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NXE Overview

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Intellectia

Loading chart...

High
13.010
Open
12.880
VWAP
12.73
Vol
5.02M
Mkt Cap
8.59B
Low
12.545
Amount
63.95M
EV/EBITDA(TTM)
--
Total Shares
661.07M
EV
10.20B
EV/OCF(TTM)
--
P/S(TTM)
--
NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. It is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It is focused on optimally developing the Rook I Project. It has a portfolio of highly prospective projects, including its 100% owned Rook I property that is host to the high-grade Arrow Deposit, South Arrow, Harpoon, Bow, and the Cannon area. The Rook I Project is a development-stage uranium project in Canada. The new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin, located in Saskatchewan. Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery. The Rook I Project, host of the Arrow Deposit, which is a development-stage uranium project in Canada and is 100% owned by NexGen Energy Ltd. The Rook I property hosts the Harpoon Discovery located 4.7 km northeast of the Arrow Deposit.
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Events Timeline

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News

seekingalpha
8.5
03-05seekingalpha
UBS Initiates NexGen Energy with Buy Rating and C$20 Target
  • Rating Initiation: UBS initiated coverage on NexGen Energy (NXE) with a Buy rating and a C$20 price target, indicating that the stock offers quality exposure to the tier-1 Rook I project with significant exploration upside.
  • Financial Forecast: Analysts at UBS project that the Rook I project could generate C$2.2 billion in annual steady-state EBITDA under base case assumptions, implying an attractive ~5x EV/EBITDA ratio and ~16% free cash flow yield, showcasing strong financial performance.
  • Sales Growth Expectations: Sales from Rook I are expected to ramp up from 2033, reaching approximately 20 million pounds per year at steady state, despite using higher cost and capex assumptions, reflecting the project's long-term profitability.
  • Risk Management and Construction Plans: While NexGen faces several challenges, UBS believes Rook I will receive approval in H1 2026, with construction ramping up later this year, and analysts assert that the asset's quality and relative valuation more than offset potential risks.
Yahoo Finance
8.5
03-02Yahoo Finance
Refined Energy Commences Drilling at Dufferin West Project
  • Drilling Program Launch: Refined Energy has commenced its maiden drilling program at the Dufferin West project in Saskatchewan, targeting a minimum of three holes totaling approximately 1,200 meters, with an initial budget of $1.7 million, marking a significant milestone in a globally recognized uranium district.
  • Significant Project Potential: The Dufferin Project spans 10,140 hectares, with Refined holding an exclusive option to acquire up to 75%, located adjacent to NexGen Energy's SW3 property and approximately 18 km from Cameco's Centennial Deposit, where historic drill hole revealed 8.78% uranium grade, indicating strong mineral potential in the area.
  • Geophysical Surveys and Target Confirmation: The drilling program will integrate previous airborne electromagnetic data and a recent ground gravity survey to further refine and prioritize additional drilling targets, showcasing the project's technical promise within uranium mineralization systems.
  • Rising Market Demand: With strengthening uranium prices and accelerating global demand for nuclear power, the CEO of Refined Energy stated that the company is well-positioned to participate in the next cycle of uranium exploration and discovery, suggesting significant future growth potential.
NASDAQ.COM
2.0
02-25NASDAQ.COM
NexGen Energy Stock Surpasses Analyst Target Price
  • Price Target Breakthrough: NexGen Energy Ltd (Symbol: NXE) has surpassed the average analyst 12-month target price of $12.80, currently trading at $12.85, indicating increased market confidence that may attract more investor interest.
  • Diverse Analyst Reactions: Among analysts covered by Zacks, target prices range from $10.72 to $14.60, with a standard deviation of $1.332, reflecting varying opinions on NXE's future performance, prompting investors to carefully evaluate these perspectives.
  • Investor Decision Signal: With NXE's stock price exceeding the average target, investors are signaled to reassess the company's valuation, considering whether to hold or reduce their positions, which could impact market liquidity and stock price volatility in the short term.
  • Market Sentiment Analysis: The target prices reflect a
Fool
8.5
02-24Fool
MMCAP Increases Stake in NexGen Energy by 2.38 Million Shares
  • Share Increase: According to a February 9, 2026 SEC filing, MMCAP International Inc. SPC increased its stake in NexGen Energy Ltd. by 2,379,891 shares during Q4 2025, with an estimated transaction value of approximately $21.01 million, indicating confidence in the company's growth potential.
  • Asset Allocation: NexGen Energy now accounts for 2.23% of MMCAP's 13F reportable assets, suggesting a growing position in MMCAP's portfolio that could influence future investment decisions and market performance.
  • Market Performance: As of February 8, 2026, NexGen Energy's shares were priced at $11.04, reflecting a 71.2% increase over the past year, outperforming the S&P 500 by 57.21 percentage points, showcasing optimistic market expectations regarding uranium supply and nuclear energy demand.
  • Project Outlook: NexGen's Rook I project, located in Saskatchewan's Athabasca Basin, has significant high-grade uranium resource development potential, although it is not yet producing; future success hinges on regulatory approvals and securing capital, highlighting the strategic importance of long-term investments.
NASDAQ.COM
8.5
02-24NASDAQ.COM
MMCAP International Increases Stake in NexGen Energy
  • Increased Holdings: MMCAP International Inc. SPC added 2,379,891 shares of NexGen Energy in Q4 2025, with an estimated transaction value of approximately $21.01 million, indicating the company's bullish outlook on the future uranium market.
  • Asset Value Growth: Post-transaction, MMCAP's total holdings in NexGen reached 2,429,898 shares valued at $22.36 million, reflecting a $21.91 million increase from the previous quarter, showcasing the positive impact of rising uranium prices on the investment portfolio.
  • Strong Market Performance: As of February 8, 2026, NexGen Energy's stock price stood at $11.04, up 71.2% over the past year, significantly outperforming the S&P 500 by 57.21 percentage points, indicating a resurgence in the uranium sector and increased investor confidence.
  • Strategic Implications: NexGen Energy focuses on uranium exploration and development, with its Rook I project located in one of the world's highest-grade uranium regions in Saskatchewan; while not yet in production, its future potential hinges on regulatory approvals and capital acquisition, reflecting a focus on long-term nuclear energy demand.
PRnewswire
8.5
02-17PRnewswire
U.S. Nuclear Expansion Collides with Uranium Supply Constraints
  • Nuclear Expansion Initiative: President Trump's signing of four executive orders aims to quadruple U.S. nuclear capacity over the next 25 years, addressing the surging electricity demand driven by sectors like AI and quantum computing.
  • Uranium Supply Shortage: With projections indicating a significant increase in uranium demand by 2026, domestic mine production is failing to meet reactor requirements, leading to a structural supply deficit that heightens investor focus on resource control.
  • Merger Progress: The merger between Spring Valley Acquisition Corp. II and Eagle Energy Metals is advancing, with the SEC declaring its registration statement effective, and a shareholder vote scheduled for February 23, 2026, marking a critical step towards NASDAQ listing.
  • Technological Investment: Eagle Energy Metals is collaborating with BBA USA Inc. to design a drilling campaign at the Aurora uranium project to support a Pre-Feasibility Study, which is expected to enhance its competitiveness in the U.S. uranium market to meet rising nuclear energy demands.
Wall Street analysts forecast NXE stock price to rise
4 Analyst Rating
Wall Street analysts forecast NXE stock price to rise
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
10.78
Averages
12.84
High
14.37
Current: 0.000
sliders
Low
10.78
Averages
12.84
High
14.37
Stifel
Buy
upgrade
$22 -> $30
AI Analysis
2026-03-06
New
Reason
Stifel
Price Target
$22 -> $30
AI Analysis
2026-03-06
New
upgrade
Buy
Reason
Stifel raised the firm's price target on NexGen Energy to C$30 from C$22 and keeps a Buy rating on the shares.
Scotiabank
NULL -> Outperform
maintain
$16 -> $18
2026-03-06
New
Reason
Scotiabank
Price Target
$16 -> $18
2026-03-06
New
maintain
NULL -> Outperform
Reason
Scotiabank raised the firm's price target on NexGen Energy to C$18 from C$16 and keeps an Outperform rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NXE
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Valuation Metrics

