Brokers Set Expectations for NexGen Energy FY2025 Earnings

NexGen Energy Ltd. (NYSE:NXE) – Equities research analysts at Stifel Canada issued their FY2025 earnings estimates for shares of NexGen Energy in a report issued on Tuesday, March 11th. Stifel Canada analyst R. Profiti expects that the company will post earnings per share of ($0.11) for the year. 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 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.

A number of other brokerages have also recently issued reports on NXE. Scotiabank reiterated an “outperform” rating on shares of NexGen Energy in a research report on Thursday, March 6th. Stifel Nicolaus began coverage on shares of NexGen Energy in a research report on Wednesday. They issued a “buy” rating for the company. Two investment analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, NexGen Energy currently has a consensus rating of “Strong Buy”.

NexGen Energy Stock Performance

NYSE:NXE opened at $4.69 on Friday. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 31.24 and a beta of 1.97. The company has a 50-day moving average of $6.13 and a 200-day moving average of $6.77. NexGen Energy has a 52 week low of $4.44 and a 52 week high of $8.96.

Institutional Investors Weigh In On NexGen Energy

Several institutional investors have recently modified their holdings of NXE. PNC Financial Services Group Inc. boosted its holdings in shares of NexGen Energy by 284.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,000 shares of the company’s stock valued at $33,000 after buying an additional 3,700 shares during the period. Altshuler Shaham Ltd acquired a new position in NexGen Energy during the fourth quarter worth $51,000. Mariner LLC acquired a new position in NexGen Energy during the fourth quarter worth $68,000. Larson Financial Group LLC boosted its holdings in NexGen Energy by 122.7% during the third quarter. Larson Financial Group LLC now owns 10,575 shares of the company’s stock worth $69,000 after purchasing an additional 5,827 shares during the last quarter. Finally, Silver Lake Advisory LLC acquired a new position in NexGen Energy during the fourth quarter worth $73,000. Institutional investors and hedge funds own 42.43% of the company’s stock.

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.