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BTIG Cuts Nexxen International Ltd. (NEXN) Price Target But Asserts Buy Stance

Nexxen International Ltd. (NASDAQ:NEXN) is one of the tech stocks to sell right now, according to Cathie Wood. In Q3 2025, ARK Investment Management held 194,362 shares of Nexxen International Ltd. (NASDAQ:NEXN) valued at $1.8 million, but by the end of Q4, it had fully exited its position.

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On March 18, BTIG reiterated a Buy rating on Nexxen International Ltd. (NASDAQ:NEXN) but cut the price target to $9 from $10.

The Buy rating underscores the research firm’s confidence in the company’s long-term growth outlook, especially its ability to deliver solid fourth-quarter fiscal 2025 results. Revenue in the quarter totaled $101 million, beating consensus estimates by 1%. Adjusted earnings came in at $34 million, in line with expectations.

In addition, the company issued solid guidance, indicating it expects ex-TAC revenue to range between $375 million and $390 million. The guidance represents 8% year-over-year growth at the midpoint. Adjusted EBITDA is expected to be between $122 million and $132 million, representing 10% growth at the mid-point.

Nexxen has started the year on a roll, reporting the strongest January and February in its history due to a demand-side platform partner shifting its spending strategy.

Nexxen International Ltd. (NASDAQ:NEXN) is a global advertising technology (ad tech) company that provides a unified, data-driven platform for advertisers, agencies, and publishers. The company specializes in digital video and Connected TV (CTV), offering tools to help partners manage, target, and measure ad campaigns.

While we acknowledge the risk and potential of NEXN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NEXN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: READ NEXT: 11 Best Cheapest Stocks to Buy on Robinhood and 9 Best Psychedelic Stocks to Buy in 2026

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