Brokers Issue Forecasts for NexGen Energy Q1 Earnings

NexGen Energy Ltd. (NYSE:NXE - Free Report) - Research analysts at Stifel Canada issued their Q1 2026 earnings per share (EPS) estimates for NexGen Energy in a research report issued on Monday, March 24th. Stifel Canada analyst R. Profiti forecasts that the company will earn ($0.05) per share for the quarter. Stifel Canada currently 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 Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.05) EPS and Q4 2026 earnings at ($0.06) EPS.

A number of other equities analysts have also recently commented on NXE. Stifel Nicolaus assumed coverage on NexGen Energy in a research note on Wednesday, March 12th. They issued a "buy" rating on the stock. Scotiabank reaffirmed an "outperform" rating on shares of NexGen Energy in a research report on Thursday, March 6th. Two analysts have rated the stock with a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Strong Buy".

NexGen Energy Stock Down 5.9 %

Shares of NYSE NXE traded down $0.29 during trading hours on Wednesday, reaching $4.54. 8,881,793 shares of the stock traded hands, compared to its average volume of 6,576,663. The company has a market capitalization of $2.58 billion, a P/E ratio of 30.24 and a beta of 1.97. NexGen Energy has a 52-week low of $4.44 and a 52-week high of $8.96. The company's 50-day simple moving average is $5.72 and its two-hundred day simple moving average is $6.72.

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Institutional Investors Weigh In On NexGen Energy

Several large investors have recently bought and sold shares of NXE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in NexGen Energy by 1.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,018,623 shares of the company's stock valued at $230,828,000 after buying an additional 501,952 shares during the period. Vanguard Group Inc. boosted its holdings in shares of NexGen Energy by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 20,436,513 shares of the company's stock valued at $134,779,000 after buying an additional 298,106 shares in the last quarter. Segra Capital Management LLC increased its position in shares of NexGen Energy by 19.8% during the third quarter. Segra Capital Management LLC now owns 11,671,758 shares of the company's stock worth $76,217,000 after purchasing an additional 1,931,200 shares in the last quarter. Nuveen Asset Management LLC raised its stake in NexGen Energy by 1.0% in the fourth quarter. Nuveen Asset Management LLC now owns 8,747,305 shares of the company's stock valued at $57,659,000 after buying an additional 82,413 shares during the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of NexGen Energy by 79.7% in the fourth quarter. Van ECK Associates Corp now owns 8,481,026 shares of the company's stock worth $55,971,000 after buying an additional 3,762,756 shares during the last quarter. Institutional investors own 42.43% of the company's stock.

NexGen Energy Company Profile

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.