Roth Capital Partners has initiated coverage on Nano Nuclear Energy with a ‘Buy’ rating and a $45 price target, anticipating a significant boost from the AI-driven energy demand. The firm highlights Nano Nuclear’s progress in commercializing its 15 MWe KRONOS micro-modular reactor, which is seen as a differentiated solution to power the massive new AI data centers being built by hyperscalers like Amazon and Nvidia. This bullish outlook aligns with broader Wall Street consensus, projecting substantial upside for the nuclear power provider.
READ MORE FROM CNBC
Nano Nuclear Energy is positioned for significant growth, poised to capitalize on the burgeoning demand for power driven by the artificial intelligence (AI) boom. Roth Capital Partners has initiated coverage of NANO Nuclear with a 'Buy' rating, setting an ambitious $45 price target, suggesting a substantial 60% upside from its recent closing price. The investment firm highlights Nano Nuclear's rapid advancements in commercializing its 15 MWe KRONOS micro-modular reactor (MMR) and its strategic diversification across the entire uranium lifecycle.
Analyst Craig Irwin underscored the immense potential of Small Modular Reactors (SMRs), noting accelerating demand and the clear catalyst of potential advance orders from major hyperscalers. Nano Nuclear's stock has already seen a 17% surge over the last month, propelled by anticipation of escalating global power requirements for AI applications. This trend is supported by data from the International Energy Agency, which reported a global electricity demand increase of 849 Terawatt-hours in 2025.
The company's impressive 33% growth over the past three months coincides with leading hyperscalers like Amazon and Nvidia committing over $700 billion to build AI data centers. These energy-intensive facilities present a golden opportunity for nuclear power providers. Nano's KRONOS MMR, a 15-megawatt electric power generator, utilizes a high-temperature gas-cooled reactor design with meltdown-resistant enriched uranium fuel. Roth Capital believes this "differentiated" power solution gives Nano a competitive edge, fostering long-term stock appreciation. This positive outlook from Roth Capital aligns with broader Wall Street sentiment, as LSEG data indicates that five out of six analysts covering Nano currently rate it a 'Buy' or 'Strong Buy'.
