US / UK / Canada · Power & Cooling
Small Modular Reactors
Small reactors promise factory-built firm power, but first-of-a-kind licensing, HALEU fuel and forging capacity push meaningful volume into the 2030s.
HALEU fuel→Forgings→Licence→Module
42
Tightness score ⓘ
#54 of 56
■ Stable
Lead time
60–120 mo
Theme 1M
−10.1%% in uptrend
0%Metric to watch
NRC licensing milestones, first-concrete dates, and HALEU supply agreements.
What would prove us wrong
Strengthens if a first unit reaches commercial operation on schedule and on budget.
SMR theme performance
Equal-weight · rebased 100 · 1YStocks we track
Who controls this bottleneck
Roles, not recommendations. Delayed prices; local currency.
| Stock | Role | Listing | Last | 1D | 1M | 3M | YTD | Off 52w high | Trend | Next earnings |
|---|---|---|---|---|---|---|---|---|---|---|
| OKLO Oklo |
Advanced fission developer | NYSE US |
$24.45 | −5.45% | −15.8% | −44.9% | −65.9% | −78.1% | 2026-11-06 | |
| SMR NuScale Power |
Licensed SMR design | NYSE US |
$4.82 | −7.84% | −17.3% | −48.7% | −66.0% | −81.4% | 2026-11-05 | |
| BWXT BWX Technologies |
Naval reactors, fuel and components | NYSE US |
$124.0 | −1.34% | −7.8% | −28.3% | −27.9% | −47.8% | 2026-11-02 | |
| RR.L Rolls-Royce |
SMR programme plus power systems | LSE UK |
1,369.6p | +2.01% | +0.6% | −11.1% | +19.1% | −12.8% | — |
Recent headlines
Auto-updated- NuScale Is Still Down 61% in 2026: Did Today Mark the Bottom for SMR Stock?Yahoo Finance · 3d ago
- NuScale Power (SMR) Recovery Now Rests On Unfinished Power Purchase TalksYahoo Finance · 3d ago