FY2026 EPS Estimate for NioCorp Developments Cut by Analyst

NioCorp Developments Ltd. (NASDAQ:NB) – Stock analysts at HC Wainwright reduced their FY2026 EPS estimates for shares of NioCorp Developments in a research note issued to investors on Monday, December 8th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of ($0.71) per share for the year, down from their previous forecast of ($0.28). HC Wainwright has a “Buy” rating and a $9.50 price objective on the stock. The consensus estimate for NioCorp Developments’ current full-year earnings is ($0.34) per share.

NioCorp Developments (NASDAQ:NB) last issued its earnings results on Thursday, September 11th. The company reported ($0.19) EPS for the quarter.

Several other analysts have also recently issued reports on NB. William Blair started coverage on NioCorp Developments in a report on Monday, October 20th. They issued an “outperform” rating for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of NioCorp Developments in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $7.25.

NioCorp Developments Stock Performance

NASDAQ:NB opened at $6.33 on Wednesday. NioCorp Developments has a one year low of $1.36 and a one year high of $12.58. The stock has a market cap of $755.55 million, a PE ratio of -7.72 and a beta of -0.16. The stock has a 50 day moving average price of $7.20 and a 200 day moving average price of $4.97.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. CreativeOne Wealth LLC boosted its holdings in shares of NioCorp Developments by 76.0% during the first quarter. CreativeOne Wealth LLC now owns 29,983 shares of the company’s stock worth $59,000 after purchasing an additional 12,946 shares during the last quarter. Armistice Capital LLC acquired a new position in NioCorp Developments in the first quarter valued at $2,573,000. Wealth Enhancement Advisory Services LLC purchased a new position in NioCorp Developments during the second quarter worth about $27,000. KPP Advisory Services LLC acquired a new stake in NioCorp Developments in the 2nd quarter worth about $25,000. Finally, Bank of Montreal Can grew its holdings in NioCorp Developments by 62.7% in the 2nd quarter. Bank of Montreal Can now owns 17,955 shares of the company’s stock valued at $42,000 after buying an additional 6,920 shares during the period. Hedge funds and other institutional investors own 4.03% of the company’s stock.

About NioCorp Developments

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.