Nuclear energy stocks sit at the crossroads of two powerful forces right now: steady demand for reliable baseload power and growing interest in lower carbon energy sources. With global data pointing to resilient consumption, ongoing fiscal support in major economies, and persistent focus on energy security, many investors are looking for ways to add exposure to this theme in a more targeted way. This Nuclear Energy Stocks screener filters companies across uranium production, enrichment, and reactor operations, helping you move beyond guesswork. In this article, you will see 3 of the best stocks from the screener worth a closer look.

NuScale Power (SMR)

Overview: NuScale Power develops small modular reactor technology, offering compact 77 MWe light water reactors and a suite of services that cover design, licensing, construction, operation, and ongoing maintenance of nuclear power plants. It also supports customers with regulatory approvals, training, fuel management, and outage planning to help bring nuclear projects from concept to commercial operation.

Operations: NuScale Power currently generates all of its US$18.7 million in revenue from electric utility related services in the United States.

Market Cap: US$3.7b

NuScale Power stands out in nuclear energy because it already has U.S. Nuclear Regulatory Commission approved SMR technology and is tied into real projects such as the RoPower plant in Romania and the ENTRA1 and TVA deployment plans. These could be key test cases for its business model. At the same time, the company is still loss making, with recent quarterly revenue of just US$0.6 million against a US$44.0 million loss, ongoing shareholder dilution, and heavy reliance on future project funding. For investors who can tolerate volatility and a longer timeline, the combination of its regulatory position, growing SMR interest from power hungry data centers, and analyst expectations of rapid revenue growth may make NuScale a company to watch closely as these projects and forecasts are tested.

NuScale Power sits at the intersection of ambitious SMR rollout plans and heavy current losses, and the real tension is whether future contracts justify that risk, so reviewing the analyst forecasts for NuScale Power could surface the twist investors are missing

Constellation Energy (CEG)

Overview: Constellation Energy is a US based power producer and retailer that runs a large fleet of nuclear, wind, solar, gas, and hydro plants with around 31,676 megawatts of capacity, supplying electricity, natural gas, and clean energy solutions to utilities, businesses, public sector entities, and households.

Operations: Constellation Energy generates around US$29.9b in revenue from its Generation segment, supported by geographically diversified sales across the Midwest, Mid Atlantic, New York, ERCOT, and other US power regions.

Market Cap: US$94.3b

Constellation Energy provides direct exposure to one of the largest nuclear fleets in the US, with long term contracts tied to AI driven data center demand and corporate decarbonization that can support relatively high margin, long duration cash flows. At the same time, the stock carries meaningful debt, relies heavily on regulated and centralized nuclear assets, and has earnings that include large one off gains, so headline growth can appear stronger than underlying trends. There is also a fair value gap indicated by cash flow estimates and new nuclear PPAs such as the Walmart deal. The key question for investors is whether the current price fully reflects the long dated risks and potential rewards embedded in Constellation Energy's profile.

Constellation Energy’s nuclear fleet sits at the heart of rising AI and decarbonization demand, but those long duration contracts, debt, and one off gains tell a more complex story. Reviewing the 4 key rewards and 2 important warning signs might reveal what the current share price is quietly building in, and what it is leaving out.

GE Vernova (GEV)

Overview: GE Vernova is an energy equipment and services company that supplies the hardware and software needed to generate, move, convert, and store electricity across its Power, Wind, and Electrification segments, serving utilities, governments, and industrial customers worldwide.

Operations: GE Vernova generates around US$20.3b from Power, US$8.7b from Wind, and US$10.8b from Electrification, with small eliminations and other items reducing the total.

Market Cap: US$280.9b

GE Vernova is attracting attention because it sits at the center of rising electricity demand from AI data centers and grid upgrades, while combining an entrenched installed base of roughly 7,000 gas turbines with a large US$31b service backlog that supports recurring revenue. Earnings have rebounded sharply with a 23.8% net margin and ROE of 62.2%, and its P/E of 30x is below many electrical peers. However, the share price is still above some intrinsic value estimates, so expectations are already high. The drag from its Wind segment, heavy use of external funding, insider selling, and a relatively new board add real risk factors that investors need to weigh carefully against the appeal of its Power and Electrification businesses.

GE Vernova’s accelerating earnings and large service backlog could be masking where the real risk reward sits, so reviewing the 4 key rewards and 2 important warning signs (1 is major!)

The three nuclear energy stocks in this article are just a starting point, since the full Nuclear Energy Stocks screener highlights 33 more companies with equally compelling narratives around uranium supply, enrichment capacity, and reactor build out. Use Simply Wall St to identify and analyze the specific catalysts and narratives that matter most to you, so you can focus on your highest conviction nuclear energy ideas.

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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.