UBS Adjusts X-Energy Price Target to $18 From $34, Maintains Buy Rating
UBS has revised its price target for X-Energy, Inc. (XE) to $18 from $34 while maintaining a Buy rating on the stock.
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Morgan Stanley analyst David Arcaro maintains X-Energy (NASDAQ:XE) with a Overweight and lowers the price target from $41 to $34.
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UBS has revised its price target for X-Energy, Inc. (XE) to $18 from $34 while maintaining a Buy rating on the stock.
Oklo and X-Energy are next-generation nuclear reactor companies capitalizing on growing energy demand. Oklo trades at a premium valuation (100x 2028 sales) due to earlier commercial deployment plans starting in 2027, while X-Energy appears undervalued (2.5x 2028 sales) despite a slower timeline to first deployments in the early 2030s. The analyst recommends X-Energy as the better value despite Oklo's near-term advantages.
X-Energy shares rose after signing an agreement with AEP to assess a proposed 960-megawatt small modular reactor project in Indiana.
Piper Sandler analyst Dimple Gosai maintains X-Energy (NASDAQ:XE) with a Underweight and lowers the price target from $9 to $8.