Brokers Offer Predictions for NexGen Energy FY2026 Earnings

NexGen Energy (NYSE:NXE) – Stock analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for shares of NexGen Energy in a research report issued to clients and 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 has a “Outperform” rating on the stock. Scotiabank also issued estimates for NexGen Energy’s FY2027 earnings at ($0.17) EPS.

A number of other research analysts also recently commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of NexGen Energy in a research note on Tuesday, June 2nd. Wall Street Zen raised NexGen Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, NexGen Energy has an average rating of “Hold”.

NexGen Energy Trading Up 2.6%

Shares of NYSE:NXE opened at $11.21 on Monday. The firm has a market cap of $7.51 billion, a price-to-earnings ratio of -28.03 and a beta of 1.40. NexGen Energy has a 1 year low of $7.12 and a 1 year high of $13.96. The business has a fifty day simple moving average of $9.82 and a 200 day simple moving average of $11.05.

Institutional Investors Weigh In On NexGen Energy

Several institutional investors and hedge funds have recently modified their holdings of the business. Leonteq Securities AG raised its position in shares of 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 during the period. Trifecta Capital Advisors LLC bought a new stake in shares of NexGen Energy during the 2nd quarter worth $46,000. SBI Securities Co. Ltd. boosted its holdings 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 buying an additional 6,528 shares during the period. Flow Traders U.S. LLC acquired a new position in NexGen Energy in the 2nd quarter valued at $76,000. Finally, Jump Financial LLC acquired a new position in NexGen Energy in the 4th quarter valued at $93,000. Institutional investors and hedge funds own 42.43% of the company’s stock.

About NexGen Energy

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.