The current forward P/E ratio for Nexgen Energy Ltd (NXE.N) is -77.15, compared to its 5-year average forward P/E of -75.43. For a more detailed relative valuation and DCF analysis to assess Nexgen Energy Ltd's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-75.43
Current PE
-77.15
Overvalued PE
-13.32
Undervalued PE
-137.53

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-70.97
Current EV/EBITDA
-126.61
Overvalued EV/EBITDA
-48.60
Undervalued EV/EBITDA
-93.35

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
3413.87
Current PS
0.00
Overvalued PS
8574.89
Undervalued PS
-1747.16

Financials

AI Analysis
Annual
Quarterly

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Whales Holding NXE

L
L1 Capital Pty. Limited
Holding
NXE
+18.67%
3M Return
K
Kayne Anderson Capital Advisors, L.P.
Holding
NXE
+16.06%
3M Return
A
ALPS Advisors, Inc.
Holding
NXE
+11.85%
3M Return
C
Cooper Creek Partners Management LLC
Holding
NXE
+9.40%
3M Return
H
Hancock Prospecting Pty Ltd
Holding
NXE
+6.46%
3M Return
W
Waratah Capital Advisors Ltd.
Holding
NXE
+1.49%
3M Return

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Frequently Asked Questions

What is Nexgen Energy Ltd (NXE) stock price today?

The current price of NXE is 12.64 USD — it has decreased -2.77

What is Nexgen Energy Ltd (NXE)'s business?

NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. It is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It is focused on optimally developing the Rook I Project. It has a portfolio of highly prospective projects, including its 100% owned Rook I property that is host to the high-grade Arrow Deposit, South Arrow, Harpoon, Bow, and the Cannon area. The Rook I Project is a development-stage uranium project in Canada. The new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin, located in Saskatchewan. Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery. The Rook I Project, host of the Arrow Deposit, which is a development-stage uranium project in Canada and is 100% owned by NexGen Energy Ltd. The Rook I property hosts the Harpoon Discovery located 4.7 km northeast of the Arrow Deposit.

What is the price predicton of NXE Stock?

Wall Street analysts forecast NXE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NXE is12.84 USD with a low forecast of 10.78 USD and a high forecast of 14.37 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Nexgen Energy Ltd (NXE)'s revenue for the last quarter?

Nexgen Energy Ltd revenue for the last quarter amounts to -36.65M USD, increased 50.09

What is Nexgen Energy Ltd (NXE)'s earnings per share (EPS) for the last quarter?

Nexgen Energy Ltd. EPS for the last quarter amounts to -105480000.00 USD, increased 66.22

How many employees does Nexgen Energy Ltd (NXE). have?

Nexgen Energy Ltd (NXE) has 142 emplpoyees as of March 11 2026.

What is Nexgen Energy Ltd (NXE) market cap?

Today NXE has the market capitalization of 8.59B USD.