FY2026 EPS Estimates for enCore Energy Lowered by B. Riley

enCore Energy Corp. (NASDAQ:EU) – B. Riley cut their FY2026 earnings estimates for 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 previous forecast 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.

A number of other brokerages have also issued reports on EU. Ventum Cap Mkts upgraded shares of enCore Energy to a “strong-buy” rating in a research report on Thursday, August 22nd. HC Wainwright reaffirmed a “buy” rating and issued a $7.00 price objective on shares of enCore Energy in a research note on Tuesday.

enCore Energy Price Performance

EU opened at $3.83 on Wednesday. The stock has a market capitalization of $712.53 million, a PE ratio of -13.68 and a beta of 0.05. The firm’s fifty day moving average price is $3.94 and its 200 day moving average price is $3.97. enCore Energy has a 12-month low of $3.02 and a 12-month high of $5.05.

Institutional Trading of enCore Energy

A number of large investors have recently bought and sold shares of the business. Rathbones Group PLC acquired a new stake in shares of enCore Energy in the 2nd quarter valued at approximately $39,000. Xponance Inc. acquired a new stake in enCore Energy during the 2nd quarter valued at $43,000. Sei Investments Co. acquired a new stake in enCore Energy during the 2nd quarter valued at $46,000. Virtu Financial LLC acquired a new stake in enCore Energy during the 1st quarter valued at $84,000. Finally, Principal Financial Group Inc. lifted its holdings 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 during the last quarter. 20.86% of the stock is owned by institutional investors.

About enCore Energy

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.