NUAI Stock Analysis: New Era Energy & Digital | NASDAQ

Software - Infrastructure | NASDAQ, USA | Market Cap: 624m USD | 12M Return: 1160.3% | US64428N1090 | Charts, Fundamentals & Technical Analysis

Data Centers, Power Assets, Helium, Digital Infrastructure
Total Rating 38
Safety 33
Buy Signal -0.21
Software - Infrastructure
Industry Rotation: +1.0
Market Cap: 624M
Avg Turnover: 30.8M
Risk 3d forecast
Volatility239%
VaR 5th Pctl33.4%
VaR vs Median-10.9%
Reward TTM
Sharpe Ratio2.20
Rel. Str. IBD99.8
Rel. Str. Peer Group97.7
Character TTM
Beta3.469
Beta Downside2.224
Hurst Exponent0.394
Drawdowns 3y
Max DD97.23%
CAGR/Max DD-0.10
CAGR/Mean DD-0.23
EPS (Earnings per Share) EPS (Earnings per Share) of NUAI over the last years for every Quarter: "2022-03": -0.0102, "2022-06": -0.0042, "2022-09": -0.0044, "2022-12": -0.0056, "2023-03": 0.0478, "2023-06": -0.1318, "2023-09": -0.1105, "2023-12": -0.1202, "2024-03": -0.0246, "2024-06": -0.1462, "2024-09": -0.0829, "2024-12": -0.828, "2025-03": -0.2395, "2025-06": -0.2133, "2025-09": -0.196, "2025-12": -0.3157, "2026-03": -0.16, "2026-06": -0.18,
Qual. Beats: 0
Revenue Revenue of NUAI over the last years for every Quarter: 2022-03: null, 2022-06: null, 2022-09: null, 2022-12: null, 2023-03: null, 2023-06: null, 2023-09: null, 2023-12: 0.612192, 2024-03: 0.329211, 2024-06: 0.020377, 2024-09: 0.035143, 2024-12: 0.148049, 2025-03: 0.326455, 2025-06: 0.209114, 2025-09: 0.159411, 2025-12: 0.19042, 2026-03: 0.802353, 2026-06: 0.036497,
Rev. CAGR: 20.26%
Rev. Trend: 70.3%
Qual. Beats: 0

Warnings

Strong Share Dilution
Interest Coverage Ratio Critical
Beneish M-Score Likely Earnings Manipulation
Altman Z'' In Financial Distress Zone
Overextended 1w
Volatile

Tailwinds

Rs Leader
Idiosyncratic Leader
Ep Pivot

Seasonality 4.6 years of data

Jan +0.8% 18
Feb -11.2% 41
Mar -0.1% 0
Apr -0.3% 18
May +0.0% 0
Jun +4.8% 0
Jul +0.7% 0
Aug +1.4% 23
Sep +0.4% 12
Oct +0.3% 30
Nov +0.4% 12
Dec -31.1% 37

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: NUAI New Era Energy & Digital

New Era Energy & Digital, Inc. (NASDAQ: NUAI) develops and operates next-generation digital infrastructure and integrated power assets aimed at advanced artificial intelligence hyperscalers - the large-scale cloud and compute operators that require substantial, dedicated electricity to run AI training and inference workloads. Its flagship initiative is the Texas Critical Data Centers project, spanning 438 square kilometers in Ector County, Texas, positioning the company at the intersection of power generation and data center development. The company is headquartered in Midland, Texas, and trades as a small-cap stock following its December 2024 IPO.

The company was formerly known as New Era Helium, Inc. and rebranded to New Era Energy & Digital, Inc. in August 2025, reflecting a strategic pivot from helium production toward AI-oriented infrastructure. Under the GICS classification, it falls within the Energy sector and Integrated Oil & Gas sub-industry, indicating that its legacy hydrocarbon resource base underpins its expansion into power and digital infrastructure serving compute-heavy customers.

