Wall Street analysts highlight small modular reactors and fusion as key growth areas amid rising investment in nuclear power.
Goldman Sachs analysts forecast a multi-trillion-dollar opportunity in nuclear energy, driven by technological advancements and geopolitical competition. The bank cites small modular reactors (SMRs) and fusion energy as pivotal areas attracting public and private sector support after decades of underinvestment.
Few publicly traded companies focus exclusively on SMRs, with Oklo Inc. (NYSE: OKLO) and NuScale Power (NYSE: SMR) emerging as leading pure-play stocks. Both firms pursue distinct approaches to SMR development, though analysts emphasize their growth potential amid rising demand for clean, reliable power.
Interest from hyperscalers and broader market trends underscore nuclear energy’s renaissance, positioning the sector for long-term expansion. The shift follows years of skepticism about commercial viability, now countered by significant capital inflows.