New Era Energy & Digital (NASDAQ:NUAI) Trading 7.4% Higher on Analyst Upgrade

New Era Energy & Digital Inc (NASDAQ:NUAI) was up 7.4% during mid-day trading on Tuesday after Wall Street Zen upgraded the stock from a strong sell rating to a sell rating. The company traded as high as $6.67 and last traded at $6.5950. 952,076 shares were traded during trading, a decline of 85% from the average daily volume of 6,149,376 shares. The stock had previously closed at $6.14.

Other equities analysts have also recently issued research reports about the stock. Northland Securities initiated coverage on shares of New Era Energy & Digital in a research note on Thursday, April 16th. They issued an “outperform” rating and a $11.00 price objective on the stock. Texas Capital raised shares of New Era Energy & Digital to a “strong-buy” rating in a research note on Thursday, April 16th. New Street Research set a $8.60 price target on shares of New Era Energy & Digital in a research report on Thursday, April 16th. Weiss Ratings cut New Era Energy & Digital from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, May 22nd. Finally, Zacks Research upgraded New Era Energy & Digital to a “hold” rating in a research report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $9.80.

Institutional Trading of New Era Energy & Digital

Hedge funds have recently modified their holdings of the business. Great Valley Advisor Group Inc. purchased a new position in shares of New Era Energy & Digital during the fourth quarter valued at $29,000. Main Street Financial Solutions LLC purchased a new stake in New Era Energy & Digital in the 4th quarter worth about $32,000. W.G. Shaheen & Associates DBA Whitney & Co acquired a new stake in New Era Energy & Digital during the 4th quarter worth about $41,000. Bridgeway Capital Management LLC acquired a new stake in New Era Energy & Digital during the 4th quarter worth about $44,000. Finally, Concurrent Investment Advisors LLC purchased a new position in New Era Energy & Digital during the 4th quarter valued at about $46,000. Hedge funds and other institutional investors own 21.90% of the company’s stock.

New Era Energy & Digital Stock Performance

The company has a 50 day simple moving average of $4.97 and a two-hundred day simple moving average of $4.78. The company has a market cap of $683.21 million, a PE ratio of -6.91 and a beta of 1.27.

New Era Energy & Digital (NASDAQ:NUAI) last posted its quarterly earnings results on Friday, May 15th. The company reported ($0.16) earnings per share (EPS) for the quarter. The company had revenue of $0.80 million during the quarter. New Era Energy & Digital had a negative return on equity of 687.58% and a negative net margin of 2,592.43%. As a group, analysts expect that New Era Energy & Digital Inc will post -0.51 earnings per share for the current fiscal year.

New Era Energy & Digital Company Profile

New Era Energy & Digital, Inc, operates as an exploration and production platform, engages in the exploration, development, and production of helium, oil and natural gas, and natural gas liquids in the United States. The company owns and operates a portfolio of approximately 137,000 acres in Southeast New Mexico. Its flagship Pecos Slope Field covering an area of 1893 square kilometers located 20 miles north of Roswell, New Mexico. It serves Tier 2 gas companies and balloon gas distributors. The company was formerly known as New Era Helium, Inc and changed its name to New Era Energy & Digital, Inc in August 2025.