Headlines to Watch Out For
  • Texas hyperscaler data center offtake agreements drive revenue visibility
  • ERCOT grid interconnect and permitting approvals advance project timeline
  • Equity dilution risk persists as massive infrastructure buildout requires capital
Piotroski VR-10 (Strict) 0.5
Net Income: -52.1m TTM > 0 and > 6% of Revenue
FCF/TA: -0.26 > 0.02 and ΔFCF/TA 65.49 > 1.0
NWC/Revenue: 2.09k% < 20% (prev -470.9%; Δ 2.57k% < -1%)
CFO/TA -0.11 > 3% & CFO -18.5m > Net Income -52.1m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.39 > 1.5 & < 3
Outstanding Shares: last quarter (98.2m) vs 12m ago 480.8% < -2%
Gross Margin: -100.9% > 18% (prev 100.0%; Δ -200.9% > 0.5%)
Asset Turnover: 1.26% > 50% (prev 5.20%; Δ -3.94% > 0%)
Interest Coverage Ratio: -10.76 > 6 (EBIT TTM -44.7m / Interest Expense TTM 4.16m)
Altman Z'' 0.38
A: 0.14 (Total Current Assets 89.2m - Total Current Liabilities 64.3m) / Total Assets 174.7m
B: -0.43 (Retained Earnings -74.6m / Total Assets 174.7m)
C: -0.47 (EBIT TTM -44.7m / Avg Total Assets 94.3m)
D: 3.84 (Book Value of Equity 138.6m / Total Liabilities 36.1m)
Altman-Z'' = 0.38 = B
Beneish M 1.00
DSRI: 0.77 (Receivables 1.24m/969k, Revenue 1.19m/719k)
GMI: 1.00 (fallback, negative margins)
AQI: 13.97 (AQ_t 0.48 / AQ_t-1 0.03)
SGI: 1.65 (Revenue 1.19m / 719k)
TATA: -0.19 (NI -52.1m - CFO -18.5m) / TA 174.7m)
Beneish M = 4.93 (Cap -4..+1) = D
What is the price of NUAI shares?

As of September 22, 2026, the stock is trading at USD 7.65 with a total of 25,451,125 shares traded. Over the past week, the price has changed by +36.61%, over one month by +57.57%, over three months by +14.52% and over the past year by +1160.30%.

Current recommended Stop Loss: 7.00 (which is 8.5% or 1.3 ATR below the current price).

Is NUAI a buy, sell or hold?

New Era Energy & Digital has no consensus analysts rating.

New Era Energy & Digital (NUAI) - Fundamental Data Overview as of 22 September 2026
Market Cap USD = 624.4m (624.4m USD * 1.0 USD.USD)
P/S = 693.115
P/B = 4.5058
Revenue TTM = 1.19m USD
EBIT TTM = -44.7m USD
EBITDA TTM = -43.5m USD
Long Term Debt = 15.2m USD (from longTermDebt, last quarter)
Short Term Debt = 165k USD (from shortTermDebt, last fiscal year)
Debt = 15.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -71.1m USD (calculated: Debt 15.2m - CCE 86.2m)
Enterprise Value = 553.4m USD (624.4m + Debt 15.2m - CCE 86.2m)
Interest Coverage Ratio = -10.76 (Ebit TTM -44.7m / Interest Expense TTM 4.16m)
EV/FCF = -12.42x (Enterprise Value 553.4m / FCF TTM -44.6m)
FCF Yield = -8.05% (FCF TTM -44.6m / Enterprise Value 553.4m)
 FCF Margin = -3.75k% (FCF TTM -44.6m / Revenue TTM 1.19m)
 Net Margin = -4.38k% (Net Income TTM -52.1m / Revenue TTM 1.19m)
 Gross Margin = -100.9% ((Revenue TTM 1.19m - Cost of Revenue TTM 2.39m) / Revenue TTM)
Gross Margin QoQ = none% (prev 16.38%)
Tobins Q-Ratio = 3.17 (Enterprise Value 553.4m / Total Assets 174.7m)
Interest Expense / Debt = 27.41% (Interest Expense 4.16m / Debt 15.2m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -35.4m (EBIT -44.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.34 (Total Current Assets 89.2m / Total Current Liabilities 66.7m)
Debt / Equity = 0.11 (Debt 15.2m / totalStockholderEquity, last quarter 138.6m)
 Debt / EBITDA = 1.63 (negative EBITDA) (Net Debt -71.1m / EBITDA -43.5m)
 Debt / FCF = 1.59 (negative FCF - burning cash) (Net Debt -71.1m / FCF TTM -44.6m)
 Total Stockholder Equity = 39.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -55.27% (Net Income -52.1m / Total Assets 174.7m)
RoE = -131.0% (Net Income TTM -52.1m / Total Stockholder Equity 39.8m)
RoCE = -81.47% (EBIT -44.7m / Capital Employed (Equity 39.8m + L.T.Debt 15.2m))
 RoIC = -20.98% (negative operating profit) (NOPAT -35.4m / Invested Capital 168.5m)
 WACC = 18.27% (E(624.4m)/V(639.6m) * Re(18.19%) + D(15.2m)/V(639.6m) * Rd(27.41%) * (1-Tc(0.21)))
Discount Rate = 18.19% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 84.20 | Cagr: 244.3%
 [DCF] Fair Price = unknown (Cash Flow -44.6m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 70.28 | Revenue CAGR: 20.26% | SUE: N/A | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.11 | Chg30d=-22.22% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.53 | Chg30d=-23.26% | Revisions=-25% | GrowthEPS=+0.0% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=-0.81 | Chg30d=+1.21% | Revisions=+25% | GrowthEPS=-53.8% | GrowthRev=+3560.0%
[Analyst] Revisions Ratio: -17% (up=1, down=2)