Nano Nuclear Energy (NASDAQ:NNE) Shares Down 11.6% – Should You Sell?

Posted by Geri Gentry on Jun 3rd, 2026

Nano Nuclear Energy Inc. (NASDAQ:NNE – Get Free Report)’s stock price traded down 11.6% on Wednesday . The company traded as low as $26.61 and last traded at $27.01. 1,160,564 shares changed hands during trading, a decline of 45% from the average session volume of 2,109,031 shares. The stock had previously closed at $30.57.

Analysts Set New Price Targets

Several brokerages have recently commented on NNE. Benchmark reaffirmed a “buy” rating on shares of Nano Nuclear Energy in a research report on Wednesday, May 27th. Wall Street Zen raised shares of Nano Nuclear Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 23rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Nano Nuclear Energy in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Nano Nuclear Energy has an average rating of “Moderate Buy” and a consensus target price of $47.00.

Read Our Latest Stock Analysis on Nano Nuclear Energy

Nano Nuclear Energy Trading Down 13.6%

The firm’s 50-day moving average is $24.25 and its 200-day moving average is $27.78. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of -38.29 and a beta of 5.05.

Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.08. Analysts forecast that Nano Nuclear Energy Inc. will post -1.02 EPS for the current fiscal year.

Institutional Trading of Nano Nuclear Energy

Several hedge funds have recently bought and sold shares of the business. Van ECK Associates Corp grew its position in Nano Nuclear Energy by 24.7% in the 4th quarter. Van ECK Associates Corp now owns 3,241,350 shares of the company’s stock valued at $77,825,000 after purchasing an additional 643,070 shares during the period. Vanguard Group Inc. boosted its holdings in Nano Nuclear Energy by 27.4% during the 4th quarter. Vanguard Group Inc. now owns 2,264,051 shares of the company’s stock worth $54,360,000 after acquiring an additional 486,367 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Nano Nuclear Energy by 11,676.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,726,250 shares of the company’s stock worth $66,564,000 after acquiring an additional 1,711,592 shares during the last quarter. Weiss Asset Management LP purchased a new position in Nano Nuclear Energy during the 4th quarter worth $38,224,000. Finally, Ghisallo Capital Management LLC purchased a new position in Nano Nuclear Energy during the 4th quarter worth $38,224,000.

Nano Nuclear Energy Company Profile

(Get Free Report)

NANO Nuclear Energy, Inc is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.