Noble Financial Predicts Nukkleus FY2028 Earnings

Nukkleus Inc. (NASDAQ:DFNS) – Noble Financial issued their FY2028 earnings estimates for Nukkleus in a report released on Wednesday, September 2nd. Noble Financial analyst J. Gomes anticipates that the company will post earnings per share of ($1.41) for the year. Noble Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Nukkleus’ current full-year earnings is ($3.90) per share.

Nukkleus (NASDAQ:DFNS) last announced its quarterly earnings data on Wednesday, August 19th. The company reported ($173.80) earnings per share for the quarter, missing analysts’ consensus estimates of ($3.11) by ($170.69). The firm had revenue of $4.00 million for the quarter, compared to analysts’ expectations of $4.50 million.

DFNS has been the topic of a number of other reports. Weiss Ratings lowered Nukkleus from a “sell (d+)” rating to a “sell (e+)” rating in a report on Monday, July 20th. Wall Street Zen downgraded Nukkleus from a “sell” rating to a “strong sell” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Nukkleus Stock Performance

Shares of DFNS opened at $10.16 on Wednesday. The stock has a 50-day moving average of $21.86 and a two-hundred day moving average of $68.07. Nukkleus has a one year low of $3.70 and a one year high of $1,948.75. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.11 and a current ratio of 0.14. The stock has a market cap of $16.91 million, a P/E ratio of -0.03 and a beta of -5.88.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DFNS. BNP Paribas Financial Markets acquired a new position in Nukkleus during the second quarter valued at $56,000. UBS Group AG grew its position in Nukkleus by 23.3% during the 3rd quarter. UBS Group AG now owns 80,512 shares of the company’s stock worth $564,000 after purchasing an additional 15,223 shares during the period. Ausdal Financial Partners Inc. acquired a new stake in Nukkleus during the 3rd quarter worth about $105,000. Geode Capital Management LLC raised its stake in shares of Nukkleus by 193.7% during the 4th quarter. Geode Capital Management LLC now owns 124,714 shares of the company’s stock valued at $503,000 after buying an additional 82,252 shares during the last quarter. Finally, LPL Financial LLC purchased a new position in shares of Nukkleus during the 4th quarter valued at about $120,000. Hedge funds and other institutional investors own 12.47% of the company’s stock.

About Nukkleus

Nukkleus Inc, a financial technology company, provides blockchain-enabled technology solutions worldwide. It focuses on providing software and technology solutions for retail foreign exchange trading industry. The company provides transactions platform for dealing and risk management services. It also offers cross-border payment and transactions solutions and blockchain-enabled financial services solutions to institutional investors. In addition, the company provides software, technology, customer sales and marketing, and risk management technology hardware and software solutions.