Nano Nuclear Energy (NNE) Stock Price, News & Analysis

Company Overview

NANO Nuclear Energy Inc. operates as a microreactor technology company. The company is developing ZEUS, a solid-core battery reactor, and ODIN, a low-pressure coolant reactor. It is also developing a high-assay low-enriched uranium fabrication facility to supply fuel to the nuclear reactor industry and fuel transportation and nuclear consultation businesses. The company was founded in 2021 and is based in New York, New York.

Key Stats

• Today's Range: $22.30 to $26.45
• 50-Day Range: $15.56 to $33.60
• 52-Week Range: $3.25 to $37.51
• Volume: 5.64 million shs
• Average Volume: 3.39 million shs
• Market Capitalization: $813.23 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $58.00
• Consensus Rating: Buy

Nano Nuclear Energy Stock Analysis - MarketRank™

Nano Nuclear Energy scored higher than 36% of companies evaluated by MarketBeat, and ranked 202nd out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Nano Nuclear Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Nano Nuclear Energy has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Nano Nuclear Energy are expected to decrease in the coming year, from ($0.46) to ($0.92) per share.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.72% of the float of Nano Nuclear Energy has been sold short.

Short Interest Ratio / Days to Cover

Nano Nuclear Energy has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nano Nuclear Energy has recently increased by 62.09%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nano Nuclear Energy does not currently pay a dividend.

Dividend Growth

Nano Nuclear Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

14.72% of the float of Nano Nuclear Energy has been sold short.

Short Interest Ratio / Days to Cover

Nano Nuclear Energy has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nano Nuclear Energy has recently increased by 62.09%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.86

News Sentiment

Nano Nuclear Energy has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Nano Nuclear Energy this week, compared to 11 articles on an average week.

Search Interest

Only 76 people have searched for NNE on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.

MarketBeat Follows

Only 91 people have added Nano Nuclear Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days.

Company Ownership

• Score: N/A
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Nano Nuclear Energy insiders have not sold or bought any company stock.

NNE Stock Analysis - Frequently Asked Questions

How have NNE shares performed this year?

Nano Nuclear Energy's stock was trading at $5.19 at the beginning of 2024. Since then, NNE shares have increased by 385.4% and is now trading at $25.19.
View the best growth stocks for 2024 here.

When did Nano Nuclear Energy IPO?

Nano Nuclear Energy (NNE) raised $15 million in an IPO on Wednesday, May 8th 2024. The company issued 3,000,000 shares at a price of $4.00-$6.00 per share. The Benchmark Company acted as the underwriter for the IPO.

When did Nano Nuclear Energy's lock-up period expire?

Nano Nuclear Energy's lock-up period expired on Monday, November 4th. Nano Nuclear Energy had issued 2,562,500 shares in its IPO on May 8th. The total size of the offering was $10,250,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

Who are Nano Nuclear Energy's major shareholders?

Top institutional investors of Nano Nuclear Energy include Citizens Financial Group Inc. RI (2.26%), Geode Capital Management LLC (0.21%), Virtu Financial LLC (0.20%) and State Street Corp (0.15%).

How do I buy shares of Nano Nuclear Energy?

Shares of NNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Nano Nuclear Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nano Nuclear Energy investors own include NVIDIA (NVDA), Broadcom (AVGO), NuScale Power (SMR), Meta Platforms (META), SoFi Technologies (SOFI), Intel (INTC) and SoundHound AI (SOUN).

Company Calendar

• Today: 12/21/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Electric services
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:NNE
• Previous Symbol: NASDAQ:NNE
• CUSIP: N/A
• CIK: 1923891
• Web: nanonuclearenergy.com
• Phone: 604-687-5792
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $58.00
• High Stock Price Target: $66.00
• Low Stock Price Target: $50.00
• Potential Upside/Downside: +130.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.93
• Quick Ratio: 7.93

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 32,284,000
• Free Float: N/A
• Market Cap: $813.23 million
• Optionable: N/A
• Beta: N/A