Equities Analysts Offer Predictions for NB FY2026 Earnings

NioCorp Developments Ltd. (NASDAQ:NB) – Equities researchers at HC Wainwright lifted their FY2026 EPS estimates for NioCorp Developments in a report released on Wednesday, July 15th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of ($0.36) per share for the year, up from their prior estimate of ($0.42). HC Wainwright currently has a “Buy” rating on the stock. The consensus estimate for NioCorp Developments’ current full-year earnings is ($0.46) per share.

Other analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of NioCorp Developments from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. Zacks Research cut NioCorp Developments from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. B. Riley Financial assumed coverage on NioCorp Developments in a report on Tuesday, June 9th. They set a “buy” rating and a $12.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NioCorp Developments in a research report on Tuesday, April 21st. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, NioCorp Developments currently has a consensus rating of “Hold” and an average price target of $10.23.

NioCorp Developments Price Performance

Shares of NB stock opened at $4.26 on Friday. The company has a market capitalization of $620.21 million, a P/E ratio of -6.26 and a beta of 0.24. The company’s 50-day simple moving average is $5.17 and its two-hundred day simple moving average is $5.49. NioCorp Developments has a one year low of $2.64 and a one year high of $12.58.

NioCorp Developments (NASDAQ:NB) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02).

Institutional Investors Weigh In On NioCorp Developments

Large investors have recently modified their holdings of the business. Sound Income Strategies LLC purchased a new stake in shares of NioCorp Developments in the 1st quarter worth approximately $25,000. Russell Investments Group Ltd. purchased a new position in NioCorp Developments during the third quarter valued at approximately $40,000. Pittenger & Anderson Inc. raised its stake in NioCorp Developments by 74.6% in the fourth quarter. Pittenger & Anderson Inc. now owns 7,665 shares of the company’s stock worth $41,000 after buying an additional 3,275 shares in the last quarter. Maltin Wealth Management Inc. bought a new position in NioCorp Developments in the first quarter worth approximately $45,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in NioCorp Developments during the second quarter worth $46,000. Institutional investors own 4.03% of the company’s stock.

NioCorp Developments Company Profile

NioCorp Developments Ltd is a North American critical minerals development company focused on advancing its flagship Elk Creek Critical Minerals Project in southeastern Nebraska. The company’s primary business activity centers on the exploration, evaluation and development of a polymetallic deposit that hosts significant quantities of niobium, scandium and titanium. Through metallurgical testing and prefeasibility studies, NioCorp aims to produce high-purity ferroniobium, high-purity titanium dioxide slag and scandium oxide for industrial, aerospace and clean-energy applications.

At the heart of NioCorp’s operations is the Elk Creek project, where the company holds surface rights and mineral leases across approximately 7,100 acres of land.