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NioCorp Developments

NBNASDAQ
$1.92
-0.03-1.53%
Last update: Jul 12, 6:16 PM
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$8.50
Lowest Price Target1
$8.50
Consensus Price Target1
$8.50

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NioCorp Developments (NASDAQ:NB) Stock, Analyst Ratings, Price Targets, Forecasts

NioCorp Developments Ltd has a consensus price target of $8.5 based on the ratings of 1 analysts. The high is $8.5 issued by HC Wainwright & Co. on May 22, 2024. The low is $8.5 issued by HC Wainwright & Co. on May 22, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on May 22, 2024, October 19, 2023, and August 29, 2023, respectively. With an average price target of $11.17 between HC Wainwright & Co., there's an implied 448.73% upside for NioCorp Developments Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
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Buy
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Analyst Rating and Forecast
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4.0
Buy
Strong Buy
Buy
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Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.

1calculated from analyst ratings

Analyst Ratings for NioCorp Developments

Buy NowGet Alert
05/22/2024Buy Now317.69%HC Wainwright & Co.
Heiko Ihle
$12 → $8MaintainsBuyGet Alert
10/19/2023Buy Now489.68%HC Wainwright & Co.
Heiko Ihle
$13 → $12MaintainsBuyGet Alert
08/29/2023Buy Now538.82%HC Wainwright & Co.
Heiko Ihle
→ $13ReiteratesBuy → BuyGet Alert
06/08/2023Buy Now538.82%HC Wainwright & Co.
Heiko Ihle
$14 → $13MaintainsBuyGet Alert

FAQ

Q

What is the target price for NioCorp Developments (NB) stock?

A

The latest price target for NioCorp Developments (NASDAQ:NB) was reported by HC Wainwright & Co. on May 22, 2024. The analyst firm set a price target for $8.50 expecting NB to rise to within 12 months (a possible 342.69% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for NioCorp Developments (NB)?

A

The latest analyst rating for NioCorp Developments (NASDAQ:NB) was provided by HC Wainwright & Co., and NioCorp Developments maintained their buy rating.

Q

When was the last upgrade for NioCorp Developments (NB)?

A

There is no last upgrade for NioCorp Developments

Q

When was the last downgrade for NioCorp Developments (NB)?

A

There is no last downgrade for NioCorp Developments.

Q

When is the next analyst rating going to be posted or updated for NioCorp Developments (NB)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NioCorp Developments, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for NioCorp Developments was filed on May 22, 2024 so you should expect the next rating to be made available sometime around May 22, 2025.

Q

Is the Analyst Rating NioCorp Developments (NB) correct?

A

While ratings are subjective and will change, the latest NioCorp Developments (NB) rating was a maintained with a price target of $12.00 to $8.50. The current price NioCorp Developments (NB) is trading at is $1.92, which is out of the analyst’s predicted range.

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