Is X-Energy (XE) One of the Best Young Stocks with the Highest Upside Potential?

X-Energy Inc. (NASDAQ:XE) is one of the best young stocks with the highest upside potential. On June 4, X-energy reported its FQ1 2026 results, marking its first earnings release as a publicly traded company. The company highlighted $43 million in revenue and grant income, alongside approximately $1.1 billion raised through its IPO on the Nasdaq Global Select Market under the ticker XE.

During the quarter, X-energy advanced several regulatory and commercialization milestones for its Xe-100 high-temperature gas-cooled reactor and TRISO-X fuel programs. Key developments included progress in the UK Generic Design Assessment process, US Nuclear Regulatory Commission environmental clearance for a project in Texas, and approval of a Part 70 fuel fabrication license enabling commercial fuel manufacturing.

The company also strengthened its supply chain and deployment pipeline through agreements with industrial partners and utilities across the United States and abroad. These include collaborations with SGL Carbon and IHI Corporation, as well as exploratory deployment discussions with US energy utilities in Kentucky and Pennsylvania, supporting its broader strategy to commercialize small modular reactor technology at scale.

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.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.