New Era Energy & Digital (NASDAQ:NUAI) Stock Price Up 8.5% – Still a Buy?
by Danessa Lincoln · The Markets DailyNew Era Energy & Digital Inc (NASDAQ:NUAI – Get Free Report)’s stock price was up 8.5% during mid-day trading on Wednesday . The stock traded as high as $6.04 and last traded at $5.9050. Approximately 4,603,748 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 5,858,363 shares. The stock had previously closed at $5.44.
Analyst Ratings Changes
Several analysts have issued reports on NUAI shares. 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 for the company. Zacks Research upgraded New Era Energy & Digital to a “hold” rating in a report on Friday, April 17th. New Street Research set a $8.60 target price on shares of New Era Energy & Digital in a report on Thursday, April 16th. Weiss Ratings lowered shares of New Era Energy & Digital from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, May 22nd. Finally, Texas Capital upgraded shares of New Era Energy & Digital to a “strong-buy” rating in a report on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, New Era Energy & Digital presently has an average rating of “Moderate Buy” and an average target price of $9.80.
View Our Latest Stock Report on NUAI
New Era Energy & Digital Stock Up 5.7%
The firm has a market capitalization of $582.32 million, a price-to-earnings ratio of -5.93 and a beta of 1.27. The business’s 50-day simple moving average is $4.67 and its two-hundred day simple moving average is $4.68.
New Era Energy & Digital (NASDAQ:NUAI – Get Free Report) last announced 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 company had revenue of $0.80 million for the quarter. Sell-side analysts anticipate that New Era Energy & Digital Inc will post -0.51 earnings per share for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of New Era Energy & Digital by 228.4% during the first quarter. Bank of America Corp DE now owns 51,605 shares of the company’s stock worth $210,000 after buying an additional 35,892 shares during the period. Royal Bank of Canada lifted its position 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 worth $283,000 after purchasing an additional 69,402 shares in the last quarter. Cetera Investment Advisers acquired a new stake in shares of New Era Energy & Digital during the first quarter worth about $70,000. First Trust Advisors LP lifted its position in shares of 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 worth $6,555,000 after purchasing an additional 858,329 shares in the last quarter. Finally, Apollon Wealth Management LLC acquired a new stake in shares of New Era Energy & Digital during the first quarter worth about $77,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.
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.
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