Raymond James Estimates NexGen Energy FY2026 Earnings

NexGen Energy Ltd. (NYSE:NXE - Free Report) - Investment analysts at Raymond James issued their FY2026 earnings per share (EPS) estimates for NexGen Energy in a note issued to investors on Thursday, May 15th. Raymond James analyst B. Macarthur expects that the company will post earnings per share of ($0.09) for the year. Raymond James currently has a "Outperform" rating on the stock. The consensus estimate for NexGen Energy's current full-year earnings is ($0.05) per share.

A number of other brokerages have also commented on NXE. Scotiabank reissued an "outperform" rating on shares of NexGen Energy in a research note on Thursday, March 6th. Stifel Canada raised NexGen Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Finally, Stifel Nicolaus started coverage on NexGen Energy in a research note on Wednesday, March 12th. They issued a "buy" rating on the stock. Three research analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Strong Buy".

NexGen Energy Stock Up 15.1%

Shares of NXE stock traded up $0.82 during mid-day trading on Monday, reaching $6.26. 21,173,496 shares of the stock traded hands, compared to its average volume of 7,049,803. The stock's fifty day simple moving average is $4.99 and its two-hundred day simple moving average is $6.16. NexGen Energy has a 1-year low of $3.91 and a 1-year high of $8.96. The company has a market cap of $3.57 billion, a price-to-earnings ratio of 41.74 and a beta of 1.50.

NexGen Energy (NYSE:NXE - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.04).

Hedge Funds Weigh In On NexGen Energy

Several institutional investors have recently added to or reduced their stakes in NXE. PNC Financial Services Group Inc. lifted its stake in NexGen Energy by 284.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,000 shares of the company's stock valued at $33,000 after buying an additional 3,700 shares during the period. Compound Planning Inc. acquired a new position in shares of NexGen Energy during the first quarter worth approximately $46,000. Altshuler Shaham Ltd acquired a new position in shares of NexGen Energy during the fourth quarter worth approximately $51,000. PenderFund Capital Management Ltd. raised its position in shares of NexGen Energy by 45.0% during the first quarter. PenderFund Capital Management Ltd. now owns 11,600 shares of the company's stock worth $52,000 after purchasing an additional 3,600 shares during the period. Finally, Ground Swell Capital LLC acquired a new position in shares of NexGen Energy during the first quarter worth approximately $55,000. 42.43% of the stock is owned by institutional investors and hedge funds.

NexGen Energy Company Profile

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.