RothCapital Highlights Nano Nuclear’s Growth Potential Amid AI Data Center Expansion and Rising Energy Demand

Roth Capital Partners predicts that Nano Nuclear Energy will benefit from the surge in AI‑driven data center construction and rising energy demand. The firm initiated coverage with a buy rating and set a $45 price target, suggesting roughly 60% upside from the previous close. Management is advancing the commercialization of its 15 MWe KRONOS micro‑modular reactor, diversifying its activities across the uranium supply chain. Analyst Craig Irwin noted in a 25‑page report that small modular reactor demand is expected to expand rapidly, with potential advance orders from major cloud providers serving as a key catalyst. Nano Nuclear’s shares have risen about 17% over the past month, and are up 33% in the last three months, driven by expectations of increased electricity needs for AI infrastructure. Global electricity demand grew by 849 TWh in 2025, according to the International Energy Agency, and hyperscalers such as Amazon and Nvidia have committed at least $700 billion to build new AI data centers, which require substantial power. Nano’s KRONOS design, a high‑temperature gas‑cooled reactor using meltdown‑resistant enriched uranium, provides a differentiated power solution that could give the company a long‑term competitive advantage. The bullish stance aligns with Wall Street consensus, where five of six analysts covering Nano rate the stock a buy or strong buy, according to LSEG data.

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