HC Wainwright Issues Optimistic Forecast for NNE Earnings

Nano Nuclear Energy Inc. (NASDAQ:NNE) – Analysts at HC Wainwright boosted their Q3 2026 earnings estimates for Nano Nuclear Energy in a report issued on Friday, May 15th. HC Wainwright analyst S. Joshi now expects that the company will earn ($0.22) per share for the quarter, up from their prior forecast of ($0.33). The consensus estimate for Nano Nuclear Energy’s current full-year earnings is ($1.40) per share. HC Wainwright also issued estimates for Nano Nuclear Energy’s Q4 2026 earnings at ($0.36) EPS, FY2026 earnings at ($0.90) EPS, FY2027 earnings at ($1.76) EPS, FY2028 earnings at ($2.24) EPS, FY2029 earnings at ($2.65) EPS and FY2030 earnings at ($3.07) EPS.

Nano Nuclear Energy (NASDAQ:NNE) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.18) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.08.

Several other research analysts also recently weighed in on NNE. Weiss Ratings reiterated a “sell (d-)” rating on shares of Nano Nuclear Energy in a research report on Tuesday, April 21st. Texas Capital upgraded shares of Nano Nuclear Energy to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, Benchmark reiterated a “buy” rating on shares of Nano Nuclear Energy in a research report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Nano Nuclear Energy presently has a consensus rating of “Moderate Buy” and an average price target of $47.00.

Nano Nuclear Energy Stock Down 3.1%

Shares of Nano Nuclear Energy stock opened at $24.15 on Tuesday. Nano Nuclear Energy has a twelve month low of $18.93 and a twelve month high of $60.87. The company has a market cap of $1.26 billion, a price-to-earnings ratio of -35.00 and a beta of 5.15. The company’s 50 day moving average is $23.44 and its 200 day moving average is $28.88.

Insiders Place Their Bets

In other Nano Nuclear Energy news, Director Seth Jason Berl sold 3,664 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $27.69, for a total value of $101,456.16. Following the transaction, the director directly owned 3,836 shares in the company, valued at approximately $106,218.84. This trade represents a 48.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 32.77% of the company’s stock.

Institutional Trading of Nano Nuclear Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Van ECK Associates Corp increased its stake in shares of Nano Nuclear Energy by 24.7% in the fourth quarter. Van ECK Associates Corp now owns 3,241,350 shares of the company’s stock worth $77,825,000 after purchasing an additional 643,070 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Nano Nuclear Energy by 27.4% in the fourth quarter. Vanguard Group Inc. now owns 2,264,051 shares of the company’s stock worth $54,360,000 after purchasing an additional 486,367 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Nano Nuclear Energy by 11,676.8% in 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 purchasing an additional 1,711,592 shares in the last quarter. Weiss Asset Management LP purchased a new stake in shares of Nano Nuclear Energy in the fourth quarter worth $38,224,000. Finally, Ghisallo Capital Management LLC purchased a new stake in shares of Nano Nuclear Energy in the fourth quarter worth $38,224,000.

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.