X-Energy, Inc. Class A Common Stock (XE)

This page provides a comprehensive overview of X-Energy, Inc. Class A (XE) stock, including its current price, analyst forecasts, AI stock analysis, and financial data. It highlights both bullish and bearish perspectives on the company, noting its strong liquidity and progress in fuel licensing against severe unprofitability and long commercialization timelines. The page also features recent news and an FAQ section regarding the company's financial performance and analyst ratings.

X-Energy, Inc. (NASDAQ:XE) has received a "Moderate Buy" consensus rating from ten research firms, with an average 12-month price target of $37.86, significantly higher than its current share price of $18.26. Institutional investors increased their positions in the second quarter, although the company reported a quarterly earnings miss despite a 154% year-over-year revenue increase. The company specializes in advanced nuclear technology, developing small modular reactors and TRISO fuel.

X-Energy reported strong Q2 2026 financial results, with total revenues and grant income increasing 154% to $54.6 million, largely due to engineering work for the Advanced Reactor Demonstration Program (ARDP). The company secured an additional $1 billion in DOE funding for ARDP, bringing the total cost share to $2.115 billion, and finalized long-term HALEU enrichment agreements to ensure fuel supply for its Xe-100 projects. Construction of the TX1 fuel fabrication facility is 80% complete, and X-Energy is leveraging AI in nuclear development and collaborating on Project Prometheus, maintaining a strong liquidity position of $1.9 billion post-IPO.

X-energy has announced the pricing of its upsized initial public offering, consisting of 44.3 million shares of Class A common stock at $23.00 per share. This move marks a significant step for the company as it enters the public market.

Kamal Seyed Ghaffarian and X-Energy Holdings, LLC have reported beneficial ownership of X-Energy, Inc. Class A Common Stock. Ghaffarian holds 25.0% (92,871,109 shares) with sole voting/dispositive power over 13,837,514 shares and shared power over 79,033,595 shares, while X-Energy Holdings, LLC reports 21.8% (79,033,595 shares) with shared power. These ownership figures are based on 287,458,734 shares outstanding as of August 10, 2026, and include the assumed redemption of common units.