Desjardins slashes price target on NexGen Energy Ltd [NXE] – find out why.

NexGen Energy Ltd [NYSE: NXE] jumped around 0.14 points on Monday, while shares priced at $6.76 at the close of the session, up 2.11%.

NexGen Energy Ltd stock is now -9.38% down from its year-to-date (YTD) trading value. NXE Stock saw the intraday high of $6.77 and lowest of $6.505 per share. The company’s 52-week high price is 8.96, which means current price is +72.89% above from all time high which was touched on 01/06/25.

Compared to the average trading volume of 9.23M shares, NXE reached a trading volume of 7764776 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about NexGen Energy Ltd [NXE]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NXE shares is $9.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NXE stock is a recommendation set at 1.07. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Desjardins have made an estimate for NexGen Energy Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 10, 2025. While these analysts kept the previous recommendation, Stifel raised their target price to Buy. The new note on the price target was released on March 12, 2025, representing the official price target for NexGen Energy Ltd stock.

The Price to Book ratio for the last quarter was 5.02, with the Price to Cash per share for the same quarter was set at 0.53.

How has NXE stock performed recently?

NexGen Energy Ltd [NXE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.59. With this latest performance, NXE shares gained by 1.81% in over the last four-week period, additionally sinking by -2.31% over the last 6 months – not to mention a rise of 2.42% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NXE stock in for the last two-week period is set at 56.23, with the RSI for the last a single of trading hit 0.27, and the three-weeks RSI is set at 0.28 for NexGen Energy Ltd [NXE]. The present Moving Average for the last 50 days of trading for this stock 6.23, while it was recorded at 6.58 for the last single week of trading, and 6.40 for the last 200 days.

NexGen Energy Ltd [NXE]: Deeper insight into the fundamentals

Return on Equity for this stock declined to -6.83%, with Return on Assets sitting at -6.83%.

Earnings analysis for NexGen Energy Ltd [NXE]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NXE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NexGen Energy Ltd go to -18.72%.

Insider trade positions for NexGen Energy Ltd [NXE]

There are presently around $54.65%, or 59.37% of NXE stock, in the hands of institutional investors. The top three institutional holders of NXE stocks are: L1 CAPITAL PTY LTD with ownership of 30.31 million shares, which is approximately 3.9153%. MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., holding 28.59 million shares of the stock with an approximate value of $$199.35 million in NXE stocks shares; and MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., currently with $$133.11 million in NXE stock with ownership which is approximately 2.4631%.

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