Nano Nuclear Energy (NASDAQ:NNE) Releases Earnings Results, Beats Expectations By $0.14 EPS

Nano Nuclear Energy (NASDAQ:NNE) released its quarterly earnings data on Thursday. The company reported ($0.19) earnings per share for the quarter, beating the consensus estimate of ($0.33) by $0.14, Zacks reports.

Here are the key takeaways from Nano Nuclear Energy’s conference call:

• Kronos MMR remains on track for a Q1 2026 construction permit filing with the NRC after completing site characterization and drilling, and management expects NRC review to be substantially below the 15‑month precedent, targeting roughly a 12‑month turnaround or better.
• The company reports a strong liquidity position — cash and equivalents of $203.3M at FY2025 close that rose to approximately $580M after an October 2025 private placement, and over $600M raised since the May 2024 IPO to fund licensing and commercialization.
• Fiscal 2025 results show widening losses and higher burn as development accelerates, with operating loss of $46.2M, net loss of $40.1M, and net cash used in operating activities of about $19.6M.
• Commercial and government momentum is accelerating — wins and engagements include an AFWERX Direct‑to‑Phase II contract, a feasibility study with BitRupon for up to 1 GW, U.S. military alignment via the Janus program, and progress reestablishing Canadian licensing through True North Nuclear.
• Management is prioritizing vertical integration to de‑risk fuel supply, highlighted by a strategic investment and collaboration with LIS Technologies (laser enrichment), participation in the DOE LEU acquisition program, and efforts to develop conversion capabilities that could support deployments and near‑term revenue.

Nano Nuclear Energy Trading Up 9.3%

Nano Nuclear Energy stock opened at $33.03 on Friday. The stock has a 50-day moving average price of $38.13 and a 200 day moving average price of $36.77. Nano Nuclear Energy has a 52 week low of $17.26 and a 52 week high of $60.87. The stock has a market cap of $1.66 billion, a PE ratio of -31.76 and a beta of 7.17.

Institutional Investors Weigh In On Nano Nuclear Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. US Bancorp DE lifted its stake in shares of Nano Nuclear Energy by 51.9% during the third quarter. US Bancorp DE now owns 1,171 shares of the company’s stock valued at $45,000 after buying an additional 400 shares during the period. Swiss National Bank grew its stake in Nano Nuclear Energy by 1.2% in the 3rd quarter. Swiss National Bank now owns 60,300 shares of the company’s stock worth $2,325,000 after acquiring an additional 700 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Nano Nuclear Energy by 7.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,142 shares of the company’s stock valued at $488,000 after acquiring an additional 1,015 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Nano Nuclear Energy during the 3rd quarter worth $48,000. Finally, National Bank of Canada FI lifted its stake in shares of Nano Nuclear Energy by 69.3% during the 3rd quarter. National Bank of Canada FI now owns 3,184 shares of the company’s stock worth $123,000 after purchasing an additional 1,303 shares during the period.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Nano Nuclear Energy in a report on Wednesday, October 8th. Benchmark reissued a “buy” rating on shares of Nano Nuclear Energy in a research note on Friday. Finally, BTIG Research began coverage on shares of Nano Nuclear Energy in a report on Thursday, August 28th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $47.00.

About Nano Nuclear Energy

NANO Nuclear Energy, Inc is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.