BlackRock Inc. Buys New Holdings in New Era Energy & Digital Inc $NUAI

Key Points

• BlackRock acquired 7.21 million shares of New Era Energy & Digital in the second quarter, worth approximately $46 million and representing a 7.12% stake. Institutional investors and hedge funds collectively own 21.90% of the company.
• Analyst sentiment is mixed but leans positive, with a consensus rating of “Moderate Buy” and an average price target of $10.67; individual targets range from $10 to $12.
• New Era Energy & Digital reported a quarterly loss of $0.21 per share, missing estimates of a $0.09 loss, on revenue of just $0.04 million. The company remains deeply unprofitable, with a negative net margin of 4,388.71%.

BlackRock Inc. purchased a new stake in shares of New Era Energy & Digital Inc (NASDAQ:NUAI - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,207,876 shares of the company's stock, valued at approximately $45,986,000. BlackRock Inc. owned 7.12% of New Era Energy & Digital at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Great Valley Advisor Group Inc. purchased a new position in shares of New Era Energy & Digital in the 4th quarter worth about $29,000. Main Street Financial Solutions LLC acquired a new stake in New Era Energy & Digital during the 4th quarter worth approximately $32,000. Bridgeway Capital Management LLC purchased a new position in New Era Energy & Digital in the fourth quarter valued at approximately $44,000. Concurrent Investment Advisors LLC acquired a new position in New Era Energy & Digital during the fourth quarter valued at approximately $46,000. Finally, LPL Financial LLC purchased a new stake in New Era Energy & Digital during the fourth quarter worth approximately $47,000. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NUAI has been the topic of several research reports. Wall Street Zen lowered New Era Energy & Digital from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 1st. New Street Research set a $10.00 target price on New Era Energy & Digital in a research report on Tuesday, July 7th. Weiss Ratings upgraded New Era Energy & Digital from a "sell (e+)" rating to a "sell (d-)" rating in a report on Friday, August 14th. B. Riley Financial initiated coverage on New Era Energy & Digital in a report on Tuesday, July 7th. They issued a "buy" rating and a $10.00 price target for the company. Finally, Northland Securities set a $12.00 price objective on shares of New Era Energy & Digital in a research note on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $10.67.

New Era Energy & Digital Stock Performance

New Era Energy & Digital stock opened at $4.74 on Tuesday. New Era Energy & Digital Inc has a 52 week low of $0.32 and a 52 week high of $9.44. The company has a current ratio of 14.21, a quick ratio of 14.21 and a debt-to-equity ratio of 0.11. The stock has a market cap of $505.09 million, a P/E ratio of -4.84 and a beta of 1.25. The stock has a 50 day moving average of $5.04 and a 200-day moving average of $4.86.

New Era Energy & Digital (NASDAQ:NUAI - Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.12). The company had revenue of $0.04 million for the quarter. New Era Energy & Digital had a negative net margin of 4,388.71% and a negative return on equity of 121.41%. On average, analysts expect that New Era Energy & Digital Inc will post -0.5 EPS for the current fiscal year.

New Era Energy & Digital Profile

New Era Energy & Digital, Inc, operates as an exploration and production platform, engages in the exploration, development, and production of helium, oil and natural gas, and natural gas liquids in the United States. The company owns and operates a portfolio of approximately 137,000 acres in Southeast New Mexico. Its flagship Pecos Slope Field covering an area of 1893 square kilometers located 20 miles north of Roswell, New Mexico. It serves Tier 2 gas companies and balloon gas distributors. The company was formerly known as New Era Helium, Inc and changed its name to New Era Energy & Digital, Inc in August 2025.

Want to see what other hedge funds are holding NUAI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for New Era Energy & Digital Inc (NASDAQ:NUAI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source