Is Nano Nuclear Energy Inc (NASDAQ: NNE) Stock Worth Investing In for High Returns?

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In the latest trading session, 0.37 million Nano Nuclear Energy Inc (NASDAQ:NNE) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $21.16 changed hands at -$0.29 or -1.34% at last look, the market valuation stands at $784.57M. NNE’s current price is a discount, trading about -127.08% off its 52-week high of $48.05. The share price had its 52-week low at $3.25, which suggests the last value was 84.64% up since then. When we look at Nano Nuclear Energy Inc’s average trading volume, we note the 10-day average is 1.78 million shares, with the 3-month average coming to 4.65 million.

Analysts gave the Nano Nuclear Energy Inc (NNE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NNE as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Nano Nuclear Energy Inc’s EPS for the current quarter is expected to be 0.

Nano Nuclear Energy Inc (NASDAQ:NNE) trade information

Instantly NNE was in red as seen in intraday trades today. With action -20.02%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -14.99%, with the 5-day performance at -20.02% in the red. However, in the 30-day time frame, Nano Nuclear Energy Inc (NASDAQ:NNE) is -21.56% down. Looking at the short shares, we see there were 4.54 million shares sold at short interest cover period of 1.55 days.

The consensus price target for the stock as assigned by Wall Street analysts is 50, meaning bulls need an upside of 57.68% from its recent market value. According to analyst projections, NNE’s forecast low is 50 with 50 as the target high. To hit the forecast high, the stock’s price needs a -136.29% plunge from its current level, while the stock would need to soar -136.29% for it to hit the projected low.

Nano Nuclear Energy Inc (NASDAQ:NNE)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 34.97% of Nano Nuclear Energy Inc shares while 20.99% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 32.28%. There are 20.99% institutions holding the Nano Nuclear Energy Inc stock share, with CITIZENS FINANCIAL GROUP INC/RI the top institutional holder. As of 2024-06-30, the company held 0.3132% of the shares, roughly 86000.0 NNE shares worth $2.02 million.

SCHONFELD STRATEGIC ADVISORS LLC holds the second largest percentage of outstanding shares, with 0.1437% or 39461.0 shares worth $0.92 million as of 2024-06-30.

Among Mutual Funds, the top two as of Mar 31, 2025 were VanEck ETF Trust-VanEck Uranium and Nuclear ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 753.63 shares estimated at $17.31 million under it, the former controlled 2.03% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 1.71% of the shares, roughly 635.4 shares worth around $14.59 million.