NioCorp Developments (NASDAQ:NB) Downgraded by Zacks Research to “Hold”

Posted by Brian Himes on May 21st, 2026

NioCorp Developments (NASDAQ:NB – Get Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Several other equities research analysts have also commented on NB. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NioCorp Developments in a research report on Tuesday, April 21st. HC Wainwright reduced their price target on shares of NioCorp Developments from $11.25 to $10.00 and set a “buy” rating for the company in a research report on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, NioCorp Developments has an average rating of “Hold” and an average target price of $7.90.

View Our Latest Research Report on NB

NioCorp Developments Trading Up 7.4%

Shares of NB stock opened at $5.21 on Tuesday. NioCorp Developments has a 12 month low of $2.17 and a 12 month high of $12.58. The stock has a market cap of $743.62 million, a PE ratio of -7.66 and a beta of 0.23. The company’s fifty day moving average price is $5.27 and its 200-day moving average price is $5.76.

NioCorp Developments (NASDAQ:NB – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.02) EPS for the quarter, meeting the consensus estimate of ($0.02). On average, sell-side analysts forecast that NioCorp Developments will post -0.56 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Brevan Howard Capital Management LP bought a new position in shares of NioCorp Developments during the 3rd quarter valued at approximately $9,690,000. HITE Hedge Asset Management LLC bought a new position in shares of NioCorp Developments during the 3rd quarter valued at approximately $9,770,000. PFG Advisors bought a new position in shares of NioCorp Developments during the 3rd quarter valued at approximately $1,224,000. Rathbones Group PLC bought a new position in shares of NioCorp Developments during the 3rd quarter valued at approximately $294,000. Finally, Advisory Alpha LLC bought a new position in shares of NioCorp Developments during the 3rd quarter valued at approximately $101,000. 4.03% of the stock is currently owned by institutional investors.

About NioCorp Developments

(Get Free Report)

NioCorp Developments Ltd is a North American critical minerals development company focused on advancing its flagship Elk Creek Critical Minerals Project in southeastern Nebraska. The company’s primary business activity centers on the exploration, evaluation and development of a polymetallic deposit that hosts significant quantities of niobium, scandium and titanium. Through metallurgical testing and prefeasibility studies, NioCorp aims to produce high-purity ferroniobium, high-purity titanium dioxide slag and scandium oxide for industrial, aerospace and clean-energy applications.

At the heart of NioCorp’s operations is the Elk Creek project, where the company holds surface rights and mineral leases across approximately 7,100 acres of land.