X-Energy, Inc. (NASDAQ:XE) Given Consensus Rating of “Moderate Buy” by Analysts

X-Energy, Inc. (NASDAQ:XE) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $41.50.

A number of research analysts recently issued reports on the stock. TD Cowen assumed coverage on shares of X-Energy in a research report on Tuesday. They set a “buy” rating for the company. Morgan Stanley began coverage on shares of X-Energy in a research report on Tuesday. They issued an “overweight” rating and a $41.00 price objective for the company. UBS Group began coverage on shares of X-Energy in a research report on Tuesday. They issued a “buy” rating and a $40.00 price objective for the company. Wolfe Research began coverage on shares of X-Energy in a research report on Tuesday. They issued a “peer perform” rating for the company. Finally, Wall Street Zen upgraded shares of X-Energy to a “hold” rating in a research report on Saturday, May 2nd.

Insider Transactions at X-Energy

In related news, CAO Laura Garcia bought 1,200 shares of the business’s stock in a transaction dated 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 completion of the purchase, 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 document filed with the SEC, which is available through the SEC website. Also, Director Kathleen W. Hyle bought 10,000 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were bought at an average cost of $23.00 per share, with a total value of $230,000.00. Following the purchase, the director directly 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 disclosure for this purchase is available in the SEC filing. Insiders have bought 12,300 shares of company stock valued at $282,900 in the last three months.

X-Energy Price Performance

NASDAQ XE opened at $25.60 on Tuesday. X-Energy has a 1 year low of $25.06 and a 1 year high of $37.10.

About X-Energy

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.