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Raymond James Has Positive View of NexGen Energy Q3 Earnings

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NexGen Energy Ltd. (NYSE:NXE - Free Report) - Research analysts at Raymond James lifted their Q3 2025 earnings per share (EPS) estimates for NexGen Energy in a research note issued on Wednesday, March 12th. Raymond James analyst B. Macarthur now expects that the company will post earnings of ($0.01) per share for the quarter, up from their previous forecast of ($0.02). The consensus estimate for NexGen Energy's current full-year earnings is ($0.05) per share.

Several other research analysts also recently weighed in on NXE. Stifel Canada upgraded NexGen Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Scotiabank reiterated an "outperform" rating on shares of NexGen Energy in a research report on Thursday, March 6th. Finally, Stifel Nicolaus initiated coverage on NexGen Energy in a report on Wednesday, March 12th. They issued a "buy" rating for the company. Two analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company's stock. According to MarketBeat.com, NexGen Energy has a consensus rating of "Strong Buy".

Read Our Latest Report on NXE

NexGen Energy Stock Up 1.3 %

NXE traded up $0.07 during trading on Monday, hitting $5.02. 8,210,500 shares of the stock were exchanged, compared to its average volume of 6,366,807. The stock has a fifty day moving average price of $5.99 and a two-hundred day moving average price of $6.75. NexGen Energy has a 1-year low of $4.44 and a 1-year high of $8.96. The firm has a market capitalization of $2.85 billion, a P/E ratio of 33.50 and a beta of 1.97.

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Institutional Trading of NexGen Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. PKO Investment Management Joint Stock Co acquired a new stake in NexGen Energy in the 4th quarter valued at approximately $574,000. Mackenzie Financial Corp increased its position in NexGen Energy by 15.5% in the 4th quarter. Mackenzie Financial Corp now owns 230,524 shares of the company's stock valued at $1,519,000 after acquiring an additional 31,002 shares during the period. Public Employees Retirement System of Ohio increased its position in NexGen Energy by 3.2% in the 4th quarter. Public Employees Retirement System of Ohio now owns 134,655 shares of the company's stock valued at $888,000 after acquiring an additional 4,176 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in NexGen Energy by 38.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 623,857 shares of the company's stock valued at $4,117,000 after acquiring an additional 172,499 shares during the period. Finally, Tidal Investments LLC boosted its stake in NexGen Energy by 100.3% during the 4th quarter. Tidal Investments LLC now owns 62,617 shares of the company's stock valued at $413,000 after purchasing an additional 31,362 shares in the last quarter. 42.43% of the stock is currently owned by institutional investors and hedge funds.

NexGen Energy Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for NexGen Energy (NYSE:NXE)

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