Nuclear energy stocks have fallen this year, with the Global X Uranium ETF (URA) down around 15% year to date as the sector appears to have overheated on enthusiasm over nuclear power deals for AI data centers. The article highlights Centrus Energy (LEU), the lone publicly traded proven U.S. uranium enricher, which operates the only NRC-licensed U.S. facility capable of producing HALEU and finalized a $900 million DOE order in July. Second-quarter revenue rose 13.9% to $176.1 million, full-year revenue is estimated at $450–500 million versus $448.7 million in 2025, and the company holds a $4.5 billion backlog extending to 2040. Adjusted net income grew 12% to $38.7 million, while adjusted EPS was flat at $1.95. The author argues the more than 52% year-to-date decline, with shares trading at about 33 times forward earnings, reflects sector concerns more than the company's sound financial health.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
nuclear energydata centersvaluationearnings
Open a keyword to see other news on the same topic.
Related news
- Centrus vs. BWX Technologies: Which Nuclear Supply Chain Stock Is the Better Buy After the Sell-Off?
Centrus Energy (LEU) and BWX Technologies (BWXT) soared with the nuclear revival last year but are down 54% and 22%, respectively, in 2026. The Bank of America Institute projects U.S. electricity demand to grow 5 times faster over the next decade than it did over the last, driven by AI data centers, EVs and reshoring. Centrus is shifting from sourcing fuel to producing enriched uranium domestically, with fuel supply deals announced with Oklo, X-energy, Radiant and Antares, though its capital-intensive build-out will weigh on earnings for the next couple of years. BWXT is the only manufacturer of naval nuclear reactors and fuel for the U.S. Navy, secured $1.4 billion in Naval Nuclear Propulsion Program contracts in May 2026, and also fabricates the reactor pressure vessel for GE Vernova's BWRX-300 SMR. The article suggests Centrus suits investors comfortable with volatility for nuclear build-out upside, while BWXT suits those seeking stability.
- Amazon to fund 12 small nuclear reactors at former Indiana coal plant
Amazon is funding a proposed 960-megawatt nuclear plant in Indiana and will be its first power buyer, the companies announced Monday. American Electric Power (AEP) will operate the plant, while X-energy will supply 12 Xe-100 small modular reactors on the site of a demolished coal plant south of Terre Haute. This is the second Amazon–X-energy deal and three times larger than the first; unlike many new plants, it will connect to the public grid, though Amazon says the power will also serve its data centers. The timeline still hinges on X-energy delivering its first plant at Seadrift, Texas, which is the subject of a state lawsuit and has not yet broken ground.
- Oklo (OKLO) Dropped, So What Is Driving Attention Now?
Oklo (OKLO) plans to advance its Groves 2 Forge isotope facility under the U.S. Department of Energy's Nuclear Energy Launch Pad program, while its shares have fallen 11.07% over 30 days and 58.60% year to date. Its 1-year total shareholder return is down 81.16%, though the 3- and 5-year returns remain very large. The article cites 20-year power purchase agreements with Meta, a 12 GW agreement with Switch through 2044, and the NRC's approval of Principal Design Criteria for Aurora. However, revenue is essentially zero, a $33m net loss was posted, and no commercial plants are operating yet; the company holds about $1.6B in cash, $600m in marketable equities, and has a market cap of roughly $11b. One widely followed valuation narrative puts fair value at $80.55 against a last close of $32.21, but the article stresses that announcements do not equal concrete cash flow or profit.
- Which AI stocks' valuations are outrunning reality?
The Market Hang panel of four guests discusses which AI stocks have reasonable valuations and which are being hyped on speculation. They argue Tesla and SpaceX have no valuation basis and should not be grouped with other companies, while most large names such as Oracle and Apple are seen within a reasonable range, though Apple is at the high end at roughly 35–40 times earnings. AMD is considered expensive, while Google, at about 24 times earnings, is judged not unreasonable given its large cash flow and internal ecosystem. One guest also warned about nuclear companies that have no profits and depend on government reimbursement.
- Should You Buy Vistra After an 11% 1-Day Jump on a $4.2 Billion DOE Loan? The Catch Most Investors Are Missing.
On Oct. 5, 2026, the U.S. Department of Energy announced a conditional loan commitment of up to $4.2 billion to modernize three Vistra nuclear plants in Ohio and Pennsylvania, aiming to add 433 megawatts of capacity and extend their operating lives by 20 years. Vistra shares jumped 11% in a single day on the news. Ongoing Operations Adjusted EBITDA for Q2 2026 rose more than 30% year over year to around $1.8 billion, driven mainly by higher energy and capacity prices and acquired plants. The article stresses that the DOE package is financing, not a grant, so Vistra must meet technical, legal, environmental and financial requirements and repay the loan, and delays or cost overruns could push back payoff. The stock trades at a P/E of about 26, and 18 analysts rate it a Strong Buy.
- Vicor Stock Climbs 9 % for Second Day as AI Data Center Demand Drives 79 % Revenue Jump and Backlog Surge
Vicor shares rose more than 9% in early trading Wednesday to $222.70, extending a rally after strong third-quarter results that beat analyst expectations. Product and royalty revenue reached $197.1 million, up 78.5% from a year earlier, while net income more than doubled to $63.3 million and gross margin rose to 68.3%. Order backlog climbed 166% to $406 million, though $66.6 million of royalty revenue included catch-up payments for earlier periods, raising questions about how much will recur. The stock is up about 87% this year and 138% over 52 weeks, with a trailing P/E near 61, which some analysts view as a high premium. The gains also followed a broader AI infrastructure rebound after strong reports from SpaceX and Super Micro Computer.
