HC Wainwright Has Negative Forecast for WWR FY2026 Earnings

Westwater Resources, Inc. (NASDAQ:WWR) – HC Wainwright reduced their FY2026 earnings per share (EPS) estimates for shares of Westwater Resources in a research note issued on Thursday, June 12th. HC Wainwright analyst H. Ihle now anticipates that the basic materials company will post earnings of $0.17 per share for the year, down from their previous estimate of $0.18. HC Wainwright has a “Buy” rating and a $2.00 price objective on the stock.

Separately, Wall Street Zen assumed coverage on Westwater Resources in a research report on Wednesday, May 21st. They set a “sell” rating for the company.

Westwater Resources Trading Down 6.5%

Westwater Resources stock opened at $0.56 on Friday. The firm has a market capitalization of $42.50 million, a P/E ratio of -4.28 and a beta of 1.06. Westwater Resources has a 1 year low of $0.45 and a 1 year high of $1.32. The business has a 50-day moving average of $0.51 and a 200-day moving average of $0.65.

Hedge Funds Weigh In On Westwater Resources

Institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC grew its position in shares of Westwater Resources by 165.3% in the 4th quarter. Jane Street Group LLC now owns 56,249 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 35,046 shares during the period. Virtu Financial LLC grew its position in shares of Westwater Resources by 29.1% in the 4th quarter. Virtu Financial LLC now owns 85,116 shares of the basic materials company’s stock valued at $60,000 after purchasing an additional 19,211 shares during the period. Renaissance Technologies LLC grew its position in shares of Westwater Resources by 536.3% in the 4th quarter. Renaissance Technologies LLC now owns 99,201 shares of the basic materials company’s stock valued at $70,000 after purchasing an additional 83,611 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Westwater Resources in the 1st quarter valued at approximately $55,000. Finally, Northern Trust Corp grew its position in shares of Westwater Resources by 34.7% in the 4th quarter. Northern Trust Corp now owns 127,960 shares of the basic materials company’s stock valued at $91,000 after purchasing an additional 32,952 shares during the period. 7.72% of the stock is currently owned by institutional investors and hedge funds.

About Westwater Resources

Westwater Resources, Inc operates as an energy technology company, focuses on developing battery-grade natural graphite materials. The company holds interests in Kellyton Graphite Plant located in Kellyton, Alabama; and Bama Mine Project situated in south Alabama. It holds interests in Coosa graphite project located in Coosa County, Alabama.