NexGen Energy Stock Target Price and Analyst Consensus
| NXE Stock | USD 7.81 0.01 0.13% |
The current analyst and expert consensus on NexGen Energy is Strong Sell, with no strong buy opinions. The current projected NexGen Energy target price consensus is 5.31 with 0 analyst opinions. The most common way NexGen Energy analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview NexGen Energy executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on NexGen Energy. We encourage you to use your own analysis of NexGen Energy to validate this buy or sell advice. NexGen Energy buy-or-sell recommendation module provides average expert sentiment on the projected NexGen Energy target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on NexGen Energy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.
Lowest Forecast 4.83 | Highest Forecast 5.89 | Target Price 5.31 |
NexGen |
It's important to approach NexGen Energy's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize NexGen Energy price targets
NexGen Energy's stock target price is an estimate of its future price, usually made by analysts. Using NexGen Energy's target price to determine if it is a suitable investment can be done through the following steps:- Look at NexGen Energy's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if NexGen Energy's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional NexGen Energy Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of NexGen Energy is a key component of NexGen Energy valuation and have some predictive power on the future returns of a NexGen Energy.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NexGen Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Hedge Favorites Invested over 100 shares | |
Check out Macroaxis Advice on NexGen Energy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for NexGen Stock analysis
When running NexGen Energy's price analysis, check to measure NexGen Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NexGen Energy is operating at the current time. Most of NexGen Energy's value examination focuses on studying past and present price action to predict the probability of NexGen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGen Energy's price. Additionally, you may evaluate how the addition of NexGen Energy to your portfolios can decrease your overall portfolio volatility.
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The data published in NexGen Energy's official financial statements usually reflect NexGen Energy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of NexGen Energy. For example, before you start analyzing numbers published by NexGen accountants, it's critical to develop an understanding of what NexGen Energy's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of NexGen Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NexGen Energy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in NexGen Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NexGen Energy. Please utilize our Beneish M Score to check the likelihood of NexGen Energy's management manipulating its earnings.