Scotiabank Weighs in on NexGen Energy FY2026 Earnings

NexGen Energy (NYSE:NXE) – Equities research analysts at Scotiabank issued their FY2026 earnings per share estimates for NexGen Energy in a report released on Thursday, May 14th. Scotiabank analyst O. Wowkodaw expects that the company will post earnings of ($0.23) per share for the year. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for NexGen Energy’s current full-year earnings is ($0.20) per share.

A number of other research firms also recently weighed in on NXE. UBS Group assumed coverage on NexGen Energy in a report on Thursday, March 5th. They set a “buy” rating on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NexGen Energy in a report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, NexGen Energy currently has a consensus rating of “Moderate Buy”.

NexGen Energy Trading Down 4.0%

NYSE NXE opened at $10.54 on Wednesday. The stock’s 50 day moving average is $11.94 and its two-hundred day moving average is $10.95. The company has a market capitalization of $6.96 billion, a price-to-earnings ratio of -21.50 and a beta of 1.39. NexGen Energy has a 1-year low of $5.30 and a 1-year high of $13.96.

NexGen Energy (NYSE:NXE) last released its quarterly earnings data on Tuesday, March 3rd. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02).

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Janus Henderson Group PLC raised its stake in shares of NexGen Energy by 107.0% in the first quarter. Janus Henderson Group PLC now owns 799,183 shares of the company’s stock valued at $9,248,000 after acquiring an additional 413,061 shares during the last quarter. Altshuler Shaham Ltd raised its stake in shares of NexGen Energy by 13.7% in the first quarter. Altshuler Shaham Ltd now owns 55,764 shares of the company’s stock valued at $647,000 after acquiring an additional 6,733 shares during the last quarter. Guardian Partners Inc. bought a new position in shares of NexGen Energy in the first quarter valued at approximately $1,110,000. Amundi raised its stake in shares of NexGen Energy by 167.0% in the first quarter. Amundi now owns 2,083,568 shares of the company’s stock valued at $24,169,000 after acquiring an additional 1,303,093 shares during the last quarter. Finally, Family Manage LLC bought a new position in shares of NexGen Energy in the first quarter valued at approximately $184,000. Institutional investors own 42.43% of the company’s stock.

About NexGen Energy

NexGen Energy is a Canada-based uranium exploration and development company focused on advancing its flagship Rook I project in the Athabasca Basin of northern Saskatchewan. The company’s primary activities include resource delineation, feasibility studies, and permitting for its high-grade Arrow deposit, one of the largest undeveloped uranium discoveries in the region. NexGen’s technical team employs advanced drilling, geophysical and geochemical techniques to expand and define its resource base, with the aim of delivering a robust, low-cost supply of uranium to global nuclear power markets.

The Rook I project sits within one of the world’s most prolific uranium districts, offering excellent infrastructure access, a skilled local workforce and a supportive regulatory regime.