X-Energy (NASDAQ:XE) Research Coverage Started at Needham & Company LLC

Posted by Stanley Muller on Oct 29th, 2026

Needham & Company LLC assumed coverage on shares of X-Energy (NASDAQ:XE – Free Report) in a research report sent to investors on Monday, MarketBeat reports. The brokerage issued a hold rating on the stock.

XE has been the topic of several other reports. Piper Sandler decreased their target price on shares of X-Energy from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Monday, October 19th. Guggenheim reissued a “buy” rating and issued a $57.00 price target on shares of X-Energy in a research report on Tuesday, September 8th. Texas Capital upgraded shares of X-Energy to a “strong-buy” rating in a research note on Monday, September 14th. Cantor Fitzgerald restated an “overweight” rating and set a $38.00 price target on shares of X-Energy in a research note on Friday, August 14th. Finally, Weiss Ratings started coverage on X-Energy in a report on Monday, July 20th. They set a “sell (d)” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, X-Energy currently has an average rating of “Hold” and a consensus price target of $31.25.

Read Our Latest Analysis on X-Energy

X-Energy Price Performance

XE opened at $11.54 on Monday. The firm has a market capitalization of $4.69 billion and a P/E ratio of -76.93. The business’s fifty day simple moving average is $15.05. X-Energy has a fifty-two week low of $10.04 and a fifty-two week high of $37.10.

X-Energy (NASDAQ:XE – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.06). The firm had revenue of $54.60 million for the quarter. The firm’s revenue for the quarter was up 154.0% on a year-over-year basis. On average, analysts forecast that X-Energy will post -0.76 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of XE. Segra Capital Management LLC lifted its holdings in shares of X-Energy by 8.3% during the third quarter. Segra Capital Management LLC now owns 15,678,017 shares of the company’s stock valued at $222,314,000 after acquiring an additional 1,202,283 shares during the period. Wellington Management Group LLP acquired a new stake in shares of X-Energy in the 2nd quarter valued at $15,011,000. State Street Corp bought a new stake in shares of X-Energy in the 2nd quarter worth about $8,522,000. BlueCrest Capital Management Ltd bought a new stake in shares of X-Energy in the 2nd quarter worth about $7,436,000. Finally, Two Seas Capital LP grew its holdings in shares of X-Energy by 39.4% in the 3rd quarter. Two Seas Capital LP now owns 1,394,413 shares of the company’s stock worth $19,773,000 after purchasing an additional 394,413 shares during the last quarter.

About X-Energy

(Get Free Report)

X-energy is an advanced nuclear energy company that develops small modular reactors and nuclear fuel designed to provide reliable, carbon-free electricity and industrial heat. Its flagship Xe-100 reactor is a high-temperature gas-cooled reactor that uses helium as a coolant and is designed for modular deployment.

The company also develops TRISO-X fuel, a coated-particle fuel technology intended to withstand extreme temperatures and support the operation of advanced reactors. X-energy’s products are aimed at utilities, industrial customers, and other organizations seeking dependable power and process heat with lower carbon emissions.

Founded in 2009, X-energy is headquartered in Rockville, Maryland.