HC Wainwright Has Positive Estimate for NNE FY2026 Earnings

Key Points

• HC Wainwright raised Nano Nuclear Energy’s FY2026 EPS estimate to a loss of $0.74 per share from a previous forecast of $0.90, compared with the consensus estimate of a $0.84 loss.
• Analyst sentiment remains moderately positive, with a consensus rating of “Moderate Buy” and an average price target of $39.00, despite ratings ranging from Strong Buy to Sell.
• NNE shares opened at $19.24 and remain highly volatile, with a beta of 5.42 and a 52-week range of $14.71 to $60.87; insiders sold more than 1.6 million shares worth approximately $43.1 million over the past three months.

Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) - HC Wainwright increased their FY2026 EPS estimates for shares of Nano Nuclear Energy in a report released on Monday, August 24th. HC Wainwright analyst S. Joshi now forecasts that the company will post earnings per share of ($0.74) for the year, up from their previous forecast of ($0.90). The consensus estimate for Nano Nuclear Energy's current full-year earnings is ($0.84) per share. HC Wainwright also issued estimates for Nano Nuclear Energy's Q4 2026 earnings at ($0.24) EPS, FY2027 earnings at ($1.21) EPS, FY2028 earnings at ($1.61) EPS, FY2029 earnings at ($1.95) EPS and FY2030 earnings at ($2.30) EPS.

Other analysts have also issued reports about the stock. Wall Street Zen upgraded shares of Nano Nuclear Energy from a "strong sell" rating to a "sell" rating in a research note on Saturday, August 15th. Roth Capital initiated coverage on shares of Nano Nuclear Energy in a report on Wednesday, June 17th. They set a "buy" rating and a $45.00 price target for the company. New Street Research set a $45.00 price objective on shares of Nano Nuclear Energy in a research report on Thursday, August 13th. Northland Securities set a $37.00 price objective on shares of Nano Nuclear Energy in a report on Friday, August 14th. Finally, Benchmark reaffirmed a "buy" rating on shares of Nano Nuclear Energy in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Nano Nuclear Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of $39.00.

Nano Nuclear Energy Price Performance

Shares of NASDAQ NNE opened at $19.24 on Wednesday. The company has a market cap of $1.03 billion, a price-to-earnings ratio of -27.88 and a beta of 5.42. The stock's 50-day moving average is $19.26 and its two-hundred day moving average is $22.72. Nano Nuclear Energy has a 1-year low of $14.71 and a 1-year high of $60.87.

Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.26) by $0.07. The business had revenue of $0.21 million during the quarter, compared to analyst estimates of $0.50 million.

Institutional Investors Weigh In On Nano Nuclear Energy

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SBI Securities Co. Ltd. boosted its position in shares of Nano Nuclear Energy by 9.6% in the 4th quarter. SBI Securities Co. Ltd. now owns 4,369 shares of the company's stock valued at $105,000 after purchasing an additional 381 shares during the period. US Bancorp DE increased its position in Nano Nuclear Energy by 51.9% during the third quarter. US Bancorp DE now owns 1,171 shares of the company's stock worth $45,000 after buying an additional 400 shares during the period. Swiss National Bank lifted its stake in Nano Nuclear Energy by 1.2% in the third quarter. Swiss National Bank now owns 60,300 shares of the company's stock valued at $2,325,000 after buying an additional 700 shares during the last quarter. Pine Valley Investments Ltd Liability Co boosted its holdings in shares of Nano Nuclear Energy by 7.5% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 10,320 shares of the company's stock valued at $211,000 after acquiring an additional 720 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Nano Nuclear Energy by 4.3% in the first quarter. The Manufacturers Life Insurance Company now owns 19,058 shares of the company's stock valued at $390,000 after acquiring an additional 793 shares during the period.

Insider Transactions at Nano Nuclear Energy

In other Nano Nuclear Energy news, Director Seth Jason Berl sold 3,750 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $24.92, for a total value of $93,450.00. Following the transaction, the director directly owned 7,586 shares in the company, valued at $189,043.12. This represents a 33.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO James John Walker sold 123,688 shares of the firm's stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $26.49, for a total transaction of $3,276,495.12. Following the sale, the chief executive officer directly owned 555,000 shares in the company, valued at approximately $14,701,950. The trade was a 18.22% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,616,981 shares of company stock valued at $43,096,346 over the last three months. 18.61% of the stock is owned by corporate insiders.

About Nano Nuclear Energy

NANO Nuclear Energy, Inc is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.

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