X-Energy shares are rallying as the company gains recognition for powering AI data centers. Analysts recently projected a 40% price upside for the stock. The company also earned a position on a Nuclear Renaissance shortlist.
This upward momentum follows a 30-day downturn in the stock's price. The U.S. Department of Energy provides ongoing support for the company's long-term growth.
X-Energy is currently commercializing small modular reactor technology and advanced fuel. The company remains in a pre-profit, capital-intensive development phase.