Brokers Issue Forecasts for NexGen Energy FY2026 Earnings

NexGen Energy (NYSE:NXE) – Research analysts at Scotiabank raised their FY2026 earnings per share estimates for NexGen Energy in a note issued to investors on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $0.00 for the year, up from their prior estimate of ($0.09). Scotiabank currently has a “Outperform” rating on the stock. Scotiabank also issued estimates for NexGen Energy’s FY2027 earnings at ($0.17) EPS.

Several other brokerages have also recently weighed in on NXE. Wall Street Zen raised shares of NexGen Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings restated a “sell (d-)” rating on shares of NexGen Energy in a report on Tuesday, June 2nd. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

NexGen Energy Stock Performance

NYSE NXE opened at $10.93 on Monday. NexGen Energy has a 52 week low of $7.03 and a 52 week high of $13.96. The stock’s 50 day moving average price is $9.81 and its two-hundred day moving average price is $11.06. The stock has a market capitalization of $7.31 billion, a price-to-earnings ratio of -27.31 and a beta of 1.40.

Institutional Trading of NexGen Energy

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Leonteq Securities AG grew its stake in NexGen Energy by 88.2% in the first quarter. Leonteq Securities AG now owns 2,343 shares of the company’s stock valued at $28,000 after purchasing an additional 1,098 shares in the last quarter. Trifecta Capital Advisors LLC acquired a new position in shares of NexGen Energy during the 2nd quarter worth approximately $46,000. SBI Securities Co. Ltd. raised its stake in shares of NexGen Energy by 454.3% during the 4th quarter. SBI Securities Co. Ltd. now owns 7,965 shares of the company’s stock worth $73,000 after purchasing an additional 6,528 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of NexGen Energy during the 2nd quarter worth approximately $76,000. Finally, Jump Financial LLC acquired a new stake in shares of NexGen Energy in the 4th quarter valued at approximately $93,000. Institutional investors own 42.43% of the company’s stock.

NexGen Energy Company Profile

NexGen Energy is a Canada-based uranium exploration and development company focused on advancing its flagship Rook I project in the Athabasca Basin of northern Saskatchewan. The company’s primary activities include resource delineation, feasibility studies, and permitting for its high-grade Arrow deposit, one of the largest undeveloped uranium discoveries in the region. NexGen’s technical team employs advanced drilling, geophysical and geochemical techniques to expand and define its resource base, with the aim of delivering a robust, low-cost supply of uranium to global nuclear power markets.

The Rook I project sits within one of the world’s most prolific uranium districts, offering excellent infrastructure access, a skilled local workforce and a supportive regulatory regime.