X-Energy (XE) shares fell 19% this week due to project delays and a major analyst downgrade. The company’s advanced nuclear reactor designs have not yet received official U.S. government approval. These regulatory hurdles pushed the start of its first project with Amazon to 2027.
Jefferies downgraded the stock and lowered its price target from $30 to $22. Investors remain concerned about future profitability given the company’s current low revenue generation. X-Energy maintains a market capitalization of approximately $7.7 billion despite these setbacks.