FY2026 EPS Estimates for enCore Energy Cut by HC Wainwright

Key Points

• HC Wainwright lowered enCore Energy’s FY2026 EPS estimate to a loss of $0.38 per share from $0.31, while maintaining a Buy rating and $3.50 price target.
• EnCore reported quarterly EPS of -$0.21, missing the $0.10 loss consensus by $0.11, with revenue of $15.7 million and a negative net margin of 112.82%.
• The stock opened at $1.13, near its one-year low of $1.03; analysts have a consensus Hold rating and an average price target of $3.62, while insiders purchased 184,905 shares over the past 90 days.

enCore Energy Corp. (NASDAQ:EU - Free Report) - Stock analysts at HC Wainwright dropped their FY2026 earnings estimates for enCore Energy in a research note issued on Friday, August 14th. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of ($0.38) for the year, down from their prior forecast of ($0.31). HC Wainwright currently has a "Buy" rating and a $3.50 target price on the stock. The consensus estimate for enCore Energy's current full-year earnings is ($0.34) per share.

Several other brokerages also recently issued reports on EU. Northland Securities set a $3.75 price target on enCore Energy in a report on Monday, May 18th. Weiss Ratings upgraded enCore Energy from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday, June 23rd. Wall Street Zen upgraded enCore Energy from a "sell" rating to a "hold" rating in a research report on Saturday, May 16th. Finally, Zacks Research lowered enCore Energy from a "hold" rating to a "strong sell" rating in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $3.62.

enCore Energy Stock Performance

EU stock opened at $1.13 on Tuesday. The business's 50-day moving average price is $1.29 and its two-hundred day moving average price is $1.79. The company has a current ratio of 8.00, a quick ratio of 6.84 and a debt-to-equity ratio of 0.45. The firm has a market cap of $219.54 million, a PE ratio of -3.42 and a beta of 2.10. enCore Energy has a 1-year low of $1.03 and a 1-year high of $4.18.

enCore Energy (NASDAQ:EU - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.11). The firm had revenue of $15.70 million during the quarter. enCore Energy had a negative net margin of 112.82% and a negative return on equity of 28.00%.

Institutional Investors Weigh In On enCore Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. boosted its position in enCore Energy by 25.1% during the 2nd quarter. Raymond James Financial Inc. now owns 19,968 shares of the company's stock worth $57,000 after acquiring an additional 4,000 shares during the last quarter. Intech Investment Management LLC raised its holdings in shares of enCore Energy by 6.5% in the fourth quarter. Intech Investment Management LLC now owns 68,650 shares of the company's stock valued at $170,000 after purchasing an additional 4,219 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of enCore Energy by 24.6% in the third quarter. Franklin Resources Inc. now owns 21,560 shares of the company's stock valued at $69,000 after purchasing an additional 4,252 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of enCore Energy by 192.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 8,137 shares of the company's stock worth $26,000 after purchasing an additional 5,356 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its position in shares of enCore Energy by 37.7% in the first quarter. Sanctuary Advisors LLC now owns 24,138 shares of the company's stock worth $43,000 after purchasing an additional 6,608 shares in the last quarter. Institutional investors and hedge funds own 20.86% of the company's stock.

Insider Buying and Selling

In related news, CEO Richard H. Little bought 50,000 shares of enCore Energy stock in a transaction that occurred on Tuesday, June 9th. The stock was purchased at an average cost of $1.28 per share, with a total value of $64,000.00. Following the purchase, the chief executive officer owned 50,000 shares in the company, valued at approximately $64,000. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark S. Pelizza bought 99,182 shares of the stock in a transaction on Thursday, June 11th. The shares were purchased at an average price of $1.37 per share, with a total value of $135,879.34. Following the acquisition, the director owned 237,515 shares in the company, valued at approximately $325,395.55. This represents a 71.70% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders purchased 184,905 shares of company stock valued at $251,284. Company insiders own 3.00% of the company's stock.

About enCore Energy

enCore Energy Inc is a U.S.-based uranium exploration and development company focused on deploying in-situ recovery (ISR) technology to bring domestic uranium projects into production. The company's operations are centered on the Nichols Ranch ISR facility in Wyoming, which represents enCore's flagship asset and its nearest-term production opportunity. Through ISR methods, enCore seeks to extract uranium with lower environmental impact and capital requirements relative to conventional mining.

In addition to Nichols Ranch, enCore holds a diversified portfolio of uranium properties in the western United States, including the Roca Honda project in New Mexico and several ISR-amenable projects in the Texas and Oklahoma regions.

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