Is X-Energy (XE) the Best New Stock to Buy Other Than SpaceX?

On June 23, 2026, TD Cowen named X-Energy, Inc. (NASDAQ:XE) a champion smid-cap thought for 2026 and kept a Buy standing with a $35 terms target. TD Cowen said the stock's pullback aft the Q1 study looked overdone. The steadfast besides said the Amazon powerfulness statement submittal displacement should not impact the task timeline and sees respective catalysts that could assistance de-risk the X-energy communicative aboriginal this year.

On June 4, X-energy reported Q1 gross of $43.4M, versus the $67.87M consensus. CEO J. Clay Sell said the company's archetypal net announcement arsenic a nationalist institution marked an "important moment," pointing to advancement successful commercializing precocious atomic exertion astatine scale. Sell said X-energy remained focused connected advancing the Xe-100 and TRISO-X substance portion strengthening its regulatory and commercialized foundation. CFO Daniel Gross said the caller IPO improved X-energy's liquidity profile, providing astir $1.1B successful nett proceeds of further capital.

Earlier successful June, X-Energy submitted an exertion to participate the United Kingdom's Generic Design Assessment process for its Xe-100 High Temperature Gas-cooled Reactor. Subject to acceptance, the submission marks a important milestone successful X-energy and Centrica's efforts to deploy up to 6 GW of caller atomic successful the United Kingdom.

X-Energy, Inc. (NASDAQ:XE) designs and develops atomic reactor technology.

While we admit the imaginable of XE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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