FY2025 EPS Forecast for NexGen Energy Decreased by Analyst

NexGen Energy (NYSE:NXE) – Desjardins lowered their FY2025 earnings per share (EPS) estimates for NexGen Energy in a research note issued on Wednesday, November 12th. Desjardins analyst B. Adams now anticipates that the company will earn ($0.37) per share for the year, down from their prior forecast of ($0.22). The consensus estimate for NexGen Energy’s current full-year earnings is ($0.05) per share. Desjardins also issued estimates for NexGen Energy’s FY2026 earnings at ($0.16) EPS and FY2027 earnings at ($0.31) EPS.

NexGen Energy (NYSE:NXE) last released its quarterly earnings results on Wednesday, November 5th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01).

A number of other brokerages also recently issued reports on NXE. Zacks Research raised NexGen Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, October 13th. TD Securities reaffirmed a “buy” rating on shares of NexGen Energy in a research report on Friday, August 8th. Raymond James Financial reissued an “outperform” rating on shares of NexGen Energy in a report on Friday, October 10th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of NexGen Energy in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

NexGen Energy Stock Up 1.2%

NYSE:NXE opened at $8.02 on Monday. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of -32.06 and a beta of 1.44. NexGen Energy has a 52 week low of $3.91 and a 52 week high of $9.95. The firm has a 50 day moving average of $8.71 and a 200 day moving average of $7.38.

Institutional Trading of NexGen Energy

Several large investors have recently added to or reduced their stakes in NXE. Versant Capital Management Inc raised its stake in shares of NexGen Energy by 287,500.0% in the third quarter. Versant Capital Management Inc now owns 2,876 shares of the company’s stock worth $26,000 after purchasing an additional 2,875 shares during the last quarter. CWM LLC purchased a new stake in NexGen Energy in the third quarter valued at approximately $41,000. Compound Planning Inc. acquired a new position in NexGen Energy in the 1st quarter worth approximately $46,000. PenderFund Capital Management Ltd. raised its position in NexGen Energy by 45.0% during the 1st quarter. PenderFund Capital Management Ltd. now owns 11,600 shares of the company’s stock worth $52,000 after buying an additional 3,600 shares during the last quarter. Finally, Ground Swell Capital LLC purchased a new position in NexGen Energy during the 1st quarter worth approximately $55,000. Hedge funds and other institutional investors own 42.43% of the company’s stock.

NexGen Energy Company Profile

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.