New Era Energy & Digital (NASDAQ:NUAI) Shares Gap Up on Analyst Upgrade

New Era Energy & Digital Inc (NASDAQ:NUAIGet Free Report)’s share price gapped up before the market opened on Monday after Wall Street Zen upgraded the stock from a strong sell rating to a sell rating. The stock had previously closed at $4.07, but opened at $4.44. New Era Energy & Digital shares last traded at $4.9660, with a volume of 8,926,713 shares changing hands.

A number of other brokerages have also weighed in on NUAI. Northland Securities started coverage on shares of New Era Energy & Digital in a research note on Thursday, April 16th. They set an “outperform” rating and a $11.00 target price for the company. Zacks Research upgraded New Era Energy & Digital to a “hold” rating in a research note on Friday, April 17th. New Street Research set a $10.00 price objective on New Era Energy & Digital in a report on Tuesday, July 7th. Texas Capital upgraded New Era Energy & Digital to a “strong-buy” rating in a research report on Thursday, April 16th. Finally, Weiss Ratings cut New Era Energy & Digital from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $10.33.

Check Out Our Latest Report on NUAI

Institutional Trading of New Era Energy & Digital

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Great Valley Advisor Group Inc. bought a new position in New Era Energy & Digital in the fourth quarter worth approximately $29,000. Main Street Financial Solutions LLC bought a new stake in shares of New Era Energy & Digital during the 4th quarter valued at $32,000. W.G. Shaheen & Associates DBA Whitney & Co purchased a new stake in shares of New Era Energy & Digital in the 4th quarter worth $41,000. Bridgeway Capital Management LLC purchased a new stake in shares of New Era Energy & Digital in the 4th quarter worth $44,000. Finally, Concurrent Investment Advisors LLC purchased a new stake in shares of New Era Energy & Digital in the 4th quarter worth $46,000. 21.90% of the stock is owned by hedge funds and other institutional investors.

New Era Energy & Digital Stock Performance

The stock has a fifty day moving average of $5.04 and a 200 day moving average of $4.87. The company has a market capitalization of $521.64 million, a P/E ratio of -5.26 and a beta of 1.21.

New Era Energy & Digital (NASDAQ:NUAIGet Free Report) last released its earnings results on Friday, May 15th. The company reported ($0.16) earnings per share (EPS) for the quarter. New Era Energy & Digital had a negative return on equity of 687.58% and a negative net margin of 2,592.43%.The firm had revenue of $0.80 million during the quarter. Research analysts anticipate that New Era Energy & Digital Inc will post -0.43 EPS for the current fiscal year.

About New Era Energy & Digital

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New Era Energy & Digital, Inc, operates as an exploration and production platform, engages in the exploration, development, and production of helium, oil and natural gas, and natural gas liquids in the United States. The company owns and operates a portfolio of approximately 137,000 acres in Southeast New Mexico. Its flagship Pecos Slope Field covering an area of 1893 square kilometers located 20 miles north of Roswell, New Mexico. It serves Tier 2 gas companies and balloon gas distributors. The company was formerly known as New Era Helium, Inc and changed its name to New Era Energy & Digital, Inc in August 2025.

Further Reading

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