Related markets
Latest news
- Gold market and central banks: Russia, Kazakhstan sell as Poland, China buy
Russia and Kazakhstan are selling part of their central-bank gold reserves, while Poland continues to buy more. Russia's gold reserves fell by about 6.2 tonnes in September, bringing the total reduction since January to about 62 tonnes; only once before, in 1998, did it sell at a similar pace, disposing of 118 tonnes over three months. Expert Adam Stroniawski attributes this to a budget shortfall from the war in Ukraine, and notes that around 100 tonnes of Russian gold reached Hong Kong from January to July, nearly three times the same period last year. Kazakhstan plans to cut gold's share of its total reserves from around 78% to 75% by year-end, possibly to plug a budget deficit or for profit-taking. The expert sees these transactions as unlikely to significantly affect the global gold market, and says Poland is unlikely to sell reserves during the current parliamentary term.
- Should Aggregators block AI Agents?
According to a Bernstein research note dated October 23, aggregators such as Amazon, Uber and DoorDash may be justified in blocking external AI agents for now, as the technology threatens their business models. The analysts said concerns that AI agents will displace established platforms may be premature, though AI could fundamentally reshape how consumers search, shop and transact online. Amazon has already blocked external agents, while JPMorgan and Charles Schwab have restricted third-party agents over liability concerns. Meta's Muse assistant reached 2.5 million daily active users in North America within six weeks of launch, with 25% of weekly users having tried agentic shopping and average purchases exceeding $200. The research suggests smaller competitors may gain share by partnering with AI agents, though blocking may be hard to sustain if consumers increasingly favour AI-driven transactions.
- GM Just Announced a $20 Billion Buyback. Tesla Trades at 350 Times Earnings. Here's Which Auto Stock I'd Buy Today.
The article compares Tesla (TSLA) and General Motors (GM). GM reported third-quarter results on Oct. 20 with revenue of $50 billion, up nearly 3% from last year, approved a new $20 billion share buyback, and raised its full-year adjusted automotive free cash flow guidance to $11.5 billion to $12.5 billion. Wall Street focused on potential cost increases from inflation and lingering EV losses, which the author believes are largely overblown. Tesla delivered 486,532 vehicles in its latest quarter, beating expectations but down more than 2% from last year; its trailing P/E is about 351 and its market cap is $1.5 trillion, and the author says the stock is priced for perfection amid execution risks and talk of a possible merger with Space Exploration Technologies (SPCX). If choosing just one, the author would pick GM for its consistent profitability, share buybacks and reasonable valuation, while Tesla carries more risk and more potential upside.
- For the first time in more than a decade, the Russian Navy disappears from the Mediterranean
According to an anonymous NATO official cited by Breaking Defense, no Russian Navy warships were present in the Mediterranean from early July to early September, the first time in more than a decade. Reasons cited include losing access to a key base in the region, the need to protect shadow fleet vessels elsewhere, and a shortage of tankers and support ships to sustain a large force deployed over long periods. Destroyers deployed in the English Channel rely on Amur-class repair ships, which are designed for spare parts and repairs rather than resupply, so cargo must be transferred between vessels, which a NATO official called genuinely dangerous. Professor Basil Germont of Lancaster University said Russia's limited surface fleet is increasingly being redirected to protect strategically important commercial vessels. However, he warned against concluding that Russia will give up key sea routes in the Mediterranean, calling this only a temporary withdrawal.
- Hua Na Hydropower to pay more than VND 370 billion in dividends
Hua Na Hydropower (HNA, HoSE) plans to pay its 2025 dividend in cash at a 16% rate, or VND 1,600 per share, totaling nearly VND 376.4 billion across more than 235.2 million outstanding shares. PV Power holds 80.71% of the shares and is expected to receive nearly VND 303.8 billion. In Q3 2026, net revenue was over VND 321.5 billion, down 13.5%, and net profit was nearly VND 199.9 billion, down 18.5% year on year. For the first nine months, revenue rose 3.5% to over VND 766.3 billion and after-tax profit rose 7.9% to nearly VND 408.9 billion. As of September 30, 2026, total assets grew 9.2% to nearly VND 4,333.2 billion, while total liabilities of over VND 834.1 billion rose 66% from the start of the year, with dividends payable accounting for 42.7% of them.
- Meet the Ultra-High-Yield Dividend Stock That Has Doubled the S&P 500's Returns This Year
Altria (MO) was up 28% through the October 12 close in 2026, compared with 13% for the S&P 500, even though it is known as a dividend stock. At the current share price, its yield is 5.8%, more than 5.5 times the yield of an S&P 500 ETF, and its dividend increase streak stands at 57 consecutive years. The article notes that falling smoking rates (9.9% of U.S. adults, the lowest on record) are partly offset by steady price increases, though adjusted EPS grew only 2.8% year over year in the second quarter, down from 7.3% in the first. Its on! nicotine pouches are gaining distribution but still trail Philip Morris International's Zyn. The article concludes that Altria is a solid option for income-seeking investors, but not a foolproof investment.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.