NB trades 109.4% below Wall Street's consensus target of $7.35.
Last 12 months price action with 12-month analyst target path
The base valuation assumes NB achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 2 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, NioCorp Developments Ltd. (NB) has a Wall Street consensus price target of $7.35, based on estimates from 2 covering analysts. With the stock currently trading at $3.51, this represents a potential upside of +109.4%. The company has a market capitalization of $478M.
Analyst price targets range from a low of $4.70 to a high of $10.00, representing a 72% spread in expectations. The median target of $7.35 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 2 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, NB trades at a trailing P/E of -9.8x. Analysts expect EPS to grow +31.2% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 NIONIO Inc. | $8.7B | $3.67 | $6.23 | +69.8% | Buy | — | 24 |
 MPMP Materials Corp. | $8.7B | $48.89 | $80.70 | +65.1% | Buy | 3568.6x | 14 |
 UUUUEnergy Fuels Inc. | $2.9B | $11.60 | $21.06 | +81.6% | Buy | — | 9 |
 NXENexGen Energy Ltd. | $6.4B | $9.63 | — | — | Buy | — | 4 |
 SLIStandard Lithium Ltd. | $522M | $2.14 | $3.83 | +79.0% | Buy | — | 3 |
 USASAmericas Gold and Silver Corporation | $1.6B | $4.86 | $9.25 | +90.3% | Buy | 41.1x | 4 |
 ALBAlbemarle Corporation | $13.4B | $113.47 | $202.63 | +78.6% | Buy | 9.9x | 45 |
 FCXFreeport-McMoRan Inc. | $104.3B | $72.58 | $71.36 | -1.7% | Buy | 24.5x | 41 |
 CMCCommercial Metals Company | $7.2B | $64.66 | $82.00 | +26.8% | Hold | 10.1x | 27 |
 NUENucor Corporation | $56.2B | $246.98 | $265.38 | +7.4% | Buy | 12.9x | 32 |
Quick answers to the most common questions about buying NB stock.
The consensus Wall Street price target for NB is $7.35, representing 109.4% upside from the current price of $3.51. With 2 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
NB has a consensus rating of "Buy" based on 2 Wall Street analysts. The rating breakdown is predominantly bullish, with 2 Buy/Strong Buy ratings. The consensus 12-month price target of $7.35 implies 109.4% upside from current levels.
NB's current price is $3.51 with a consensus target of $7.35 (109.4% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $10 for NB, while the most conservative target is $4.7. The consensus of $7.35 represents the median expectation. These targets typically reflect 12-month expectations.
NB is lightly followed, with 2 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month NB stock forecast based on 2 Wall Street analysts shows a consensus price target of $7.35, with estimates ranging from $4.7 (bear case) to $10 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on NB, with a "Buy" consensus rating and $7.35 price target (109.4% upside). 2 of 2 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
NB analyst price targets range from $4.7 to $10, a 72% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $7.35 consensus represents the middle ground.
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