enCore Energy Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for enCore Energy stock have an average target of 6.75, with a low estimate of 6.00 and a high estimate of 7.50. The average target predicts an increase of 69.17% from the current stock price of 3.99.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$6.00	$6.75	$7.50	$7.50
Change	+50.38%	+69.17%	+87.97%	+87.97%

* Price targets were last updated on Jun 14, 2024.

Analyst Ratings

The average analyst rating for enCore Energy stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24
Strong Buy	2	2	2
Buy	0	0	0
Hold	0	0	0
Sell	0	0	0
Strong Sell	0	0	0
Total	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $7.5	Strong Buy	Reiterates	$7.5	+87.97%	Jun 14, 2024
Matthew Key B. Riley Securities	B. Riley Securities	Strong Buy Maintains $6	Strong Buy	Maintains	$6	+50.38%	May 15, 2024
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Initiates $7.5	Strong Buy	Initiates	$7.5	+87.97%	May 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

51.61M

Revenue Next Year

128.47M

from 51.61M

148.91%

from 51.61M

EPS This Year

-0.06

from -0.16

EPS Next Year

0.23

from -0.06

Year	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	-	-	-	-	51.61M	128.47M	226.95M	312.15M	368.34M
Revenue Growth	-	-	-	-	-	148.91%	76.66%	37.54%	18.00%
EPS	-0.03	-0.13	-0.16	-0.16	-0.06	0.23	0.66	1.02	1.44
EPS Growth	-	-	-	-	-	-	188.89%	53.77%	41.03%
Forward PE	-	-	-	-	-	17.39	6.02	3.91	2.78
No. Analysts	-	-	-	-	4	4	3	3	3

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	70.2M	141.8M	233.6M	339.1M	454.8M
Avg	51.6M	128.5M	227.0M	312.2M	368.3M
Low	39.1M	114.6M	218.1M	283.3M	283.3M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-	174.6%	81.9%	49.4%	45.7%
Avg	-	148.9%	76.7%	37.5%	18.0%
Low	-	122.0%	69.7%	24.8%	-9.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-	0.38	0.68	1.05	1.48
Avg	-0.06	0.23	0.66	1.02	1.44
Low	-0.12	0.09	0.64	0.98	1.38

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	-	197.4%	58.3%	45.2%
Avg	-	-	188.9%	53.8%	41.0%
Low	-	-	177.6%	47.7%	35.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.