Scotiabank Estimates NexGen Energy FY2026 Earnings

NexGen Energy Ltd. (TSE:NXE) – Investment analysts at Scotiabank issued their FY2026 EPS estimates for shares of NexGen Energy in a research note issued to investors on Thursday, May 14th. Scotiabank analyst O. Wowkodaw expects that the company will earn ($0.32) per share for the year. Scotiabank has a “Outperform” rating and a $18.00 price target on the stock. The consensus estimate for NexGen Energy’s current full-year earnings is ($0.07) per share.

A number of other equities research analysts have also issued reports on the stock. TD Securities increased their price objective on shares of NexGen Energy from C$15.00 to C$20.00 in a report on Thursday, January 22nd. Raymond James Financial increased their price objective on shares of NexGen Energy from C$18.00 to C$20.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Stifel Nicolaus increased their price objective on shares of NexGen Energy from C$22.00 to C$30.00 and gave the company a “buy” rating in a report on Friday, March 6th. Royal Bank Of Canada increased their price objective on shares of NexGen Energy from C$15.00 to C$20.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Finally, National Bank Financial increased their price objective on shares of NexGen Energy from C$19.00 to C$20.00 and gave the company an “outperform” rating in a report on Friday, April 17th. Seven analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$19.18.

NexGen Energy Trading Down 6.3%

NexGen Energy stock opened at C$14.51 on Wednesday. The firm has a 50 day moving average of C$16.40 and a 200 day moving average of C$15.08. The firm has a market capitalization of C$9.60 billion, a price-to-earnings ratio of -21.34 and a beta of 1.15. NexGen Energy has a 12-month low of C$7.35 and a 12-month high of C$18.91. The company has a current ratio of 1.37, a quick ratio of 8.20 and a debt-to-equity ratio of 42.09.

NexGen Energy (TSE:NXE) last released its earnings results on Tuesday, May 5th. The company reported C($0.24) earnings per share (EPS) for the quarter.

About NexGen Energy

NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company’s flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure.