Analysts Set Expectations for NexGen Energy FY2025 Earnings

NexGen Energy Ltd. (TSE:NXE) – Analysts at Raymond James raised their FY2025 earnings estimates for NexGen Energy in a research report issued on Tuesday, November 19th. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of ($0.09) for the year, up from their prior forecast of ($0.10). The consensus estimate for NexGen Energy’s current full-year earnings is ($0.07) per share.

NexGen Energy (TSE:NXE) last released its quarterly earnings data on Thursday, November 7th. The company reported C($0.05) EPS for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). During the same quarter last year, the company posted ($0.03) EPS.

Other equities research analysts have also recently issued reports about the stock. Cormark increased their price objective on shares of NexGen Energy from C$13.00 to C$13.50 in a research report on Wednesday. Scotiabank increased their target price on shares of NexGen Energy from C$12.75 to C$14.00 in a research report on Wednesday. TD Securities lowered their price objective on NexGen Energy from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. National Bankshares upped their price target on shares of NexGen Energy from C$11.00 to C$13.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada lifted their price objective on NexGen Energy from C$10.00 to C$15.00 in a research note on Thursday. Seven investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$14.42.

NexGen Energy Stock Up 4.7 %

NXE stock opened at C$12.20 on Friday. NexGen Energy has a 52 week low of C$7.04 and a 52 week high of C$12.23. The company has a quick ratio of 8.20, a current ratio of 1.20 and a debt-to-equity ratio of 39.09. The company has a market cap of C$6.89 billion, a PE ratio of 71.76 and a beta of 1.76. The business has a 50-day simple moving average of C$9.66 and a 200 day simple moving average of C$9.48.

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.