Analysts Say enCore Energy Corp (NASDAQ:EU) Can Really Get To 7 In 12 Months

In last trading session, enCore Energy Corp (NASDAQ:EU) saw 2.37 million shares changing hands with its beta currently measuring 1.79. Company’s recent per share price level of $1.40 trading at -$0.01 or -0.71% at ring of the bell on the day assigns it a market valuation of $260.76M. That closing price of EU’s stock is at a discount of -260.71% from its 52-week high price of $5.05 and is indicating a premium of 10.0% from its 52-week low price of $1.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.79 million shares which gives us an average trading volume of 2.13 million if we extend that period to 3-months.

For enCore Energy Corp (EU), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.03 in the current quarter.

enCore Energy Corp (NASDAQ:EU) trade information

Upright in the red during last session for losing -0.71%, in the last five days EU remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $1.40 price level, adding 17.16% to its value on the day. enCore Energy Corp’s shares saw a change of -58.94% in year-to-date performance and have moved -15.15% in past 5-day. enCore Energy Corp (NASDAQ:EU) showed a performance of -51.89% in past 30-days. Number of shares sold short was 10.2 million shares which calculate 6.23 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 80.0% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -400.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -400.0% for stock’s current value.

enCore Energy Corp (EU) estimates and forecasts

This year revenue growth is estimated to rise 5.79% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 17.16M for the same. And 2 analysts are in estimates of company making revenue of 18.53M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -112.98% during past 5 years.

enCore Energy Corp (NASDAQ:EU)’s Major holders

Insiders are in possession of 2.18% of company’s total shares while institution are holding 48.74 percent of that, with stock having share float percentage of 49.83%. Investors also watch the number of corporate investors in a company very closely, which is 48.74% institutions for enCore Energy Corp that are currently holding shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. is the top institutional holder at EU for having 12.17 million shares of worth $47.75 million. And as of 2024-06-30, it was holding 6.8209 of the company’s outstanding shares.

The second largest institutional holder is AZARIAS CAPITAL MANAGEMENT, L.P., which was holding about 4.81 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.6996 of outstanding shares, having a total worth of $20.59 million.

On the other hand, Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 11.82 shares of worth $16.55 million or 6.35% of the total outstanding shares. The later fund manager was in possession of 11.51 shares on Dec 31, 2024 , making its stake of worth around $16.12 million in the company or a holder of 6.18% of company’s stock.