New Era Energy & Digital Inc (NASDAQ:NUAI – Get Free Report) dropped 4.8% during mid-day trading on Tuesday . The company traded as low as $5.17 and last traded at $5.1230. Approximately 963,968 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 6,446,270 shares. The stock had previously closed at $5.38.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the company. New Street Research set a $10.00 price objective on New Era Energy & Digital in a report on Tuesday, July 7th. Wall Street Zen downgraded New Era Energy & Digital from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 1st. Weiss Ratings lowered New Era Energy & Digital from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 22nd. Texas Capital upgraded New Era Energy & Digital to a “strong-buy” rating in a report on Thursday, April 16th. Finally, Northland Securities started coverage on shares of New Era Energy & Digital in a research note on Thursday, April 16th. They issued an “outperform” rating and a $11.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $10.33.
Check Out Our Latest Report on New Era Energy & Digital
New Era Energy & Digital Price Performance
New Era Energy & Digital (NASDAQ:NUAI – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $0.80 million for the quarter. As a group, equities research analysts anticipate that New Era Energy & Digital Inc will post -0.43 earnings per share for the current fiscal year.
Hedge Funds Weigh In On New Era Energy & Digital
Several hedge funds have recently modified their holdings of the stock. State of Wyoming purchased a new position in shares of New Era Energy & Digital in the 2nd quarter valued at approximately $51,000. Great Valley Advisor Group Inc. purchased a new stake in New Era Energy & Digital during the 4th quarter worth approximately $29,000. Main Street Financial Solutions LLC acquired a new position in New Era Energy & Digital during the 4th quarter valued at approximately $32,000. W.G. Shaheen & Associates DBA Whitney & Co acquired a new position in New Era Energy & Digital during the 4th quarter valued at approximately $41,000. Finally, Bridgeway Capital Management LLC acquired a new position in New Era Energy & Digital during the 4th quarter valued at approximately $44,000. Institutional investors and hedge funds 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.
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