Scotiabank Weighs in on NexGen Energy FY2026 Earnings

NexGen Energy (NYSE:NXE) – Scotiabank issued their FY2026 earnings per share (EPS) estimates for NexGen Energy in a report issued on Thursday, May 14th. Scotiabank analyst O. Wowkodaw forecasts that the company will post earnings of ($0.23) per share for the year. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for NexGen Energy’s current full-year earnings is ($0.20) per share.

NexGen Energy (NYSE:NXE) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02).

A number of other research firms have also commented on NXE. UBS Group assumed coverage on NexGen Energy in a research note on Thursday, March 5th. They issued a “buy” rating on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of NexGen Energy in a research note on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

NexGen Energy Stock Performance

NexGen Energy stock opened at $10.54 on Wednesday. The business’s 50-day simple moving average is $11.94 and its 200-day simple moving average is $10.95. The firm has a market capitalization of $6.96 billion, a PE ratio of -21.50 and a beta of 1.39. NexGen Energy has a 52 week low of $5.30 and a 52 week high of $13.96.

Institutional Investors Weigh In On NexGen Energy

Institutional investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc grew its position in NexGen Energy by 287,500.0% during the third quarter. Versant Capital Management Inc now owns 2,876 shares of the company’s stock worth $26,000 after buying an additional 2,875 shares in the last quarter. Leonteq Securities AG grew its position in NexGen Energy by 88.2% during the first quarter. Leonteq Securities AG now owns 2,343 shares of the company’s stock worth $28,000 after buying an additional 1,098 shares in the last quarter. CWM LLC acquired a new stake in NexGen Energy during the third quarter worth about $41,000. SBI Securities Co. Ltd. grew its position in NexGen Energy by 454.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 7,965 shares of the company’s stock worth $73,000 after buying an additional 6,528 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in NexGen Energy during the second quarter worth about $76,000. 42.43% of the stock is owned by institutional investors and hedge funds.

NexGen Energy Company Profile

NexGen Energy is a Canada-based uranium exploration and development company focused on advancing its flagship Rook I project in the Athabasca Basin of northern Saskatchewan. The company’s primary activities include resource delineation, feasibility studies, and permitting for its high-grade Arrow deposit, one of the largest undeveloped uranium discoveries in the region. NexGen’s technical team employs advanced drilling, geophysical and geochemical techniques to expand and define its resource base, with the aim of delivering a robust, low-cost supply of uranium to global nuclear power markets.

The Rook I project sits within one of the world’s most prolific uranium districts, offering excellent infrastructure access, a skilled local workforce and a supportive regulatory regime.