Should You Buy Nexxen International Ltd (NEXN) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Nexxen International Ltd (NEXN) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the stock has potential for recovery in the long term, near-term headwinds such as reduced guidance, declining financial performance, and lack of significant positive catalysts make it a hold rather than a buy. The investor may want to wait for clearer signs of recovery or stabilization before committing funds.
Technical Analysis
The MACD is positive and expanding, indicating a bullish momentum. However, the RSI is neutral at 68.144, and moving averages are converging, showing no clear trend. The stock is trading near its pivot level of 6.15, with resistance at 6.484 and support at 5.816. Overall, the technical indicators suggest a mixed outlook with no strong buy signal.