Raymond James Raises Earnings Estimates for NexGen Energy

NexGen Energy Ltd. (NYSE:NXE) – Analysts at Raymond James lifted their Q3 2025 earnings per share (EPS) estimates for shares of NexGen Energy in a research report issued to clients and investors on Wednesday, March 12th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of ($0.01) per share for the quarter, up from their prior forecast of ($0.02). The consensus estimate for NexGen Energy’s current full-year earnings is ($0.05) per share.

Several other research firms have also recently issued reports on NXE. Stifel Nicolaus initiated coverage on NexGen Energy in a research report on Wednesday, March 12th. They issued a “buy” rating on the stock. Scotiabank reaffirmed an “outperform” rating on shares of NexGen Energy in a research report on Thursday, March 6th. Finally, Stifel Canada raised NexGen Energy to a “strong-buy” rating in a research report on Tuesday, March 11th. Two equities research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, NexGen Energy has an average rating of “Strong Buy”.

NexGen Energy Trading Up 2.7 %

NXE stock opened at $4.82 on Monday. The stock has a market capitalization of $2.74 billion, a PE ratio of 32.10 and a beta of 1.97. NexGen Energy has a 12-month low of $4.44 and a 12-month high of $8.96. The stock’s 50 day simple moving average is $6.07 and its 200 day simple moving average is $6.77.

Institutional Investors Weigh In On NexGen Energy

A number of hedge funds have recently added to or reduced their stakes in the stock. PKO Investment Management Joint Stock Co purchased a new stake in NexGen Energy during the 4th quarter valued at $574,000. Mackenzie Financial Corp increased its stake in shares of NexGen Energy by 15.5% in the 4th quarter. Mackenzie Financial Corp now owns 230,524 shares of the company’s stock worth $1,519,000 after purchasing an additional 31,002 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of NexGen Energy by 3.2% in the 4th quarter. Public Employees Retirement System of Ohio now owns 134,655 shares of the company’s stock worth $888,000 after purchasing an additional 4,176 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of NexGen Energy by 38.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 623,857 shares of the company’s stock worth $4,117,000 after purchasing an additional 172,499 shares in the last quarter. Finally, Tidal Investments LLC increased its stake in shares of NexGen Energy by 100.3% in the 4th quarter. Tidal Investments LLC now owns 62,617 shares of the company’s stock worth $413,000 after purchasing an additional 31,362 shares in the last quarter. 42.43% of the stock is currently owned by hedge funds and other institutional investors.

About NexGen Energy

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.