5 Best Energy Stocks to Buy According to Wall Street Analysts

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1. NuScale Power Corporation (NYSE:SMR)

Upside Potential as of March 22: 70.41%

Topping our list of the Best Energy Stocks According to Analysts is NuScale Power Corporation (NYSE:SMR). The company provides small modular reactor technology solutions. Its groundbreaking NuScale Power Module is a 12-module plant that can produce up to 924 MWe of carbon-free energy.

NuScale Power Corporation (NYSE:SMR) had a setback on March 19 when UBS reduced its price target on the stock from $20 to $13, while keeping a ‘Neutral’ rating on the shares. The lowered target still reflects an upside potential of over 9% from the current share price.

NuScale Power Corporation (NYSE:SMR) boasts a significant first-mover advantage over other next-gen nuclear reactor developers, since its NuScale Power Module is the only small modular reactor (SMR) with a standard design approval from the Nuclear Regulatory Commission. However, while the company currently has two designs approved by the NRC, it has yet to manufacture and sell its first SMR for commercial use.

NuScale Power Corporation (NYSE:SMR) was recently included in our list of the Top 10 Nuclear Energy Stocks to Invest in for the Next 5 Years.

While we acknowledge the potential of SMR 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 SMR and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 13 Oil Stocks with Highest Dividends.

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