Nano Nuclear Energy (NASDAQ:NNE) Research Coverage Started at HC Wainwright

HC Wainwright began coverage on shares of Nano Nuclear Energy (NASDAQ:NNE) in a research note released on Wednesday, MarketBeat Ratings reports. The firm issued a buy rating and a $50.00 price target on the stock. HC Wainwright also issued estimates for Nano Nuclear Energy’s Q4 2024 earnings at ($0.16) EPS, FY2024 earnings at ($0.46) EPS, Q1 2025 earnings at ($0.18) EPS, Q2 2025 earnings at ($0.21) EPS, Q3 2025 earnings at ($0.24) EPS, Q4 2025 earnings at ($0.29) EPS, FY2025 earnings at ($0.92) EPS, FY2026 earnings at ($1.16) EPS, FY2027 earnings at ($1.53) EPS, FY2028 earnings at ($1.95) EPS and FY2029 earnings at ($2.25) EPS.

Separately, Benchmark reissued a “buy” rating and set a $39.00 price objective on shares of Nano Nuclear Energy in a research note on Monday, July 15th.

Nano Nuclear Energy Stock Performance

Shares of NNE stock opened at $19.26 on Wednesday. Nano Nuclear Energy has a 1 year low of $3.25 and a 1 year high of $37.51. The firm’s fifty day moving average price is $15.13.

Nano Nuclear Energy (NASDAQ:NNE) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.17) earnings per share (EPS) for the quarter.

Institutional Trading of Nano Nuclear Energy

A hedge fund recently bought a new stake in Nano Nuclear Energy stock. Citizens Financial Group Inc. RI bought a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 86,000 shares of the company’s stock, valued at approximately $2,016,000. Citizens Financial Group Inc. RI owned 0.30% of Nano Nuclear Energy as of its most recent SEC filing.

About Nano Nuclear Energy

NANO Nuclear Energy Inc operates as a microreactor technology company. The company is developing ZEUS, a solid-core battery reactor, and ODIN, a low-pressure coolant reactor. It is also developing a high-assay low-enriched uranium fabrication facility to supply fuel to the nuclear reactor industry and fuel transportation and nuclear consultation businesses.