On July 3, 2025, analyst Heiko Ihle from HC Wainwright & Co. provided an update on NioCorp Developments (NB, Financial), maintaining a "Buy" rating on the stock. While the rating remains unchanged, there has been an adjustment to the price target.
The price target for NioCorp Developments (NB, Financial) has been lowered to USD 4.00 from the previous target of USD 4.25. This represents a decrease of approximately 5.88% from the prior price target. Despite this adjustment, the maintained "Buy" rating indicates continued confidence in the company's performance.
Investors and stakeholders in NioCorp Developments (NB, Financial) can consider this latest analyst action as part of their ongoing assessment of the stock's potential in the market. As always, it's essential to review the broader market conditions and individual financial goals when making investment decisions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for NioCorp Developments Ltd (NB, Financial) is $4.13 with a high estimate of $4.25 and a low estimate of $4.00. The average target implies an upside of 76.28% from the current price of $2.34. More detailed estimate data can be found on the NioCorp Developments Ltd (NB) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, NioCorp Developments Ltd's (NB, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
