Terrestrial Energy (NASDAQ:IMSR) Stock Price Down 7.1% – Here’s Why

Posted by Francis Steltz on Jun 24th, 2026

Terrestrial Energy Inc. (NASDAQ:IMSR – Get Free Report) shares fell 7.1% during mid-day trading on Monday . The company traded as low as $7.82 and last traded at $7.9090. Approximately 911,403 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 2,911,591 shares. The stock had previously closed at $8.51.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Terrestrial Energy in a research report on Monday, May 11th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $13.50.

Read Our Latest Stock Report on Terrestrial Energy

Terrestrial Energy Price Performance

The business’s 50-day moving average price is $7.63. The firm has a market cap of $779.58 million, a price-to-earnings ratio of -74.00 and a beta of 2.07.

Terrestrial Energy (NASDAQ:IMSR – Get Free Report) last released its quarterly earnings data on Monday, March 30th. The company reported ($0.50) EPS for the quarter. As a group, equities analysts predict that Terrestrial Energy Inc. will post -0.46 earnings per share for the current year.

Hedge Funds Weigh In On Terrestrial Energy

Large investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of Terrestrial Energy by 96.0% during the first quarter. Bank of America Corp DE now owns 132,750 shares of the company’s stock valued at $797,000 after purchasing an additional 65,021 shares during the period. California State Teachers Retirement System purchased a new position in shares of Terrestrial Energy in the first quarter worth $188,000. Renaissance Technologies LLC increased its stake in shares of Terrestrial Energy by 136.1% in the first quarter. Renaissance Technologies LLC now owns 407,900 shares of the company’s stock worth $2,449,000 after buying an additional 235,100 shares during the period. Swiss National Bank bought a new stake in Terrestrial Energy during the 1st quarter valued at $340,000. Finally, Bank of New York Mellon Corp bought a new stake in Terrestrial Energy during the 1st quarter valued at $102,000.

About Terrestrial Energy

(Get Free Report)

Terrestrial Energy Inc produces carbon free nuclear energy in North Carolina and internationally. The company was founded in 2013 and is headquartered in Charlotte, North Carolina.