NEXGEN ENERGY LIMITED (NXG)
Share Price Analysis and Chart

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NXG

NXG - NEXGEN ENERGY LIMITED

FNArena Sector : Uranium
Year End: December
GICS Industry Group : NONE
Debt/EBITDA: -6.1
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$17.61

26 Feb
2026

-0.450

OPEN

$17.95

-2.49%

HIGH

$18.07

640,577

LOW

$17.61

TARGET
$21.10 19.8% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
NXG: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) - 10.5 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio N/A xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in CAD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-15.5
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx232.7
Net Operating Cash Flow xxxxxxxxxxxxxxx-49.3 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-7.68 %
Return on Invested Capital xxxxxxxxxxxxxxx-7.11 %
Return on Assets xxxxxxxxxxxxxxx-5.76 %
Return on Equity xxxxxxxxxxxxxxx-7.68 %
Return on Total Capital xxxxxxxxxxxxxxx-5.92 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-52.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx513 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx513 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx535 M
Price To Book Value xxxxxxxxxxxxxxx4.65

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx144.6 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx2 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx84 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx258 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx, xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Bell Potter

15/01/2026

3

Hold

$19.30

9.60%

Bell Potter has updated its uranium outlook for 2026 including the uranium deficit sliding to around 5Mlbs from 12Mlbs in 2025 largely due to higher production from Kazatomprom and restart producers.

The broker also anticipates higher contracting activity after two years of lower than expected contracting which should underpin rising U308 term prices, forecast at US$86.5/lb. Nuclear generation starts rose by 11.6GW in 2025 and the pipeline of reactors under construction stands at 73.

Some 6GW of capacity is expected to come to market in 2026.

The broker notes NexGen Energy is due for its second round of commission hearings between Feb 9-13 with approval expected in February and construction starting in 2H2026. Target price is raised to $19.30 on changes in U308 price forecast. Hold rating retained.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 0.00 cents.
Bell Potter forecasts a full year FY26 dividend of 0.00 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Petra Capital

12/11/2025

1

Buy

$17.14

-2.67%

NexGen Energy raised around $1bn in equity in early October, adding to the September quarter cash and inventory of $735m.

The initial approval hearing for Rook 1 will be held on November 19, with a second hearing flagged for February 9–13, 2026.

The stock is a significant shareholding within ETFs, with a dual listing on the ASX and Toronto Stock Exchange, and offers one of the most liquid exposures to the uranium sector, Petra Capital comments.

NexGen remains a preferred ASX exposure with a Buy rating and $17.14 target price.
Access Extra Coverage Research History >

NXG STOCK CHART

FNArena News on NXG

1
Uranium Week: Burgeoning SuperCycle

Feb 24 2026 - Weekly Reports
2
Uranium Week: Volatility Kicks Up A Gear

Feb 10 2026 - Weekly Reports
3
Australian Broker Call *Extra* Edition – Jan 27, 2026

Jan 27 2026 - Daily Market Reports
4
Uranium Week: No Shortage Of Bullish Sentiment

Jan 27 2026 - Weekly Reports
5
Uranium Week: Sprott Buying & ASX Upgrades

Dec 16 2025 - Weekly Reports

Latest Uranium News

1
Uranium Week: Burgeoning SuperCycle

Feb 24 2026 - Weekly Reports
2
Uranium Week: Yellow Cake Raises US$110m

Feb 17 2026 - Weekly Reports
3
Uranium Week: Volatility Kicks Up A Gear

Feb 10 2026 - Weekly Reports
4
Uranium Week: Back Above US$100lb

Feb 03 2026 - Weekly Reports
5
Uranium Week: No Shortage Of Bullish Sentiment

Jan 27 2026 - Weekly Reports
6
Uranium Week: 2026 Off To The Races

Jan 20 2026 - Weekly Reports
7
Uranium Week: Boss, Is The Honeymoon Over?

Dec 23 2025 - Weekly Reports
8
Uranium Week: Sprott Buying & ASX Upgrades

Dec 16 2025 - Weekly Reports
9
Uranium Week: AI And Nuclear Converge

Dec 09 2025 - Weekly Reports
10
Uranium Week: U308 Catches Genesis Tailwinds

Dec 02 2025 - Weekly Reports