What is Northland Securities’ Forecast for NNE Q1 Earnings?

Nano Nuclear Energy Inc. (NASDAQ:NNE) – Investment analysts at Northland Securities issued their Q1 2027 earnings per share (EPS) estimates for shares of Nano Nuclear Energy in a report issued on Thursday, April 2nd. Northland Securities analyst J. Grampp expects that the company will post earnings of ($0.48) per share for the quarter. The consensus estimate for Nano Nuclear Energy’s current full-year earnings is ($0.92) per share. Northland Securities also issued estimates for Nano Nuclear Energy’s Q2 2027 earnings at ($0.56) EPS, Q3 2027 earnings at ($0.65) EPS and Q4 2027 earnings at ($0.73) EPS.

Nano Nuclear Energy (NASDAQ:NNE) last issued its earnings results on Tuesday, February 17th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.19.

A number of other research analysts have also recently issued reports on NNE. Weiss Ratings reiterated a “sell (d-)” rating on shares of Nano Nuclear Energy in a report on Thursday, January 22nd. Benchmark reiterated a “buy” rating on shares of Nano Nuclear Energy in a research note on Wednesday, February 18th. Finally, Texas Capital upgraded Nano Nuclear Energy to a “strong-buy” rating in a research note on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Nano Nuclear Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

Nano Nuclear Energy Trading Up 4.8%

NASDAQ:NNE opened at $21.38 on Friday. The firm has a fifty day simple moving average of $25.40 and a two-hundred day simple moving average of $33.25. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of -19.80 and a beta of 7.25. Nano Nuclear Energy has a 12 month low of $17.26 and a 12 month high of $60.87.

Institutional Investors Weigh In On Nano Nuclear Energy

Several hedge funds have recently added to or reduced their stakes in NNE. Exchange Traded Concepts LLC grew its position in Nano Nuclear Energy by 64.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 298,163 shares of the company’s stock valued at $11,497,000 after purchasing an additional 116,387 shares during the last quarter. SG Americas Securities LLC raised its position in Nano Nuclear Energy by 549.0% in the 3rd quarter. SG Americas Securities LLC now owns 33,408 shares of the company’s stock worth $1,288,000 after buying an additional 28,260 shares during the last quarter. Van ECK Associates Corp lifted its stake in Nano Nuclear Energy by 65.7% during the 3rd quarter. Van ECK Associates Corp now owns 2,598,280 shares of the company’s stock valued at $100,190,000 after acquiring an additional 1,030,262 shares during the period. Vanguard Group Inc. grew its stake in shares of Nano Nuclear Energy by 40.9% in the third quarter. Vanguard Group Inc. now owns 1,777,684 shares of the company’s stock worth $68,547,000 after acquiring an additional 516,129 shares during the period. Finally, Hood River Capital Management LLC purchased a new position in shares of Nano Nuclear Energy during the second quarter valued at approximately $31,935,000.

Insider Activity at Nano Nuclear Energy

In other news, CEO James John Walker sold 195,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $34.04, for a total value of $6,637,800.00. Following the sale, the chief executive officer directly owned 250,000 shares of the company’s stock, valued at $8,510,000. The trade was a 43.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman Jiang Yu sold 766,661 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $34.14, for a total value of $26,173,806.54. Following the completion of the sale, the chairman owned 8,724,000 shares in the company, valued at $297,837,360. The trade was a 8.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,069,664 shares of company stock worth $69,926,176 over the last 90 days. 32.77% of the stock is currently owned by insiders.

About Nano Nuclear Energy

NANO Nuclear Energy, Inc is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.