Shares of New Era Energy & Digital Inc (NASDAQ:NUAI – Get Free Report) fell 4.8% on Tuesday . The stock traded as low as $5.17 and last traded at $5.1230. 963,968 shares traded 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.
Analyst Ratings Changes
Several equities research analysts recently commented on the company. Northland Securities started coverage on 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 $10.00 target price on New Era Energy & Digital in a research report on Tuesday, July 7th. Wall Street Zen cut New Era Energy & Digital from a “sell” rating to a “strong sell” rating in a report on Saturday, August 1st. Zacks Research raised shares of New Era Energy & Digital to a “hold” rating in a research report on Friday, April 17th. Finally, Weiss Ratings lowered shares of New Era Energy & Digital from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, May 22nd. One 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 company’s stock. Based on data from MarketBeat.com, New Era Energy & Digital has an average rating of “Moderate Buy” and a consensus target price of $10.33.
View Our Latest Stock 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) earnings per share for the quarter. The company had revenue of $0.80 million 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%. On average, sell-side analysts expect that New Era Energy & Digital Inc will post -0.43 EPS for the current fiscal year.
Hedge Funds Weigh In On New Era Energy & Digital
A number of hedge funds and other institutional investors have recently modified their holdings of NUAI. Concurrent Investment Advisors LLC purchased a new stake in shares of New Era Energy & Digital during the fourth quarter valued at approximately $46,000. UBS Group AG purchased a new position in New Era Energy & Digital in the fourth quarter worth $3,584,000. W.G. Shaheen & Associates DBA Whitney & Co bought a new stake in shares of New Era Energy & Digital during the 4th quarter worth $41,000. Geode Capital Management LLC purchased a new position in shares of New Era Energy & Digital in the 4th quarter worth about $1,391,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of New Era Energy & Digital in the 4th quarter worth about $804,000. Hedge funds and other institutional investors 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.
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