Eagle Nuclear Energy (NASDAQ:NUCL) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Eagle Nuclear Energy (NASDAQ:NUCL) to a hold rating in a research report released on Thursday morning,Zacks reports.

A number of other equities analysts also recently commented on the stock. Wall Street Zen downgraded shares of Eagle Nuclear Energy from a “hold” rating to a “sell” rating in a research note on Saturday. HC Wainwright assumed coverage on Eagle Nuclear Energy in a research note on Wednesday. They issued a “buy” rating and a $11.50 price target on the stock. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.50.

Eagle Nuclear Energy Trading Down 0.6%

Shares of NASDAQ:NUCL opened at $6.76 on Thursday. Eagle Nuclear Energy has a fifty-two week low of $4.55 and a fifty-two week high of $14.22. The firm has a market capitalization of $199.96 million, a PE ratio of -7.12 and a beta of 0.36. The company has a 50 day moving average price of $7.01.

Eagle Nuclear Energy (NASDAQ:NUCL) last announced its quarterly earnings data on Monday, July 20th. The nuclear energy company reported ($0.87) EPS for the quarter. On average, research analysts predict that Eagle Nuclear Energy will post -1.37 EPS for the current fiscal year.

Hedge Funds Weigh In On Eagle Nuclear Energy

Several hedge funds have recently added to or reduced their stakes in NUCL. Readystate Asset Management LP acquired a new stake in Eagle Nuclear Energy during the second quarter worth approximately $796,000. Greenland Capital Management LP acquired a new position in shares of Eagle Nuclear Energy in the 2nd quarter valued at $972,000. BlackRock Inc. acquired a new position in shares of Eagle Nuclear Energy in the 2nd quarter valued at $2,153,000. Alyeska Investment Group L.P. purchased a new position in shares of Eagle Nuclear Energy in the 2nd quarter valued at $3,585,000. Finally, Lineage Point Capital LP purchased a new position in shares of Eagle Nuclear Energy in the 2nd quarter valued at $5,752,000. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Eagle Nuclear Energy Company Profile

Eagle Nuclear Energy Corp. operates as a mining and exploration company focused on mineral exploration and development in North America. The company is a nuclear energy company that combines domestic uranium exploration with proprietary Small Modular Reactor (SMR) technology. It also develops modular nuclear reactors to provide power for industrial and grid applications. The company was founded in 2023 and is headquartered in Reno, Nevada.