Nano Nuclear Energy Inc. (NNE)

NYSE · Broad Market

Latest Move · 2026-02-24

+0.49%
UAE microreactor MoU lifts shares early but gains fade as insider selling overhang persists

Nano Nuclear Energy (NNE) rose 0.5% following several company announcements and analyst developments. The company signed a Memorandum of Understanding with EHC Investment for advanced micro modular reactor deployment in the United Arab Emirates. Additionally, NANO Nuclear appointed Sarah Lennon, a U.S. Department of Energy veteran with three decades of nuclear policy experience, as its International Nuclear Policy Advisor. HC Wainwright raised its Q2 2026 earnings per share estimate from negative $0.27 to negative $0.22 and trimmed multi-year loss forecasts, including FY2026 from negative $1.37 to negative $1.19. The company reported Q1 2026 earnings of negative $0.13 per share, beating the consensus estimate of negative $0.32. Analysts assigned an average rating of "Moderate Buy" to the stock.

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Previous Move

+3.03%
UAE partnership MoU lifts shares as international microreactor expansion continues
2026-02-24

Frequently Asked Questions

Why did Nano Nuclear Energy Inc. stock move today?

Nano Nuclear Energy (NNE) rose 0.5% following several company announcements and analyst developments. The company signed a Memorandum of Understanding with EHC Investment for advanced micro modular reactor deployment in the United Arab Emirates. Additionally, NANO Nuclear appointed Sarah Lennon, a U.S. Department of Energy veteran with three decades of nuclear policy experience, as its International Nuclear Policy Advisor. HC Wainwright raised its Q2 2026 earnings per share estimate from negative $0.27 to negative $0.22 and trimmed multi-year loss forecasts, including FY2026 from negative $1.37 to negative $1.19. The company reported Q1 2026 earnings of negative $0.13 per share, beating the consensus estimate of negative $0.32. Analysts assigned an average rating of "Moderate Buy" to the stock.

What does Nano Nuclear Energy Inc. do?

Nano Nuclear Energy is a pre-revenue company developing portable microreactors for clean energy, with its lead KRONOS design advancing toward NRC construction permit submission. The stock trades with extreme volatility typical of speculative, low-float names — swinging between -7% and +12% in single sessions this month, with a beta of 7.48. Significant insider selling totaling roughly $125 million over the past quarter remains a sentiment overhang, though a string of international partnership MoUs — now spanning South Korea, Canada, and the UAE — continues to validate the commercial thesis and drive periodic rallies.

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