Why Nano Nuclear Energy Stock Is Powering Higher Today

Why Nano Nuclear Energy Stock Is Powering Higher Today

Scott Levine, The Motley Fool

Mon, September 21, 2026 at 9:50 PM GMT+3 2 min read

• NNE +1.29%
• NVDA +0.66%

Reversing course from the 4% slide it suffered last week, Nano Nuclear Energy (NASDAQ: NNE) stock is rocketing higher today. A new firm has initiated coverage on the nuclear stock, and investors are enthusiastic about the analyst's perspective.

As of 12:58 p.m. ET, shares of Nano Nuclear Energy are up 9.4%.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

This analyst sees shares soaring over 100% higher

Initiating coverage on Nano Nuclear Energy, Sean Milligan, a Needham analyst, rated the stock a buy and assigned a $33 price target. Based on Nano Nuclear Energy's Friday close of $15.73, Milligan's price target implies upside of 110%.

According to Thefly.com, Milligan based his outlook on several factors, including recognition that the $580M in liquidity provides a strong runway as the company advances toward the licensing phase of its small modular reactors.

What's a potential nuclear energy investor to do now?

Unsurprisingly, Nano Nuclear Energy stock is shooting higher today, considering Milligan's auspicious outlook. Investors interested in this nuclear energy stock must remember, however, that this is merely one opinion -- not a guarantee that shares will, in fact, climb to this level.

While it's worth acknowledging Milligan's outlook, investors would be better served by monitoring the company's progress toward securing the requisite licenses to commence commercial operations. The Nuclear Regulatory Commission, for example, anticipates completion of the company's Kronos MMR reactor environmental assessment in the first quarter of 2027, with the safety evaluation in the third quarter of 2027.

Should you buy stock in Nano Nuclear Energy right now?

Before you buy stock in Nano Nuclear Energy, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nano Nuclear Energy wasn't one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $387,158!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,365,749!*

That performance is why people listen. With a track record of beating the S&P 500 by 4x, Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul.

See the 10 stocks »

*Stock Advisor returns as of September 21, 2026.

Scott Levine has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Why Nano Nuclear Energy Stock Is Powering Higher Today was originally published by The Motley Fool