Updated
Updated · CNBC · Jun 19
Roth Starts NANO Nuclear at Buy With $45 Target as AI Datacenter Power Demand Surges
Updated
Updated · CNBC · Jun 19

Roth Starts NANO Nuclear at Buy With $45 Target as AI Datacenter Power Demand Surges

1 articles · Updated · CNBC · Jun 19

Summary

  • $45 is Roth Capital's price target for NANO Nuclear, implying about 60% upside after it initiated coverage with a buy rating.
  • Roth tied the call to rising AI datacenter electricity needs and said Nano is moving quickly to commercialize its 15 MWe KRONOS micro-modular reactor while expanding across the uranium lifecycle.
  • Potential advance orders from hyperscalers could be a key catalyst as Amazon and Nvidia have pledged at least $700 billion combined for AI data centers that require heavy power loads.
  • NANO shares have already climbed 17% in the past month and 33% in three months, while Wall Street is broadly positive with five of six analysts rating the stock buy or strong buy.

Insights

Can the US solve its nuclear fuel crisis before AI's energy demand overwhelms the grid?
Is nuclear power too slow and expensive to solve AI's immediate energy crisis?