Shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) have received an average recommendation of "Buy" from the four analysts that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $52.00.
A number of research firms recently weighed in on NNE. HC Wainwright reaffirmed a "buy" rating and set a $50.00 price target on shares of Nano Nuclear Energy in a research note on Monday, March 31st. Northland Securities started coverage on Nano Nuclear Energy in a report on Monday. They issued an "outperform" rating and a $40.00 target price for the company. Northland Capmk raised Nano Nuclear Energy to a "strong-buy" rating in a report on Monday. Finally, LADENBURG THALM/SH SH assumed coverage on Nano Nuclear Energy in a report on Thursday. They set a "buy" rating and a $51.00 price objective for the company.
View Our Latest Analysis on Nano Nuclear Energy
Nano Nuclear Energy Price Performance
Shares of NASDAQ:NNE opened at $34.63 on Thursday. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of -38.05 and a beta of 7.29. The business's 50-day moving average is $30.89 and its 200-day moving average is $29.06. Nano Nuclear Energy has a 1 year low of $6.30 and a 1 year high of $48.05.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.57) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.46). Analysts anticipate that Nano Nuclear Energy will post -0.92 EPS for the current year.
Institutional Investors Weigh In On Nano Nuclear Energy
Several large investors have recently added to or reduced their stakes in NNE. North Capital Inc. bought a new stake in Nano Nuclear Energy during the first quarter valued at $26,000. Marshall Investment Management LLC purchased a new position in shares of Nano Nuclear Energy in the first quarter worth about $27,000. Ameriflex Group Inc. purchased a new position in shares of Nano Nuclear Energy in the fourth quarter worth about $29,000. Aster Capital Management DIFC Ltd purchased a new position in shares of Nano Nuclear Energy in the fourth quarter worth about $30,000. Finally, KBC Group NV purchased a new position in shares of Nano Nuclear Energy in the first quarter worth about $31,000.
About Nano Nuclear Energy
(
Get Free ReportNANO 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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Nano Nuclear Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Nuclear Energy wasn't on the list.
While Nano Nuclear Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.