New Era Energy & Digital (NASDAQ:NUAI) Stock Price Target Raised at Roth Capital

New Era Energy & Digital (NASDAQ:NUAI) had its price target lifted by Roth Capital from $7.00 to $17.00 in a research report released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also commented on NUAI. Wall Street Zen lowered New Era Energy & Digital from a “sell” rating to a “strong sell” rating in a report on Saturday, August 1st. Alliance Global Partners began coverage on New Era Energy & Digital in a report on Thursday, November 5th. They set a “buy” rating and a $6.00 price target for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of New Era Energy & Digital in a research report on Thursday. Northland Securities set a $12.00 price objective on New Era Energy & Digital in a research report on Tuesday, August 18th. Finally, B. Riley Financial dropped their price objective on New Era Energy & Digital from $13.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, New Era Energy & Digital has an average rating of “Moderate Buy” and an average target price of $11.00.

New Era Energy & Digital Stock Up 17.6%

Shares of NUAI traded up $0.48 during midday trading on Friday, reaching $3.20. The stock had a trading volume of 21,120,677 shares, compared to its average volume of 11,790,801. New Era Energy & Digital has a 1-year low of $1.57 and a 1-year high of $9.44. The company’s fifty day simple moving average is $4.52 and its two-hundred day simple moving average is $4.84. The company has a market cap of $375.33 million, a price-to-earnings ratio of -3.44 and a beta of 1.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 14.21 and a quick ratio of 14.21.

New Era Energy & Digital (NASDAQ:NUAI) last released its quarterly earnings data 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). The firm had revenue of $0.15 million for the quarter. New Era Energy & Digital had a negative return on equity of 121.03% and a negative net margin of 5,349.49%. Equities research analysts expect that New Era Energy & Digital will post -0.59 earnings per share for the current year.

Insider Buying and Selling at New Era Energy & Digital

In other news, major shareholder Kent C. Mccarthy sold 4,090,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $3.61, for a total transaction of $14,764,900.00. Following the completion of the sale, the insider owned 5,460,000 shares in the company, valued at approximately $19,710,600. The trade was a 42.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Quantbot Technologies LP purchased a new stake in New Era Energy & Digital in the second quarter valued at $36,000. Legal & General Group Plc acquired a new position in New Era Energy & Digital in the second quarter valued at $50,000. State of Wyoming acquired a new position in New Era Energy & Digital in the second quarter valued at $51,000. Integrated Wealth Concepts LLC acquired a new position in New Era Energy & Digital in the second quarter valued at $64,000. Finally, Cetera Investment Advisers purchased a new position in shares of New Era Energy & Digital during the first quarter worth about $70,000. 21.90% of the stock is owned by hedge funds and other institutional investors.

Key New Era Energy & Digital News

Here’s some of the latest news about NUAI:

• 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

New Era Energy & Digital Company Profile

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.