Brokers Offer Predictions for NexGen Energy FY2026 Earnings

NexGen Energy Ltd. (NYSE:NXE) – Analysts at Raymond James issued their FY2026 EPS estimates for NexGen Energy in a report issued on Thursday, May 15th. Raymond James analyst B. Macarthur forecasts that the company will post earnings per share of ($0.09) for the year. Raymond James currently has a “Outperform” rating on the stock. The consensus estimate for NexGen Energy’s current full-year earnings is ($0.05) per share.

NexGen Energy (NYSE:NXE) last released its earnings results on Monday, May 12th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.04).

Other equities analysts have also issued reports about the stock. Stifel Nicolaus assumed coverage on shares of NexGen Energy in a report on Wednesday, March 12th. They issued a “buy” rating on the stock. Stifel Canada upgraded shares of NexGen Energy to a “strong-buy” rating in a report on Tuesday, March 11th. Finally, Scotiabank reiterated an “outperform” rating on shares of NexGen Energy in a report on Thursday, March 6th. Three equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

NexGen Energy Trading Down 1.6%

NXE opened at $5.37 on Monday. The firm has a market capitalization of $3.06 billion, a PE ratio of 35.80 and a beta of 1.50. NexGen Energy has a twelve month low of $3.91 and a twelve month high of $8.96. The firm’s 50-day moving average price is $4.92 and its 200 day moving average price is $6.19.

Institutional Investors Weigh In On NexGen Energy

A number of hedge funds have recently added to or reduced their stakes in the business. Azarias Capital Management L.P. increased its position in shares of NexGen Energy by 15.3% in the 4th quarter. Azarias Capital Management L.P. now owns 2,038,627 shares of the company’s stock valued at $13,455,000 after purchasing an additional 271,153 shares during the last quarter. Van ECK Associates Corp increased its position in shares of NexGen Energy by 79.7% in the 4th quarter. Van ECK Associates Corp now owns 8,481,026 shares of the company’s stock valued at $55,971,000 after purchasing an additional 3,762,756 shares during the last quarter. Jennison Associates LLC purchased a new stake in shares of NexGen Energy in the 4th quarter valued at approximately $2,487,000. Vontobel Holding Ltd. increased its position in shares of NexGen Energy by 94.0% in the 4th quarter. Vontobel Holding Ltd. now owns 56,874 shares of the company’s stock valued at $375,000 after purchasing an additional 27,565 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of NexGen Energy by 954.8% in the 4th quarter. Bank of New York Mellon Corp now owns 1,876,558 shares of the company’s stock valued at $12,385,000 after purchasing an additional 1,698,649 shares during the last quarter. 42.43% of the stock is currently owned by institutional investors and hedge funds.

NexGen Energy Company Profile

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 a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.