NexGen Energy (NYSE:NXE) Stock Has Average Target Price of $14.00 According to Brokerages

Posted by Francis Steltz on Oct 14th, 2026

Shares of NexGen Energy (NYSE:NXE – Get Free Report) have received an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $14.00.

NXE has been the topic of several recent analyst reports. JPMorgan Chase & Co. initiated coverage on shares of NexGen Energy in a report on Monday, September 21st. They issued an “overweight” rating and a $14.00 target price on the stock. Wall Street Zen raised NexGen Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. Jefferies Financial Group assumed coverage on NexGen Energy in a research note on Thursday, September 3rd. They issued a “buy” rating on the stock. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of NexGen Energy in a research note on Friday, August 28th.

Get Our Latest Stock Report on NexGen Energy

Institutional Investors Weigh In On NexGen Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Amundi grew its position in NexGen Energy by 45.0% during the second quarter. Amundi now owns 3,020,476 shares of the company’s stock worth $28,362,000 after buying an additional 936,908 shares in the last quarter. Janus Henderson Group PLC increased its stake in NexGen Energy by 107.0% during the first quarter. Janus Henderson Group PLC now owns 799,183 shares of the company’s stock valued at $9,248,000 after acquiring an additional 413,061 shares during the period. Ninepoint Partners LP bought a new position in NexGen Energy during the second quarter valued at about $3,333,000. Public Employees Retirement System of Ohio acquired a new position in NexGen Energy in the 2nd quarter valued at approximately $1,448,000. Finally, Wellington Management Group LLP acquired a new position in NexGen Energy in the 2nd quarter valued at approximately $4,507,000. Institutional investors and hedge funds own 42.43% of the company’s stock.

NexGen Energy Stock Down 1.1%

NXE stock opened at $8.48 on Friday. NexGen Energy has a 1 year low of $7.33 and a 1 year high of $13.96. The company has a fifty day simple moving average of $9.93 and a 200 day simple moving average of $10.47.

NexGen Energy Company Profile

(Get Free Report)

NexGen Energy Ltd. is a mineral exploration and development company focused on uranium assets in the Athabasca Basin of Saskatchewan, Canada. The company’s primary project is the Rook I property, which hosts the Arrow uranium deposit in the western Athabasca Basin.

NexGen is advancing Rook I through exploration, technical studies, permitting and development activities. Its work includes drilling, resource evaluation, environmental assessment and infrastructure planning related to the potential future production of uranium.