FY2026 EPS Estimates for enCore Energy Decreased by B. Riley

enCore Energy Corp. (NASDAQ:EU) – Equities research analysts at B. Riley reduced their FY2026 EPS estimates for shares of enCore Energy in a research report issued on Tuesday, November 19th. B. Riley analyst M. Key now anticipates that the company will post earnings of $0.49 per share for the year, down from their prior estimate of $0.58. The consensus estimate for enCore Energy’s current full-year earnings is ($0.11) per share. B. Riley also issued estimates for enCore Energy’s FY2027 earnings at $0.84 EPS and FY2028 earnings at $1.07 EPS.

Several other equities analysts also recently commented on the stock. HC Wainwright reiterated a “buy” rating and set a $7.00 price target on shares of enCore Energy in a report on Tuesday. Ventum Cap Mkts upgraded shares of enCore Energy to a “strong-buy” rating in a report on Thursday, August 22nd.

enCore Energy Stock Up 3.1 %

enCore Energy stock opened at $3.95 on Wednesday. The company’s 50-day moving average price is $3.94 and its 200-day moving average price is $3.97. enCore Energy has a twelve month low of $3.02 and a twelve month high of $5.05. The company has a market cap of $734.75 million, a PE ratio of -14.07 and a beta of 0.05.

Institutional Investors Weigh In On enCore Energy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Rathbones Group PLC acquired a new position in enCore Energy during the 2nd quarter valued at approximately $39,000. Xponance Inc. acquired a new position in enCore Energy during the 2nd quarter valued at approximately $43,000. Sei Investments Co. acquired a new position in enCore Energy during the 2nd quarter valued at approximately $46,000. Virtu Financial LLC acquired a new position in enCore Energy during the 1st quarter valued at approximately $84,000. Finally, Principal Financial Group Inc. increased its stake in enCore Energy by 19.6% during the 2nd quarter. Principal Financial Group Inc. now owns 22,317 shares of the company’s stock valued at $88,000 after purchasing an additional 3,652 shares in the last quarter. Hedge funds and other institutional investors own 20.86% of the company’s stock.

enCore Energy Company Profile

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.