New Era Energy & Digital (NASDAQ:NUAI) Shares Down 8.2% – Time to Sell?
by Teresa Graham · The Cerbat GemNew Era Energy & Digital Inc (NASDAQ:NUAI – Get Free Report) shares were down 8.2% on Thursday . The company traded as low as $5.31 and last traded at $5.3350. Approximately 5,593,641 shares changed hands during mid-day trading, a decline of 15% from the average daily volume of 6,574,630 shares. The stock had previously closed at $5.81.
Analysts Set New Price Targets
NUAI has been the subject of several recent analyst reports. B. Riley Financial assumed coverage on shares of New Era Energy & Digital in a report on Tuesday, July 7th. They issued a “buy” rating and a $10.00 target price for the company. New Street Research set a $10.00 price objective on New Era Energy & Digital in a research report on Tuesday, July 7th. Wall Street Zen upgraded New Era Energy & Digital from a “strong sell” rating to a “sell” rating in a research report on Monday, July 20th. Northland Securities started coverage on New Era Energy & Digital in a research note on Thursday, April 16th. They set an “outperform” rating and a $11.00 target price on the stock. Finally, Texas Capital raised New Era Energy & Digital to a “strong-buy” rating in a report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, New Era Energy & Digital currently has a consensus rating of “Moderate Buy” and an average target price of $10.33.
Get Our Latest Stock Report on NUAI
New Era Energy & Digital Price Performance
The stock has a market cap of $484.17 million, a PE ratio of -4.88 and a beta of 1.21. The stock has a 50-day moving average price of $5.07 and a two-hundred day moving average price of $4.93.
New Era Energy & Digital (NASDAQ:NUAI – Get Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.16) EPS 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. Equities research analysts expect that New Era Energy & Digital Inc will post -0.43 earnings per share for the current year.
Hedge Funds Weigh In On New Era Energy & Digital
Several hedge funds have recently bought and sold shares of NUAI. Bank of America Corp DE increased its stake in New Era Energy & Digital by 228.4% in the first quarter. Bank of America Corp DE now owns 51,605 shares of the company’s stock worth $210,000 after purchasing an additional 35,892 shares during the period. Royal Bank of Canada boosted its stake in shares of New Era Energy & Digital by 17,933.3% during the first quarter. Royal Bank of Canada now owns 69,789 shares of the company’s stock valued at $283,000 after purchasing an additional 69,402 shares during the period. Cetera Investment Advisers bought a new position in shares of New Era Energy & Digital in the first quarter worth about $70,000. First Trust Advisors LP grew its holdings in shares of New Era Energy & Digital by 113.5% in the first quarter. First Trust Advisors LP now owns 1,614,504 shares of the company’s stock worth $6,555,000 after purchasing an additional 858,329 shares during the last quarter. Finally, Apollon Wealth Management LLC purchased a new position in New Era Energy & Digital in the 1st quarter worth about $77,000. Institutional investors own 21.90% of the company’s stock.
New Era Energy & Digital Company Profile
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.