New Era Energy & Digital (NASDAQ:NUAI) Trading Down 5.9% – Here’s What Happened

New Era Energy & Digital Inc (NASDAQ:NUAI) was down 5.9% on Friday . The stock traded as low as $5.21 and last traded at $5.24. Approximately 1,102,037 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 6,436,268 shares. The stock had previously closed at $5.57.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on NUAI shares. B. Riley Financial began coverage on shares of New Era Energy & Digital in a report on Tuesday, July 7th. They set a “buy” rating and a $10.00 price objective on the stock. Wall Street Zen cut shares of New Era Energy & Digital from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. New Street Research set a $10.00 target price on shares of New Era Energy & Digital in a research report on Tuesday, July 7th. Weiss Ratings upgraded shares of New Era Energy & Digital from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, August 14th. Finally, Northland Securities set a $12.00 price target on shares of New Era Energy & Digital in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, New Era Energy & Digital has a consensus rating of “Moderate Buy” and a consensus price target of $10.67.

New Era Energy & Digital Trading Down 12.7%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.10 and a current ratio of 14.21. The company has a 50 day simple moving average of $5.17 and a two-hundred day simple moving average of $4.89. The firm has a market cap of $517.88 million, a PE ratio of -4.96 and a beta of 1.25.

New Era Energy & Digital (NASDAQ:NUAI) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.12). New Era Energy & Digital had a negative net margin of 4,388.71% and a negative return on equity of 121.41%. The firm had revenue of $0.04 million during the quarter. Analysts expect that New Era Energy & Digital Inc will post -0.5 EPS for the current fiscal year.

Hedge Funds Weigh In On New Era Energy & Digital

Hedge funds and other institutional investors have recently bought and sold shares of the business. 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 valued at $6,555,000 after acquiring an additional 858,329 shares during the period. UBS Group AG acquired a new stake in shares of New Era Energy & Digital in the fourth quarter worth $3,584,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of New Era Energy & Digital in the fourth quarter worth $264,000. BlackRock Inc. purchased a new position in shares of New Era Energy & Digital during the second quarter worth $45,986,000. Finally, Alyeska Investment Group L.P. purchased a new position in shares of New Era Energy & Digital during the second quarter worth $10,927,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

New Era Energy & Digital Company Profile

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.