Raymond James Raises its Price Target on Nexgen Energy Ltd (NXE) to C$17 While Maintaining an Outperform Rating

Nexgen Energy Ltd (NYSE:NXE) is included among the 12 Best Nuclear Energy Stocks to Buy Now

On January 15, 2026, Raymond James raised its terms people connected Nexgen Energy Ltd (NYSE:NXE) to C$17 from C$14 portion maintaining an Outperform rating. The accommodation came arsenic portion of the firm’s broader mining assemblage update. While Raymond James reiterated that it continues to favour copper wrong the basal metals analyzable owed to expected medium- to semipermanent proviso deficits, the higher people connected NexGen signaled increasing assurance successful uranium-linked names.

Attention has progressively centered connected regulatory milestones astatine NexGen’s flagship Rook I project. Part 1 of the Canadian Nuclear Safety Commission proceeding was held connected November 19, 2025, with Part 2 scheduled for February 9 done February 13, 2026. Following the completion of these sessions, the Canadian Nuclear Safety Commission is expected to contented an support decision, a cardinal measurement successful determining the project’s way toward development.

Based connected feasibility studies, Rook I is estimated to incorporate good implicit 200 cardinal pounds of U3O8, giving it the standard that lone a fewer undeveloped uranium projects have. NexGen has described the plus arsenic 1 of the astir strategical uranium deposits globally, a characterization that has kept the banal connected capitalist watchlists arsenic permitting and regulatory decisions approach.

Nexgen Energy Ltd (NYSE:NXE) is simply a Canada-based uranium developer advancing its flagship Rook I Project toward large-scale production. The wholly owned spot hosts respective high-grade discoveries, including the Arrow deposit, South Arrow, Harpoon, Bow, and the Cannon area.

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Disclosure: None.