New Era Energy & Digital (NASDAQ:NUAI – Get Free Report) had its price objective raised by investment analysts at Roth Capital from $7.00 to $17.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the stock. Roth Capital‘s target price indicates a potential upside of 431.25% from the stock’s previous close.
NUAI has been the topic of several other reports. Alliance Global Partners started coverage on New Era Energy & Digital in a research report on Thursday, November 5th. They set a “buy” rating and a $6.00 price objective on the stock. Northland Securities set a $12.00 target price on New Era Energy & Digital in a research note on Tuesday, August 18th. B. Riley Financial dropped their price target on New Era Energy & Digital from $13.00 to $10.00 and set a “buy” rating on the stock in a research report on Friday, October 30th. Wall Street Zen downgraded New Era Energy & Digital from a “sell” rating to a “strong sell” rating in a report on Saturday, August 1st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of New Era Energy & Digital in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $11.00.
Read Our Latest Stock Analysis on NUAI
New Era Energy & Digital Trading Up 17.6%
Shares of NUAI traded up $0.48 during trading hours on Friday, reaching $3.20. 21,120,677 shares of the company traded hands, compared to its average volume of 11,790,801. The company’s fifty day moving average price is $4.52 and its two-hundred day moving average price is $4.84. The company has a market capitalization of $375.33 million, a price-to-earnings ratio of -3.44 and a beta of 1.30. The company has a quick ratio of 14.21, a current ratio of 14.21 and a debt-to-equity ratio of 0.11. New Era Energy & Digital has a 12 month low of $1.57 and a 12 month high of $9.44.
New Era Energy & Digital (NASDAQ:NUAI – Get Free Report) last announced its quarterly earnings results on Thursday, November 12th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.02). New Era Energy & Digital had a negative net margin of 5,349.49% and a negative return on equity of 121.03%. The company had revenue of $0.15 million for the quarter. Equities research analysts predict that New Era Energy & Digital will post -0.59 earnings per share for the current fiscal year.
Insider Buying and Selling at New Era Energy & Digital
In related news, major shareholder Kent C. Mccarthy sold 4,090,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The stock was sold at an average price of $3.61, for a total transaction of $14,764,900.00. Following the completion of the transaction, the insider owned 5,460,000 shares of the company’s stock, valued at $19,710,600. This trade represents a 42.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.60% of the stock is owned by insiders.
Institutional Investors Weigh In On New Era Energy & Digital
Several hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in shares of New Era Energy & Digital in the 2nd quarter worth about $45,986,000. State Street Corp boosted its stake in New Era Energy & Digital by 2,040.0% in the 2nd quarter. State Street Corp now owns 4,179,391 shares of the company’s stock worth $26,665,000 after purchasing an additional 3,984,091 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in New Era Energy & Digital in the 2nd quarter worth about $10,927,000. First Trust Advisors LP boosted its stake in New Era Energy & Digital by 113.5% in the 1st quarter. First Trust Advisors LP now owns 1,614,504 shares of the company’s stock worth $6,555,000 after purchasing an additional 858,329 shares in the last quarter. Finally, Plustick Management LLC purchased a new stake in New Era Energy & Digital during the 3rd quarter valued at about $4,200,000. 21.90% of the stock is owned by institutional investors.
Recent New Era Energy & Digital Headlines
These are some of the NUAI headlines that stood out recently:
- Positive Sentiment: New Era Energy & Digital signed a 20-year agreement for 207 megawatts of power, while management expects modular Phase 1 construction costs to be cut in half. Those developments could improve the project’s economics and support long-term growth expectations. Article: New Era Energy & Digital: 3 Key Takeaways for Long-Term Investors
- Neutral Sentiment: Northland Securities slightly improved its FY2028 EPS estimate to a loss of $0.71 per share from a loss of $0.72. The adjustment is modest, and the forecast still indicates the company would remain unprofitable. Analyst estimate details
- Negative Sentiment: Northland cut several earnings forecasts, including FY2026 EPS to a loss of $0.77 from $0.51, FY2027 to a loss of $1.19 from $1.07, and estimates for multiple 2027 quarters. The revisions signal a weaker near-term earnings outlook and could temper enthusiasm about the company’s longer-term projects. Analyst estimate details
About New Era Energy & Digital
New Era Energy & Digital, Inc. develops energy and digital infrastructure, with a strategic focus on data center projects supported by power generation and related energy resources. Its plans are aimed at serving the electricity and infrastructure needs of data-intensive computing, including artificial intelligence and high-performance computing. The company’s roots are in New Era Helium, which pursued helium and natural gas exploration and development in the Permian Basin of Texas. It has since shifted its emphasis toward integrating energy development with large-scale digital infrastructure.
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