New Era Energy & Digital (NASDAQ:NUAI) Shares Up 9.6% Following Analyst Upgrade

New Era Energy & Digital Inc (NASDAQ:NUAI) shares traded up 9.6% on Tuesday after Wall Street Zen upgraded the stock from a strong sell rating to a sell rating. The stock traded as high as $5.64 and last traded at $5.6450. 2,787,542 shares traded hands during trading, a decline of 57% from the average session volume of 6,440,231 shares. The stock had previously closed at $5.15.

NUAI has been the subject of a number of other research reports. New Street Research set a $10.00 price target on shares of New Era Energy & Digital in a report on Tuesday, July 7th. Northland Securities started coverage on New Era Energy & Digital in a report on Thursday, April 16th. They issued an “outperform” rating and a $11.00 target price on the stock. Weiss Ratings lowered New Era Energy & Digital from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 22nd. Zacks Research upgraded New Era Energy & Digital to a “hold” rating in a research report on Friday, April 17th. Finally, Texas Capital raised New Era Energy & Digital to a “strong-buy” rating in a research note on Thursday, April 16th. 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 issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $10.33.

Hedge Funds Weigh In On New Era Energy & Digital

Several large investors have recently modified their holdings of the business. UBS Group AG bought a new stake in shares of New Era Energy & Digital in the fourth quarter worth $3,584,000. First Trust Advisors LP grew its position in shares of New Era Energy & Digital by 113.5% in the 1st 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 during the last quarter. Geode Capital Management LLC bought a new stake in shares of New Era Energy & Digital in the 4th quarter valued at about $1,391,000. Goldman Sachs Group Inc. acquired a new stake in shares of New Era Energy & Digital in the fourth quarter valued at about $804,000. Finally, Alyeska Investment Group L.P. acquired a new stake in shares of New Era Energy & Digital in the fourth quarter valued at about $586,000. Institutional investors own 21.90% of the company’s stock.

New Era Energy & Digital Price Performance

The stock has a 50-day moving average price of $5.07 and a 200-day moving average price of $4.91. The company has a market capitalization of $588.49 million, a P/E ratio of -5.93 and a beta of 1.21.

New Era Energy & Digital (NASDAQ:NUAI) last released its earnings results on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. The firm had revenue of $0.80 million 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%. Sell-side analysts anticipate that New Era Energy & Digital Inc will post -0.43 EPS for the current fiscal year.

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.