Citi sets JPY 2,400 target for Nexon stock
Published on 10/20/2026 at 22:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCiti target and earnings date
- Citi set a JPY 2,400.00 target for Nexon on October 6, 2026.
- Second-quarter revenue rose 2.00 percent year over year, while operating profit fell 17.00 percent.
- Nexon stock was trading at EUR 15.95 at Lang & Schwarz on October 20, 2026 at 10:20 p.m. CEST.
- Nexon's next reported earnings date is November 10, 2026.
Nexon (ISIN JP3758190007) drew a JPY 2,400.00 price target from Citi on October 6, 2026, while its Tokyo-listed shares were last at JPY 2,814.00 on October 20. Markets Insider reported that Citi maintained a Hold rating and set the target at JPY 2,400.00. The target sits 17.25 percent below the Tokyo price. Nexon was trading at EUR 15.95 at Lang & Schwarz on October 20, 2026 at 10:20 p.m. CEST.
Second-quarter revenue rose 2 percent
Nexon's second-quarter revenue increased 2 percent year over year, while operating profit decreased 17 percent, according to Chosun on October 19, 2026. The report placed third-quarter revenue expectations at JPY 120.70 billion to JPY 133.40 billion and operating profit expectations at JPY 22.60 billion to JPY 32.30 billion. That range keeps revenue near the second-quarter level while pointing to a narrower profit outcome.
Stock remains below its yearly high
Nexon last traded at JPY 2,814.00 on the Tokyo Stock Exchange on October 20, 2026 at 3:30 p.m. JST. Its 52-week range was JPY 2,110.00 to JPY 4,434.00, placing the price 36.49 percent below the high and 33.46 percent above the low. Trading volume reached 2,756,000 shares on the session.
Target and reporting date
Citi's JPY 2,400.00 target is below the current Tokyo price, while the broader analyst average cited by Markets Insider stood at JPY 2,979.37. The next reported earnings date is November 10, 2026, according to Seeking Alpha. Its listing page also showed a revenue estimate of USD 792.41 million for the upcoming quarter.
Comparison with peers
Nexon: up 0.86 percent on the Tokyo Stock Exchange, P/E 16.47, market capitalization JPY 2.2 trillion. Square Enix Holdings (Tokyo Stock Exchange, JPY): up 0.77 percent, P/E 28.70, market capitalization JPY 1.1 trillion. Nintendo (Tokyo Stock Exchange, JPY): up 1.63 percent, P/E 21.18, market capitalization JPY 10.0 trillion.
Euro quote after hours
Nexon was trading at EUR 15.95 at Lang & Schwarz on October 20, 2026 at 10:20 p.m. CEST. The Japanese listing last stood at JPY 2,814.00 on the Tokyo Stock Exchange on October 20, 2026 at 3:30 p.m. JST. The further course of trading is shown by the continuously updated real-time quote of Nexon stock.
Nexon stock key figures
- Company: Nexon Co., Ltd.
- ISIN: JP3758190007
- Ticker: 3659
- Primary exchange: Tokyo Stock Exchange Prime Market
- Price Lang & Schwarz (as of October 20, 2026, 10:20 p.m. CEST): EUR 15.95
- Market capitalization: JPY 2.2 trillion (as of October 20, 2026)
- 52-week range: JPY 2,110.00-4,434.00 (as of October 20, 2026)
- Sector / Industry: Technology / Electronic Gaming and Multimedia
Market context: Market report Nikkei 225.
