Elite Nuclear Power Stocks To Own In September 2026

With global food and commodity prices described as elevated and the FAO Food Price Index at multi year highs, attention is turning to how the world sources reliable energy for farms, factories and households. That is where nuclear energy stocks come into focus for investors looking at long term power solutions. This article walks through three nuclear related stocks from the screener that merit a closer look now.

The stocks highlighted below are just a small sample from this nuclear energy theme, and the full screen surfaced 32 more companies with equally detailed narratives that are not covered here. If you want to move beyond the shortlist and quickly identify, compare and analyze nuclear opportunities across the sector, head straight to the Nuclear Energy Stocks screener.

NuScale Power (SMR)

Overview: NuScale Power is a pure play on small modular reactors, built around its 77 MWe NuScale Power Module that is sold as a full package covering reactor design, Nuclear Regulatory Commission licensing support, construction, operations, and long term maintenance services for nuclear power plants.

Operations: NuScale Power currently generates about US$11 million of revenue, all from U.S. electric utility related activity.

Market Cap: US$4.2 billion

For investors looking at nuclear energy as a long term power solution, NuScale Power offers direct exposure to U.S. approved small modular reactor technology, anchored by its NuScale Power Module and bundled plant services. The regulatory lead, including NRC certification, and projects such as the TVA ENTRA1 pathway and Romania’s RoPower FEED work, provide a tangible project pipeline. A reported liquidity position of about US$1.9 billion provides funding for commercialization efforts. The trade off is that NuScale is still loss making, relies on external funding and needs binding power purchase agreements to turn its technology position into sustained cash flows. For investors comfortable with that execution risk, NuScale is one of the purest listed plays on SMRs available today.

NuScale Power’s NRC approved SMR design, early projects and US$1.9b liquidity often get plenty of attention, yet the real story sits in the detailed 1 key reward and 3 important warning signs (1 is major!)

Constellation Energy (CEG)

Overview: Constellation Energy is a U.S. power producer that owns and operates a large fleet of nuclear, wind, solar, natural gas and hydro plants, supplying baseload, low carbon electricity from multiple reactor sites. Its nuclear generation business is the clearest link to the Nuclear Energy Stocks screener theme. The company also sells natural gas, energy related products and sustainability solutions to a wide range of customers.

Operations: Constellation Energy generates about US$31.3b of revenue from its Generation segment, which aggregates earnings from its nuclear and other power assets across regions including the Midwest, Mid Atlantic, New York, ERCOT and other power markets.

Market Cap: US$105.9b

Constellation Energy provides direct exposure to one of the largest nuclear fleets in the U.S., supplying 24/7 low carbon power that is used by data centers and corporates signing long term power purchase agreements. Recent deals totaling around 920 MW, including contracts with Walmart and progress on a 20 year Microsoft agreement, illustrate interest in time matched clean energy. At the same time, heavy reliance on nuclear assets, high capital needs and balance sheet pressure from externally funded liabilities mean the investment case involves risks. For investors focused on nuclear backed electricity and multi decade contracts, the detailed narrative and risk factors around Constellation’s nuclear generation business warrant close attention.

Constellation Energy’s long term nuclear contracts could be masking an underappreciated story around risk and reward. Before you decide how that balance looks in your portfolio, scan the full 3 key rewards and 2 important warning signs (1 is major!)

NextEra Energy (NEE)

Overview: NextEra Energy is a large U.S. utility that supplies electricity across Florida and the wider North American wholesale market, using a mix of nuclear, wind, solar, natural gas and storage assets. Its ownership and operation of nuclear plants through Florida Power & Light and the NEER wholesale segment provide nuclear baseload generation alongside a much larger fleet of renewables and gas fired power.

Operations: NextEra Energy generates the bulk of its revenue from Florida Power & Light at about US$18.7b, with around US$9.5b from the Nextera Energy Resources wholesale business and US$448 million from Corporate and Other activities.

Market Cap: US$174.0b

NextEra Energy gives you a mix of nuclear powered baseload through FPL and NEER, plus a very large renewables and gas portfolio that is already serving data centers and fast growing electricity demand. The proposed all stock merger with Dominion could widen its regulated footprint and scale. However, it also brings regulatory and financing questions at a time when the dividend is not well covered by free cash flow and interest costs matter more. Strong recent profitability and a P/E below the U.S. electric utilities average indicate an appealing quality profile. For nuclear themed investors, the key focus is how this capital intensive growth plan balances debt, dividends and long lived nuclear assets over the coming years.

NextEra Energy’s mix of nuclear baseload and large scale renewables hints at a bigger story that many investors may be glossing over. The balance between its capital plan, dividend pressure and debt profile could look very different once you have seen the full analysis report for NextEra Energy

Seeking Fresh Alternatives Beyond Nuclear?

New ideas can move from under the radar to full momentum quickly. Review these fresh stock lists before the crowd catches up and while the data still matters, act now.

• Spot cash rich balance sheets before they attract broad attention by scanning the curated list of solid balance sheet and fundamentals (53 results) for companies built to handle shocks and fund growth internally.
• Review the hand picked 11 dividend fortresses for potential yield plus stability in one move, focusing on dependable payouts backed by resilient business models.
• Assess the curated 39 power grid technology and infrastructure stocks to position ahead of potential infrastructure developments that connect directly to long term spending on energy reliability and capacity.

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.

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