What is HC Wainwright’s Forecast for NB FY2026 Earnings?

NioCorp Developments Ltd. (NASDAQ:NB) – HC Wainwright upped their FY2026 earnings estimates for NioCorp Developments in a report released on Wednesday, July 15th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.36) for the year, up from their prior estimate of ($0.42). HC Wainwright currently has a “Buy” rating on the stock. The consensus estimate for NioCorp Developments’ current full-year earnings is ($0.46) per share.

NioCorp Developments (NASDAQ:NB) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02).

Several other analysts also recently weighed in on the company. Zacks Research downgraded NioCorp Developments from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Weiss Ratings reissued a “sell (d-)” rating on shares of NioCorp Developments in a report on Tuesday, April 21st. Wall Street Zen cut NioCorp Developments from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. Finally, B. Riley Financial started coverage on NioCorp Developments in a report on Tuesday, June 9th. They set a “buy” rating and a $12.00 target price for the company. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $10.23.

NioCorp Developments Price Performance

NASDAQ NB opened at $4.26 on Friday. The company has a market cap of $620.21 million, a price-to-earnings ratio of -6.26 and a beta of 0.24. The stock’s fifty day moving average price is $5.17 and its 200 day moving average price is $5.49. NioCorp Developments has a 1 year low of $2.64 and a 1 year high of $12.58.

Institutional Investors Weigh In On NioCorp Developments

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NB. Allen Capital Group LLC raised its stake in shares of NioCorp Developments by 15.8% during the 1st quarter. Allen Capital Group LLC now owns 19,718 shares of the company’s stock valued at $88,000 after buying an additional 2,690 shares during the last quarter. Altshuler Shaham Ltd acquired a new position in shares of NioCorp Developments in the 1st quarter valued at about $61,000. Talon Private Wealth LLC purchased a new stake in shares of NioCorp Developments in the first quarter worth about $53,000. Royal Bank of Canada boosted its stake in shares of NioCorp Developments by 333.5% in the first quarter. Royal Bank of Canada now owns 48,862 shares of the company’s stock worth $217,000 after buying an additional 37,590 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in NioCorp Developments during the first quarter worth about $694,000. 4.03% of the stock is owned by institutional investors and hedge funds.

NioCorp Developments Company Profile

NioCorp Developments Ltd is a North American critical minerals development company focused on advancing its flagship Elk Creek Critical Minerals Project in southeastern Nebraska. The company’s primary business activity centers on the exploration, evaluation and development of a polymetallic deposit that hosts significant quantities of niobium, scandium and titanium. Through metallurgical testing and prefeasibility studies, NioCorp aims to produce high-purity ferroniobium, high-purity titanium dioxide slag and scandium oxide for industrial, aerospace and clean-energy applications.

At the heart of NioCorp’s operations is the Elk Creek project, where the company holds surface rights and mineral leases across approximately 7,100 acres of land.