Brokers Set Expectations for NexGen Energy FY2026 Earnings

NexGen Energy Ltd. (TSE:NXE - Free Report) - Investment analysts at Raymond James issued their FY2026 earnings estimates for shares of NexGen Energy in a research report issued to clients and investors on Thursday, May 15th. Raymond James analyst B. Macarthur expects that the company will post earnings of ($0.12) per share for the year. The consensus estimate for NexGen Energy's current full-year earnings is ($0.07) per share.

A number of other research firms have also recently commented on NXE. National Bankshares decreased their target price on shares of NexGen Energy from C$13.50 to C$12.50 and set an "outperform" rating on the stock in a research report on Friday, March 7th. Stifel Canada raised shares of NexGen Energy to a "strong-buy" rating in a research report on Tuesday, March 11th. TD Securities decreased their target price on shares of NexGen Energy from C$13.00 to C$12.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. Finally, Scotiabank decreased their target price on shares of NexGen Energy from C$12.00 to C$11.50 and set an "outperform" rating on the stock in a research report on Tuesday, March 25th. Six research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of C$13.22.

NexGen Energy Trading Up 13.5%

TSE NXE traded up C$1.02 during trading hours on Monday, reaching C$8.58. The company had a trading volume of 3,394,179 shares, compared to its average volume of 1,731,599. The stock has a 50-day moving average of C$6.99 and a 200 day moving average of C$8.71. NexGen Energy has a 1-year low of C$5.59 and a 1-year high of C$12.51. The company has a current ratio of 1.16, a quick ratio of 8.20 and a debt-to-equity ratio of 35.49. The stock has a market capitalization of C$4.86 billion, a P/E ratio of 32.85 and a beta of 1.76.

NexGen Energy Company Profile

NexGen Energy Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, evaluation and development of uranium properties in Canada. The company's projects portfolio consists of ROOK I, Radio Property, and the IsoEnergy, at the Athabasca Basin. The Rook I property hosts the world-class Arrow Zone, the Bow discovery.