5 Most Promising New Technology Stocks to Buy According to Analysts

​2. X-Energy, Inc. (NASDAQ:XE)

Number of Hedge Fund Holders: N/A

Upside Potential: 76.25%

X-Energy, Inc. (NASDAQ:XE) is one of the Most Promising New Technology Stocks to Buy According to Analysts. X-Energy, Inc. (NASDAQ:XE) has declined roughly 28% over the past month. The decline comes as the initial IPO fever cooled down.

​The company had a successful IPO in April 2026 and raised around $1.1 billion in net proceeds. The Street expects more than 76% upside from the current levels. The bullish sentiment is mainly driven by a project pipeline of 144 reactors totaling roughly 11.5 gigawatts of electricity. Moreover, the company also has key strategic partnerships with Dow, Amazon, and Centrica.

​On June 4, the company reported fiscal Q1 2026 earnings. During the quarter, X-Energy, Inc. (NASDAQ:XE) reported revenue and grant income of $43.4 million, reflecting 109% year-over-year increase. This was mainly driven by a $21.6 million increase in activities related to the Advanced Reactor Demonstration Program with the US Department of Energy.

​On June 23, Marc Bianchi of TD Cowen maintained a Buy rating on the stock with a price target of $35. The analyst maintained the price target despite a recent pullback and noted that the sell-off was overdone when compared to the underlying fundamentals of the company. The key concern driving the pullback was a delay in the Amazon/Energy Northwest construction permit application, which is now pushed into the first half of 2027. However, Bianchi does not see this as disrupting the broader project timeline, particularly as Amazon appears to remain actively engaged with the initiative.

X-Energy Inc. (NASDAQ:XE) is a US-based nuclear technology company that develops advanced nuclear reactors and fuel solutions, including the Xe-100 reactor and TRISO-X fuel. The company focuses on delivering next-generation clean energy technologies.