What I find most constructive is the combination of nuclear power tailwinds and company-specific de-risking. Energy security and decarbonization support uranium demand, while the recent equity raise significantly extends NexGen’s liquidity runway and reduces near-term financing risk.
That said, I still see NXE as a high-volatility, high-conviction idea rather than a defensive holding. Valuation already reflects strong expectations, so execution on approvals and construction will be critical. I treat NXE as a longer-term uranium thematic position, sized with risk in mind.
Superconductivity Star | Will NXE Keep Rising After +8.47% in 5 Days?
@TigerPicks：
In the past five days, $Nexgen Energy Ltd.(NXE)$ 's share price has risen by 8.47%. The $S&P 500(.SPX)$ closed slightly higher on Friday, the first trading day of 2026, as gains in semiconductor names kept the index afloat. The benchmark closed up 0.19% at 6,858.47, while the $NASDAQ(.IXIC)$ fell 0.03% to finish at 23,235.63, $Dow Jones(.DJI)$ moved up 319.10 points, or 0.66%, to settle at 48,382.39. The best-performing concepts is Superconductivity Concept. Considering the different perceptions of the stock, this time TigerPicks chose $Nexgen Energy Ltd.(NXE)$ to have a fundamental highlight to help users understand it better. In the past five days, $Nexgen Energy Ltd.(NXE)$ 's share price has risen by 8.47%. $Nexgen Energy Ltd.(NXE)$ NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, evaluation, and development of uranium properties in Canada. Drivers In Action NXE is expected to supply roughly 20% of global uranium demand after final U.S. federal construction approval in February 2026. With the uranium supply deficit likely to widen, prices should remain structurally supported. As a result, future cash-flow expectations—despite NXE not yet producing or generating profits—are central to investor sentiment, and the stock already reflects these long-term expectations. NexGen’s wholly owned Rook I project is a globally strategic asset. It spans 32 contiguous mineral claims totaling ~35,065 hectares in Saskatchewan’s Athabasca Basin, one of the world’s premier uranium districts. Located in the Patterson Corridor East, Rook I offers significant long-term expansion potential supported by large, high-grade underground deposits. Enormous Growth Opportunities NexGen is positioned to benefit from a powerful long-term expansion in the uranium market. According to its November 2025 corporate presentation, global nuclear power capacity is projected to rise from ~380 GW today to ~1,200 GW by 2050, driven by new reactor builds worldwide and 33 countries planning to triple nuclear capacity. These projections, sourced from the World Nuclear Association (WNA), are industry-wide and not NexGen-specific, underscoring a broad, credible growth backdrop. The IAEA estimates annual uranium demand at 60,000–67,000 tonnes (132–148 million lbs), while global mine supply remains structurally constrained at ~55,000 tonnes (~121 million lbs). By 2030, the IEA expects 70 new reactors to require an additional ~36 million lbs annually—still insufficient to close the supply gap. NexGen highlights that this deficit is structural and likely to support higher uranium prices. A McKinsey (Aug 2025) study cited by NexGen suggests AI-driven data center growth could push additional uranium demand as high as 60 million lbs per year by 2030. Combined with electrification, EV adoption, decarbonization, and geopolitical rearmament, uranium demand could significantly exceed current supply growth. Modelling referenced in NexGen’s presentation estimates a long-term supply gap of up to 319 million lbs annually. Even if NexGen’s Rook I project supplies ~20% of global demand, the overall market deficit is unlikely to disappear, reinforcing a constructive price environment. Uranium prices show a clear long-term uptrend despite short-term volatility (Trading Economics). This structural pricing support underpins the potential for strong future cash flows from the Rook I project once operational. As cash-flow visibility improves, NexGen’s positioning is likely to remain attractive to North American equity investors, supporting its long-term valuation outlook. Technical Analysis NXE’s RSI at 48.36 suggests room for further upside. The alignment of SMA-20, 50, 100, and 200 indicates a clear short-, medium-, and long-term uptrend, reflecting market confidence in the Rook I project. Sentiment was further supported by the completion of a global equity offering raising ~AUD 1 billion (C$950 million), covering ~43% of revised pre-production capex. Valuation Using a long-term uranium price of US$95/lb, NexGen estimates an after-tax NPV (8% discount) of C$6.3 billion, or ~C$9.62 per share (US$6.85). A lower discount rate (closer to the industry norm of ~5%), easing inflation, and falling interest rates could further lift project value. Recent equity offerings at ~US$8.50–8.60 suggest the current price (~US$8.69) is fairly valued to modestly cheap, especially as such offerings are typically priced at a discount. On cash-flow potential, NexGen’s implied P/FCF is ~4.0x based on projected FCF of ~C$1.93 billion, versus Cameco’s ~67.8x on a trailing basis—highlighting a stark valuation gap, albeit with NexGen still pre-production. Risk & Liquidity As of Q3’25, NexGen is pre-revenue and cash-burning, with a quarterly net loss of C$129.2 million. Prior to the equity raise, cash stood at C$306 million, implying a ~14-month runway. However, the October 2025 global equity offering boosts pro-forma cash to ~C$1.25 billion, extending the runway to ~57 months (~4.8 years). This significantly de-risks near-term financing and supports continued investment in engineering, permitting, and drilling at Rook I. Bottom Line NXE combines constructive technical momentum, attractive long-term valuation versus peers, and a now-solid liquidity position. While execution and pre-production risks remain, the strengthened balance sheet materially improves NexGen’s ability to advance Rook I toward construction and eventual production. Stock Price Forecast: Here are the target price forecasts for the next 12 months from analysts. Based on 5 Wall Street analysts offering 12 month price targets for NexGen Energy in the last 3 months. The average price target is $12.37 with a high forecast of $14.56 and a low forecast of $9.83. The average price target represents a 20.68% change from the last price of $10.25. Resource: https://seekingalpha.com/article/4841845-nexgen-energy-accelerates-its-entry-into-uranium-mining For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now Find out more here. 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- quiettt·01-05 20:56TOPSolid take! NXE's uranium story fits the long-term theme, but execution is key. [看涨]1Report