enCore Energy (NASDAQ:EU) Price Target Lowered to $3.75 at HC Wainwright

Posted by George Bondi on May 16th, 2026

enCore Energy (NASDAQ:EU – Free Report) had its target price decreased by HC Wainwright from $4.00 to $3.75 in a research report sent to investors on Friday, Marketbeat Ratings reports. HC Wainwright currently has a buy rating on the stock.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of enCore Energy in a report on Monday, April 20th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, enCore Energy has an average rating of “Moderate Buy” and an average target price of $3.75.

Check Out Our Latest Report on enCore Energy

enCore Energy Trading Down 6.2%

Shares of NASDAQ:EU opened at $1.52 on Friday. The stock has a market capitalization of $295.21 million, a price-to-earnings ratio of -10.13 and a beta of 2.18. enCore Energy has a 1-year low of $1.51 and a 1-year high of $4.19. The company has a debt-to-equity ratio of 0.43, a quick ratio of 7.64 and a current ratio of 8.03. The company has a 50 day moving average price of $1.88 and a 200 day moving average price of $2.45.

enCore Energy (NASDAQ:EU – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). The business had revenue of $18.30 million for the quarter, compared to the consensus estimate of $9.30 million. enCore Energy had a negative return on equity of 22.06% and a negative net margin of 62.96%. On average, research analysts anticipate that enCore Energy will post -0.21 EPS for the current fiscal year.

Hedge Funds Weigh In On enCore Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its position in enCore Energy by 13.2% in the 1st quarter. NewEdge Advisors LLC now owns 294,405 shares of the company’s stock worth $403,000 after buying an additional 34,250 shares in the last quarter. Creative Planning lifted its position in enCore Energy by 66.1% in the 2nd quarter. Creative Planning now owns 24,162 shares of the company’s stock worth $69,000 after buying an additional 9,612 shares in the last quarter. Prudential Financial Inc. lifted its position in enCore Energy by 68.9% in the 2nd quarter. Prudential Financial Inc. now owns 20,550 shares of the company’s stock worth $59,000 after buying an additional 8,380 shares in the last quarter. Marshall Wace LLP lifted its position in enCore Energy by 293.9% in the 2nd quarter. Marshall Wace LLP now owns 1,262,065 shares of the company’s stock worth $3,610,000 after buying an additional 941,691 shares in the last quarter. Finally, Main Street Financial Solutions LLC purchased a new stake in enCore Energy in the 2nd quarter worth approximately $87,000. 20.86% of the stock is currently owned by hedge funds and other institutional investors.

About enCore Energy

(Get Free Report)

enCore Energy Inc is a U.S.-based uranium exploration and development company focused on deploying in-situ recovery (ISR) technology to bring domestic uranium projects into production. The company’s operations are centered on the Nichols Ranch ISR facility in Wyoming, which represents enCore’s flagship asset and its nearest-term production opportunity. Through ISR methods, enCore seeks to extract uranium with lower environmental impact and capital requirements relative to conventional mining.

In addition to Nichols Ranch, enCore holds a diversified portfolio of uranium properties in the western United States, including the Roca Honda project in New Mexico and several ISR-amenable projects in the Texas and Oklahoma regions.