Should I buy or sell NexGen Energy stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NexGen Energy in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research 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?

4 Wall Street analysts have issued 1-year price objectives for NexGen Energy's shares. Their NXE share price targets range from C$11.00 to C$21.00. On average, they anticipate the company's stock price to reach C$13.16 in the next twelve months. This suggests a possible upside of 24.4% 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 C$9.27 at the beginning of 2024. Since then, NXE stock has increased by 14.1% and is now trading at C$10.58. 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. (TSE:NXE) released its quarterly earnings results on Wednesday, March, 6th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.06.

How do I buy shares of NexGen Energy?

Shares of NXE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:NXE

NexGen Energy (NXE) Stock Price, News & Analysis

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C$10.58

-0.26 (-2.40%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$10.51
▼
C$10.98
50-Day Range: C$9.21
▼
C$11.91
52-Week Range: C$4.75
▼
C$12.00

Volume: 1.17 million shs
Average Volume: 2.29 million shs
Market Capitalization: C$5.71 billion

P/E Ratio: 66.13
Dividend Yield: N/A
Price Target: C$13.16

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

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NexGen Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 24.4% Upside
C$13.16 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$5.10 M Sold Last Quarter
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.

1.39 out of 5 stars

2.5

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 4 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.

N/A

Short Interest

Short Interest
There is no current short interest data available for NXE.

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.

3.1

News and Social Media Coverage

News Sentiment
NexGen Energy has a news sentiment score of 0.55. 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 0.39 average news sentiment score of Energy companies.
Search Interest
18 people have searched for NXE on MarketBeat in the last 30 days. This is an increase of 64% compared to the previous 30 days.
MarketBeat Follows
2 people have added NexGen Energy to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NexGen Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$5,099,500.00 in company stock.
Percentage Held by Insiders
Only 8.03% of the stock of NexGen Energy is held by insiders.
Percentage Held by Institutions
48.39% of the stock of NexGen Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of NexGen Energy is 66.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of NexGen Energy is 66.13, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 94.50.
Price to Book Value per Share Ratio
NexGen Energy has a P/B Ratio of 6.78. 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 (TSE: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 10, 2024 | seekingalpha.com

NXE:CA NexGen Energy Ltd.

April 3, 2024 | juniorminingnetwork.com

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

April 18, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 12, 2024 | ca.finance.yahoo.com

An alert Polish taxi driver averts a scam in which an elderly woman could have lost about $36,000

March 8, 2024 | finance.yahoo.com

NXE Apr 2024 12.000 put

March 8, 2024 | finance.yahoo.com

NXE Apr 2024 10.000 call

March 4, 2024 | msn.com

Uranium Surge Revives Old Mines, Sparks Mergers Across Sector

March 4, 2024 | ca.finance.yahoo.com

NXE Apr 2024 6.000 put

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March 1, 2024 | msn.com

Why is NexGen energy (TSX: NXE) soaring today?

February 7, 2024 | markets.businessinsider.com

The 3 Most Undervalued Renewable Energy Stocks to Buy in February 2024

February 5, 2024 | theglobeandmail.com

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February 5, 2024 | theglobeandmail.com

LoveNSpire Unveils Traditional Ethnic Collection for Housewarming Celebrations

January 17, 2024 | theglobeandmail.com

Uranium Mining Market Performance Booming as Demand Skyrockets, Projected to Reach $11 Billion

December 13, 2023 | finance.yahoo.com

Is NexGen Energy Ltd. (TSE:NXE) Trading At A 48% Discount?

November 28, 2023 | markets.businessinsider.com

Analysts’ Top NA Picks: Northern Oil And Gas (NOG), NexGen Energy (NXE)

November 27, 2023 | finance.yahoo.com

12 Best Nuclear Energy Stocks To Buy Today

November 20, 2023 | finance.yahoo.com

NexGen Energy to Host Q3 Conference Call on Rook I Project Developments

November 9, 2023 | juniorminingnetwork.com

NexGen Energy Receives Provincial Environmental Assessment Approval for the Rook I Project

November 9, 2023 | msn.com

NexGen wins provincial environmental assessment OK for Rook I uranium project

October 20, 2023 | proactiveinvestors.com

5 uranium stocks that are top takeover targets

October 5, 2023 | msn.com

NexGen Energy (NXE) Price Target Increased by 6.60% to 7.92

October 3, 2023 | uk.investing.com

5 biggest uranium stocks - and 5 more you haven't heard about yet

September 24, 2023 | proactiveinvestors.com

NexGen Energy takeover likely as uranium M&A looks ready to heat up

August 31, 2023 | msn.com

NexGen Energy gets $110M debenture financing

August 31, 2023 | finance.yahoo.com

NexGen Announces US$110 Million Convertible Debenture Financing and Strategic Purchase of Common Shares

August 29, 2023 | seekingalpha.com

NexGen names Ben Salter as Chief Financial Officer

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/01/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Uranium
Sub-Industry: N/A
Current Symbol: TSE:NXE
CUSIP: N/A
CIK: N/A
Web: www.nexgenenergy.ca
Phone: 16044284112
Fax: N/A
Employees: 77
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$13.16
High Stock Price Target: C$21.00
Low Stock Price Target: C$11.00
Potential Upside/Downside: +24.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.16
Trailing P/E Ratio: 66.13
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$80.82 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 11.00%
Return on Assets: -6.78%

Debt

Debt-to-Equity Ratio: 19.56
Current Ratio: 11.00
Quick Ratio: 8.20

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.59 per share
Price / Cash Flow: 18.08
Book Value: C$1.56 per share
Price / Book: 6.78

Miscellaneous

Outstanding Shares: 539,550,000
Free Float: N/A
Market Cap: C$5.71 billion
Optionable: Not Optionable
Beta: 1.80

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Key Executives

Mr. Leigh Robert Curyer ACA (Age 52)
BA (Acc), Founder, President, CEO & Director
Comp: $1.53M
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

Insiders

View All Insider Transactions

NXE Stock Analysis - Frequently Asked Questions

Should I buy or sell NexGen Energy stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NexGen Energy in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research 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?: 4 Wall Street analysts have issued 1-year price objectives for NexGen Energy's shares. Their NXE share price targets range from C$11.00 to C$21.00. On average, they anticipate the company's stock price to reach C$13.16 in the next twelve months. This suggests a possible upside of 24.4% 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 C$9.27 at the beginning of 2024. Since then, NXE stock has increased by 14.1% and is now trading at C$10.58.
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. (TSE:NXE) released its quarterly earnings results on Wednesday, March, 6th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.06.
How do I buy shares of NexGen Energy?: Shares of NXE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:NXE) was last updated on 4/18/2024 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

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About NexGen Energy Stock (TSE: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

Insiders

NXE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™