New Era Energy & Digital (NASDAQ:NUAI) Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen downgraded shares of New Era Energy & Digital (NASDAQ:NUAI) from a sell rating to a strong sell rating in a research note released on Saturday morning.

NUAI has been the subject of several other reports. New Street Research set a $10.00 price objective on New Era Energy & Digital in a research report on Tuesday, July 7th. Zacks Research upgraded New Era Energy & Digital to a “hold” rating in a research report on Friday, April 17th. Weiss Ratings lowered New Era Energy & Digital from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 22nd. B. Riley Financial assumed coverage on New Era Energy & Digital in a report on Tuesday, July 7th. They set a “buy” rating and a $10.00 price target for the company. Finally, Texas Capital upgraded shares of New Era Energy & Digital to a “strong-buy” rating in a report on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $10.33.

New Era Energy & Digital Trading Up 9.4%

New Era Energy & Digital stock opened at $5.10 on Friday. The company has a 50-day moving average price of $5.12 and a 200 day moving average price of $4.98. New Era Energy & Digital has a 12-month low of $0.32 and a 12-month high of $9.44. The stock has a market cap of $516.58 million, a P/E ratio of -5.20 and a beta of 1.25.

New Era Energy & Digital (NASDAQ:NUAI) last posted its earnings results on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. New Era Energy & Digital had a negative net margin of 2,592.43% and a negative return on equity of 687.58%. The firm had revenue of $0.80 million during the quarter. As a group, analysts forecast that New Era Energy & Digital will post -0.43 EPS for the current year.

Institutional Trading of New Era Energy & Digital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NUAI. Bank of America Corp DE lifted its stake in New Era Energy & Digital by 228.4% during the first quarter. Bank of America Corp DE now owns 51,605 shares of the company’s stock worth $210,000 after purchasing an additional 35,892 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of New Era Energy & Digital by 17,933.3% in the 1st quarter. Royal Bank of Canada now owns 69,789 shares of the company’s stock valued at $283,000 after buying an additional 69,402 shares during the period. Cetera Investment Advisers purchased a new stake in shares of New Era Energy & Digital in the 1st quarter valued at $70,000. First Trust Advisors LP lifted its stake in New Era Energy & Digital by 113.5% during the 1st quarter. First Trust Advisors LP now owns 1,614,504 shares of the company’s stock worth $6,555,000 after acquiring an additional 858,329 shares in the last quarter. Finally, Apollon Wealth Management LLC acquired a new position in New Era Energy & Digital during the 1st quarter worth about $77,000. Hedge funds and other institutional investors own 21.90% of the company’s stock.

About New Era Energy & Digital

New Era Energy & Digital, Inc, operates as an exploration and production platform, engages in the exploration, development, and production of helium, oil and natural gas, and natural gas liquids in the United States. The company owns and operates a portfolio of approximately 137,000 acres in Southeast New Mexico. Its flagship Pecos Slope Field covering an area of 1893 square kilometers located 20 miles north of Roswell, New Mexico. It serves Tier 2 gas companies and balloon gas distributors. The company was formerly known as New Era Helium, Inc and changed its name to New Era Energy & Digital, Inc in August 2025.