In this article, we will discuss: 10 Best Performing Nuclear Energy Stocks According to Analysts.
The boom in AI investment has led to rapid growth in data center buildouts. To power these large scale centers, one power source that has caught the attention of both the builders and investors is nuclear power. On this front, Sama Bilbao y Leon, Director General of the World Nuclear Association, shared key insights with CNBC TV18 at the World Economic Forum at Davos. She outlined that partnerships between AI companies and nuclear companies were growing:
“The large energy users are quite interested in nuclear energy. They understand that nuclear can provide them. . .[with] 24/7 carbon free electricity and steam that they need. So yes, we are seeing lots of partnership with Google, with Meta, with Microsoft, with Amazon, with many others.”
However, these partnerships were not limited to just the technology companies, as according to the World Nuclear Association executive:
“We are seeing many other sectors of the economy, chemical companies such as Dow Chemical, or metallurgical companies, like many in the world. They are all very interested in seeing not just electricity but high temperature steam for nuclear to help them decarbonize, power their efforts.”
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Our Methodology
To curate the list of 10 best performing nuclear stocks according to analysts, we used the Finviz Stock Screener and ETF stock listings as our sources for the stocks. We sifted the stocks through either their 5 year share price performance or performance since public listing and analyst upside. Lastly, we ranked the stocks in ascending order of the upside potential. We have also mentioned the hedge fund sentiment around each stock. Please note that the data was recorded on March 7th, 2026.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10. Entergy Corporation (NYSE:ETR)
Number of Hedge Fund Holdings: 50
5-Yr./Post Listing Share Price Performance: 134%
Analyst Upside: 2.8%
Evercore ISI was out with a bullish take on power generation firm Entergy Corporation (NYSE:ETR) on March 5th. It raised the share price target to $107 from $101 and kept an In Line rating on the stock. Evecore’s coverage followed the broader fourth quarter earnings season, as per The Fly. It also followed coverage from Morgan Stanley on February 20th. The bank had raised Entergy Corporation (NYSE:ETR)’s share price target to $98 from $91 and kept an Equal Weight rating on the stock.
Bank of America and BMO Capital had raised Entergy Corporation (NYSE:ETR)’s share price target on February 13th. BofA raised it to $103 from $97 and kept a Neutral rating on the stock as it adjusted its EPS and other forecasts to align with the firm’s coverage. BMO Capital hiked the target to $112 from $104 and kept an Outperform rating on the back of a higher earnings growth estimate.
Entergy Corporation (NYSE:ETR) is one of the largest regulated utilities in America. The firm relies on nuclear, coal, gas, and other sources to generate electricity.
9. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holdings: 115
5-Yr./Post Listing Share Price Performance: 477%
Analyst Upside: 6.4%
GE Vernova Inc. (NYSE:GEV)’s shares were recently discussed by financial firm Erste Group. The firm set a Buy rating on the shares as it initiated coverage. Erste’s coverage came after several analysts had discussed GE Vernova Inc. (NYSE:GEV). For instance, on January 30th, RBC Capital raised the share price target to $800 from $761 and kept an Outperform rating on the stock. Several factors drove the financial firm’s coverage. These included GE Vernova Inc. (NYSE:GEV)’s latest quarterly earnings report, demand acceleration and favorable pricing, tailwinds from the firm’s Prolec acquisition, and backlog and electrification margins.
Baird had also discussed GE Vernova Inc. (NYSE:GEV) on February 4th. The firm had upgraded the nuclear equipment company to Outperform as it pointed out that it was set to benefit from an upcycle in the energy infrastructure sector. Baird added that its previous worries about overcapacity in the industry would not materialize in the short or medium term.
GE Vernova Inc. (NYSE:GEV) is an American company that operates in the power generation equipment industry. It makes and sells equipment used to generate power from nuclear, gas, hydroelectric, and other sources.
8. Cameco Corporation (NYSE:CCJ)
Number of Hedge Fund Holdings: 82
5-Yr./Post Listing Share Price Performance: 594%
Analyst Upside: 15%
Uranium supplier Cameco Corporation (NYSE:CCJ) made a major announcement on March 4th when it announced a nine-year uranium supply agreement with India. The deal is worth $2.6 billion, and it will see the firm supply the country with 22 million pounds of the material between 2027 and 2035. Through the agreement, Cameco Corporation (NYSE:CCJ) made inroads into India’s nuclear power market, which currently consists of 24 nuclear reactors and aims to reach 100 gigawatts in power generation capacity by 2047.
Raymond James discussed Cameco Corporation (NYSE:CCJ)’s shares in mid-January. It raised the share price target to C$165 from C$150 and kept an Outperform rating on the shares. The financial firm outlined that the coverage was part of a broader coverage of the mining industry. Bernstein had also discussed Cameco Corporation (NYSE:CCJ) in January, as it adjusted the price target to $101 from $100 and maintained an Outperform rating. The financial firm pointed out that higher uranium prices were responsible for the adjustment.
