NioCorp Developments

NB · NASDAQ

$3.03−$0.02 (−0.66%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $3.05

NB analyst rating

BuyConsensus of 4 analysts over the last 12 months. 75% rate it a buy.

Strong buy0
Buy3
Hold1
Underperform0
Sell0

12-month price target · 8 analysts

Average $10.95 (+261.5% upside)

Low: $4.75
Now: $3.03
High: $15.75

Upgrades and downgrades

The latest rating actions, newest first

NB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Jefferies	Sep 2, 2026	Initiates	Hold	$4.70	57%
B. Riley Securities	Jun 9, 2026	Initiates	Buy	$12.00	—
HC Wainwright & Co.	Apr 9, 2026	Maintains	Buy	$11.25 → $10.00	24%
HC Wainwright & Co.	Jan 13, 2026	Maintains	Buy	$9.50 → $11.25	24%
Freedom Broker	Jan 8, 2026	Initiates	Buy	$8.70	62%
HC Wainwright & Co.	Dec 8, 2025	Maintains	Buy	$8.25 → $9.50	24%

The case for and against

Updated Jun 30, 2026

Bull case

NioCorp Developments is well positioned for future growth as they have secured a long-term offtake agreement for their Elk Creek Project, reducing project risk and increasing potential for shareholder value. Their updated feasibility study and ongoing efforts to secure financing further increase confidence in their future success, and a strong cash balance provides them with the necessary resources to continue advancing their project. Overall, NioCorp Developments has a solid foundation for future success and growth in the critical minerals market.

Bear case

NioCorp Developments is experiencing a negative outlook due to (1) increased capital requirements for their Elk Creek project; (2) potential financing risk; and (3) potential operating and technical risks. Despite raising $500.0M in capital, the company faces challenges in securing full project financing and may encounter difficulties during pre-construction work. These risks may hinder the achievement of their target price in the future.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.