Microreactor technology group Nano Nuclear Energy (NNE) is set to report its Q2 earnings this week – May 15. Its share price is up 18% in the year-to-date buoyed by government support for nuclear power and AI data center demand.
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Traders are watching NNE stock closely because the options market is pricing in a sharp reaction after the release. According to our TipRanks Options tool, traders are expecting a 10.76% move in either direction after the report, signaling significant uncertainty about NNE’s results.
What Wall Street Expects
Wall Street expects NNE to report an Earnings Per Share loss of $0.26, an improvement on the $0.57 EPS loss it posted in the same period last year. The company is still in pre-revenue status.
Key Issues Ahead of Earnings
NNE said it ended Q1 with $577.5 million in cash and cash equivalents, an increase of approximately $374 million during the quarter driven by gross proceeds of $400 million from an October 2025 private placement. In terms of projects it highlighted a feasibility study with U.S. manufacturer BaRupOn to evaluate up to 1 GW of KRONOS – one of its microcreactors – deployments for an AI data center and manufacturing campus.
It reported a growing pipeline of data center, industrial and military customers and was added to the Morgan Stanley National Security Index. However, it added that while the company is targeting construction-permit submission and has a conservative 2030 prototype target, licensing timelines remain uncertain.
In April, it announced it had been awarded a U.S. Department of Energy Gateway for Accelerated Innovations in Nuclear voucher in collaboration with Oak Ridge National Laboratory to support development of its KRONOS MMR Energy System.
Since then it has announced other partnerships. Earlier this month, Nano Nuclear Energy said it has entered into a memorandum of understanding with Super Micro Computer (SMCI). This strategic collaboration is focused on exploring the integration of Nano Nuclear’s advanced microreactor systems with Supermicro’s AI server and data center platforms.
What Do Analysts Make of NNE Stock?
NNE has a Moderate Buy consensus based on 2 Buy ratings. Its highest price target is $50. NNE stock’s consensus price forecast is $47.50, implying a 67.55% upside.