NEXXEN INTERNATIONAL LTD COMMON STOCK

At the Citi Global TMT Conference, Nexxen put its integrated ad‑tech model center stage and raised its 2026 revenue forecast three times, but left the adjusted EBITDA forecast unchanged due to high reinvestments. CTV and mobile in‑app each account for about 40% of net revenue; Nexxen plans to monetize CTV home‑screen inventory from Q4 2026 and expects margins to expand to 34–35% in 2027. The company announced heavy investments in infrastructure, data partnerships and AI agents (six live, ten planned by October), as well as continued share buybacks and potential M&A targets such as SDK networks and AI capabilities. » Plus sur de.investing.com

Nexxen presented an end-to-end platform centered on its own AI layer nexAI at the Rosenblatt Tech Summit, with a focus on Connected Television (CTV) and mobile in-app advertising. CTV revenue rose 33% in Q2 and now represents 40% of programmatic revenue; mobile grew 23%. The company holds USD 132 million in cash and is debt-free. Management expects heavy investments in 2026, a marked improvement in margins from 2027, and is targeting a long-term EBITDA margin of around 40%. Rosenblatt reiterated a buy rating with a USD 16 price target. » Plus sur de.investing.com

Nexxen presented strong operational progress at the Canaccord Genuity Growth Conference: contribution ex-TAC rose in Q2 2024 by 11% (quarter record), programmatic revenues by 12% and Connected TV by 33% (best quarter). The number of enterprise customers grew from under 400 to over 750, and management raised its 2024 net revenue growth guidance three times to now 12%. Nexxen highlights a solid balance sheet with $132 million in cash, no long-term debt and a new $40 million share buyback program; additionally, AI tools like nexAI, homescreen partnerships (including Hisense VIDAA) and potential bolt-on acquisitions are driving further growth. » Plus sur de.investing.com