Analysts Offer Predictions for NexGen Energy FY2025 Earnings

NexGen Energy Ltd. (NYSE:NXE - Free Report) - Investment analysts at Stifel Canada issued their FY2025 EPS estimates for NexGen Energy in a report issued on Tuesday, March 11th. Stifel Canada analyst R. Profiti anticipates that the company will post earnings of ($0.11) per share for the year. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for NexGen Energy's current full-year earnings is ($0.05) per share. Stifel Canada also issued estimates for NexGen Energy's FY2026 earnings at ($0.21) EPS, FY2027 earnings at ($0.23) EPS, FY2028 earnings at ($0.28) EPS and FY2029 earnings at ($0.13) EPS.

Several other equities analysts have also issued reports on NXE. Scotiabank reissued an "outperform" rating on shares of NexGen Energy in a research report on Thursday, March 6th. Stifel Nicolaus began coverage on NexGen Energy in a research report on Wednesday. They issued a "buy" rating for the company. Two analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat.com, NexGen Energy presently has a consensus rating of "Strong Buy".

NexGen Energy Stock Down 0.1 %

Shares of NXE stock traded down $0.01 during mid-day trading on Friday, reaching $4.69. 7,867,905 shares of the company's stock traded hands, compared to its average volume of 6,308,464. The company's 50-day moving average price is $6.13 and its 200-day moving average price is $6.77. The company has a market cap of $2.67 billion, a P/E ratio of 31.24 and a beta of 1.97. NexGen Energy has a 12 month low of $4.44 and a 12 month high of $8.96.

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Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of NexGen Energy by 1.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,018,623 shares of the company's stock worth $230,828,000 after acquiring an additional 501,952 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of NexGen Energy by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 20,436,513 shares of the company's stock worth $134,779,000 after acquiring an additional 298,106 shares in the last quarter. Segra Capital Management LLC raised its holdings in shares of NexGen Energy by 19.8% during the 3rd quarter. Segra Capital Management LLC now owns 11,671,758 shares of the company's stock worth $76,217,000 after acquiring an additional 1,931,200 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in shares of NexGen Energy by 1.0% during the 4th quarter. Nuveen Asset Management LLC now owns 8,747,305 shares of the company's stock worth $57,659,000 after acquiring an additional 82,413 shares in the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of NexGen Energy by 79.7% during the 4th quarter. Van ECK Associates Corp now owns 8,481,026 shares of the company's stock worth $55,971,000 after acquiring an additional 3,762,756 shares in the last quarter. 42.43% of the stock is currently owned by institutional investors.

About NexGen Energy

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.