NioCorp Developments Ltd. (NASDAQ:NB) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Posted by Brenda Bartman on Oct 23rd, 2026

Shares of NioCorp Developments Ltd. (NASDAQ:NB – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the five analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $8.85.

Several equities analysts have recently weighed in on the stock. Zacks Research raised shares of NioCorp Developments from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 14th. Weiss Ratings reissued a “sell (d-)” rating on shares of NioCorp Developments in a research report on Thursday, October 15th. HC Wainwright reissued a “buy” rating on shares of NioCorp Developments in a research report on Wednesday, July 15th. Jefferies Financial Group assumed coverage on shares of NioCorp Developments in a report on Wednesday, September 2nd. They set a “hold” rating and a $4.70 target price for the company. Finally, Wall Street Zen raised shares of NioCorp Developments from a “strong sell” rating to a “sell” rating in a research report on Saturday, October 10th.

View Our Latest Research Report on NioCorp Developments

Institutional Investors Weigh In On NioCorp Developments

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Gratia Capital LLC acquired a new position in shares of NioCorp Developments during the 2nd quarter worth about $1,976,000. Bank of New York Mellon Corp bought a new position in shares of NioCorp Developments in the 2nd quarter valued at about $1,988,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of NioCorp Developments in the first quarter valued at about $535,000. Quantinno Capital Management LP acquired a new stake in shares of NioCorp Developments in the first quarter valued at about $694,000. Finally, Altshuler Shaham Ltd bought a new stake in NioCorp Developments during the first quarter worth about $61,000. 4.03% of the stock is owned by institutional investors.

NioCorp Developments Stock Performance

NASDAQ:NB opened at $2.97 on Friday. The stock has a 50-day simple moving average of $3.78 and a 200 day simple moving average of $4.69. NioCorp Developments has a 52-week low of $2.93 and a 52-week high of $9.05. The company has a market cap of $432.40 million, a PE ratio of -5.50 and a beta of 0.28.

NioCorp Developments (NASDAQ:NB – Get Free Report) last released its earnings results on Friday, September 25th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.02. On average, research analysts predict that NioCorp Developments will post -0.28 earnings per share for the current fiscal year.

NioCorp Developments Company Profile

(Get Free Report)

NioCorp Developments Ltd. is a mineral-development company focused on advancing the Elk Creek Critical Minerals Project in southeastern Nebraska. The proposed project is designed to produce niobium, scandium and titanium, along with potential rare earth products, from a carbonatite ore body. These minerals are used in applications such as high-strength steel, aerospace components, lightweight alloys, permanent magnets and other advanced technologies.

NioCorp is focused on permitting, project financing, engineering and development rather than operating a producing mine.