Should I buy or sell NexGen Energy stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexGen Energy in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NXE shares. View NXE analyst ratings or view top-rated stocks .

What is NexGen Energy's stock price target for 2024?

2 brokers have issued 12 month price objectives for NexGen Energy's stock. Their NXE share price targets range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 44.5% from the stock's current price. View analysts price targets for NXE or view top-rated stocks among Wall Street analysts .

How have NXE shares performed in 2024?

NexGen Energy's stock was trading at $7.00 on January 1st, 2024. Since then, NXE shares have increased by 8.8% and is now trading at $7.6150. View the best growth stocks for 2024 here .

When is NexGen Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our NXE earnings forecast .

How were NexGen Energy's earnings last quarter?

NexGen Energy Ltd. (NYSE:NXE) released its earnings results on Wednesday, March, 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.05.

What ETFs hold NexGen Energy's stock?

ETFs with the largest weight of NexGen Energy (NYSE:NXE) stock in their portfolio include Sprott Junior Uranium Miners ETF (URNJ) , Global X Uranium ETF (URA) , Sprott Uranium Miners ETF (URNM) , VanEck Uranium+Nuclear Energy ETF (NLR) , Sprott Energy Transition Materials ETF (SETM) and Amplify Inflation Fighter ETF (IWIN) . Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) .

What other stocks do shareholders of NexGen Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NexGen Energy investors own include Zuora (ZUO) , Invesco DB US Dollar Index Bullish Fund (UUP) , Sorrento Therapeutics (SRNE) , Riot Platforms (RIOT) , Plug Power (PLUG) , MicroVision (MVIS) , Marathon Digital (MARA) , Hecla Mining (HL) , Corbus Pharmaceuticals (CRBP) and Coeur Mining (CDE) .

Who are NexGen Energy's major shareholders?

NexGen Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Rye Brook Capital LLC (0.07%), IMC Chicago LLC (0.00%), Ausbil Investment Management Ltd (0.02%), Avalon Capital Management (0.01%), Sumitomo Mitsui Trust Holdings Inc. (0.01%) and Southland Equity Partners LLC (0.00%). View institutional ownership trends .

How do I buy shares of NexGen Energy?

Shares of NXE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:NXE

NexGen Energy (NXE) Stock Price, News & Analysis

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$7.62

-0.02 (-0.26%)

(As of 04/19/2024 ET)

Compare

Today's Range: $7.55
▼
$7.78
50-Day Range: $6.82
▼
$8.81
52-Week Range: $3.49
▼
$8.88

Volume: 4.23 million shs
Average Volume: 6.44 million shs
Market Capitalization: $4.11 billion

P/E Ratio: 380.94
Dividend Yield: N/A
Price Target: $11.00

Get NexGen Energy alerts:

NexGen Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 44.5% Upside
$11.00 Price Target
Short Interest: Bearish
8.50% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.35
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.42 out of 5 stars

Basic Materials Sector

147th out of 174 stocks

Miscellaneous Metal Ores Industry

4th out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
NexGen Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
NexGen Energy has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.50% of the outstanding shares of NexGen Energy have been sold short.
Short Interest Ratio / Days to Cover
NexGen Energy has a short interest ratio ("days to cover") of 6.8.
Change versus previous month
Short interest in NexGen Energy has recently increased by 9.81%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
NexGen Energy does not currently pay a dividend.
Dividend Growth
NexGen Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NXE.

4.1

News and Social Media Coverage

News Sentiment
NexGen Energy has a news sentiment score of 1.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for NexGen Energy this week, compared to 2 articles on an average week.
Search Interest
17 people have searched for NXE on MarketBeat in the last 30 days. This is an increase of 42% compared to the previous 30 days.
MarketBeat Follows
10 people have added NexGen Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NexGen Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.60% of the stock of NexGen Energy is held by insiders.
Percentage Held by Institutions
42.43% of the stock of NexGen Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of NexGen Energy is 380.94, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 144.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of NexGen Energy is 380.94, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 142.21.
Price to Book Value per Share Ratio
NexGen Energy has a P/B Ratio of 6.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About NexGen Energy Stock (NYSE:NXE)

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. The company is headquartered in Vancouver, Canada. NexGen Energy Ltd. operates as a subsidiary of Mega Uranium Ltd.

NXE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NXE Stock News Headlines

April 4, 2024 | marketbeat.com

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Nuclear energy is poised for a comeback, offering investors a unique opportunity to capitalize on the growing demand for clean energy solutions.

April 18, 2024 | americanbankingnews.com

NexGen Energy Target of Unusually Large Options Trading (NYSE:NXE)

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 13, 2024 | wsj.com

NexGen Energy Ltd.

April 10, 2024 | msn.com

1 'Strong Buy' Uranium Stock Under $10 to Scoop Up Now

April 8, 2024 | msn.com

BROG, HUSA among major energy losers; NINE major gainer

April 8, 2024 | seekingalpha.com

IsoEnergy: A High-Beta Uranium Developer With A Good Valuation

April 5, 2024 | investorplace.com

The 3 Best Renewable Energy Stocks to Buy in April 2024

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 4, 2024 | msn.com

Why These Nuclear Stocks Could Beat Solar and Wind Energy Stocks

April 3, 2024 | theglobeandmail.com

Global Uranium Production to Increase as Prices Are Expected to Hit a 15 Year High

April 3, 2024 | finance.yahoo.com

Aero Energy Partners with Leading Drill Contractor for Upcoming Exploration on Its Athabasca Basin High-Grade Uranium Projects

