NexGen Energy (TSE:NXE)
TSX:NXE
Earnings Data
Report Date
Apr 30, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.09Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized major strategic and operational milestones: robust balance sheet after a CAD 950M raise, completion of CNSC hearings with staff recommendation to approve, strong exploration results at PCE, site preparedness and significant market tailwinds (spot market activity, large price appreciation and rising utility/hyperscaler demand). The key outstanding items are final federal approval and the remaining project financing (timing 0–18 months), plus additional offtake to fully cover break-even production. Overall, positive execution progress and market dynamics materially outweigh the remaining regulatory and financing execution risks.Company Guidance
Strong Balance Sheet and Recent Capital Raise
Year-end cash position of over $1.1 billion; completed a CAD 950 million capital raise (including CAD 600 million from Australian investors) which materially increased market capitalization, liquidity and enabled inclusion in the S&P/ASX 200 Index on December 22, 2025.
Regulatory Progress — CNSC Hearings Completed
Completed the two-part Canadian Nuclear Safety Commission hearings (Nov 19, 2025 and Feb 9-12, 2026); CNSC staff formally recommended approval; strong, formal public support from four Indigenous nations and provincial champions — company poised to advance into construction upon receipt of final federal approval.
Exploration Success and Growth Pipeline (PCE)
Patterson Corridor East (PCE) delivered multiple high-grade assay results, including the company's highest-grade discovery-phase results to date; active 42,000-meter program with four rigs drilling to expand footprint and test parallel structures, underpinning long-term optionality beyond Arrow.
Site and Construction Readiness
Project is described as 'construction ready' with detailed engineering progressing, 28 procurement packages issued to RFP in 2025, critical-path items secured, freeze plant staged in Saskatoon and camp accommodation being expanded from ~220 beds to just under 600 (≈173% increase).
Industry Fundamentals — Tight Market and Price Appreciation
Uranium price rose from $17/lb in 2017 to ~$90/lb (≈+429%); 2025 spot market traded ~56 million pounds (~40% of mine supply and ~27% of total consumption), highlighting a structurally tight market and strong price support for new producers.
Commercial Engagements and Offtake Activity
Multiple offtake negotiations progressing across the U.S., Europe and Asia; currently contracted ~2.0 million pounds per year over the first five years (company note), with expectation of additional contracts in 2026.
Experienced Team and Talent Attraction
Team scaled with over 50% local northern Saskatchewan residents; recruiting interest strong — >4,000 applicants across 65 roles last year and 586 applicants for 13 roles in the past month, indicating strong employer appeal ahead of construction.
Capital Deployment and Cost Visibility
Cumulative investment in Saskatchewan since 2013 of approximately $786 million; initial project CapEx maintained at CAD 2.2 billion despite inflationary pressures; first 12 months of construction estimated at ~CAD 300 million, providing clear near-term budget visibility.
Market Tailwinds — Utility and Hyperscaler Demand
Utilities' direct spot purchases surged 85% year-over-year in 2025 and accounted for ~25% of spot volumes, with increased interest from hyperscalers and government initiatives (e.g., proposed Project Vault, DOE funding) supporting long-term demand growth.
TSE:NXE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:NXE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 04, 2026 | C$16.86 | C$17.41 | +3.26% |
Nov 05, 2025 | C$12.32 | C$11.48 | -6.82% |
Aug 05, 2025 | C$9.56 | C$9.75 | +1.99% |
May 12, 2025 | C$7.97 | C$7.93 | -0.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does NexGen Energy (TSE:NXE) report earnings?
NexGen Energy (TSE:NXE) is schdueled to report earning on Apr 30, 2026, TBA (Confirmed).
What is NexGen Energy (TSE:NXE) earnings time?
NexGen Energy (TSE:NXE) earnings time is at Apr 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:NXE EPS forecast?
TSE:NXE EPS forecast for the fiscal quarter 2026 (Q1) is -0.04.