripps from Canaccord Genuity set a target price of $14.0 on 05/12/2025
- Andrew Marok from Raymond James set a target price of $15.0 on 05/05/2025
Full Release
NEW YORK, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Nexxen (NASDAQ: NEXN), a global, flexible advertising technology platform with deep expertise in data and advanced TV, won Best Cookieless Identification Technology at the 2025 Digiday Technology Awards. Specifically, Nexxen Discovery, its proprietary audience insight and research tool, took home the win.
Nexxen has responded to the challenges facing today’s advertisers and media owners with data-driven solutions, such as Nexxen Discovery, that streamline operations, enhance decision-making and unlock value across complex environments.
Leveraging contextual intelligence, first-party data and nexAI – Nexxen’s suite of AI-powered assistants and features – Discovery analyzes vast signals of consumer engagement and behavior from digital, social and TV-on-demand channels in real time to inform precise, privacy-safe advertising activations. Paired with the company’s agnostic approach to identity, Discovery enables Nexxen’s clients and partners to move beyond third-party cookies, delivering richer insights and audience activation.
“Signal loss is reshaping the advertising landscape, and many strategies focus on replacing existing identifiers. Nexxen takes a broader view: supporting all major IDs while redefining identity through AI-powered, data-driven signals that work seamlessly across channels,” said Karim Rayes, Chief Product Officer, Nexxen. “This recognition from Digiday’s panel of industry experts and thought leaders affirms Nexxen Discovery’s ability to deliver scale, precision and transparency that create lasting value for our partners.”
Additional finalist honors for Best Data Management Platform and Best Buy-Side Programmatic Platform further highlight Nexxen’s strength across data and buy-side performance.
About Nexxen
Nexxen empowers advertisers, agencies, publishers and broadcasters around the world to utilize data and advanced TV in ways that are most meaningful to them. Our flexible and unified technology stack comprises a demand-side platform (“DSP”) and supply-side platform (“SSP”), with the Nexxen Data platform at its core. With streaming in our DNA, Nexxen’s robust capabilities span discovery, planning, activation, monetization, measurement and optimization – available individually or in combination – all designed to enable our partners to achieve their goals, no matter how far-reaching or hyper niche they may be.
Nexxen is headquartered in Israel and maintains offices throughout the United States, Canada, Europe and Asia-Pacific, and is traded on the NASDAQ (NEXN). For more information, visit nexxen.com.
For further information, please contact:
Genevieve Wheeler, Communications Director
[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 and 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 any awards received or other accolades relating to Nexxen’s business and any benefits or insights associated with such events as well as any benefits associated with any of Nexxen’s offerings and products and platforms including the Nexxen AI capabilities, Discovery Tool, cross-screen measurement tools, Data Platform and CTV offering. 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, including, but not limited to, the following: negative global economic conditions; ,including risks related to tariff impacts or policy shifts that could materially affect market sentiment, consumer behavior and advertising demand; global conflicts and war, including the current terrorist attacks by Hamas, and the war and hostilities between Israel and Hamas and Israel and Hezbollah, and how those conditions may adversely impact Nexxen’s business, customers, and the markets in which Nexxen competes. 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 5, 2025. 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.