Analysts Issue Forecasts for NexGen Energy FY2026 Earnings

NexGen Energy Ltd. (NYSE:NXE - Free Report) - Stock analysts at Raymond James issued their FY2026 earnings per share (EPS) estimates for NexGen Energy in a research note issued to investors on Thursday, May 15th. Raymond James analyst B. Macarthur anticipates 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.

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

Other equities research analysts also recently issued reports about the stock. Stifel Nicolaus started coverage on shares of NexGen Energy in a research report on Wednesday, March 12th. They issued a "buy" rating on the stock. Scotiabank reiterated an "outperform" rating on shares of NexGen Energy in a research note on Thursday, March 6th. Finally, Stifel Canada upgraded NexGen Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Three research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Strong Buy".

NexGen Energy Stock Down 2.9%

Shares of NYSE:NXE opened at $5.46 on Monday. NexGen Energy has a fifty-two week low of $3.91 and a fifty-two week high of $8.96. The firm's 50 day moving average price is $4.91 and its 200 day moving average price is $6.21. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 36.37 and a beta of 1.50.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. raised its stake in NexGen Energy by 284.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,000 shares of the company's stock worth $33,000 after acquiring an additional 3,700 shares in the last quarter. Compound Planning Inc. purchased a new position in shares of NexGen Energy during the first quarter worth about $46,000. Altshuler Shaham Ltd acquired a new stake in shares of NexGen Energy during the fourth quarter worth about $51,000. PenderFund Capital Management Ltd. lifted its holdings in shares of NexGen Energy by 45.0% in the 1st quarter. PenderFund Capital Management Ltd. now owns 11,600 shares of the company's stock valued at $52,000 after purchasing an additional 3,600 shares during the last quarter. Finally, Ground Swell Capital LLC purchased a new stake in shares of NexGen Energy in the 1st quarter valued at about $55,000. Institutional investors and hedge funds own 42.43% of the company's stock.

About NexGen Energy

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.

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