Nuclear Stocks’ $566 Billion Rally Is Far From Over, Funds Say
Constellation Energy Corp.’s Clinton Clean Energy Center single nuclear reactor power plant in Clinton, Illinois.
Photographer: Scott Olson/Getty ImagesGlobal fund managers see this year’s surge in nuclear stocks continuing, on an improving regulatory outlook and demand drivers that extend beyond the voracious needs of artificial intelligence.
A Bloomberg gauge of nuclear stocks has jumped 38% in 2025, touching an all-time high and adding $566 billion in total market value. Shares of California-based small reactor builder Oklo Inc. have surged around 400%, while those of Korean equipment maker Doosan Enerbility Co. are up more than 330%.