Shares of Nano Nuclear Energy (NNE) gained in after-hours trading after the microreactor technology company reported its Fiscal Year 2025 results. Interestingly, the firm had a big year in 2025, as it made major progress on its small nuclear reactor called KRONOS MMR. More specifically, the company bought the rights to the reactor, started preparing for construction in the U.S. and Canada, and opened a research center in Illinois with help from a $6.8 million state grant.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
It also raised over $600 million and was added to major stock indexes, which boosted interest from investors. Separately, the company broke ground at the University of Illinois for its first prototype, completed drilling, and got safety approval from U.S. regulators. In Canada, it restarted the licensing process and secured a test site. Nano also signed deals to power a future AI campus and a U.S. military base, which shows that there is strong demand for its clean energy tech.
On the financial side, Nano ended the year with over $200 million in cash, which has since risen to $580 million after a big investment from institutional investors. It also partnered with LIS Technologies to help supply nuclear fuel and joined a $3.4 billion U.S. government program. With strong funding and growing interest from tech and defense, Nano believes it’s on track to become a leader in nuclear power.
Is NNE Stock a Good Buy?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on NNE stock based on one Buy assigned in the past three months, as indicated by the graphic below. Furthermore, the NEE price target of $45 per share implies 47% upside potential. However, it’s worth noting that estimates will likely change following today’s earnings report.
