Ventum Cap Mkts Comments on NexGen Energy Ltd.’s FY2026 Earnings (NYSE:NXE)

NexGen Energy Ltd. (NYSE:NXEFree Report) – Investment analysts at Ventum Cap Mkts issued their FY2026 earnings per share estimates for shares of NexGen Energy in a research note issued to investors on Monday, July 8th. Ventum Cap Mkts analyst A. Terentiew forecasts that the company will post earnings of ($0.05) per share for the year. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. The consensus estimate for NexGen Energy’s current full-year earnings is ($0.15) per share. Ventum Cap Mkts also issued estimates for NexGen Energy’s FY2027 earnings at ($0.10) EPS.

Other equities research analysts have also recently issued research reports about the company. Scotiabank started coverage on NexGen Energy in a report on Monday, April 1st. They set a “sector outperform” rating on the stock. Haywood Securities upgraded NexGen Energy to a “strong-buy” rating in a research report on Friday, May 17th.

View Our Latest Research Report on NXE

NexGen Energy Price Performance

Shares of NXE opened at $7.47 on Tuesday. NexGen Energy has a 1-year low of $4.50 and a 1-year high of $8.88. The stock has a market cap of $4.19 billion, a price-to-earnings ratio of -745.75 and a beta of 1.93. The firm has a 50 day simple moving average of $7.38 and a 200-day simple moving average of $7.49.

NexGen Energy (NYSE:NXEGet Free Report) last posted its earnings results on Wednesday, May 8th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.01).

Hedge Funds Weigh In On NexGen Energy

A number of institutional investors have recently modified their holdings of NXE. Vanguard Group Inc. boosted its position in NexGen Energy by 5,020.5% during the first quarter. Vanguard Group Inc. now owns 16,222,256 shares of the company’s stock worth $126,047,000 after acquiring an additional 15,905,444 shares during the last quarter. MMCAP International Inc. SPC boosted its holdings in shares of NexGen Energy by 1,627.2% during the first quarter. MMCAP International Inc. SPC now owns 3,564,665 shares of the company’s stock worth $27,697,000 after purchasing an additional 3,358,278 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of NexGen Energy by 7.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,505,360 shares of the company’s stock valued at $179,307,000 after purchasing an additional 1,744,062 shares during the period. Goldman Sachs Group Inc. increased its stake in NexGen Energy by 74.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,341,885 shares of the company’s stock valued at $23,393,000 after purchasing an additional 1,430,709 shares during the last quarter. Finally, L1 Capital Pty Ltd increased its stake in NexGen Energy by 6.3% in the first quarter. L1 Capital Pty Ltd now owns 24,083,310 shares of the company’s stock valued at $187,127,000 after purchasing an additional 1,423,317 shares during the last quarter. Institutional investors and hedge funds own 42.43% of the company’s stock.

About NexGen Energy

(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 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.

Further Reading

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

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