Cameco Corporation (NYSE:CCJ) is a Canadian company that provides uranium and is also present in the power generation technology segment through its Westinghouse division.
7. BWX Technologies, Inc. (NYSE:BWXT)
Number of Hedge Fund Holdings: 64
5-Yr./Post Listing Share Price Performance: 226%
Analyst Upside: 18%
Nuclear power generation equipment manufacturer BWX Technologies, Inc. (NYSE:BWXT) reported its earnings on February 23rd, following which BTIG discussed the firm’s shares. It lifted the share price target to $235 from $225 and kept a Buy rating on the stock. BWX Technologies, Inc. (NYSE:BWXT)’s fiscal fourth quarter revenue of $885 million beat FactSet estimate of $837 million. As part of the results, the firm also revealed that during 2025, its backlog had jumped by 50% annually to sit at $7.3 billion.
Following the earnings, CNBC’s Jim Cramer discussed BWX Technologies, Inc. (NYSE:BWXT). He outlined that the firm benefited from simultaneously having exposure to the defense and nuclear industries. As a result, not only did the Pentagon’s rising defense budget help the firm, but the spurt in activity in the commercial nuclear industry was also beneficial, according to the television host. Ahead of the earnings, in late January, Seaport Global had also discussed BWX Technologies, Inc. (NYSE:BWXT). It downgraded the shares to Neutral from Buy.
BWX Technologies, Inc. (NYSE:BWXT) is a diversified nuclear products company that caters to the needs of the civilian and defense segments by selling products such as reactors and nuclear fuel.
6. Constellation Energy Corporation (NASDAQ:CEG)
Number of Hedge Fund Holdings: 76
5-Yr./Post Listing Share Price Performance: 609%
Analyst Upside: 23%
Nuclear power generation firm Constellation Energy Corporation (NASDAQ:CEG)’s shares were discussed by Mizuho and Citigroup on February 25th. Citigroup kept a Neutral rating on the shares and cut the share price target to $348 from $368. Similarly, Mizuho also reduced the share price. It cut the target to $330 from $390 and kept a Neutral rating on the shares.
However, two days later, on the 27th, TD Cowen raised Constellation Energy Corporation (NASDAQ:CEG)’s share price target. It hiked the target to $454 from $440. Reiterating a Buy rating on the shares, TD Cowen outlined that Constellation Energy Corporation (NASDAQ:CEG) could benefit from an acceleration in contracting activity in 2026 and positive developments in the PJM market electrical grid in the United States. Constellation Energy Corporation (NASDAQ:CEG) has made key moves in the nuclear power market when it comes to supplying data centers with nuclear power, as it has signed agreements with technology giants Microsoft and Meta lasting as long as 20 years.
Constellation Energy Corporation (NASDAQ:CEG) is one of the largest utilities in America. It relies on nuclear, gas, wind, solar, and other sources to generate electricity.
5. Denison Mines Corp. (NYSE:DNN)
Number of Hedge Fund Holdings: 35
5-Yr./Post Listing Share Price Performance: 267%
Analyst Upside: 37%
Uranium miner Denison Mines Corp. (NYSE:DNN)’s share price target was raised to $4.25 from $3 by Roth Capital on February 18th, as per The Fly. The upgrade came after it appeared that the firm was on track to receive approval for a mining project in the Athabasca Basin, Saskatchewan. In an SEC filing on March 4th, the firm confirmed that its board had given approval for the ISR uranium mine. These mines, called in-situ recovery projects, dissolve uranium directly from the orebody and Denison Mines Corp. (NYSE:DNN)’s project is the first of its kind in Canada. The project is also the first large-scale uranium mining project in Canada in 20 years.
CIBC discussed Denison Mines Corp. (NYSE:DNN)’s shares on February 4th. It reiterated a C$6.50 share price target and a Buy rating. The coverage followed Raymond James’ increasing the share price target to C$5.05 from C$4.30. Keeping an Outperform rating, the financial firm outlined that the coverage was based on a broader update of the mining sector.
Denison Mines Corp. (NYSE:DNN) is a Canadian mining company headquartered in Toronto, Canada, and with a major presence in the Athabasca Basin, Saskatchewan.
4. Vistra Corp. (NYSE:VST)
Number of Hedge Fund Holdings: 102
5-Yr./Post Listing Share Price Performance: 790%
Analyst Upside: 46%
Nuclear power generation firm Vistra Corp. (NYSE:VST) saw BMO Capital adjust its share price target earlier this month. On March 2nd, BMO raised the share price target to $241 from $240 and kept an Outperform rating on the shares. The coverage followed Vistra Corp. (NYSE:VST)’s fiscal fourth quarter earnings report. The power generation firm’s nuclear projects and free cash flow were some of the factors that BMO discussed in the coverage. It outlined that Vistra Corp. (NYSE:VST)’s 1.8-gigawatt nuclear facility was experiencing increased customer interest and added that the firm possessed a strong ability to generate free cash flow.
