FY2026 EPS Estimates for enCore Energy Lowered by B. Riley

enCore Energy Corp. (NASDAQ:EU) – Research analysts at B. Riley lowered their FY2026 earnings estimates for enCore Energy in a report released on Tuesday, November 19th. B. Riley analyst M. Key now forecasts that the company will earn $0.49 per share for the year, down from their prior estimate of $0.58. The consensus estimate for enCore Energy’s current full-year earnings is ($0.11) per share. B. Riley also issued estimates for enCore Energy’s FY2027 earnings at $0.84 EPS and FY2028 earnings at $1.07 EPS.

A number of other analysts also recently issued reports on the stock. HC Wainwright reissued a “buy” rating and set a $7.00 price target on shares of enCore Energy in a report on Tuesday. Ventum Cap Mkts raised shares of enCore Energy to a “strong-buy” rating in a report on Thursday, August 22nd.

enCore Energy Stock Performance

Shares of NASDAQ EU opened at $3.95 on Wednesday. The company’s fifty day moving average price is $3.94 and its 200 day moving average price is $3.97. enCore Energy has a 1 year low of $3.02 and a 1 year high of $5.05. The company has a market capitalization of $734.75 million, a PE ratio of -14.07 and a beta of 0.05.

Institutional Investors Weigh In On enCore Energy

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. increased its position in enCore Energy by 19.6% during the second quarter. Principal Financial Group Inc. now owns 22,317 shares of the company’s stock worth $88,000 after purchasing an additional 3,652 shares during the last quarter. ProShare Advisors LLC increased its position in shares of enCore Energy by 20.9% during the first quarter. ProShare Advisors LLC now owns 29,368 shares of the company’s stock valued at $129,000 after acquiring an additional 5,074 shares during the last quarter. Arlington Capital Management Inc. increased its position in shares of enCore Energy by 2.6% during the third quarter. Arlington Capital Management Inc. now owns 222,035 shares of the company’s stock valued at $897,000 after acquiring an additional 5,655 shares during the last quarter. American International Group Inc. increased its position in shares of enCore Energy by 10.4% during the first quarter. American International Group Inc. now owns 80,557 shares of the company’s stock valued at $353,000 after acquiring an additional 7,602 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in shares of enCore Energy by 23.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 46,585 shares of the company’s stock valued at $205,000 after acquiring an additional 8,954 shares during the last quarter. 20.86% of the stock is currently owned by institutional investors and hedge funds.

enCore Energy Company Profile

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.