Standard Nuclear (NYSE:STDN) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Standard Nuclear (NYSE:STDN) announced its quarterly earnings data on Thursday. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.03, FiscalAI reports. The firm had revenue of $2.25 million during the quarter.

Here are the key takeaways from Standard Nuclear’s conference call:

• Backlog expanded sharply: Total contract backlog reached $577.2 million, up from $241.5 million in June, while funded backlog nearly doubled to $119.6 million. However, $443.5 million of the total is customer purchase options that are discretionary and not recognized until exercised.
• Standard Nuclear completed delivery of Radiant’s first full reactor core of commercially produced TRISO fuel and signed fuel supply agreements with Radiant and Antares, moving two of eight fuel-development customers to supply contracts.
• The company now targets DOE authorization to operate its Tennessee and Idaho facilities in February 2027, later than its prior end-of-2026 target. Final safety-analysis reviews and operational readiness reviews remain outstanding.
• Third-quarter gross margin fell to about 30% from 67% in the prior quarter, or approximately 40% excluding share-based compensation; management attributed higher costs to running production at commercial rates and said yields and fixed-cost absorption still need to improve. GAAP operating loss was $15.1 million, including substantial IPO-related stock compensation.
• The company ended September with $223.1 million in cash and no debt, providing funding for its capacity build-out; it reported $6.0 million in quarterly revenue, up from $4.7 million in the prior quarter.

Standard Nuclear Price Performance

Shares of STDN traded down $1.62 during trading hours on Thursday, reaching $10.86. The stock had a trading volume of 794,739 shares, compared to its average volume of 670,592. Standard Nuclear has a 12 month low of $7.05 and a 12 month high of $17.34. The company has a market cap of $1.70 billion and a PE ratio of -27.15. The stock has a 50-day moving average price of $12.62.

Key Stories Impacting Standard Nuclear

These are some of the STDN stories that stood out recently:

• Positive Sentiment: Standard Nuclear said its contract backlog doubled to $577.2 million, providing a larger base of potential future business. Standard Nuclear backlog doubles to $577.2 million
• Positive Sentiment: Third-quarter revenue was reported at $6.0 million, up sharply year over year and above the cited FactSet estimate of $5.5 million. The company’s loss per share of $0.10 also beat the $0.13 loss analysts expected. Earnings Flash
• Neutral Sentiment: The company is targeting DOE authorization in February 2027. That milestone could support future progress, but it remains a regulatory step ahead rather than a current authorization. Standard Nuclear targets February 2027 DOE authorization

Wall Street Analyst Weigh In

Several research firms have weighed in on STDN. Stifel Nicolaus set a $17.00 target price on Standard Nuclear in a research note on Friday, August 28th. Bank of America initiated coverage on Standard Nuclear in a report on Monday, August 10th. They issued a “buy” rating and a $15.00 target price on the stock. Barclays started coverage on Standard Nuclear in a research note on Monday, August 10th. They issued an “overweight” rating and a $17.00 price target on the stock. UBS Group boosted their price target on Standard Nuclear from $14.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, September 1st. Finally, Evercore assumed coverage on Standard Nuclear in a report on Monday, August 10th. They set an “outperform” rating and a $17.00 price target for the company. Nine analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $16.88.

About Standard Nuclear

Standard Nuclear is a U.S. advanced nuclear fuel company focused on producing tri-structural isotropic (TRISO) fuel. TRISO fuel uses uranium-bearing particles coated in layers of ceramic and carbon materials, and is designed for use in certain advanced reactor designs. The company acquired fuel-related assets from Ultra Safe Nuclear Corporation, including a manufacturing facility in Oak Ridge, Tennessee. Standard Nuclear is working to develop and scale domestic production of TRISO fuel for advanced reactor developers.