NNE Stock Earnings Estimates Reduced by Northland Securities

Nano Nuclear Energy Inc. (NASDAQ:NNE) – Analysts at Northland Securities reduced their Q1 2027 earnings estimates for shares of Nano Nuclear Energy in a research note issued to investors on Monday, October 5th. Northland Securities analyst J. Grampp now forecasts that the company will post earnings per share of ($0.44) for the quarter, down from their previous estimate of ($0.43). The consensus estimate for Nano Nuclear Energy’s current full-year earnings is ($0.80) per share. Northland Securities also issued estimates for Nano Nuclear Energy’s Q3 2027 earnings at ($0.38) EPS.

Other analysts have also recently issued research reports about the company. Roth Capital initiated coverage on Nano Nuclear Energy in a report on Wednesday, June 17th. They set a “buy” rating and a $45.00 price objective on the stock. Wall Street Zen raised Nano Nuclear Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Nano Nuclear Energy in a research report on Friday, July 17th. Benchmark reissued a “buy” rating on shares of Nano Nuclear Energy in a report on Thursday, August 13th. Finally, Truist Financial initiated coverage on shares of Nano Nuclear Energy in a research report on Monday, July 13th. They issued a “hold” rating and a $22.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Nano Nuclear Energy has a consensus rating of “Moderate Buy” and a consensus target price of $38.14.

Nano Nuclear Energy Stock Performance

Shares of NASDAQ NNE opened at $15.26 on Wednesday. The stock has a market cap of $819.46 million, a PE ratio of -22.12 and a beta of 5.49. Nano Nuclear Energy has a fifty-two week low of $14.71 and a fifty-two week high of $60.87. The stock has a fifty day moving average of $17.52 and a 200-day moving average of $20.92.

Nano Nuclear Energy (NASDAQ:NNE) last issued its earnings results on Wednesday, August 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.07. The business had revenue of $0.21 million for the quarter, compared to the consensus estimate of $0.50 million.

Insiders Place Their Bets

In other Nano Nuclear Energy news, CEO James Walker sold 25,000 shares of the company’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $17.77, for a total value of $444,250.00. Following the transaction, the chief executive officer directly owned 635,000 shares in the company, valued at $11,283,950. This represents a 3.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 18.61% of the stock is owned by corporate insiders.

Institutional Trading of Nano Nuclear Energy

Large investors have recently modified their holdings of the business. Ascentis Independent Advisors bought a new position in shares of Nano Nuclear Energy in the first quarter worth approximately $36,000. State of Wyoming bought a new stake in Nano Nuclear Energy during the second quarter valued at approximately $45,000. C M Bidwell & Associates Ltd. bought a new stake in Nano Nuclear Energy during the second quarter valued at approximately $55,000. Global Retirement Partners LLC purchased a new position in Nano Nuclear Energy in the 2nd quarter worth approximately $68,000. Finally, International Assets Investment Management LLC grew its stake in Nano Nuclear Energy by 150.4% in the 1st quarter. International Assets Investment Management LLC now owns 6,160 shares of the company’s stock worth $126,000 after buying an additional 3,700 shares in the last quarter.

About Nano Nuclear Energy

Nano Nuclear Energy, Inc is an advanced nuclear energy technology company developing portable microreactors and related nuclear-fuel capabilities. The company’s objective is to provide compact, transportable power systems for applications that may not be well served by conventional nuclear plants or electrical grids.

Its principal reactor concepts include ZEUS, a solid-core battery reactor designed for off-grid power generation, and ODIN, a molten-salt reactor concept intended to produce electricity and industrial heat.