NANO Nuclear Energy Inc. (NNE) Stock Price & Analysis
NANO Nuclear Energy Inc. (NNE) closed at USD 12.53 on Thursday, October 22, 2026, down 6.00% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 13.33; the Oct 22, 2026 session ranged USD 12.33–13.01 on volume of 1,770,395 shares. Market capitalization is $672.84M, with a 52-week range of USD 12.01–49.5 (NCM). Source: Nexqual, retrieved October 23, 2026 at 12:51 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NNE.md
Key facts (NNE)
- Insider open-market sales, last ~7 months: 10 Form 4 filings, $52.3M; 2 not under a Rule 10b5-1 plan ($168K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.13 on a 1–5 scale) (8 analysts), mean target USD 37.14 (range 19–50).
- Total return with dividends: 1Y -70.5% vs S&P 500 +14.9%; 5Y +177.8% vs S&P 500 +80.3%.
- Next earnings: 2026-08-12, EPS estimate USD -0.29, revenue estimate $1.3M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NNE)
| USD | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|
| Net income | -$6.3M | -$10.2M | -$40.1M | -$33.9M |
| EPS (diluted) | -$0.28 | -$0.39 | -$1.06 | — |
| Free cash flow | — | -$10.2M | -$28.1M | — |
| Cash + short-term investments | $7.0M | $28.5M | $203M | — |
Fiscal years end Sep. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (NNE)
P/B 1.1x · Earnings yield -5.03%
Insider sales (SEC Form 4, open-market, last ~7 months) (NNE)
8 of 10 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-03 | Walker James John | Chief Executive Officer | 25,000 | $444K | 3.8% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-09-01…2026-09-02 | Yu Jiang | President and Chairman | 474,500 | $8.3M | 5.8% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-09-01 | Walker James John | Chief Executive Officer | 25,000 | $436K | 3.6% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-05 | Heidet Florent | Chief Technology Officer | 3,000 | $75K | 32.7% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-05 | Berl Seth Jason | Director | 3,750 | $93K | 33.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-03 | Hare Diane Elizabeth | Director | 3,428 | $91K | 100% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-03 | Walker James John | Chief Executive Officer | 123,688 | $3.3M | 18.2% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-03 | Yu Jiang | President and Chairman | 745,900 | $19.9M | 4.3% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-03 | Garcha Jaisun | Chief Financial Officer | 37,215 | $986K | 9.7% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-06-03 | I Financial Ventures Group Llc | 700,000 | $18.7M | 7.8% | Yes | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (NNE)
Consensus Buy (mean 2.13 on a 1–5 scale), 8 analysts; mean target USD 37.14 (low 19, high 50).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-22 | Truist Securities | Target lowered | Hold | $22 → $19 |
| 2026-09-21 | Needham | Initiated | Buy | $33 |
| 2026-07-27 | Alliance Global Partners | Initiated | Buy | $46 |
| 2026-07-14 | Truist Securities | Initiated | Hold | $22 |
Total return (dividends reinvested) (NNE)
| 1Y (from 2025-10-23) | 5Y (from 2024-05-06) | |
|---|---|---|
| Total return | -70.5% | +177.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -70.6% | +51.4% |
| Volatility (annualized) | 89.3% | 128.7% |
| Max drawdown | -73.8% (Oct 2025→Oct 2026) | -75.3% (Jul 2024→Sep 2024) |
NNE suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Nuclear Energy | “Our company also maintains important collaborations with leading researchers from the Cambridge Nuclear Energy Centre” |
| Partner | MMR | “we have already made material progress with the KRONOS MMR™ reactor, including affirming the collaboration for this project” |
| Partner | Nuclear Education and Engineering Consulting | “January 19, 2024, we entered into a services agreement with NEEC, effective on January 15, 2024.” |
| Partner | American Capital Partners | “under a placement agency agreement with us, pursuant to which Titan received a cash fee equal to 5.0% of the gross proceeds received” |
| Related party | LIS Technologies | “part of an integrated system with LIST, a related-party laser uranium enrichment company with which we have an investment and related” |
| Related party | Nuclear | “to house our Nuclear Technology Branch, and $2,000,000 as a strategic equity investment into LIS Technologies Inc. (a related party).” |
Quoted from the company's 10-K filed Dec 18, 2025.
