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

Nano Nuclear Energy (NASDAQ:NNE) issued its earnings results on Thursday. The company reported ($0.19) EPS for the quarter, topping analysts’ consensus estimates 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 0.8%

Shares of NNE opened at $30.23 on Friday. Nano Nuclear Energy has a 12 month low of $17.26 and a 12 month high of $60.87. The stock’s 50 day moving average is $38.38 and its two-hundred day moving average is $36.75. The firm has a market cap of $1.52 billion, a P/E ratio of -32.51 and a beta of 7.17.

Wall Street Analysts Forecast Growth

NNE has been the subject of a number of analyst reports. BTIG Research initiated coverage on Nano Nuclear Energy in a research report on Thursday, August 28th. They issued a “neutral” rating on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Nano Nuclear Energy in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $47.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Navis Wealth Advisors LLC acquired a new stake in shares of Nano Nuclear Energy in the third quarter valued at about $424,000. Flow Traders U.S. LLC lifted its stake in Nano Nuclear Energy by 90.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 12,171 shares of the company’s stock valued at $469,000 after buying an additional 5,773 shares in the last quarter. Sei Investments Co. acquired a new stake in Nano Nuclear Energy in the 3rd quarter worth about $231,000. FORA Capital LLC acquired a new stake in Nano Nuclear Energy in the 2nd quarter worth about $311,000. Finally, Creative Planning purchased a new stake in Nano Nuclear Energy during the 2nd quarter worth approximately $316,000.

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.