What is HC Wainwright's Forecast for NB FY2026 Earnings?

Key Points

• HC Wainwright raised its FY2026 EPS forecast for NioCorp to ($0.42) per share from ($0.68) and retains a Buy rating with a $10.00 price target, versus a consensus full-year estimate of ($0.34).
• NioCorp reported quarterly EPS of ($0.05), outperforming the consensus estimate of ($0.88) by $0.83.
• Analyst coverage is mixed — three Buys, one Hold and one Sell — yielding an average rating of "Hold" and an average price target of $7.90; shares trade around $4.82 with a market cap near $688 million and a 52‑week range of $1.98–$12.58.

NioCorp Developments Ltd. (NASDAQ:NB - Free Report) - Equities research analysts at HC Wainwright boosted their FY2026 earnings estimates for shares of NioCorp Developments in a research report issued on Thursday, April 9th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of ($0.42) per share for the year, up from their previous forecast of ($0.68). HC Wainwright currently has a "Buy" rating and a $10.00 target price on the stock. The consensus estimate for NioCorp Developments' current full-year earnings is ($0.34) per share.

NioCorp Developments (NASDAQ:NB - Get Free Report) last announced its quarterly earnings results on Friday, February 6th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.88) by $0.83.

A number of other equities research analysts have also recently issued reports on NB. Weiss Ratings reiterated a "sell (d-)" rating on shares of NioCorp Developments in a report on Thursday, January 22nd. Zacks Research cut shares of NioCorp Developments from a "strong-buy" rating to a "hold" rating in a report on Friday, March 13th. Finally, Loop Capital set a $8.70 price objective on shares of NioCorp Developments in a report on Wednesday, January 7th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, NioCorp Developments presently has an average rating of "Hold" and an average price target of $7.90.

NioCorp Developments Stock Performance

Shares of NASDAQ NB opened at $4.82 on Monday. The stock has a market cap of $687.96 million, a price-to-earnings ratio of -5.95 and a beta of -0.03. The business has a 50 day simple moving average of $5.21 and a 200 day simple moving average of $6.23. NioCorp Developments has a 52 week low of $1.98 and a 52 week high of $12.58.

Institutional Investors Weigh In On NioCorp Developments

A number of large investors have recently added to or reduced their stakes in the stock. HITE Hedge Asset Management LLC bought a new stake in NioCorp Developments during the third quarter valued at about $9,770,000. Brevan Howard Capital Management LP bought a new stake in NioCorp Developments during the third quarter valued at about $9,690,000. Alyeska Investment Group L.P. boosted its holdings in NioCorp Developments by 67.0% during the third quarter. Alyeska Investment Group L.P. now owns 2,801,102 shares of the company's stock valued at $18,711,000 after acquiring an additional 1,123,863 shares during the period. Deltroit Asset Management UK LLP bought a new stake in NioCorp Developments during the fourth quarter valued at about $5,677,000. Finally, Marshall Wace LLP boosted its holdings in NioCorp Developments by 623.5% during the third quarter. Marshall Wace LLP now owns 1,156,057 shares of the company's stock valued at $7,722,000 after acquiring an additional 996,267 shares during the period. Institutional investors own 4.03% of the company's stock.

NioCorp Developments Company Profile

NioCorp Developments Ltd is a North American critical minerals development company focused on advancing its flagship Elk Creek Critical Minerals Project in southeastern Nebraska. The company’s primary business activity centers on the exploration, evaluation and development of a polymetallic deposit that hosts significant quantities of niobium, scandium and titanium. Through metallurgical testing and prefeasibility studies, NioCorp aims to produce high-purity ferroniobium, high-purity titanium dioxide slag and scandium oxide for industrial, aerospace and clean-energy applications.

At the heart of NioCorp’s operations is the Elk Creek project, where the company holds surface rights and mineral leases across approximately 7,100 acres of land.

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