NANO Nuclear Energy Inc. (NNE): A Bull Case Theory

We came across a bullish thesis on NANO Nuclear Energy Inc. on Crack The Market’s Substack by Ozeco. In this article, we will summarize the bulls’ thesis on NNE. NANO Nuclear Energy Inc.'s share was trading at $29.40 as of January 30th.

NextEra Energy (NEE) is the largest energy infrastructure owner in North America and has quietly evolved into a critical enabler of U.S. electrification, AI-driven power demand, and long-term energy sovereignty. The company operates through two core businesses: Florida Power & Light (FPL), the largest regulated electric utility in the U.S., and NextEra Energy Resources (NEER), the leading developer and operator of long-term contracted energy infrastructure across North America. Over the last four years alone, NEE has built 33 GW of new power infrastructure—more than the next 20 largest utilities combined—underscoring its unmatched scale and execution capability.

At the group level, roughly 70% of EBITDA is generated from regulated activities, and nearly 90% comes from either regulated or long-term contracted assets, providing exceptional earnings visibility. FPL serves approximately 6 million customer accounts and benefits from a favorable regulatory environment, disciplined cost control, and a diversified generation mix dominated by natural gas, with growing exposure to solar and nuclear. This regulatory stability enables consistent investment in its asset base while delivering attractive returns and customer outcomes.

NEER represents NEE’s primary growth engine. It is the largest operator of wind, solar, storage, and gas generation in the U.S., with renewables and storage capacity expected to triple from 27 GW to as much as 99 GW in the coming years. NEER’s scale, development expertise, and supply-chain advantages allow it to deliver power at significantly lower costs than peers, driving mid-teens to low-20s levered project IRRs.

While recent legislative changes introduce uncertainty beyond 2029 for renewable tax credits, NEER has secured construction commitments through that period and retains flexibility to pivot toward gas, nuclear, and storage. Together, NEE’s regulated stability and infrastructure growth position it as a long-term compounder at the center of electrification and AI-driven energy demand.

Previously, we covered a bullish thesis on NANO Nuclear Energy Inc. (NNE) by Charly AI in May 2025, which highlighted the company’s vertically integrated micronuclear platform, proprietary microreactor designs, and exposure to AI-driven power demand. NNE’s stock price has appreciated by approximately 12.77% since our coverage due to the thesis playing out. Ozeco shares a similar view but emphasizes broader electrification-driven nuclear demand.

NANO Nuclear Energy Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 11 hedge fund portfolios held NNE at the end of the third quarter which was 6 in the previous quarter. While we acknowledge the potential of NNE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy NOW 

Disclosure: None.