NioCorp Developments Ltd. (NASDAQ:NB – Free Report) – Stock analysts at William Blair issued their Q1 2026 earnings estimates for shares of NioCorp Developments in a report issued on Monday, October 20th. William Blair analyst N. Dingmann anticipates that the company will post earnings per share of ($0.09) for the quarter. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for NioCorp Developments’ current full-year earnings is ($0.34) per share. William Blair also issued estimates for NioCorp Developments’ Q2 2026 earnings at ($0.01) EPS.
Other equities research analysts have also recently issued research reports about the stock. Maxim Group increased their target price on shares of NioCorp Developments from $4.00 to $5.00 and gave the stock a “buy” rating in a research report on Friday, July 11th. HC Wainwright increased their target price on shares of NioCorp Developments from $4.00 to $8.25 and gave the stock a “buy” rating in a research report on Monday, September 22nd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of NioCorp Developments in a research report on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, NioCorp Developments presently has a consensus rating of “Moderate Buy” and an average target price of $6.63.
NioCorp Developments Stock Down 13.2%
Shares of NioCorp Developments stock opened at $8.43 on Wednesday. The stock has a market capitalization of $655.49 million, a P/E ratio of -24.79 and a beta of -0.18. The company has a 50-day simple moving average of $6.23 and a 200 day simple moving average of $3.96. NioCorp Developments has a 12-month low of $1.27 and a 12-month high of $12.58.
Hedge Funds Weigh In On NioCorp Developments
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NB. ProShare Advisors LLC bought a new position in NioCorp Developments during the second quarter worth $25,000. KPP Advisory Services LLC bought a new position in NioCorp Developments during the second quarter worth $25,000. Wealth Enhancement Advisory Services LLC bought a new position in NioCorp Developments during the second quarter worth $27,000. Police & Firemen s Retirement System of New Jersey bought a new position in NioCorp Developments during the second quarter worth $30,000. Finally, Global Retirement Partners LLC bought a new position in NioCorp Developments during the third quarter worth $31,000. 4.03% of the stock is owned by institutional investors.
NioCorp Developments Company Profile
NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska.
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