HC Wainwright Expects Lower Earnings for Westwater Resources

Westwater Resources, Inc. (NASDAQ:WWR) – Stock analysts at HC Wainwright lowered their FY2026 earnings per share (EPS) estimates for shares of Westwater Resources in a research note issued to investors on Tuesday, April 7th. HC Wainwright analyst H. Ihle now expects that the basic materials company will post earnings per share of ($0.20) for the year, down from their prior estimate of ($0.13). HC Wainwright has a “Buy” rating and a $1.75 price objective on the stock.

Westwater Resources Stock Up 2.5%

WWR stock opened at $0.63 on Thursday. The business’s fifty day moving average is $0.80 and its 200-day moving average is $1.04. The company has a market cap of $78.01 million, a P/E ratio of -4.81 and a beta of 1.69. Westwater Resources has a twelve month low of $0.45 and a twelve month high of $3.75.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its stake in shares of Westwater Resources by 169.4% in the 4th quarter. Renaissance Technologies LLC now owns 2,836,890 shares of the basic materials company’s stock valued at $2,128,000 after purchasing an additional 1,783,833 shares during the period. Geode Capital Management LLC lifted its stake in shares of Westwater Resources by 54.4% in the 4th quarter. Geode Capital Management LLC now owns 1,288,757 shares of the basic materials company’s stock valued at $967,000 after purchasing an additional 454,005 shares during the period. Two Sigma Investments LP acquired a new position in shares of Westwater Resources in the 3rd quarter valued at $972,000. XTX Topco Ltd lifted its stake in shares of Westwater Resources by 717.9% in the 4th quarter. XTX Topco Ltd now owns 610,853 shares of the basic materials company’s stock valued at $458,000 after purchasing an additional 536,170 shares during the period. Finally, Soviero Asset Management LP acquired a new position in shares of Westwater Resources in the 3rd quarter valued at $446,000. Institutional investors and hedge funds own 7.72% of the company’s stock.

About Westwater Resources

Westwater Resources, Inc (NASDAQ: WWR) is a Houston‐based mineral development company focused on advancing sustainable sources of battery‐grade graphite for the lithium‐ion battery market. The company’s primary asset is the Coosa Graphite Project in east‐central Alabama, where Westwater is working to establish a fully integrated, U.S.‐based supply chain for natural spherical graphite. By leveraging in‐house purification and spheronization technology, Westwater aims to produce high‐purity graphite suitable for electric vehicle and stationary energy storage applications.

Originally founded as a diversified natural resources company, Westwater Resources has realigned its strategy toward critical battery minerals.