In this article, we will list the 5 Must-Buy Nuclear Energy Stocks to Invest In. Please visit 8 Must-Buy Nuclear Energy Stocks to Invest In if you would like to see the extended list and the methodology behind it.
5. Oklo Inc. (NYSE:OKLO)
On March 18, 2026, Goldman Sachs analyst Brian Lee lowered the price target on Oklo Inc. (NYSE:OKLO) to $65 from $91 and maintained a Neutral rating. Goldman Sachs said the company reported higher-than-expected operating expenses in Q4 but met its 2025 adjusted operating cash use guidance, while pointing to significantly higher 2026 capex of $350M to $450M as Oklo advances regulatory approvals and construction. The firm added that liquidity has increased to about $2.6B following capital raised in Q1, positioning the company to progress development, including a target for its first reactor to come online in 2028.
B. Riley also lowered its price target on Oklo Inc. (NYSE:OKLO) to $92 from $129 and maintained a Buy rating. The firm cited progress across Oklo’s power, fuel, and isotope businesses, including DOE approvals tied to its first Aurora plant, a prepayment agreement with Meta for up to 1.2 GW in Ohio, and continued advancement in fuel facility construction and isotope operations. B. Riley noted the company exited the quarter with $1.4B in cash and raised an additional $1.2B post-quarter, while guiding 2026 operating cash use of $80M to $100M and investing cash use of $350M to $450M.
On March 18, 2026, Oklo Inc. (NYSE:OKLO) reported FY25 EPS of (72c) versus the (62c) consensus estimate. Operating expenses totaled $139.294M compared with $52.801M in the prior year.
Oklo Inc. (NYSE:OKLO) develops advanced fission power plants designed to deliver clean and reliable energy.
4. Centrus Energy Corp. (NYSE:LEU)
On March 12, 2026, Centrus Energy Corp. (NYSE:LEU) announced a partnership with Palantir to apply AI-driven software tools to support its multi-billion-dollar uranium enrichment expansion. CEO Amir Vexler said the company is moving to “scale it for commercial deployment,” adding that integrating Palantir’s tools should help “meet and exceed operational excellence goals.” He also highlighted early efficiency gains, noting that “$300 million in savings…are only the beginning,” underscoring efforts to shorten lead times and reduce unit costs as Centrus builds out domestic enrichment capacity.
On March 5, 2026, UBS lowered its price target on Centrus Energy to $195 from $245 and maintained a Neutral rating. The firm cited limited near-term earnings upside due to the company’s contracted broker-trader model and ongoing capacity expansion, though it continues to view Centrus as well-positioned for a potential long-term nuclear build cycle.
Last month, Centrus reported Q4 EPS of 79c, below the $1.63 consensus estimate. Revenue came in at $146.2M versus the $147.08M consensus. The company ended 2025 with a total backlog of $3.8B extending to 2040. Vexler described 2025 as a “milestone year,” pointing to “continuous improvements” across both existing and future enrichment operations. He also emphasized a “$2.3 billion” LEU backlog and a government-backed HALEU mandate, positioning the company to serve both commercial and national security demand while advancing toward cost efficiencies at scale.
Centrus Energy Corp. (NYSE:LEU) supplies nuclear fuel components through its Low-Enriched Uranium and Technical Solutions segments.
3. NuScale Power Corporation (NYSE:SMR)
On March 19, 2026, NuScale Power Corporation (NYSE:SMR) announced a collaborative research program with Ebara Elliott Energy to develop and field test a commercial-scale high-temperature steam compressor aimed at integrating NuScale Power Modules with petrochemical plants requiring process heat. The company said its SMR technology remains the “first and only” design to receive approval from the U.S. Nuclear Regulatory Commission, reinforcing its positioning in advanced nuclear. The program will focus on the development and integration of turbomachinery and energy systems, with a target completion in 2027 as partners begin identifying candidates for field testing.
On March 18, 2026, UBS lowered its price target on NuScale to $13 from $20 and maintained a Neutral rating. The firm remains cautiously optimistic on U.S. nuclear development but flagged risks around capital intensity, project delays, and potential cost overruns.
Last month, NuScale reported FY25 revenue of $31.5M compared with $37M in the prior year. CEO John Hopkins described 2025 as a “breakthrough year,” citing progress in commercialization efforts and continued leadership as an SMR “first mover.” He pointed to a nonbinding agreement with TVA to deploy up to 6 gigawatts of SMR capacity and reiterated that NuScale remains the only SMR developer with an NRC-approved design, positioning the company at the forefront of next-generation nuclear deployment.
NuScale Power Corporation (NYSE:SMR) develops and commercializes small modular reactor technology through its NuScale Power Module platform.
2. Ur-Energy Inc. (NYSE:URG)
On March 12, 2026, H.C. Wainwright lowered its price target on Ur-Energy Inc. (NYSE:URG) to $2.30 from $2.60 and maintained a Buy rating, citing recent dilution.
Also on March 12, 2026, Northland lowered its price target on Ur-Energy to $1.85 from $2.15 and kept an Outperform rating. Northland said Q4 results included an updated Lost Creek technical report with higher operating expenses that more than offset about 1M pounds of net additional resource. Northland also noted that the startup for Shirley Basin has been pushed from Q1 to Q2 due to regulatory approval delays.
On March 10, 2026, Ur-Energy reported that pounds of U3O8 drummed rose by 161,231 pounds, or 65%, in 2025 to 410,440 pounds, with ending inventory at 406,089 pounds versus 335,327 pounds in 2024. Production improvements at Lost Creek continued, with pounds captured increasing by 105,147 pounds, or 40%, alongside higher flow rates and additional infrastructure. The company said it will continue focusing on plant optimization and flow rate improvements in 2026, while also advancing Shirley Basin toward commissioning, with management pointing to “strong execution” and improved operating performance across the portfolio.
Ur-Energy Inc. (NYSE:URG) explores, develops, and operates uranium mineral properties in the United States.
1. PG&E Corporation (NYSE:PCG)
On March 18, 2026, JPMorgan raised the price target on PG&E Corporation (NYSE:PCG) to $24 from $21 and maintained an Overweight rating after updating models across the North America utilities group.
On March 9, 2026, UBS upgraded PG&E Corporation (NYSE:PCG) to Buy from Neutral and raised its price target to $23 from $20. UBS said improvements in California wildfire policy and affordability could drive upside, noting that potential phase two legislation ahead of the July 2 recess may reduce the company’s liability exposure. The firm added that PG&E’s current 43% price-to-earnings discount could narrow “meaningfully” as risks continue to decline.
Last month, PG&E Corporation (NYSE:PCG) reported Q3 core EPS of 36c, in line with the 36c consensus estimate. CEO Patti Poppe said the company made “real progress” in 2025, highlighting efforts to deliver safe, reliable, and affordable energy while lowering electric prices multiple times and preventing major wildfires for a third consecutive year. Poppe added that safety, reliability, and affordability remain central to the company’s priorities.
PG&E Corporation (NYSE:PCG) provides electricity and natural gas services to customers across northern and central California.
While we acknowledge the potential of PCG 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 PCG and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 10 Must-Buy Real Estate Stocks to Invest In and 11 Best High Volume Penny Stocks to Buy Now.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
