Noble Financial Weighs in on Nukkleus FY2028 Earnings

Nukkleus Inc. (NASDAQ:DFNS) – Noble Financial issued their FY2028 earnings estimates for shares of Nukkleus in a research note issued on Wednesday, September 2nd. Noble Financial analyst J. Gomes expects that the company will post earnings of ($1.41) per share for the year. Noble Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Nukkleus’ current full-year earnings is ($3.90) per share.

Several other equities research analysts have also issued reports on the stock. Weiss Ratings lowered shares of Nukkleus from a “sell (d+)” rating to a “sell (e+)” rating in a research note on Monday, July 20th. Wall Street Zen lowered Nukkleus from a “sell” rating to a “strong sell” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Nukkleus Stock Down 0.8%

DFNS opened at $10.16 on Wednesday. Nukkleus has a fifty-two week low of $3.70 and a fifty-two week high of $1,948.75. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.11 and a current ratio of 0.14. The company has a fifty day moving average of $21.86 and a two-hundred day moving average of $68.07. The stock has a market capitalization of $16.91 million, a price-to-earnings ratio of -0.03 and a beta of -5.88.

Nukkleus (NASDAQ:DFNS) last announced its quarterly earnings results on Wednesday, August 19th. The company reported ($173.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($3.11) by ($170.69). The company had revenue of $4.00 million for the quarter, compared to analysts’ expectations of $4.50 million.

Hedge Funds Weigh In On Nukkleus

Several hedge funds and other institutional investors have recently modified their holdings of DFNS. GM Advisory Group LLC acquired a new position in Nukkleus during the fourth quarter worth about $56,000. BNP Paribas Financial Markets acquired a new stake in Nukkleus in the 2nd quarter valued at about $56,000. Price T Rowe Associates Inc. MD purchased a new position in Nukkleus in the 4th quarter worth approximately $57,000. Millennium Management LLC purchased a new position in Nukkleus in the 4th quarter worth approximately $60,000. Finally, State Street Corp lifted its stake in Nukkleus by 70.7% in the 4th quarter. State Street Corp now owns 17,863 shares of the company’s stock worth $72,000 after purchasing an additional 7,400 shares in the last quarter. 12.47% of the stock is owned by hedge funds and other institutional investors.

About Nukkleus

Nukkleus Inc, a financial technology company, provides blockchain-enabled technology solutions worldwide. It focuses on providing software and technology solutions for retail foreign exchange trading industry. The company provides transactions platform for dealing and risk management services. It also offers cross-border payment and transactions solutions and blockchain-enabled financial services solutions to institutional investors. In addition, the company provides software, technology, customer sales and marketing, and risk management technology hardware and software solutions.