Wall Street is betting big on next-generation nuclear energy companies that power artificial intelligence (AI) data centers. With U.S. electricity demand set to grow 75% by 2050, investors are looking for stocks that can keep up with this surge in power demand.
Two stocks to watch are Microvast and Nano Nuclear Energy. Microvast designs battery solutions for the growing solar energy sector, while Nano Nuclear is developing advanced portable micro nuclear reactors.
Microvast’s cutting-edge battery technology has led to significant revenue growth, with its FY25 consensus estimate rising 46%. The company projects a strong earnings per share (EPS) growth of 53% in 2026. Its stock has soared 120% YTD and over 2,220% off its November 2024 lows.
Nano Nuclear Energy is also gaining traction, with its balance sheet showing $210 million in cash and cash equivalents. The company’s microreactors have gained interest from institutional investors and Wall Street analysts, with five brokerage recommendations for the stock. Nano Nuclear announced its inclusion in the S&P Global Broad Market Index and S&P Total Market Index, expanding its visibility to a large swath of investors.
Both Microvast and Nano Nuclear Energy stocks offer significant upside potential, making them attractive options for investors looking for the next big thing in AI energy. With their strong fundamentals and growth prospects, these two stocks might just be the next Oklo.
Source: https://www.tradingview.com/news/zacks:a8b76ce60094b:0-2-ai-energy-stocks-to-buy-now-that-might-be-the-next-oklo