X-Energy, Inc. (NASDAQ:XE – Get Free Report) has earned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $37.8571.
XE has been the subject of a number of recent analyst reports. Wall Street Zen lowered X-Energy from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. Cantor Fitzgerald assumed coverage on X-Energy in a research note on Wednesday, May 20th. They set an “overweight” rating and a $38.00 target price on the stock. Guggenheim initiated coverage on X-Energy in a research note on Tuesday, May 19th. They issued a “buy” rating and a $57.00 price target for the company. Wolfe Research assumed coverage on shares of X-Energy in a report on Tuesday, May 19th. They set a “peer perform” rating for the company. Finally, Zacks Research upgraded shares of X-Energy to a “hold” rating in a research report on Wednesday, May 20th.
Check Out Our Latest Research Report on XE
X-Energy Stock Down 0.6%
Insider Buying and Selling at X-Energy
In related news, CAO Laura Garcia acquired 1,200 shares of the company’s stock in a transaction on Monday, April 27th. The stock was acquired at an average price of $23.00 per share, with a total value of $27,600.00. Following the acquisition, the chief accounting officer directly owned 196,822 shares of the company’s stock, valued at approximately $4,526,906. This trade represents a 0.61% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Kathleen W. Hyle acquired 10,000 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were purchased at an average price of $23.00 per share, with a total value of $230,000.00. Following the transaction, the director owned 127,640 shares of the company’s stock, valued at approximately $2,935,720. This represents a 8.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased 12,300 shares of company stock valued at $282,900 over the last ninety days.
X-Energy Company Profile
X-Energy (NASDAQ: XE) is a U.S.-based advanced nuclear technology company focused on the development and commercialization of small modular reactors (SMRs) and advanced nuclear fuel. Its flagship reactor design, the Xe-100, is a high-temperature gas-cooled reactor intended to provide low-carbon electricity and process heat for industrial applications. X-Energy’s technology centers on TRISO fuel, a robust, particle-based fuel form that the company promotes for enhanced safety and high-temperature operation.
The company’s activities include reactor design and engineering, fuel development and manufacturing, regulatory engagement, and project delivery support for utility and industrial customers.
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