Uranium & Nuclear Stocks
9 stocks · Updated Mar 25, 2026
Uranium stocks encompass miners, enrichers, and nuclear fuel fabricators supplying the fuel cycle for commercial nuclear power plants. Nuclear energy is experiencing a policy renaissance as governments seek low-carbon baseload power to support decarbonization goals. Small modular reactor (SMR) technology from companies like NuScale and Oklo offers the prospect of factory-built nuclear plants with lower capital costs, potentially transforming the economics of nuclear power for the first time in decades.
Get Your Daily Market Recap
TickFlow Daily delivers the top gainers, losers, and signals to your inbox every day at market close. Free.
Frequently Asked Questions
Why are uranium stocks rising in interest?
Nuclear power is gaining policy support as a zero-carbon dispatchable power source. The Inflation Reduction Act, European taxonomy inclusion, and corporate data center power demand (including from AI) have all boosted interest in nuclear energy.
What is the difference between uranium miners and nuclear operators?
Uranium miners extract U3O8 from the ground. Enrichers convert natural uranium to fuel-grade concentrations. Utilities purchase enriched uranium fuel for reactor operation. Investors can access each part of the nuclear value chain through different stocks.
What is a small modular reactor (SMR)?
SMRs are nuclear reactors under 300 MW designed for factory fabrication and modular deployment. Companies like NuScale, Oklo, and TerraPower are developing SMR designs that could reduce the cost and construction time of nuclear capacity.
How does the Kazakh uranium supply situation affect prices?
Kazakhstan is the world's largest uranium producer through state-owned Kazatomprom. Production disruptions, export policies, and contract terms from Kazakhstan significantly influence global uranium spot prices.