FY2026 EPS Estimates for NexGen Energy Boosted by Scotiabank

Key Points

• Scotiabank raised NexGen Energy’s FY2026 EPS estimate to $0.00 from a previous forecast of a $0.09 loss per share and maintained an “Outperform” rating. The bank forecasts FY2027 EPS of negative $0.17.
• Analyst sentiment remains mixed, with three Buy ratings, one Hold and one Sell; MarketBeat’s consensus rating is Hold.
• NexGen shares opened at $10.84, while institutional investors own 42.43% of the company. NexGen is advancing its Rook I uranium project and Arrow deposit in Saskatchewan’s Athabasca Basin.

NexGen Energy (NYSE:NXE - Free Report) - Equities researchers at Scotiabank raised their FY2026 earnings per share (EPS) estimates for NexGen Energy in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings of $0.00 per share for the year, up from their prior forecast of ($0.09). Scotiabank currently has a "Outperform" rating on the stock. Scotiabank also issued estimates for NexGen Energy's FY2027 earnings at ($0.17) EPS.

A number of other research analysts also recently commented on NXE. Wall Street Zen raised shares of NexGen Energy from a "strong sell" rating to a "sell" rating in a research note on Saturday, August 8th. Weiss Ratings reissued a "sell (d-)" rating on shares of NexGen Energy in a research report on Tuesday, June 2nd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold".

NexGen Energy Trading Down 0.2%

Shares of NYSE:NXE opened at $10.84 on Monday. The stock's 50-day moving average price is $9.80 and its two-hundred day moving average price is $11.07. NexGen Energy has a 12-month low of $6.67 and a 12-month high of $13.96. The firm has a market cap of $7.25 billion, a price-to-earnings ratio of -27.10 and a beta of 1.40.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Leonteq Securities AG boosted its holdings in NexGen Energy by 88.2% in the first quarter. Leonteq Securities AG now owns 2,343 shares of the company's stock valued at $28,000 after acquiring an additional 1,098 shares during the last quarter. Trifecta Capital Advisors LLC acquired a new stake in NexGen Energy during the second quarter worth about $46,000. SBI Securities Co. Ltd. increased its stake in NexGen Energy by 454.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 7,965 shares of the company's stock worth $73,000 after acquiring an additional 6,528 shares during the last quarter. Tcfg Wealth Management LLC purchased a new position in shares of NexGen Energy in the 1st quarter worth about $116,000. Finally, Lifetime Wealth Management P.C. purchased a new position in shares of NexGen Energy in the 2nd quarter worth about $94,000. 42.43% of the stock is owned by hedge funds and other institutional investors.

NexGen Energy Company Profile

NexGen Energy is a Canada-based uranium exploration and development company focused on advancing its flagship Rook I project in the Athabasca Basin of northern Saskatchewan. The company's primary activities include resource delineation, feasibility studies, and permitting for its high-grade Arrow deposit, one of the largest undeveloped uranium discoveries in the region. NexGen's technical team employs advanced drilling, geophysical and geochemical techniques to expand and define its resource base, with the aim of delivering a robust, low-cost supply of uranium to global nuclear power markets.

The Rook I project sits within one of the world's most prolific uranium districts, offering excellent infrastructure access, a skilled local workforce and a supportive regulatory regime.

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