Brokers Issue Forecasts for NexGen Energy FY2027 Earnings

NexGen Energy Ltd. (NYSE:NXE) – Research analysts at Ventum Cap Mkts increased their FY2027 EPS estimates for shares of NexGen Energy in a research report issued to clients and investors on Wednesday, March 12th. Ventum Cap Mkts analyst A. Terentiew now forecasts that the company will post earnings per share of ($0.06) for the year, up from their prior forecast of ($0.14). The consensus estimate for NexGen Energy’s current full-year earnings is ($0.05) per share. Ventum Cap Mkts also issued estimates for NexGen Energy’s FY2028 earnings at ($0.13) EPS.

A number of other analysts have also recently commented on NXE. Stifel Canada upgraded shares of NexGen Energy to a “strong-buy” rating in a research note on Tuesday, March 11th. Scotiabank reiterated an “outperform” rating on shares of NexGen Energy in a research note on Thursday, March 6th. Finally, Stifel Nicolaus started coverage on shares of NexGen Energy in a research report on Wednesday, March 12th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Strong Buy”.

NexGen Energy Stock Down 0.1 %

NXE stock opened at $4.82 on Monday. The firm has a 50 day moving average of $6.03 and a 200 day moving average of $6.76. The stock has a market capitalization of $2.74 billion, a PE ratio of 32.10 and a beta of 1.97. NexGen Energy has a 52 week low of $4.44 and a 52 week high of $8.96.

Hedge Funds Weigh In On NexGen Energy

Institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its position in NexGen Energy by 284.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,000 shares of the company’s stock worth $33,000 after buying an additional 3,700 shares during the last quarter. Altshuler Shaham Ltd purchased a new position in NexGen Energy during the 4th quarter worth approximately $51,000. Mariner LLC purchased a new position in NexGen Energy during the 4th quarter worth approximately $68,000. Larson Financial Group LLC increased its holdings in shares of NexGen Energy by 122.7% during the 3rd quarter. Larson Financial Group LLC now owns 10,575 shares of the company’s stock valued at $69,000 after purchasing an additional 5,827 shares in the last quarter. Finally, Silver Lake Advisory LLC purchased a new position in shares of NexGen Energy during the 4th quarter valued at approximately $73,000. 42.43% of the stock is owned by hedge funds and other institutional investors.

About NexGen Energy

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.