FY2026 Earnings Forecast for enCore Energy Corp. Issued By Ventum Cap Mkts (CVE:EU)

enCore Energy Corp. (CVE:EU - Free Report) - Equities researchers at Ventum Cap Mkts cut their FY2026 EPS estimates for shares of enCore Energy in a research note issued to investors on Monday, October 7th. Ventum Cap Mkts analyst A. Terentiew now forecasts that the company will post earnings of $0.20 per share for the year, down from their prior forecast of $0.22. Ventum Cap Mkts currently has a "Strong-Buy" rating on the stock. Ventum Cap Mkts also issued estimates for enCore Energy's FY2027 earnings at $0.30 EPS.

enCore Energy (CVE:EU - Get Free Report) last released its earnings results on Wednesday, August 14th. The company reported C($0.07) earnings per share (EPS) for the quarter. The company had revenue of C$7.28 million for the quarter. enCore Energy had a negative net margin of 58.43% and a negative return on equity of 6.92%.

Several other analysts have also issued reports on the stock. Ventum Financial set a C$7.00 target price on shares of enCore Energy and gave the stock a "buy" rating in a research note on Thursday, August 22nd. Canaccord Genuity Group upped their target price on shares of enCore Energy from C$8.00 to C$8.50 and gave the stock a "buy" rating in a research note on Tuesday, September 24th.

enCore Energy Stock Performance

EU stock traded down C$0.14 during midday trading on Tuesday, reaching C$5.50. 172,976 shares of the company's stock traded hands, compared to its average volume of 212,164. The firm has a market capitalization of C$1.02 billion, a P/E ratio of -30.94 and a beta of 1.20. The firm has a fifty day simple moving average of C$4.91. enCore Energy has a 52 week low of C$4.07 and a 52 week high of C$6.91.

Insider Buying and Selling at enCore Energy

In other enCore Energy news, Director William Morris Sheriff sold 16,000 shares of the company's stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of C$4.41, for a total transaction of C$70,513.60. Insiders own 2.12% of the company's stock.

enCore Energy Company Profile

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in the Crownpoint and Hosta Butte uranium project that covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also has interests in the Marquez-Juan Tafoya property, which consists of 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project that covers 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.