3 Nuclear Power Stocks With P E Under 35x

Oil prices are climbing again as worries over Middle East supply keep creeping back into headlines. Higher fossil fuel costs can focus attention on dependable low carbon power sources, and nuclear energy often sits high on that list. For investors, that creates a focused way to target long term electricity demand. This article highlights three nuclear energy stocks from our screener that capture different parts of this theme.

The three stocks covered next are only a small sample. The full nuclear screen surfaced 302 more companies with equally compelling narratives that sit outside this article.

To identify, analyze, and act on your own highest conviction nuclear energy ideas, head straight to the Nuclear Energy Stocks screener.

BWX Technologies (BWXT)

BWX Technologies is a pure-play nuclear equipment specialist for this screener, supplying naval and commercial reactors, nuclear fuel and critical components that keep large power and propulsion projects moving.

BWX Technologies manufactures nuclear reactors, fuel and components for government and commercial customers, with Government Operations generating about US$2.4b of revenue and Commercial Operations about US$1.1b, and the stock valued at roughly US$12.7b by market cap.

"Expansion into microreactors (Pele, potential DoD-wide procurement) and advanced nuclear fuels (TRISO contracts, defense enrichment, depleted uranium production) aligns with government decarbonization targets and national security priorities, creating new, higher-margin revenue streams and supporting future EBITDA margin expansion."

What happens if a single assumption about long term funding makes those future margin expectations either comfortably realistic or suddenly tight?

That funding swing is exactly what the full narrative for BWX Technologies unpacks, including how defense budgets, reactor backlogs and capital intensity could be decoupling for BWX Technologies.

NextEra Energy (NEE)

NextEra Energy blends a large regulated utility with a sizeable clean power platform, and its nuclear reactors provide round the clock low carbon electricity that anchors this screener theme, while renewables, gas and storage round out the broader business model.

Most of NextEra Energy’s revenue comes from Florida Power & Light at about US$18.7b, with NextEra Energy Resources adding roughly US$9.5b and corporate and other activities around US$448 million, while the stock’s market value sits near US$158.7b.

For investors tracking nuclear as a dependable backbone for rising electricity use, NextEra Energy offers a mix of regulated stability and theme linked growth potential that goes well beyond a single plant or project.

"Accelerating and sustained demand growth for electricity, driven by AI, data center expansion, and electrification of sectors like transportation and heating, could affect NextEra’s ability to grow volumes and average revenue per MWh as utilities compete to provide infrastructure for hyperscalers and traditional customers."

The real swing factor is how future policy and funding shifts could reshape the economics of those long life nuclear assets and their margins.

That policy risk is exactly why reading the full narrative for NextEra Energy can help you weigh how accelerating demand, capital needs, and regulation could reshape NextEra Energy’s long term upside.

GE Vernova (GEV)

GE Vernova is an energy infrastructure group that generates, moves, and manages electricity across Power, Wind, and Electrification, with its nuclear steam turbines and long term reactor services anchoring its link to this screener theme. Power produced about US$21.0b of revenue, Wind about US$8.5b, Electrification roughly US$12.2b, and the stock is valued near US$255.0b by market cap.

For nuclear focused investors, GE Vernova offers a different angle on the theme. The nuclear turbine and services franchise plugs directly into long life power plants, while the wider grid and wind operations connect into AI driven electricity demand.

"In Q1 2026 alone, GE Vernova reportedly secured $2.4 billion in data-center-related electrification orders, more than all of 2025 combined."

The key question is how one pressure point in this order pipeline ultimately shapes pricing power and long term service margins.

That pressure point is exactly where the full narrative for GE Vernova shows how data center demand, service contracts and capital intensity could be quietly resetting GE Vernova’s long term earnings profile.

Seeking Fresh Alternatives With Real Momentum

Fresh ideas often move first. Once a theme hits headlines, early entry points can be gone. Use curated screeners to spot potential breakouts before the crowd and consider acting while opportunities are still developing.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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