Global bond yields are feeling the strain of persistent energy driven inflation risk, which keeps attention on power security and long term supply. That puts nuclear energy stocks back on many watchlists as investors look for power sources that are not directly tied to volatile fuel markets. This article highlights 3 nuclear energy stocks from our screener that help turn that broad theme into specific ideas to research.

The three nuclear energy stocks below are just a sample from this theme. The full screen surfaced 32 more companies with equally focused narratives on fuel supply, enrichment and reactor technology that are not covered here. To identify and analyze the highest conviction ideas in this space, head straight to the Nuclear Energy Stocks screener.

NuScale Power (SMR)

NuScale Power is focused on small modular reactor technology through its 77 MWe NuScale Power Module, offering an end to end package that covers licensing, plant design, construction, operations, and long term maintenance for utilities. The company currently earns its roughly US$11 million in revenue from electric utilities and has all of it coming from the United States. NuScale Power has a market cap of about US$3.9b, which puts it firmly in the mid cap bracket for nuclear focused power equipment stocks.

NuScale Power appeals to investors who want exposure to small modular reactors that are already licensed by the US Nuclear Regulatory Commission and linked to real world projects in places like Romania and potential deployments with TVA and ENTRA1. The company has about US$1.9b in cash and investments and no debt, which gives it time to pursue power purchase agreements, yet it still reports sizeable losses and depends on fresh equity to fund commercialization, so dilution risk is front and center. If you want a closer look at how this SMR story could evolve from early revenues to larger fleets of modules, there is more to unpack on contract progress, cost discipline and analyst expectations beyond this brief snapshot.

NuScale Power combines a multibillion-dollar cash position with early-stage reactor projects that many investors may be underestimating. Get the fuller picture of its runway, progress, and dilution risk with the analysis report for NuScale Power

Build your own nuclear energy watchlist

NuScale Power and the two other stocks in this article are just a few of the companies that surfaced using our flexible screener. Use our customisable Screener to mix metrics like valuation, balance sheet strength, risks and cash, or take a shortcut by browsing any of our curated Investing Ideas.

Oklo (OKLO)

Oklo is building small modular fission plants called Aurora Powerhouses, designed to supply 15 to 75 megawatts of reliable nuclear power, while also developing nuclear fuel recycling and fabrication technology to turn used fuel into reactor ready material. This positions Oklo directly within the Nuclear Energy Stocks theme through both next generation reactors and fuel supply. The company has a market cap of about US$7.7b.

Oklo attracts interest because it aims to own and operate its reactors and sell long term electricity contracts, potentially tying nuclear power directly to data centers and industrial customers rather than one off equipment sales. A strong cash and investments position reported in recent commentary, alongside progress on the Groves test reactor and early revenue from isotopes, gives it time to pursue regulatory approvals and commercial Aurora projects. However, losses are still significant and no commercial power plants are online yet. Investors weighing this US$7.7b nuclear stock need to balance the appeal of long duration power contracts and fuel recycling against regulatory risk, funding needs, insider selling and an unproven path to profitable scale.

Oklo is tying long term power contracts, fuel recycling and early isotope revenue into one ambitious story that many investors may still be underestimating. See how those pieces fit together in the 1 key reward and 6 important warning signs (1 is major!)

GE Vernova (GEV)

GE Vernova is an energy technology company that supplies equipment and services across power generation, wind and grid infrastructure, with its nuclear steam turbines and reactor balance of plant equipment in the Power segment providing the clearest link to the Nuclear Energy Stocks theme. The Power segment generated about US$21b in revenue in the most recent period, compared with roughly US$8.5b from Wind and US$12.2b from Electrification, so nuclear hardware and services sit within a broader mix of gas, hydro and grid businesses. GE Vernova has a market cap of about US$257.3b.

Investors watching nuclear power and AI driven electricity demand may find GE Vernova worth a closer look because it connects nuclear turbine hardware, long term service contracts and grid equipment into one platform. The company reports a very high return on equity, a large order backlog and strong interest from data center and grid customers, yet also carries issues such as a weaker Wind segment, a large non recurring gain that distorts recent profitability and a capital structure reliant on external borrowing. If you want to understand whether GE Vernova’s nuclear turbomachinery and grid position justify its premium valuation and analyst optimism, there is more to examine beneath the headlines than the recent contract wins alone suggest.

GE Vernova is connecting nuclear turbines, grid demand from data centers and a large order backlog into one fast moving story that many investors may be missing. The crucial twist sits inside the analyst forecasts for GE Vernova

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.