Nuclear energy stocks are attracting fresh attention as investors weigh shifting interest rate expectations, uneven consumer demand and evolving energy policies across major regions. With oil and broader risk sentiment in focus, many investors are looking more closely at power sources that can support reliable and lower carbon electricity. The Nuclear Energy Stocks screener highlights companies involved in uranium supply, fuel enrichment and reactor development that sit at the center of this theme. This article discusses three stocks from the screener that can help you explore the nuclear energy area in a more focused and informed way.

NuScale Power (SMR)

Overview: NuScale Power develops small modular reactor technology, offering compact nuclear units that each produce 77 megawatts of electricity and come bundled with design, licensing, construction, and long term operations support for utilities and industrial power users. The company also runs training, fuel management, and inspection programs so customers can operate NuScale based plants under strict regulatory requirements.

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

Market Cap: US$3.7b

Investors looking at NuScale Power are weighing a company with a US Nuclear Regulatory Commission approved SMR design, early projects such as the Romanian RoPower plant and Tennessee Valley Authority plans, and growing interest from AI heavy data center customers that need steady carbon free power, against a balance sheet that relies on external funding and a track record of large losses. Forecasts point to revenue growth but no near term profitability, so progress on first commercial deployments, ENTRA1 Energy projects, and long lead module manufacturing will be important signposts. For investors who are comfortable with higher risk, the combination of regulatory requirements and commercialization hurdles makes NuScale a stock to watch closely within nuclear energy.

NuScale Power’s NRC approved design and early utility partnerships are only part of the story; the real question is how the growth path stacks up against funding needs and project risk in the analysis report for NuScale Power

Constellation Energy (CEG)

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

Operations: Constellation Energy generates about US$29.9b of revenue from its Generation segment, supported by operations across the Midwest, Mid Atlantic, New York, ERCOT, and other US power regions.

Market Cap: US$94.3b

Constellation Energy sits at the center of the nuclear theme in this screener, pairing long term, higher margin contracts for carbon free power with AI focused data centers and large corporates such as Microsoft, Meta, Comcast, and now Walmart. Recent nuclear plant restarts, license extensions, and the Calpine acquisition are expanding capacity and contract visibility. On the other hand, heavy use of debt funding, concentrated exposure to a handful of large customers, and sensitivity to regulation and power market redesign mean the upside story comes with real risk that investors need to weigh carefully.

Constellation Energy’s nuclear capacity, long term contracts and AI linked customers hint at a story that many investors may only be seeing half of; the real tension sits in the 4 key rewards and 2 important warning signs

GE Vernova (GEV)

Overview: GE Vernova is an energy equipment and services company that helps utilities and industry generate, move, and manage electricity, from gas and nuclear turbines to wind farms, transformers, grid software, and storage systems across the US and key international markets.

Operations: GE Vernova generates about US$8.7b of revenue from Wind, US$20.3b from Power, and US$10.8b from Electrification, with a small offset from eliminations and other items.

Market Cap: US$280.9b

GE Vernova is attracting attention because it sits at the heart of rising electricity demand from AI data centers, with a large installed base of gas turbines and a growing Electrification segment supplying transformers, grid software, and high voltage equipment. Strong recent earnings, high ROE and expanding profit margins suggest a business that is becoming more cash generative, while a large and growing backlog in data center and grid projects adds revenue visibility. At the same time, the loss making Wind segment, reliance on external borrowing, board inexperience, and insider selling keep risk firmly on the table. The key consideration for investors is how these strengths and weak spots balance out as GE Vernova focuses more on the nuclear and AI power cycle.

GE Vernova’s surging grid and data center exposure can appear to tell the whole story, but the real tension between Electrification strength and Wind weakness only comes into focus in the analysis report for GE Vernova.

The three nuclear energy stocks covered so far are only a starting point in this theme, with the full Simply Wall St Nuclear Energy Stocks screener surfacing 296 more companies whose stories around uranium supply, enrichment, and reactor development may be just as compelling. Use the platform to identify, analyze, and filter for the exact catalysts and narratives that matter to you so you can focus on the nuclear energy opportunities that align most closely with your own view and research process.

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Seeking Fresh Alternatives Beyond Nuclear?

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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.