Only Two of Five Hyped Nuclear Stocks Actually Sell Fuel Today

Industry
โดย The Motley Fool·US·Read original
Summary · why it matters

Among five nuclear stocks driving market enthusiasm, only Cameco and Centrus Energy sell nuclear fuel today, while Oklo, NuScale Power, and Nano Nuclear Energy remain pre-commercial developers with a combined market value of about $12 billion against roughly $12 million in trailing revenue. Cameco, with a market value of about $41 billion, booked about $2.5 billion in trailing-12-month revenue and raised its full-year outlook for realized uranium prices and revenue despite second-quarter production disruptions. Centrus Energy, valued at about $3.6 billion, generated about $474 million in trailing revenue and operates America's first facility licensed to produce high-assay low-enriched uranium, the fuel most advanced reactor designs require. The three developers hold billions in cash and are pursuing regulatory milestones and first commercial deployments, with Oklo reporting a first-half net loss of $81.6 million on $1.2 million in second-quarter revenue, NuScale holding the first NRC-certified small modular reactor design but only $10.7 million in trailing sales, and Nano Nuclear yet to record any revenue. The sell-off has pushed NuScale about 83% below its 52-week high, Oklo about 77% below, and Nano Nuclear about 70% below, while Cameco sits about 29% below its peak.

Impact on stocks 6

Energy Transition & Power Demand± Mixed · 5 stocks
Cameco Corp
CCJ
▲ PositiveDemandrelevance

Raised full-year outlook for realized uranium prices and revenue despite production disruptions.

Centrus Energy Corp.
LEU
▲ PositiveDemandrelevance

Operates first licensed HALEU facility, key for advanced reactors, with strong revenue.

Oklo Inc.
OKLO
▼ NegativeCapitalrelevance

Pre-commercial with net loss, stock down 77% from high.

Nuscale Power Corp
SMR
▼ NegativeCapitalrelevance

Pre-commercial with minimal sales, stock down 83% from high.

Artificial Intelligence▲ · 1 stocks

Theme Impact 4

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