New Era Energy & Digital Inc (NASDAQ:NUAI – Get Free Report) was the target of some unusual options trading on Wednesday. Stock traders purchased 23,674 call options on the stock. This is an increase of 49% compared to the average volume of 15,856 call options.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on NUAI. 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. B. Riley Financial started coverage on shares of New Era Energy & Digital in a research report on Tuesday, July 7th. They issued a “buy” rating and a $10.00 price target on the stock. Zacks Research upgraded shares of New Era Energy & Digital to a “hold” rating in a research note on Friday, April 17th. Wall Street Zen lowered New Era Energy & Digital from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. Finally, Texas Capital raised New Era Energy & Digital to a “strong-buy” rating in a report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, New Era Energy & Digital has an average rating of “Moderate Buy” and a consensus target price of $10.33.
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New Era Energy & Digital Price Performance
New Era Energy & Digital (NASDAQ:NUAI – Get Free Report) last announced its earnings results on Friday, May 15th. The company reported ($0.16) earnings per share (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 business had revenue of $0.80 million for the quarter. Sell-side analysts anticipate that New Era Energy & Digital will post -0.43 EPS for the current fiscal year.
Institutional Trading of New Era Energy & Digital
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of New Era Energy & Digital during the second quarter valued at approximately $45,986,000. UBS Group AG bought a new position in shares of New Era Energy & Digital during the fourth quarter valued at approximately $3,584,000. First Trust Advisors LP raised its holdings in shares of New Era Energy & Digital by 113.5% in the first quarter. First Trust Advisors LP now owns 1,614,504 shares of the company’s stock worth $6,555,000 after buying an additional 858,329 shares during the period. Geode Capital Management LLC purchased a new stake in shares of New Era Energy & Digital in the fourth quarter worth approximately $1,391,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of New Era Energy & Digital during the 4th quarter worth approximately $804,000. 21.90% of the stock is owned by hedge funds and other institutional investors.
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.
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