Nano Nuclear Energy stocks are poised to benefit as nuclear power companies take steps to commercialize micro-modular reactors in the midst of an artificial intelligence power generation boom, according to Roth Capital Partners. The investment firm initiated research coverage on NANO Nuclear on Wednesday with a buy rating and a $45 price target on the stock, implying a 60% upside from Thursday’s closing price. “Management is moving rapidly towards commercialization of the 15MWe KRONOS micro-modular reactor (MMR) while diversifying operations across the uranium lifecycle,” analyst Craig Irwin wrote in a 25-page report to clients on Wednesday. “The opportunity for SMR reactors is likely to be huge, and demand is accelerating. Potential pre-orders from hyperscalers are clearly the catalyst.” Nano Nuclear has soared 17% in the past month on expectations for increased global power demand to run AI applications. According to a recent report from the International Energy Agency, global electricity demand increased by 849 terawatt hours in 2025. The company’s stock’s recent growth (Nano Nuclear leads by 33% in the past three months) comes as hyperscalers such as Amazon and Nvidia have pledged at least a total of $700 billion to build AI data centers. Since these facilities require large amounts of energy, nuclear operators can tap into the electricity demand. Nano’s Kronos MMR is intended to generate 15 megawatts of electricity using a high-temperature gas-cooled reactor design and meltdown-resistant enriched uranium fuel. Roth Capital said the design provides Nano with a “differentiated” power solution that gives it an edge over its competitors and could boost its stock price over the long term. Roth Capital’s judgment is in line with Wall Street consensus, with five out of six analysts covering Nano rating the company a “buy” or “strong buy,” according to LSEG data.
