New Era Energy & Digital (NASDAQ:NUAI) Shares Gap Up – Time to Buy?

New Era Energy & Digital Inc (NASDAQ:NUAI) shares gapped up prior to trading on Thursday . The stock had previously closed at $5.73, but opened at $6.09. New Era Energy & Digital shares last traded at $5.8180, with a volume of 3,145,080 shares changing hands.

Analyst Upgrades and Downgrades

NUAI has been the topic of a number of recent research reports. Weiss Ratings lowered shares of New Era Energy & Digital from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 22nd. Wall Street Zen upgraded shares of New Era Energy & Digital from a “strong sell” rating to a “sell” rating in a report on Saturday, June 13th. New Street Research set a $8.60 price objective on shares of New Era Energy & Digital in a research report on Thursday, April 16th. Texas Capital upgraded shares of New Era Energy & Digital to a “strong-buy” rating in a report on Thursday, April 16th. Finally, Northland Securities started coverage on shares of New Era Energy & Digital in a research note on Thursday, April 16th. They set an “outperform” rating and a $11.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $9.80.

New Era Energy & Digital Price Performance

The firm has a 50 day moving average of $4.70 and a two-hundred day moving average of $4.68. The stock has a market cap of $627.49 million, a PE ratio of -6.32 and a beta of 1.27.

New Era Energy & Digital (NASDAQ:NUAI) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.16) EPS for the quarter. New Era Energy & Digital had a negative net margin of 2,592.43% and a negative return on equity of 687.58%. The company had revenue of $0.80 million during the quarter. As a group, equities analysts anticipate that New Era Energy & Digital Inc will post -0.51 EPS for the current fiscal year.

Institutional Investors Weigh In On New Era Energy & Digital

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted its position in New Era Energy & Digital by 228.4% in the first quarter. Bank of America Corp DE now owns 51,605 shares of the company’s stock valued at $210,000 after acquiring an additional 35,892 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of New Era Energy & Digital by 17,933.3% during the first quarter. Royal Bank of Canada now owns 69,789 shares of the company’s stock worth $283,000 after purchasing an additional 69,402 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of New Era Energy & Digital during the first quarter worth about $70,000. First Trust Advisors LP increased its position in shares of New Era Energy & Digital by 113.5% during the first quarter. First Trust Advisors LP now owns 1,614,504 shares of the company’s stock worth $6,555,000 after purchasing an additional 858,329 shares in the last quarter. Finally, Apollon Wealth Management LLC purchased a new stake in shares of New Era Energy & Digital in the 1st quarter valued at about $77,000. 21.90% of the stock is currently owned by institutional investors and hedge funds.

About New Era Energy & Digital

New Era Energy & Digital, Inc, operates as an exploration and production platform, engages in the exploration, development, and production of helium, oil and natural gas, and natural gas liquids in the United States. The company owns and operates a portfolio of approximately 137,000 acres in Southeast New Mexico. Its flagship Pecos Slope Field covering an area of 1893 square kilometers located 20 miles north of Roswell, New Mexico. It serves Tier 2 gas companies and balloon gas distributors. The company was formerly known as New Era Helium, Inc and changed its name to New Era Energy & Digital, Inc in August 2025.