
Nano Nuclear Energy Inc. (NASDAQ:NNE – Free Report) – Investment analysts at Northland Securities raised their FY2026 earnings per share estimates for shares of Nano Nuclear Energy in a research note issued on Friday, August 14th. Northland Securities analyst J. Grampp now anticipates that the company will post earnings of ($0.93) per share for the year, up from their prior estimate of ($1.14). The consensus estimate for Nano Nuclear Energy’s current full-year earnings is ($0.90) per share. Northland Securities also issued estimates for Nano Nuclear Energy’s Q4 2026 earnings at ($0.42) EPS, Q1 2027 earnings at ($0.43) EPS, Q2 2027 earnings at ($0.37) EPS, Q3 2027 earnings at ($0.37) EPS, Q4 2027 earnings at ($0.56) EPS and FY2027 earnings at ($1.74) EPS.
Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.07. The business had revenue of $0.21 million during the quarter, compared to analysts’ expectations of $0.50 million.
Read Our Latest Analysis on Nano Nuclear Energy
Nano Nuclear Energy Stock Down 0.4%
NNE opened at $19.59 on Tuesday. Nano Nuclear Energy has a 52-week low of $14.71 and a 52-week high of $60.87. The company has a 50 day moving average of $19.86 and a two-hundred day moving average of $23.21. The company has a market cap of $1.05 billion, a P/E ratio of -28.39 and a beta of 5.42.
Hedge Funds Weigh In On Nano Nuclear Energy
Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Nano Nuclear Energy during the second quarter valued at about $73,826,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Nano Nuclear Energy by 11,676.8% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,726,250 shares of the company’s stock worth $66,564,000 after acquiring an additional 1,711,592 shares during the last quarter. Weiss Asset Management LP acquired a new position in shares of Nano Nuclear Energy in the fourth quarter worth about $38,224,000. Ghisallo Capital Management LLC acquired a new position in shares of Nano Nuclear Energy in the fourth quarter worth about $38,224,000. Finally, Regal Partners Ltd purchased a new position in Nano Nuclear Energy in the fourth quarter valued at about $23,535,000.
Insider Activity at Nano Nuclear Energy
In other news, CFO Jaisun Garcha sold 37,215 shares of Nano Nuclear Energy stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $26.48, for a total transaction of $985,453.20. Following the sale, the chief financial officer owned 345,000 shares in the company, valued at $9,135,600. This trade represents a 9.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder I Financial Ventures Group Llc sold 700,000 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $26.68, for a total transaction of $18,676,000.00. Following the transaction, the insider directly owned 8,224,000 shares in the company, valued at approximately $219,416,320. The trade was a 7.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,616,981 shares of company stock valued at $43,096,346. 18.61% of the stock is currently owned by corporate insiders.
Nano Nuclear Energy Company Profile
NANO Nuclear Energy, Inc is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.
Featured Articles
- Five stocks we like better than Nano Nuclear Energy
- Moonshot to Money: Intuitive Machines Lands $600M Defense Win
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
Receive News & Ratings for Nano Nuclear Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nano Nuclear Energy and related companies with MarketBeat.com's FREE daily email newsletter.
