Nano Nuclear Energy Stock Plunges on Analyst Downgrade
Nano Nuclear Energy shares tumbled 7.7% in early trading after Ladenburg analyst Michael Legg slashed his price target by 82%, from $51 to $9. The sell-rating pivot follows Q3 2025 results and concerns about management's diversified strategy diluting focus on Core reactor development.
Legg's revised valuation implies a staggering 74.9% downside from last Friday's $35.89 close. The bearish call overshadowed recent progress, including a uranium supply partnership with UrAmerica aimed at vertical integration.
While the nuclear sector remains volatile, the severity of this downgrade suggests institutional skepticism about execution risks. Market reaction reflects growing pains for emerging energy technologies competing for capital in a high-rate environment.
