Desjardins Forecasts NexGen Energy FY2025 Earnings

NexGen Energy Ltd. (TSE:NXE - Free Report) - Equities research analysts at Desjardins issued their FY2025 EPS estimates for shares of NexGen Energy in a research report issued to clients and investors on Monday, June 9th. Desjardins analyst B. Adams expects that the company will post earnings of ($0.19) per share for the year. Desjardins has a "Moderate Buy" rating on the stock. The consensus estimate for NexGen Energy's current full-year earnings is ($0.07) per share. Desjardins also issued estimates for NexGen Energy's FY2026 earnings at ($0.28) EPS and FY2027 earnings at ($0.50) EPS.

Several other research analysts also recently weighed in on the stock. Stifel Canada raised shares of NexGen Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. National Bankshares dropped their price objective on shares of NexGen Energy from C$13.50 to C$12.50 and set an "outperform" rating for the company in a research note on Friday, March 7th. Scotiabank dropped their price objective on shares of NexGen Energy from C$12.00 to C$11.50 and set an "outperform" rating for the company in a research note on Tuesday, March 25th. Finally, TD Securities dropped their price objective on shares of NexGen Energy from C$13.00 to C$12.00 and set a "buy" rating for the company in a research note on Thursday, March 6th. Six analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of C$13.25.

NexGen Energy Price Performance

NXE stock traded down C$0.11 during trading on Thursday, hitting C$9.00. The stock had a trading volume of 1,682,081 shares, compared to its average volume of 1,737,318. The company's 50 day moving average price is C$7.63 and its two-hundred day moving average price is C$8.49. NexGen Energy has a 1-year low of C$5.59 and a 1-year high of C$12.51. The stock has a market cap of C$5.09 billion, a price-to-earnings ratio of 34.46 and a beta of 1.76. The company has a debt-to-equity ratio of 35.49, a quick ratio of 8.20 and a current ratio of 1.16.

About NexGen Energy

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.