NXG Shares NexGen Energy Ltd.

ASX · ASX

$11.67 +2.28% Prices as of close 2026-10-26

Last in our picks 2026-10-23 — not in the current list; analysis below is from that screen

High-grade Rook project and bullish uranium forecasts support strong development-stage upside.

Future value: $20.30 (+77.92%) · 6-12 months · analyst consensus

Signal breakdown

▸Barrenjoey initiated Overweight with a $14.80 target.
▾Below 50-day MA (-16.15%)
▾Near 52-week low (0.8% of range)
▸~78% upside to price target

Is NXG a buy right now?

Trend: NXG is trading below the 50-day average (-13.36%), RSI 59 — neutral momentum, with a 3-month return of -7.31%.

Valuation & quality: NexGen Energy Ltd. trades on forward P/E -59.1, price-to-book 4.19; fundamentals show net margin 0.0%, return on equity -17.7%.

Analyst consensus: 6 analysts have a mean 12-month price target of A$20.29 (+73.9% vs the last close; range A$14.94 – A$27.11), consensus rating “strong buy”.

Our screen: BUY (score 3) — High-grade Rook project and bullish uranium forecasts support strong development-stage upside.

Computed from end-of-day data; not personal advice.

12-month price chart

Daily close, 2026-02-08 → 2026-10-26 (AUD). Range 11.4 – 18.3.

Monthly returns

Mar 26	Apr 26	May 26	Jun 26	Jul 26	Aug 26	Sep 26	Oct 26
-4.70%	-5.10%	-2.90%	-11.70%	-5.20%	+9.60%	-11.30%	-9.50%

Fundamentals

Market cap

$7.72B

P/E (ttm)

-57.8

Forward P/E

-59.1

EPS (ttm)

$-0.45

Price / book

4.19

Beta

1.72

Net margin

0.0%

ROE

-17.7%

Free cash flow

$-298,314,368

Debt / equity

34%

52-wk range

$11.34 – $20.47

Volume

376,060

Avg volume (3m)

678,580

Analyst price target

Mean target

$20.29

Low

$14.94

High

$27.11

Analysts

Consensus

STRONG BUY

Technical signals

RSI (14)

59.3

vs 50-day MA

-13.36%

1-mo return

-9.32%

3-mo return

-7.31%

Volume z-score

-0.80

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.

Sector: Energy · Industry: Uranium · Canada · 142 employees · Website

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General information only (Australia). This is general information, not financial product advice. It doesn't consider your objectives, financial situation or needs — consider its appropriateness and seek licensed advice before acting. Not a recommendation to buy or sell any financial product.

Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.