BTIG keeps Buy rating on Nexxen International with $13 target
BTIG analysts reiterated a Buy rating on Nexxen International shares with a $13 price target, a level that points to 43% upside from the October 20 close.
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what happened
BTIG analysts reiterated their Buy rating on Nexxen International shares and set a price target of $13. According to TradingView, citing data from Benzinga, that target implies 43% upside from the October 20 close of $9.09.
The brokerage's note highlights several points. Nexxen added more enterprise accounts in the first part of fiscal 2026 than in all of fiscal 2025, which the analysts read as strong demand for its services. They also point to its focus on Connected TV and its partnership with VIDAA for ACR data from smart TVs as a route to revenue growth and possible EBITDA margin gains.
why it matters
For markets this is a single analyst update rather than an event for the wider sector. Rating changes like this tend to shape sentiment around the stock and the digital advertising segment, and investors will look for evidence of account growth in the company's next reports.
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- BTIG reiterates Buy rating on Nexxen International, $13 price target — TradingView, 21 October 2026 at 16:58 UTC
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