Forecasting The Future: 4 Analyst Projections For Nexxen International
Portfolio Pulse from Benzinga Insights
Nexxen International (NASDAQ:NEXN) has received mixed analyst ratings, with recent upgrades in price targets. The average 12-month price target increased by 12.32% to $9.12. Despite positive analyst sentiment, the company faces financial challenges, including a 22.4% revenue decline and below-average profitability metrics.
August 23, 2024 | 2:00 pm
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Nexxen International has received mixed analyst ratings, with recent upgrades in price targets. The average 12-month price target increased by 12.32% to $9.12. Despite positive analyst sentiment, the company faces financial challenges, including a 22.4% revenue decline and below-average profitability metrics.
The mixed analyst ratings and increased price targets suggest a neutral short-term impact on NEXN's stock price. While analysts are optimistic, the company's financial challenges, such as revenue decline and low profitability, may offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100