NEXN
Nexxen International Ltd.
NEXN has lower modeled downside risk, despite its lower overall score.
RDDT
Reddit, Inc.
RDDT has the edge over NEXN overall, supported by stronger fundamentals and stronger modeled upside.
NEXN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Strong |
NEXN's revenue, cash flow and balance sheet are currently healthy, and its profitability is stable.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
NEXN PE Valuation
NEXN has no meaningful PE right now: it lost money over the past year.
RDDT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $99.55 | — |
| Current | 20x | $99.55 | — |
| Cheap | 35x | $171 | +72% |
| Fair | 46x | $228 | +129% |
| Expensive | 53x | $262 | +163% |
Historical ranges are pointers, not guarantees.
RDDT's PE is 20x, but its earnings don't support one, so it isn't a reliable read right now.
NEXN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| -- | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for NEXN, with profitability holding steady.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for RDDT, with profitability improving. However, they disagree widely on these estimates.
NEXN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.22 | -70% |
| Q1 2026 | $0.30 | -53% |
| Q4 2025 | $0.42 | -18% |
| Q3 2025 | $0.61 | +221% |
| Q2 2025 | $0.74 | +$0.77 |
| Q1 2025 | $0.64 | +$0.79 |
| Q4 2024 | $0.51 | +$0.81 |
| Q3 2024 | $0.19 | +$0.46 |
RDDT has the stronger earnings trend. Trailing diluted EPS is down 70% for NEXN versus RDDT down 39%.
RDDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.32 | +29% |
| Q3 2024 | -$7.98 | -$7.17 |
| Q2 2024 | -$8.19 | -$7.15 |
| Q1 2024 | -$8.38 | -$7.25 |
| Q4 2023 | -$0.56 | +$0.41 |
| Q3 2023 | -$0.81 | -$0.02 |
| Q2 2023 | -$1.04 | -$0.48 |
| Q1 2023 | -$1.13 | -$0.48 |
| Q4 2022 | -$0.97 | -$0.19 |
RDDT has returned to profit: it earned $4.90 per share over the past year, after losing money the year before.
NEXN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $100.5M | +11% |
| Q1 2026 | $86.8M | +11% |
| Q4 2025 | $100.7M | -10% |
| Q3 2025 | $94.8M | +5.1% |
| Q2 2025 | $90.9M | +2.7% |
| Q1 2025 | $78.3M | +5.2% |
| Q4 2024 | $112.3M | +17% |
| Q3 2024 | $90.2M | +13% |
NEXN's revenue has held roughly level: $101M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 4.1% | -5.4 points |
| Q1 2026 | -5.6% | -10 points |
| Q4 2025 | 13% | -9.1 points |
| Q3 2025 | 7.7% | -10 points |
| Q2 2025 | 9.6% | +2.4 points |
| Q1 2025 | 4.4% | +13 points |
| Q4 2024 | 22% | +12 points |
| Q3 2024 | 18% | +22 points |
NEXN's operating margin was 4.1% last quarter, down 5.4 points from the same quarter a year ago.
RDDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $895M | +53% |
| Q2 2026 | $804.9M | +61% |
| Q1 2026 | $663.4M | +69% |
| Q4 2025 | $725.6M | +70% |
| Q3 2025 | $584.9M | +68% |
| Q2 2025 | $499.6M | +78% |
| Q1 2025 | $392.4M | +61% |
| Q4 2024 | $427.7M | +71% |
RDDT has the edge over NEXN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +5.5 points |
| Q2 2026 | 29% | +15 points |
| Q1 2026 | 28% | +27 points |
| Q4 2025 | 32% | +20 points |
| Q3 2025 | 24% | +22 points |
| Q2 2025 | 14% | +25 points |
| Q1 2025 | 1% | +244 points |
| Q4 2024 | 12% | +11 points |
RDDT has the edge over NEXN on profitability, with a higher operating margin.
NEXN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $46M | +215% |
| Q1 2026 | -$29.3M | -273% |
| Q4 2025 | $38M | -22% |
| Q3 2025 | $34.2M | -2.2% |
| Q2 2025 | $14.6M | -12% |
| Q1 2025 | $17M | -46% |
| Q4 2024 | $48.7M | +27% |
| Q3 2024 | $35M | +313% |
NEXN still generates free cash flow, though less than at its 2021 peak: $89M over the past year.
RDDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $362.6M | +98% |
| Q2 2026 | $260.7M | +135% |
| Q1 2026 | $311.2M | +146% |
| Q4 2025 | $263.6M | +196% |
| Q3 2025 | $183.1M | +161% |
| Q2 2025 | $110.8M | +308% |
| Q1 2025 | $126.6M | +333% |
| Q4 2024 | $89.2M | +$111.2M |
RDDT has the edge over NEXN on cash flow, with more consistent year-over-year improvement.
NEXN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.7% | +1.6M shares |
| 1 year | -2.1% | -1.3M shares |
| 3 years | -15% | -10.6M shares |
| 5 years | -16% | -11.2M shares |
| Available history | -8.9% | -5.9M shares |
NEXN has the edge over RDDT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $187,345 |
| Q1 2026 | $7.3M |
| Q4 2025 | $12.9M |
| Q3 2025 | $22.1M |
| Q2 2025 | $41.8M |
| Q1 2025 | $32M |
| Q4 2024 | $19.7M |
| Q3 2024 | $18.2M |
NEXN spent $42M buying back its own shares over the past year, down 62% from the year before.
RDDT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -169K shares |
| 1 year | -0.4% | -868K shares |
| 3 years | +24% | +38.5M shares |
| 5 years | +24% | +38.5M shares |
RDDT has 202M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.4M |
| Q2 2026 | $234.6M |
| Q1 2026 | $5M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $4.2M |
| Q4 2022 | — |
NEXN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.1x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -0.8x | Net Cash |
| Q2 2025 | -0.9x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | -1.4x | Net Cash |
| Q3 2024 | -1.3x | Net Cash |
NEXN has more cash than debt.
RDDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -5.0x | Net Cash |
| Q1 2025 | -13.1x | Net Cash |
RDDT has the edge over NEXN on leverage, with a lower net debt burden relative to earnings.
NEXN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.6 | Neutral |
| Stochastic | 33.7 | Neutral |
NEXN's weekly RSI is 65 (neutral) and its Stochastic is 34 (neutral).
RDDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 6.5 | Oversold |
RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (oversold).
NEXN PE vs Communication Services Sector
NEXN has no meaningful PE right now: it lost money over the past year.
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 pts below |
RDDT is trading at 20x earnings, a 23% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
NEXN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.00 | 13% above |
| 20 week MA | $9.54 | 7% above |
| 50 week MA | $8.06 | 27% above |
NEXN has stronger trend alignment. NEXN is above 3 of 3 weekly averages versus RDDT above 0 of 4.
RDDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $130.6 | 24% below |
| 20 week MA | $151.7 | 34% below |
| 50 week MA | $165.0 | 40% below |
| 100 week MA | $167.1 | 40% below |
RDDT is in a downtrend: it's below all four of its weekly moving averages, and 40% below its 100-week average.
NEXN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $8.94 | $6.70 | -25% |
| 2026 YTD | $6.70 | $10.2 | +52% |
NEXN has the edge over RDDT on returns for 2026, with the stronger performance.
RDDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $46.0 | $173.5 | +277% |
| 2025 | $173.5 | $225.8 | +30% |
| 2026 YTD | $225.8 | $99.6 | -56% |
RDDT has finished every year since 2024 higher, and it's down 56% so far in 2026.