NNE
Nano Nuclear EnergyNNE
NNE
About: Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
750% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 4
236% more capital invested
Capital invested by funds: $6.37M [Q2] → $21.4M (+$15M) [Q3]
214% more funds holding
Funds holding: 14 [Q2] → 44 (+30) [Q3]
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
4.17% more ownership
Funds ownership: 0.95% [Q2] → 5.12% (+4.17%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
98%
upside
Avg. target
$58
130%
upside
High target
$66
162%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
HC Wainwright & Co. Sameer Joshi 25% 1-year accuracy 1 / 4 met price target | 98%upside $50 | Buy Reiterated | 27 Nov 2024 |
Benchmark Michael Legg 46% 1-year accuracy 21 / 46 met price target | 162%upside $66 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 12 articles about NNE published over the past 30 days
Neutral
GlobeNewsWire
4 days ago
NANO Nuclear Energy and Digihost Technology Announce Submission to New York State Energy Research and Development Authority's Request for Information
Digihost and NANO Nuclear look to support New York State's Energy Plan to build advanced, clean and affordable nuclear energy
Neutral
GlobeNewsWire
1 week ago
NANO Nuclear Energy and Digihost Technology Inc. Announce Collaboration to Establish Microreactor Technology at its 60MW Power Plant in Upstate New York
Miami, FL and New York, NY, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost””) (NASDAQ/TSXV: DGHI), an innovative energy infrastructure company developing cutting-edge data centers, and NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced the signing of a Memorandum of Understanding (“MOU”) to advance the transition to carbon-free energy at Digihost's 60 megawatt upstate New York power plant.
Neutral
GlobeNewsWire
1 week ago
LIS Technologies and NANO Nuclear Energy are One of Six Awarded U.S. Department of Energy Contracts as Part of Low-Enriched Uranium Acquisition Program with An Aggregate Appropriation of $3.4 Billion Over 10 years
DOE awards contract to LIS Technologies (Laser Isotope Separation Technologies) as a prime contractor and NANO Nuclear Energy as a key subcontractor under which they may access task orders with a minimum value of $2 million each as the companies seek to progress their nuclear fuel production, enrichment and related technologies and capabilities
Positive
Benzinga
1 week ago
Russell 2000 High Flyers: 4 Stocks Shaping 2024 With Quantum, AI, Nuclear, Space
Finiz analysed Russell 2000 small-cap stocks with over $1 million in trading volume and a Buy or better recommendation.
Neutral
Seeking Alpha
1 week ago
NANO Nuclear Energy: A Pre-Revenue Play That Could Either Boom Or Burst
NANO aims to launch its two microreactors, Zeus and Odin, by 2030-2031, with some earlier revenue expected from nuclear consulting, HALEU fuel transportation, and non-TRISO HALEU fuel production. I believe the 8x price surge since its IPO to $26.6 is purely speculative, making me quite cautious about potential profit-taking waves similar to the June-August pullback. I expect significant cash burn beyond the current $2.54M quarterly rate as the company develops its multiple business lines simultaneously, in addition to its R&D costs.
Neutral
GlobeNewsWire
2 weeks ago
NANO Nuclear Energy Signs MOU with Vert2Grow Energy Solutions to Bring Sustainable Energy and Food Production to Remote Communities
New York, N.Y., Dec. 03, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced the signing of a non-binding Memorandum of Understanding (MOU) with Vert2Grow Energy Solutions Inc. (Vert2Grow). Vert2Grow utilizes vertical farming technology provided by Food Security Structures Canada (FSSC).
Positive
Schwab Network
3 weeks ago
The Big 3: RDDT, NNE, ADSK
On Black Friday, Scott Bauer is bullish on three stocks that he thinks are on sale: Reddit (RDDT), Nano Nuclear Energy (NNE), and Autodesk (ADSK). Rick Ducat provides the technical analysis and shares which levels traders should be watching on the chart.
Neutral
GlobeNewsWire
3 weeks ago
NANO Nuclear Energy to Present at Craig-Hallum Capital Group's Nuclear Energy Revisited Conference Held Virtually on December 11, 2024
New York, N.Y., Nov. 29, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear or “the Company”), a leading vertically integrated advanced nuclear energy and technology company developing portable clean nuclear energy solutions, today announced that it will participate and present at the upcoming invite-only, virtual Nuclear Energy Revisited Conference, hosted by Craig-Hallum Capital Group on December 11th, 2024.
Neutral
GlobeNewsWire
3 weeks ago
NANO Nuclear Energy Announces Closing of $60 Million Private Placement with Three Accredited Institutional Investors
Cash position at over $125 Million in just under 7 months as a public company Financing provides cash runway to expedite cutting-edge portable nuclear microreactor technologies, auxiliary businesses, seek complimentary acquisitions and drive growth towards initial revenue generation New York, N.Y., Nov. 27, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced the closing of a private placement with three accredited institutional investors for gross proceeds of approximately $60 million to NANO Nuclear, before deducting offering expenses.
Neutral
GlobeNewsWire
3 weeks ago
NANO Nuclear Energy and Everstar Announce Successful Pilot to Advance AI-Driven Regulatory and Licensing Solutions for the Nuclear Energy Industry
New York, N.Y., Nov. 26, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear or “the Company”), a leading vertically integrated advanced nuclear energy and technology company developing portable clean nuclear energy solutions, and Everstar, a leader in artificial intelligence (AI)-powered compliance solutions, today announced the successful three-month pilot project aimed at addressing regulatory challenges in the nuclear sector focused on implementing Everstar's AI solutions across a broader range of NANO Nuclear's regulatory and licensing workflows.
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