After Vistra Corp. (NYSE:VST)’s latest financials, Wells Fargo had also discussed the firm. It had trimmed the share price target to $234 from $236 and kept an Overweight rating. The bank pointed out that the power generation company’s earnings beat and guidance had met expectations. Vistra Corp. (NYSE:VST) is making key inroads into providing data centers with nuclear power as the firm has signed power purchase agreements with tech giants Amazon and Meta.
Vistra Corp. (NYSE:VST) is a power generation company with a 44,000 megawatt generation portfolio comprised of nuclear, coal, solar, gas, and other sources.
3. Centrus Energy Corp. (NYSE:LEU)
Number of Hedge Fund Holdings: 35
5-Yr./Post Listing Share Price Performance: 703
Analyst Upside: 48%
Nuclear raw materials provider Centrus Energy Corp. (NYSE:LEU) was on investment bank UBS’ radar on March 5th, according to TipRanks. UBS cut the share price target to $195 from $245 and kept a Neutral rating on the shares. Centrus Energy Corp. (NYSE:LEU)’s long and short-term performance played a role in the coverage. As per UBS, while the firm can see limited short-term upside to its earnings due to the nature of the uranium trading industry, over the long term, Centrus Energy Corp. (NYSE:LEU) can benefit from a generation upcycle in nuclear power generation.
William Blair had also discussed Centrus Energy Corp. (NYSE:LEU)’s shares in February. It kept an Outperform rating after the uranium company’s fiscal fourth quarter and full-year 2025 earnings report. The financial firm commented that Centrus Energy Corp. (NYSE:LEU) trends in uranium pricing and contracts led the firm to deliver earnings and guidance that were short of what the market had expected.
Centrus Energy Corp. (NYSE:LEU) is a uranium supplier that deals in Low-Enriched Uranium (LEU). It also provides technical solutions and services.
2. Oklo Inc. (NYSE:OKLO)
Number of Hedge Fund Holdings: 38
5-Yr./Post Listing Share Price Performance: 479%
Analyst Upside: 92%
Nuclear reactor designer Oklo Inc. (NYSE:OKLO) is one of the hottest stocks in its space. While the shares have soared recently amidst the hype for nuclear power’s ability to power data centers, investment bank Barclays reduced the firm’s share price target on the 24th. It reduced Oklo Inc. (NYSE:OKLO)’s price target to $86 from $146 and kept an Overweight rating on the shares. The banking giant pointed out that the nuclear power company had entered 2026 with demand visibility. It added that clarity about costs and regulatory factors was important for Oklo Inc. (NYSE:OKLO). Along with the firm, the bank also nuclear power firm NuScale and outlined that it would need to secure funding.
Barclays’ coverage of Oklo Inc. (NYSE:OKLO) came after Goldman Sachs had reduced the price target to $91 from $106 and kept a Neutral rating on the stock. The investment bank discussed the uranium market and The February Global Reactor Tracker report.
Oklo Inc. (NYSE:OKLO) is designing and developing small fission reactors called Aurora Powerhouses. It is also working on technologies to recycle nuclear fuel.
1. Nano Nuclear Energy Inc (NASDAQ:NNE)
Number of Hedge Fund Holdings: 16
5-Yr./Post Listing Share Price Performance: 421%
Analyst Upside: 98%
Nuclear power generation equipment designer Nano Nuclear Energy Inc (NASDAQ:NNE) announced on February 24th that it had entered into a memorandum with an Emirati investment firm to study the deployment of micro modular nuclear reactors in the UAE. The Emirati firm, EHC Investment, focuses on the region’s energy infrastructure and has prior experience in the gas industry. Through the deal, Nano Nuclear Energy Inc (NASDAQ:NNE) and EHC will enter into a joint venture after securing a commercial project or an order.
The announcement came soon after Nano Nuclear Energy Inc (NASDAQ:NNE) had reported its financial updates for the first quarter of 2026. As part of the release, the firm outlined that it had ended the quarter with $577 million in cash and equivalents. Nano Nuclear Energy Inc (NASDAQ:NNE) added that it had used $4 million in operating activities and $3.1 million in investing activities during the quarter. Additionally, the nuclear company also generated $381 million in net cash through financing activities in the quarter.
Nano Nuclear Energy Inc (NASDAQ:NNE) designs and develops batteries and nuclear power reactors. Its products include the LOKI and KRONOS MMR nuclear reactors.
While we acknowledge the potential of NNE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NNE and that has 100x upside potential, check out our report about this cheapest AI stock.
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