Analysts Offer Predictions for NMG FY2026 Earnings

Nouveau Monde Graphite Inc. (NYSE:NMG) – Investment analysts at HC Wainwright issued their FY2026 earnings estimates for shares of Nouveau Monde Graphite in a research report issued on Thursday, May 21st. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of ($0.25) for the year. HC Wainwright has a “Buy” rating and a $4.50 price target on the stock. The consensus estimate for Nouveau Monde Graphite’s current full-year earnings is ($0.20) per share.

A number of other brokerages have also weighed in on NMG. National Bank Financial upgraded shares of Nouveau Monde Graphite to a “strong-buy” rating in a research report on Friday, April 17th. Roth Mkm set a $3.50 price target on shares of Nouveau Monde Graphite in a report on Monday, May 18th. Finally, Wall Street Zen raised shares of Nouveau Monde Graphite from a “sell” rating to a “hold” rating in a research note on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Nouveau Monde Graphite has a consensus rating of “Moderate Buy” and a consensus price target of $4.67.

Nouveau Monde Graphite Stock Performance

Shares of NYSE:NMG opened at $1.94 on Monday. The company’s 50 day simple moving average is $2.11 and its 200 day simple moving average is $2.45. The stock has a market capitalization of $311.21 million, a price-to-earnings ratio of -4.30 and a beta of 0.78. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.75 and a quick ratio of 0.75. Nouveau Monde Graphite has a 1 year low of $1.60 and a 1 year high of $6.06.

Nouveau Monde Graphite (NYSE:NMG) last released its quarterly earnings results on Wednesday, May 13th. The company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.06.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its stake in shares of Nouveau Monde Graphite by 5,215.1% during the 1st quarter. Bank of America Corp DE now owns 89,826 shares of the company’s stock valued at $201,000 after buying an additional 88,136 shares in the last quarter. Renaissance Technologies LLC lifted its stake in shares of Nouveau Monde Graphite by 1,185.2% during the 1st quarter. Renaissance Technologies LLC now owns 1,433,023 shares of the company’s stock valued at $3,210,000 after buying an additional 1,321,523 shares in the last quarter. Brooklands Fund Management Ltd lifted its stake in shares of Nouveau Monde Graphite by 88.6% during the 1st quarter. Brooklands Fund Management Ltd now owns 120,000 shares of the company’s stock valued at $269,000 after buying an additional 56,384 shares in the last quarter. Banque Cantonale Vaudoise lifted its stake in shares of Nouveau Monde Graphite by 119.7% during the 1st quarter. Banque Cantonale Vaudoise now owns 116,000 shares of the company’s stock valued at $260,000 after buying an additional 63,200 shares in the last quarter. Finally, Millennium Management LLC lifted its stake in shares of Nouveau Monde Graphite by 405.9% during the 4th quarter. Millennium Management LLC now owns 349,950 shares of the company’s stock valued at $868,000 after buying an additional 280,771 shares in the last quarter. 41.09% of the stock is currently owned by hedge funds and other institutional investors.

Nouveau Monde Graphite Company Profile

Nouveau Monde Graphite is a Canadian mineral development company focused on the exploration, development and production of high-purity natural graphite for the electric vehicle and energy storage markets. The company’s flagship Matawinie graphite project, located north of Montreal in the province of Québec, represents one of the largest known high-grade natural graphite deposits globally. Nouveau Monde Graphite aims to advance the project toward commercial production by leveraging Québec’s abundant renewable hydroelectric power and strong mining expertise.

In addition to its core mining operations, the company operates a demonstration plant in Bécancour, Québec, where it produces coated spherical purified graphite (CSPG) anode material.