Nano Nuclear Energy (NASDAQ:NNE) Rating Increased to Strong-Buy at Northland Capmk

Northland Capmk upgraded shares of Nano Nuclear Energy (NASDAQ:NNE - Free Report) to a strong-buy rating in a research report released on Monday,Zacks.com reports. Northland Capmk also issued estimates for Nano Nuclear Energy's Q3 2025 earnings at ($0.40) EPS, Q4 2025 earnings at ($0.42) EPS, FY2025 earnings at ($1.51) EPS, Q1 2026 earnings at ($0.51) EPS, Q2 2026 earnings at ($0.59) EPS, Q3 2026 earnings at ($0.68) EPS, Q4 2026 earnings at ($0.76) EPS, FY2026 earnings at ($2.54) EPS and FY2027 earnings at ($3.22) EPS.

Several other research analysts also recently commented on the company. Northland Securities started coverage on Nano Nuclear Energy in a research note on Monday. They issued an "outperform" rating and a $40.00 price objective on the stock. HC Wainwright restated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research note on Monday, March 31st. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Nano Nuclear Energy currently has an average rating of "Buy" and a consensus target price of $51.75.

Nano Nuclear Energy Trading Down 2.3%

NNE stock traded down $0.80 during midday trading on Monday, reaching $34.22. 2,144,628 shares of the company's stock traded hands, compared to its average volume of 3,806,710. Nano Nuclear Energy has a 52-week low of $6.30 and a 52-week high of $48.05. The stock has a market cap of $1.42 billion, a P/E ratio of -37.60 and a beta of 7.29. The stock's 50-day moving average is $31.32 and its 200 day moving average is $29.16.

Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.57) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.46). As a group, research analysts expect that Nano Nuclear Energy will post -0.92 EPS for the current fiscal year.

Institutional Investors Weigh In On Nano Nuclear Energy

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Nano Nuclear Energy by 44.4% during the first quarter. Vanguard Group Inc. now owns 990,024 shares of the company's stock valued at $26,196,000 after acquiring an additional 304,405 shares in the last quarter. Citizens Financial Group Inc. RI grew its position in shares of Nano Nuclear Energy by 23.5% during the fourth quarter. Citizens Financial Group Inc. RI now owns 900,000 shares of the company's stock valued at $22,406,000 after purchasing an additional 171,000 shares in the last quarter. Anson Funds Management LP purchased a new position in shares of Nano Nuclear Energy during the fourth quarter valued at about $20,746,000. Hudson Bay Capital Management LP bought a new stake in shares of Nano Nuclear Energy in the fourth quarter worth about $19,642,000. Finally, Nuveen Asset Management LLC purchased a new stake in shares of Nano Nuclear Energy in the fourth quarter worth about $4,544,000.

Nano Nuclear Energy Company Profile

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.