New Era Energy & Digital (NASDAQ:NUAI) Earns Buy Rating from Analysts at B. Riley Financial

Equities research analysts at B. Riley Financial began coverage on shares of New Era Energy & Digital (NASDAQ:NUAI) in a report released on Tuesday,Benzinga reports. The brokerage set a “buy” rating and a $10.00 price target on the stock. B. Riley Financial’s price target would indicate a potential upside of 110.08% from the company’s previous close.

A number of other research firms have also recently weighed in on NUAI. Wall Street Zen raised shares of New Era Energy & Digital from a “strong sell” rating to a “sell” rating in a research report on Monday, June 29th. New Street Research set a $8.60 target price on New Era Energy & Digital in a research report on Thursday, April 16th. Texas Capital upgraded New Era Energy & Digital to a “strong-buy” rating in a research note on Thursday, April 16th. Northland Securities began coverage on New Era Energy & Digital in a report on Thursday, April 16th. They issued an “outperform” rating and a $11.00 price target for the company. Finally, Zacks Research upgraded New Era Energy & Digital to a “hold” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.87.

New Era Energy & Digital Price Performance

NASDAQ NUAI opened at $4.76 on Tuesday. The company’s fifty day simple moving average is $5.04 and its 200-day simple moving average is $4.84. New Era Energy & Digital has a 52 week low of $0.32 and a 52 week high of $9.44.

New Era Energy & Digital (NASDAQ:NUAI) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. New Era Energy & Digital had a negative net margin of 2,592.43% and a negative return on equity of 687.58%. The firm had revenue of $0.80 million for the quarter. On average, equities research analysts expect that New Era Energy & Digital will post -0.51 earnings per share for the current year.

Institutional Trading of New Era Energy & Digital

Several hedge funds and other institutional investors have recently bought and sold shares of the company. First Trust Advisors LP raised its stake in New Era Energy & Digital by 113.5% during the first quarter. First Trust Advisors LP now owns 1,614,504 shares of the company’s stock valued at $6,555,000 after buying an additional 858,329 shares in the last quarter. UBS Group AG acquired a new position in shares of New Era Energy & Digital in the 4th quarter worth approximately $3,584,000. Geode Capital Management LLC acquired a new position in shares of New Era Energy & Digital in the 4th quarter worth approximately $1,391,000. Goldman Sachs Group Inc. bought a new stake in shares of New Era Energy & Digital in the 4th quarter valued at approximately $804,000. Finally, Alyeska Investment Group L.P. bought a new stake in shares of New Era Energy & Digital in the 4th quarter valued at approximately $586,000. 21.90% of the stock is owned by institutional investors.

About New Era Energy & Digital

New Era Energy & Digital, Inc, operates as an exploration and production platform, engages in the exploration, development, and production of helium, oil and natural gas, and natural gas liquids in the United States. The company owns and operates a portfolio of approximately 137,000 acres in Southeast New Mexico. Its flagship Pecos Slope Field covering an area of 1893 square kilometers located 20 miles north of Roswell, New Mexico. It serves Tier 2 gas companies and balloon gas distributors. The company was formerly known as New Era Helium, Inc and changed its name to New Era Energy & Digital, Inc in August 2025.