HC Wainwright Has Positive Outlook of NB FY2026 Earnings

NioCorp Developments Ltd. (NASDAQ:NB) – Equities research analysts at HC Wainwright increased their FY2026 EPS estimates for shares of NioCorp Developments in a research note issued on Monday, September 22nd. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of ($0.28) for the year, up from their prior forecast of ($0.37). HC Wainwright currently has a “Buy” rating and a $8.25 price target on the stock. The consensus estimate for NioCorp Developments’ current full-year earnings is ($0.34) per share.

NioCorp Developments (NASDAQ:NB) last posted its earnings results on Friday, July 11th. The company reported ($0.16) EPS for the quarter. NioCorp Developments has set its FY 2025 guidance at -0.350–0.350 EPS.

Separately, Maxim Group lifted their target price on NioCorp Developments from $4.00 to $5.00 and gave the company a “buy” rating in a research note on Friday, July 11th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, NioCorp Developments currently has a consensus rating of “Buy” and a consensus target price of $6.63.

NioCorp Developments Trading Up 5.2%

Shares of NASDAQ NB opened at $6.46 on Wednesday. NioCorp Developments has a 12-month low of $1.27 and a 12-month high of $6.83. The company has a market cap of $502.31 million, a PE ratio of -19.00 and a beta of -0.29. The stock has a 50 day simple moving average of $4.30 and a 200-day simple moving average of $3.08.

Institutional Investors Weigh In On NioCorp Developments

A number of institutional investors have recently added to or reduced their stakes in NB. ProShare Advisors LLC bought a new position in NioCorp Developments during the 2nd quarter valued at $25,000. KPP Advisory Services LLC acquired a new stake in shares of NioCorp Developments in the second quarter valued at $25,000. Wealth Enhancement Advisory Services LLC bought a new position in NioCorp Developments during the second quarter valued at about $27,000. Police & Firemen s Retirement System of New Jersey acquired a new position in NioCorp Developments during the second quarter worth about $30,000. Finally, Blue Capital Inc. bought a new stake in NioCorp Developments in the second quarter worth about $36,000. 4.03% of the stock is currently owned by institutional investors and hedge funds.

NioCorp Developments Company Profile

NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska.