Analysts Set Expectations for NexGen Energy FY2025 Earnings

NexGen Energy Ltd. (NYSE:NXE) – Stock analysts at Desjardins issued their FY2025 earnings per share (EPS) estimates for shares of NexGen Energy in a report released on Monday, June 9th. Desjardins analyst B. Adams anticipates that the company will post earnings of ($0.14) per share for the year. Desjardins currently has a “Buy” rating on the stock. The consensus estimate for NexGen Energy’s current full-year earnings is ($0.05) per share. Desjardins also issued estimates for NexGen Energy’s FY2026 earnings at ($0.20) EPS and FY2027 earnings at ($0.37) EPS.

A number of other analysts have also weighed in on NXE. Raymond James reissued an “outperform” rating on shares of NexGen Energy in a research report on Friday, April 4th. Stifel Canada upgraded NexGen Energy to a “strong-buy” rating in a report on Tuesday, March 11th. Scotiabank reissued an “outperform” rating on shares of NexGen Energy in a research note on Thursday, March 6th. Finally, Stifel Nicolaus began coverage on shares of NexGen Energy in a research note on Wednesday, March 12th. They set a “buy” rating for the company. Four equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy”.

NexGen Energy Trading Up 4.6%

NexGen Energy stock opened at $6.65 on Thursday. NexGen Energy has a 12-month low of $3.91 and a 12-month high of $8.96. The firm has a 50-day moving average price of $5.41 and a 200-day moving average price of $6.04. The firm has a market capitalization of $3.79 billion, a PE ratio of 44.36 and a beta of 1.54.

NexGen Energy (NYSE:NXE) last posted its quarterly earnings data on Monday, May 12th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.04).

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NXE. JPMorgan Chase & Co. grew its holdings in NexGen Energy by 222.6% during the 4th quarter. JPMorgan Chase & Co. now owns 6,345,726 shares of the company’s stock worth $41,882,000 after acquiring an additional 4,378,933 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of NexGen Energy by 79.7% during the fourth quarter. Van ECK Associates Corp now owns 8,481,026 shares of the company’s stock valued at $55,971,000 after purchasing an additional 3,762,756 shares in the last quarter. L1 Capital Pty Ltd boosted its stake in shares of NexGen Energy by 11.8% during the first quarter. L1 Capital Pty Ltd now owns 30,644,505 shares of the company’s stock valued at $137,372,000 after purchasing an additional 3,226,055 shares in the last quarter. Packer & Co Ltd purchased a new position in NexGen Energy during the first quarter valued at approximately $13,581,000. Finally, Encompass Capital Advisors LLC raised its stake in NexGen Energy by 249.5% in the first quarter. Encompass Capital Advisors LLC now owns 4,153,080 shares of the company’s stock worth $18,635,000 after buying an additional 2,964,900 shares in the last quarter. 42.43% of the stock is currently owned by hedge funds and other institutional investors.

NexGen Energy Company Profile

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.