April 1, 2024 | msn.com

DWSN, INDO among major energy gainers; BORR, AMTX major losers

March 29, 2024 | nasdaq.com

Nexgen Energy Ltd. Common Shares (NXE)

March 27, 2024 | msn.com

Why Uranium Stocks Are Going Nuclear

March 23, 2024 | investorplace.com

Uranium Prices Have Tripled! 3 Must-Own Miners to Ride the Surge

March 22, 2024 | investorplace.com

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March 22, 2024 | investorplace.com

From Six Figures to Seven: 3 Renewable Energy Stocks Set to Make Millionaires

March 21, 2024 | theglobeandmail.com

3 Uranium Stocks to Scoop Up After the Latest Supply Warning

March 20, 2024 | investorplace.com

Wall Street's Favorite Renewable Energy Stocks? 3 Names That Could Make You Filthy Rich

March 18, 2024 | investorplace.com

Wall Street Favorites: 7 Under-$20 Stocks with Strong Buy Ratings for March 2024

March 15, 2024 | msn.com

World's top uranium producer says global output won't cover market needs this decade

March 14, 2024 | theglobeandmail.com

Rosenberg Research: Looking for a TSX sector that will outperform? This is it

March 12, 2024 | finance.yahoo.com

NexGen Energy Ltd. (NYSE:NXE) Q4 2023 Earnings Call Transcript

March 11, 2024 | juniorminingnetwork.com

NexGen Energy Announces Discovery of New Intense Mineralization in Greenfields Discovery 3.5 Kilometers from Arrow

March 11, 2024 | prnewswire.com

NexGen Announces Discovery of New Intense Mineralization in Greenfields Discovery 3.5 Kilometers from Arrow

March 10, 2024 | realmoney.thestreet.com

NexGen Energy price target raised by C$1 at Raymond James

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Miscellaneous metal ores
Sub-Industry: N/A
Current Symbol: NYSE:NXE
CUSIP: N/A
CIK: 1698535
Web: www.nexgenenergy.ca
Phone: 604-428-4112
Fax: 604-259-0321
Employees: 77
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.00
High Stock Price Target: $11.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +44.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.02
Trailing P/E Ratio: 380.94
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $59.87 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -13.71%
Return on Assets: -11.02%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 11.00
Quick Ratio: 11.00

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.16 per share
Price / Book: 6.56

Miscellaneous

Outstanding Shares: 539,760,000
Free Float: 509,536,000
Market Cap: $4.11 billion
Optionable: Optionable
Beta: 1.90

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Key Executives

Mr. Leigh Robert Curyer ACA (Age 52)
BA (Acc), Founder, President, CEO & Director
Comp: $1.13M
Ms. Gillian A. McCombie
Vice President of Human Resources
Mr. Travis G. McPherson
Chief Commercial Officer
Mr. Benjamin Salter
Chief Financial Officer
Mr. Kevin Small B.Sc.
P.Eng., Senior Vice President of Engineering & Operations
Ms. Mary Fraser
Vice President of Communications
Ms. Monica Kras
Vice President of Corporate Development

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NXE Stock Analysis - Frequently Asked Questions

Should I buy or sell NexGen Energy stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexGen Energy in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NXE shares.
View NXE analyst ratings or view top-rated stocks.
What is NexGen Energy's stock price target for 2024?: 2 brokers have issued 12 month price objectives for NexGen Energy's stock. Their NXE share price targets range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 44.5% from the stock's current price.
View analysts price targets for NXE or view top-rated stocks among Wall Street analysts.
How have NXE shares performed in 2024?: NexGen Energy's stock was trading at $7.00 on January 1st, 2024. Since then, NXE shares have increased by 8.8% and is now trading at $7.6150.
View the best growth stocks for 2024 here.
When is NexGen Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our NXE earnings forecast.
How were NexGen Energy's earnings last quarter?: NexGen Energy Ltd. (NYSE:NXE) released its earnings results on Wednesday, March, 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.05.

What ETFs hold NexGen Energy's stock?: ETFs with the largest weight of NexGen Energy (NYSE:NXE) stock in their portfolio include Sprott Junior Uranium Miners ETF (URNJ), Global X Uranium ETF (URA), Sprott Uranium Miners ETF (URNM), VanEck Uranium+Nuclear Energy ETF (NLR), Sprott Energy Transition Materials ETF (SETM) and Amplify Inflation Fighter ETF (IWIN).Carbon Collective Climate Solutions U.S. Equity ETF (CCSO).
What other stocks do shareholders of NexGen Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other NexGen Energy investors own include Zuora (ZUO), Invesco DB US Dollar Index Bullish Fund (UUP), Sorrento Therapeutics (SRNE), Riot Platforms (RIOT), Plug Power (PLUG), MicroVision (MVIS), Marathon Digital (MARA), Hecla Mining (HL), Corbus Pharmaceuticals (CRBP) and Coeur Mining (CDE).
Who are NexGen Energy's major shareholders?: NexGen Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Rye Brook Capital LLC (0.07%), IMC Chicago LLC (0.00%), Ausbil Investment Management Ltd (0.02%), Avalon Capital Management (0.01%), Sumitomo Mitsui Trust Holdings Inc. (0.01%) and Southland Equity Partners LLC (0.00%).
View institutional ownership trends.
How do I buy shares of NexGen Energy?: Shares of NXE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NXE) was last updated on 4/20/2024 by MarketBeat.com Staff

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NexGen Energy (NXE) Stock Price, News & Analysis

NexGen Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About NexGen Energy Stock (NYSE:NXE)

NXE Stock Price History

NXE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

NXE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™