New Era Energy & Digital (NASDAQ:NUAI) Shares Gap Up – Time to Buy?

New Era Energy & Digital Inc (NASDAQ:NUAI)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $5.73, but opened at $6.09. New Era Energy & Digital shares last traded at $5.8180, with a volume of 3,145,080 shares traded.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Texas Capital upgraded New Era Energy & Digital to a “strong-buy” rating in a research note on Thursday, April 16th. Northland Securities initiated coverage on shares of New Era Energy & Digital in a research report on Thursday, April 16th. They set an “outperform” rating and a $11.00 target price on the stock. New Street Research set a $8.60 price target on shares of New Era Energy & Digital in a research report on Thursday, April 16th. Weiss Ratings cut shares of New Era Energy & Digital from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 22nd. Finally, Wall Street Zen raised shares of New Era Energy & Digital from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, New Era Energy & Digital presently has an average rating of “Moderate Buy” and an average target price of $9.80.

New Era Energy & Digital Trading Up 8.1%

The company has a market capitalization of $627.49 million, a PE ratio of -6.32 and a beta of 1.27. The firm has a 50 day simple moving average of $4.70 and a two-hundred day simple moving average of $4.68.

New Era Energy & Digital (NASDAQ:NUAI) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.16) EPS for the quarter. New Era Energy & Digital had a negative return on equity of 687.58% and a negative net margin of 2,592.43%.The company had revenue of $0.80 million for the quarter. Research analysts expect that New Era Energy & Digital Inc will post -0.51 earnings per share for the current fiscal year.

Institutional Trading of New Era Energy & Digital

Several hedge funds have recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of 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 valued at $210,000 after acquiring an additional 35,892 shares in the last quarter. Royal Bank of Canada raised its holdings in 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 purchased a new position in New Era Energy & Digital during the first quarter worth about $70,000. First Trust Advisors LP lifted its position in 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 valued at $6,555,000 after purchasing an additional 858,329 shares during the period. Finally, Apollon Wealth Management LLC purchased a new stake in New Era Energy & Digital in the 1st quarter valued at approximately $77,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

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.