NNE analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.29 | $-0.32 | -9.1% | $1.3M | 7 |
| Next quarter (ends Dec 2026) | $-0.30 | $-0.29 | +1.0% | $1.9M | 5 |
| Current fiscal year (ends Sep 2026) | $-0.80 | $-0.94 | -14.2% | $1.5M | 7 |
| Next fiscal year (ends Sep 2027) | $-1.25 | $-1.41 | -11.4% | $8.3M | 7 |
Key Statistics (as of October 23, 2026 at 12:51 UTC)
| Price | USD 12.53 |
|---|---|
| Change | ▼ 6.00% (down) |
| Previous Close | USD 13.33 |
| Open | USD 12.64 |
| Day Range | USD 12.33 – 13.01 |
| 52-Week Range | USD 12.01 – 49.5 |
| Volume | 1,770,395 shares |
| Market Cap | $672.84M |
| Exchange | NCM |
Technical Analysis (NNE)
Nexqual's technical model rates NNE "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 12:51 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 32.47 (neutral) |
| vs SMA50 | Below (USD 16.61) |
| MACD | -1.1 (negative) |
Analyst Ratings (NNE)
Wall Street analysts rate NNE "Buy" based on 8 analysts, with a mean price target of USD 37.14 (range USD 19–50), per Nexqual as of October 23, 2026 at 12:51 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 8 |
| Mean Target | USD 37.14 |
| High Target | USD 50 |
| Low Target | USD 19 |
| Buy / Hold / Sell | 6 / 2 / 0 |
Earnings (NNE)
| Next Earnings Date | 2026-08-12 |
|---|---|
| EPS Estimate | USD -0.26 |
| Revenue Estimate | $1.28M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.19 vs est -0.27 ▲ beat |
| 2026-03-31 | USD -0.18 vs est -0.26 ▲ beat |
| 2025-12-31 | USD -0.13 vs est -0.3 ▲ beat |
| 2025-09-30 | USD -0.19 vs est -0.31 ▲ beat |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Financials & Fundamentals (NNE)
| Total Revenue | $214,042 |
|---|---|
| Gross Margin | +29.07% |
| Operating Margin | -7378.27% |
| Profit Margin | +0.00% |
| ROE | -8.04% |
| Debt / Equity | 0 |
| Current Ratio | 79.18 |
| Total Cash | $581.64M |
| Total Debt | $2.84M |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Financial Health Score (NNE)
Nexqual rates NANO Nuclear Energy Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 12:51 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Strong — $582M cash vs $3M debt, net cash position |
| Cash Flow | Weak — Operating cash flow -$20M (FY ended Sep 2025, 10-K) |
| Efficiency | Critical — ROE -8%, ROA -7.6% |
Ownership (NNE)
| Insider Ownership | +17.42% |
|---|---|
| Institutional Ownership | +44.84% |
| Shares Outstanding | 53.70M |
| Float | 44.82M |
| Short % of Float | +37.81% |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Leadership (NNE)
NANO Nuclear Energy Inc. is led by James Walker B.E., CPHYS, M.Sc., P.Eng., CEO, Interim Head of Reactor Development & Director, per Nexqual as of October 23, 2026 at 12:51 UTC.
| CEO, Interim Head of Reactor Development & Director | James Walker B.E., CPHYS, M.Sc., P.Eng. |
|---|---|
| Founder, Executive Chairman, President, Secretary & Treasurer | Jiang Yu |
| Chief Financial Officer | Jaisun Garcha CPA, CGA |
| Executive Director of Corporate Finance | Darlene T. DeRemer |
| Director of Investor Relations | Matthew James Barry C.F.A. |
Major Backers & Investors (NNE)
Notable institutional backers of NANO Nuclear Energy Inc. include Van Eck Associates Corporation, Mirae Asset Global ETFs Holdings Ltd., VanEck ETF Trust-VanEck Uranium and Nuclear ETF, according to Nexqual as of October 23, 2026 at 12:51 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Van Eck Associates Corporation | 7.11% |
| Mirae Asset Global ETFs Holdings Ltd. | 5.69% |
| VanEck ETF Trust-VanEck Uranium and Nuclear ETF | 5.66% |
| GLOBAL X FUNDS-Global X Uranium ETF | 4.73% |
| UBS Group AG | 1.38% |
| Fidelity | 1.26% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 6.5% |
| Vanguard Group | 3.2% |
| Geode Capital | 2.05% |
| State Street | 1.93% |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
From NANO Nuclear Energy Inc.'s Latest SEC 10-K Filing (filed 2025-12-18)
Key Strengths & Strategy (as disclosed to the SEC)
- As we are still at the development stage and we have not produced any products yet, we have determined that our current insurance coverage is sufficient for our business operations in the U.S. spent approximately 3.8 years on research and development and invested over an aggregate of approximately $20.8 million on research and development related to all of our microreactors to develop these technologies, such as ZEUS™, ODIN™, and KRONOS MMR™.
- The work carried out focused on delivering a thermal-hydraulics model to study the temperature in our ZEUS™ reactor core as well as the thermal efficiency of the system, a Monte-Carlo model to study criticality and reactivity coefficients in the reactor core during depletion, and an optimized version of the reactor core including thermal-hydraulics and neutronics. information, USNC raised over $120 million for the research and development activities related to our KRONOS reactor technology.
- The transfer of the Chalk River License Application and certain other of the Canadian Assets (such assets, the "Consent Assets") required the consent of certain Canadian governmental entities, including the CNSC (the "Canadian Consents").
- We consider this purchase price to be advantageous for us as we believe based on publicly available information that USNC raised over $120 million for the development of the KRONOS MMR™ Energy System and that a major data center operator had conducted due diligence on the project while it was being developed by USNC.
Partnerships
- Our consulting support contributed to the planning and execution of the Digihost project and included regulatory advice, site assessment, roadmap development, and stakeholder engagement. the USNC Agreement with Ultra Safe Nuclear Corporation and certain of its subsidiaries to acquire the USNC Assets related to the KRONOS MMR™ Energy System and the LOKI MMR™. of the USNC Assets.
- Our team is also involved in developing new innovative technologies that will represent future business endeavors, such as fuel processing and fuel transportation. a Strategic Partnership Project (SPP) agreement with INL for an Expert Review Panel of our ZEUS™ microreactor design.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 12:51 UTC. This page is informational and not investment advice.
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