HC Wainwright Has Optimistic Outlook of NNE FY2026 Earnings

Nano Nuclear Energy Inc. (NASDAQ:NNE) – HC Wainwright increased their FY2026 earnings per share estimates for shares of Nano Nuclear Energy in a report issued on Monday, August 24th. HC Wainwright analyst S. Joshi now forecasts that the company will post earnings of ($0.74) per share for the year, up from their previous forecast of ($0.90). The consensus estimate for Nano Nuclear Energy’s current full-year earnings is ($0.84) per share. HC Wainwright also issued estimates for Nano Nuclear Energy’s Q4 2026 earnings at ($0.24) EPS, FY2027 earnings at ($1.21) EPS, FY2028 earnings at ($1.61) EPS, FY2029 earnings at ($1.95) EPS and FY2030 earnings at ($2.30) EPS.

Nano Nuclear Energy (NASDAQ:NNE) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.19) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.07. The firm had revenue of $0.21 million for the quarter, compared to analysts’ expectations of $0.50 million.

Other research analysts have also issued research reports about the company. Benchmark reaffirmed a “buy” rating on shares of Nano Nuclear Energy in a report on Thursday, August 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Nano Nuclear Energy in a research note on Friday, July 17th. Truist Financial initiated coverage on shares of Nano Nuclear Energy in a report on Monday, July 13th. They issued a “hold” rating and a $22.00 price target for the company. New Street Research set a $45.00 price objective on shares of Nano Nuclear Energy in a research note on Thursday, August 13th. Finally, Northland Securities set a $37.00 price objective on shares of Nano Nuclear Energy in a report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $39.00.

Nano Nuclear Energy Stock Up 5.3%

Shares of Nano Nuclear Energy stock opened at $19.24 on Wednesday. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of -27.88 and a beta of 5.42. The company’s 50-day simple moving average is $19.26 and its 200-day simple moving average is $22.72. Nano Nuclear Energy has a 52-week low of $14.71 and a 52-week high of $60.87.

Institutional Investors Weigh In On Nano Nuclear Energy

A number of large investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. raised its position in Nano Nuclear Energy by 275.7% during the fourth quarter. Harbour Investments Inc. now owns 1,176 shares of the company’s stock worth $28,000 after acquiring an additional 863 shares during the last quarter. Ascentis Independent Advisors acquired a new position in shares of Nano Nuclear Energy during the 1st quarter worth approximately $36,000. State of Wyoming purchased a new stake in Nano Nuclear Energy in the 2nd quarter valued at approximately $45,000. US Bancorp DE grew its holdings in Nano Nuclear Energy by 51.9% during the 3rd quarter. US Bancorp DE now owns 1,171 shares of the company’s stock valued at $45,000 after buying an additional 400 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Nano Nuclear Energy during the third quarter worth $48,000.

Insider Activity

In other Nano Nuclear Energy news, CEO James John Walker sold 123,688 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $26.49, for a total transaction of $3,276,495.12. Following the sale, the chief executive officer directly owned 555,000 shares in the company, valued at approximately $14,701,950. The trade was a 18.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Seth Jason Berl sold 3,750 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $24.92, for a total value of $93,450.00. Following the completion of the sale, the director directly owned 7,586 shares in the company, valued at $189,043.12. This trade represents a 33.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,616,981 shares of company stock valued at $43,096,346 in the last 90 days. Insiders own 18.61% of the company’s stock.

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.