NexGen Energy Ltd. (NXE)
Energy · NYQ
Price as at 30 Sept 2026, 21:58 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
NexGen Energy Ltd. trades at $9.12, which is 61% above the $3.60 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 16 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
NXE earnings and analyst estimates
Recommendation mix, 16 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About NexGen Energy Ltd.
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, evaluation, and development of uranium properties in Canada. The company holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of approximately 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. NexGen Energy Ltd. was founded in 2011 and is headquartered in Vancouver, Canada.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
NXE passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
9 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Jeremy Grantham, Grantham, Mayo, Van Otterloo & Co. LLC$71.28M · 0.2% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$33.00M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$15.93M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$11.51M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$9.72M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
NXE peers
The largest companies in the same industry (Uranium), then in the same sector.
- CCO.TO Cameco Corporation
- LEU Centrus Energy Corp.
- UROY Uranium Royalty Corp.
- LMRXF Laramide Resources Ltd.
- UUUFF Uranium One Mining Corp.
- NBLXF Noble Plains Uranium Corp.
- URZEF URZ3 Energy Corp.
- 2222.SR Saudi Aramco
Every energy company we cover is on the Energy hub.
Common questions
Is NexGen Energy Ltd. (NXE) undervalued?
Against our fair value estimate of $3.60, NXE at $9.12 is 61% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own NXE?
9 of the institutions we track reported a position in NXE in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
Where does SteadyShares get its NXE data?
Fundamentals for NXE come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 21:58 UTC and is delayed. Our data quality score for this company is 75/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for NXE, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.