
XE and BWXT offer two distinct paths into the growing nuclear sector, from advanced reactor development to established government-backed nuclear operations.
X-Energy, Inc. is a leading innovator in the energy sector, focused on delivering sustainable energy solutions through its proprietary Xe-100 small modular reactor technology. By providing clean and reliable energy, X-Energy addresses the increasing global demand for low-carbon power sources, thereby playing a crucial role in the energy transition. The company positions itself at the forefront of energy security and efficiency initiatives while maintaining a strong commitment to environmental responsibility. With its advanced technology and operational excellence, X-Energy represents a compelling investment opportunity in a rapidly evolving energy market.
| Revenue (TTM) | $117.08M |
| Gross Profit (TTM) | $-80.93M |
| EBITDA | $-208.49M |
| Operating Margin | -165.70% |
| Return on Equity | -60.20% |
| Return on Assets | -11.90% |
| Revenue/Share (TTM) | $5.33 |
| Book Value | $-58.80 |
| Price-to-Book | 4.99 |
| Price-to-Sales (TTM) | 38.77 |
| EV/Revenue | 31.8 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 133.50% |
| Shares Outstanding | $287.46M |
| Float | $175.14M |
| % Insiders | 45.16% |
| % Institutions | 16.64% |
Volatility is currently expanding

XE and BWXT offer two distinct paths into the growing nuclear sector, from advanced reactor development to established government-backed nuclear operations.

AI-for-Nuclear Research Partnership with Idaho National Laboratory, NVIDIA and Amazon Web Services (“AWS”) 3-Year Initiative Awarded $60 Million under U.S. Department of Energy's Genesis Mission Targets Long-Term Industry Schedule Acceleration and Cost Reduction WASHINGTON, July 22, 2026 (GLOBE NEWSWIRE) -- X-Energy, Inc. (Nasdaq: XE) (“X-energy” or “the Company”) was today announced as a founding member of the Prometheus project, a historic research initiative led by Idaho National Laboratory (“INL”), NVIDIA (Nasdaq: NVDA), and AWS to accelerate advanced nuclear deployment through the use of artificial intelligence (“AI”). X-energy joins as a Tier 1 partner, committing financial support and the use of its proprietary Xe-100 small modular reactor (“SMR”) and TRISO-X fuel designs to advance the U.S. Department of Energy's Genesis Mission, and a new horizon for American innovation.

OKLO's selection for a $200 million nuclear initiative tied to AI data centers boosted shares and highlighted demand for reliable power.

Oklo Inc (NYSE:OKLO) and X-Energy Inc (NASDAQ:XE) shares are moving higher in Tuesday's after-hours session following reports that the companies are joining a government program that aims to increase the pace of power plant development for AI data centers.

OAK RIDGE, Tenn., July 15, 2026 (GLOBE NEWSWIRE) -- TRISO-X, LLC (“TRISO-X” or the “Company”), a leading manufacturer of advanced nuclear fuels and wholly-owned subsidiary of X-Energy, Inc. (“X-energy”) (NASDAQ: XE), today announced it has received an $11 million economic development grant from the State of Tennessee. The funding will support the continued development of the Company's fuel fabrication campus in Oak Ridge, Tennessee, including a potential second commercial fuel facility and a dedicated research and development center. The award marks an important milestone in TRISO-X's efforts to advance U.S. energy security through America's first commercial-scale advanced nuclear fuel campus.

XE's capital-light strategy centers on reactor licensing, TRISO fuel and services, aiming for recurring revenues and scalable growth as commercialization expands.

GE Vernova's stronger stock performance, lower valuation, dividend and upbeat 2026 outlook give it the edge over X-Energy.

XE builds momentum with reactor projects and regulatory progress, yet its recent stock decline may leave investors weighing next steps.

X-Energy is a speculative buy at $21, offering a unique SMR solution with both electricity and high-temperature steam applications. XE's Xe-100 reactor and TRISO-X fuel position it for industrial, chemical, hydrogen, and data center markets, broadening its addressable market versus peers. Q1 2026 saw 109% revenue growth to $43.4M, but operating costs rose 133%, with substantial cash burn offset by a strong post-IPO liquidity position.

X-Energy is rated Hold at fair value, with $2B liquidity, an 11.5 GW backlog, and a differentiated TRISO-X fuel franchise. Q1 results show strong execution, but revenue growth is tied to DOE grants, not yet diversified commercial streams; opex growth is expected in the pre-commercial phase. TRISO-X's NRC Category II license and first-mover status in HALEU fuel manufacturing underpin XE's long-term optionality, even if competitors win reactor deployments.
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