Nano Nuclear Energy (NASDAQ:NNE) Stock Falls 11.1% – What’s Next?

14 Oct 2026, 19:41 by Danessa Lincoln · The Markets Daily

Nano Nuclear Energy Inc. (NASDAQ:NNE – Get Free Report) shares dropped 11.1% during mid-day trading on Wednesday. The stock traded as low as $12.76 and last traded at $12.7640. Approximately 1,700,245 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 2,191,811 shares. The stock had previously closed at $14.35.

Analysts Set New Price Targets

Several research firms recently commented on NNE. Benchmark reissued a “buy” rating on shares of Nano Nuclear Energy in a research note on Thursday, August 13th. Needham & Company LLC began coverage on shares of Nano Nuclear Energy in a report on Monday, September 21st. They set a “buy” rating and a $33.00 target price for the company. Truist Financial assumed coverage on shares of Nano Nuclear Energy in a research report on Monday, July 13th. They issued a “hold” rating and a $22.00 price target on the stock. New Street Research set a $45.00 price target on Nano Nuclear Energy in a report on Thursday, August 13th. Finally, Alliance Global Partners assumed coverage on Nano Nuclear Energy in a research report on Monday, July 27th. They set a “buy” rating and a $46.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Nano Nuclear Energy has a consensus rating of “Moderate Buy” and an average price target of $38.14.

Check Out Our Latest Research Report on NNE

Nano Nuclear Energy Trading Down 9.7%

The stock has a 50-day moving average of $17.37 and a two-hundred day moving average of $20.77. The firm has a market cap of $695.90 million, a price-to-earnings ratio of -18.78 and a beta of 5.49.

Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.07. The company had revenue of $0.21 million for the quarter, compared to analyst estimates of $0.50 million. Sell-side analysts expect that Nano Nuclear Energy Inc. will post -0.80 EPS for the current fiscal year.

Insider Buying and Selling at Nano Nuclear Energy

In other news, CEO James Walker sold 25,000 shares of Nano Nuclear Energy stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $17.77, for a total value of $444,250.00. Following the transaction, the chief executive officer directly owned 635,000 shares of the company’s stock, valued at $11,283,950. This trade represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 18.61% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Nano Nuclear Energy

Several hedge funds have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in Nano Nuclear Energy during the 2nd quarter valued at $73,826,000. Bank of New York Mellon Corp purchased a new stake in shares of Nano Nuclear Energy in the second quarter valued at $2,814,000. Van ECK Associates Corp boosted its position in shares of Nano Nuclear Energy by 26.9% in the second quarter. Van ECK Associates Corp now owns 3,819,847 shares of the company’s stock worth $80,752,000 after buying an additional 810,022 shares during the period. Lido Advisors LLC boosted its position in shares of Nano Nuclear Energy by 1,769.6% in the first quarter. Lido Advisors LLC now owns 171,932 shares of the company’s stock worth $3,521,000 after buying an additional 162,736 shares during the period. Finally, Private Wealth Partners LLC boosted its position in shares of Nano Nuclear Energy by 191.6% in the first quarter. Private Wealth Partners LLC now owns 38,200 shares of the company’s stock worth $782,000 after buying an additional 25,100 shares during the period.

About Nano Nuclear Energy

(Get Free Report)

Nano Nuclear Energy, Inc is an advanced nuclear energy technology company developing portable microreactors and related nuclear-fuel capabilities. The company’s objective is to provide compact, transportable power systems for applications that may not be well served by conventional nuclear plants or electrical grids.