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The latest announcement is out from Nine Entertainment Co. Holdings Limited ( (AU:NEC) ).
Nine Entertainment has reported continued growth in digital subscription revenue and anticipates further EBITDA growth for FY26, driven by the Premier League deal and cost efficiencies. Despite challenges in the advertising market and the absence of the Paris Summer Olympics, Nine is implementing cost initiatives and strategic investments to mitigate these impacts and enhance its market position.
The most recent analyst rating on (AU:NEC) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
More about Nine Entertainment Co. Holdings Limited
Nine Entertainment Co. Holdings Limited is a prominent player in the media and entertainment industry, focusing on digital and subscription markets. The company offers a range of services, including television broadcasting, digital publishing, and streaming services, with a strategic emphasis on leveraging its unique data and premium content to engage audiences and advertisers.
Average Trading Volume: 6,936,199
Technical Sentiment Signal: Buy
Current Market Cap: A$1.85B
For a thorough assessment of NEC stock, go to TipRanks’ Stock Analysis page.