BWX Technologies, Inc. (NYSE:BWXT) is one of the best nuclear energy stocks to buy as SMRs go mainstream, with a median upside potential of 11.2%.
Photo by Lukáš Lehotský on Unsplash BWX Technologies, Inc. (NYSE:BWXT) could be presenting a case for strong upside, according to Ananym Capital Management, an activist investor
The firm discussed the company’s inactive mPower small modular reactor design, which, if commercialized, could double the stock price over the coming years. The growing electricity demand from AI and data centers could create strong demand for such reactors. Ananym’s co-founder, Alex Silver, was speaking at the Sohn Investment Conference in New York, where he discussed BWX Technologies, Inc. (NYSE:BWXT), Reuters reported on May 12, 2026.
He added that the company can thrive even without building its own reactors because it supplies critical components and technology to other nuclear reactor developers. Silver’s bullishness on the stock remains high, as he projected roughly 45% stock appreciation even under that scenario. However, he emphasized a much brighter outlook if BWX Technologies, Inc. (NYSE:BWXT) could leverage its pressurized-water reactor technology to tap into the SMR market.