Government bond yields in major markets are climbing as investors reassess long term inflation risks tied to higher energy costs. That shift keeps attention on power sources that do not rely on fossil fuel supply chains, including nuclear energy stocks. For investors, this creates a clear theme to explore. This article highlights 3 stocks from our Nuclear Energy Stocks screener that help you research this opportunity.

The nuclear energy stocks in this article are only a starting sample, as the full screen surfaced 298 more companies with equally detailed narratives that are not covered here. To go further, head straight into the Nuclear Energy Stocks screener to identify, filter, and analyze your highest conviction ideas.

NuScale Power (SMR)

NuScale Power is a pure play on commercial small modular reactors, built around its NRC licensed NuScale Power Module that targets reliable, grid scale nuclear power with bundled design, licensing, construction, and long term operations services. Revenue today is modest and comes from a single segment, Utilities Electric, which generated about US$11 million, while the company is valued at roughly US$3.9b. That gap between current sales and market value reflects investor focus on NuScale’s SMR pipeline, but also brings funding risk, ongoing losses, and dilution concerns that you need to weigh carefully.

Investors watching nuclear energy as a potential backbone for future power grids and data centers may want to keep NuScale Power on their radar. The company currently has the only NRC certified SMR design, early project traction with partners such as TVA and RoPower, and around US$1.9b in cash that supports its push toward commercial deployment. At the same time, NuScale is still loss making, has very limited current revenue, and relies heavily on new contracts and equity funding, so execution on the first few large projects will matter a lot. Many investors are watching how the next steps develop given the company’s pre revenue profile.

NuScale Power’s NRC licensed SMR story is all about scale colliding with risk. Before you decide how that fits your portfolio, review the independent 1 key reward and 3 important warning signs (1 is major!)

Build your own nuclear shortlist around NuScale Power

NuScale Power and the two other nuclear stocks in this article all surfaced from a single Simply Wall St screener, and you can set up the same kind of filters in our flexible Screener. If you prefer a starting point with ready made themes, you can also jump into our curated Investing Ideas.

Oklo (OKLO)

Oklo is building Aurora fission powerhouses, compact reactors designed to deliver roughly 15 to 75 megawatts of low carbon electricity, along with fuel recycling and fuel fabrication services that convert used nuclear fuel into fresh reactor fuel. This links Oklo tightly to the build and fuel side of the nuclear energy theme, rather than just uranium supply. The company is still very early on the commercial curve and does not yet report meaningful revenue, yet the stock is valued at about US$8.2b, which reflects the weight investors are putting on its future deployment plans.

Oklo gives you direct exposure to the push for modular nuclear power for AI data centers and grid constrained customers. Its model centers on long term electricity contracts instead of one off reactor sales, and a plan to control fuel recycling in house. At the same time, there is essentially no current revenue, recent losses around US$33 million, and full reactor licensing is not yet secured in a sector known for regulatory risk and delays. For investors who want a nuclear stock tied to potential recurring power sales rather than traditional utilities, Oklo may warrant a closer look, but only if you are comfortable with high execution and funding risk that could take years to play out.

Oklo’s plan to pair compact reactors with long term power contracts has investors focusing on what could happen if the first projects land as planned. Get the full context in the independent 1 key reward and 6 important warning signs (1 is major!)

GE Vernova (GEV)

GE Vernova is an energy equipment and services company that helps generate, move, and manage electricity across gas, nuclear, hydro, wind, solar, and grid infrastructure. Its clearest link to the nuclear energy theme sits in the Power segment, which designs, manufactures, and services nuclear steam turbines and other equipment used in nuclear plants, alongside gas and hydro, and generated about US$21.0b in revenue. Wind contributed roughly US$8.5b and Electrification about US$12.2b, while the company’s market cap is around US$287.4b, putting it among the larger global power equipment stocks.

GE Vernova provides exposure to nuclear power infrastructure through its turbine and plant services, and also to the broader build out of gas generation and electrification tied to AI data centers and grid upgrades. The company’s large installed base and long term service contracts help support earnings quality, while a sizeable backlog linked to AI related power and grid orders has attracted attention. At the same time, the Wind segment weighs on profitability and recent one off gains and insider selling mean you may want to look closely at underlying earnings and governance. For investors who want a large scale, nuclear exposed power equipment stock with both upside potential and notable execution risks, GE Vernova may warrant further research.

GE Vernova’s large power and grid footprint has investors asking whether the real story is steady services, AI linked orders, or something else entirely. Read the independent 5 key rewards and 2 important warning signs

Curious To Explore Alternatives Before Committing?

Fresh stock ideas can gain momentum fast, and once a breakout gets caught by the crowd the easy entry can drop away. Check these screens while it still matters and act now.

• Spot companies with strong cash generation before they start flying by scanning the curated 50 high quality undervalued stocks that focus on quality first and hype second.
• Target AI stocks already producing real earnings momentum by reviewing the carefully filtered 74 profitable AI stocks that aren't just burning cash instead of chasing stories that rely on distant promises.
• Secure exposure to potential power grid upgrades while they remain under the radar for now by reviewing the specialist 39 power grid technology and infrastructure stocks built around critical infrastructure players.

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.