Eagle Nuclear Energy (NASDAQ:NUCL) Earns Buy Rating from Analysts at HC Wainwright

HC Wainwright began coverage on shares of Eagle Nuclear Energy (NASDAQ:NUCL) in a research report sent to investors on Wednesday, Marketbeat reports. The brokerage issued a buy rating and a $11.50 price target on the nuclear energy company’s stock. HC Wainwright also issued estimates for Eagle Nuclear Energy’s FY2026 earnings at ($1.37) EPS and FY2027 earnings at ($0.68) EPS.

Eagle Nuclear Energy Trading Down 0.6%

Eagle Nuclear Energy stock opened at $6.76 on Wednesday. Eagle Nuclear Energy has a fifty-two week low of $4.55 and a fifty-two week high of $14.22. The stock’s 50-day moving average price is $7.01. The stock has a market capitalization of $199.96 million, a PE ratio of -7.12 and a beta of 0.36.

Eagle Nuclear Energy (NASDAQ:NUCL) last posted its quarterly earnings data on Monday, July 20th. The nuclear energy company reported ($0.87) EPS for the quarter. On average, equities analysts predict that Eagle Nuclear Energy will post -1.37 EPS for the current fiscal year.

Institutional Investors Weigh In On Eagle Nuclear Energy

Large investors have recently added to or reduced their stakes in the company. Readystate Asset Management LP bought a new stake in Eagle Nuclear Energy in the 2nd quarter valued at about $796,000. Greenland Capital Management LP purchased a new stake in Eagle Nuclear Energy during the second quarter valued at about $972,000. BlackRock Inc. bought a new position in Eagle Nuclear Energy during the second quarter worth about $2,153,000. Alyeska Investment Group L.P. bought a new position in Eagle Nuclear Energy during the second quarter worth about $3,585,000. Finally, Lineage Point Capital LP purchased a new position in shares of Eagle Nuclear Energy in the second quarter worth about $5,752,000. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Eagle Nuclear Energy Company Profile

Eagle Nuclear Energy Corp. operates as a mining and exploration company focused on mineral exploration and development in North America. The company is a nuclear energy company that combines domestic uranium exploration with proprietary Small Modular Reactor (SMR) technology. It also develops modular nuclear reactors to provide power for industrial and grid applications. The company was founded in 2023 and is headquartered in Reno, Nevada.