---
title: "NXE NexGen Energy"
canonical: "https://supercyclehq.com/stock/nexgen-energy"
type: "stock"
dataAsOf: "2026-11-06"
ticker: "NXE"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# NexGen Energy (NXE)

NexGen Energy is a uranium development company.

## AI Exposure Score

**38/100, Growing.** NexGen is developing Rook I in Saskatchewan, the largest development-stage uranium deposit in the Western world. Its value rests on future uranium prices, which AI-driven nuclear demand underpins, but it is a pre-production single-asset bet, not a direct AI supplier.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $8.25 |
| Change 1d | +4.04% |
| Change 7d | -0.24% |
| Change 30d | -4.84% |
| Change 1y | -2.37% |
| 52-week high | $13.92 |
| 52-week low | $7.56 |
| Market cap | $5.5B |
| P/E | n/a |
| EPS | $-0.30 |
| Next earnings | 2026-11-09 |

Quote as of 2026-11-06.

## Company

| Field | Value |
| --- | --- |
| Exchange | NYSE |
| Sector | Energy |
| Headquarters | Vancouver, Canada |
| CEO | Leigh Robert Curyer ACA, BA (Acc) |
| Employees | 142 |
| Website | https://www.nexgenenergy.ca |
| Buildout layers | [Raw Materials & Mining](https://supercyclehq.com/category/raw-materials) |

## What the company does

NexGen Energy is a uranium development company. It is developing the Rook I project in Saskatchewan, Canada, the largest development-stage uranium deposit in the Western world, with the goal of becoming a major supplier of nuclear fuel.

NexGen does not yet operate a producing mine: its value rests on bringing Rook I into production and on the price of uranium when it does. The AI connection runs through electricity, as nuclear power gains favor as a way to supply the always-on demand of data centers.

Founded in 2011 and headquartered in Vancouver, Canada, NexGen trades on the NYSE and runs with a small team of about 140 people under CEO Leigh Curyer.

## Role in the AI buildout

NexGen sits in the Raw Materials & Mining layer, several steps upstream of the AI buildout. The chain runs: AI data centers need firm power, nuclear is a favored answer, and reactors need uranium, which underpins the long-term demand story for Rook I. But NexGen is a pre-production, single-asset developer, not a direct AI supplier, and its value swings on uranium prices and execution. Supercycle scores it 38 out of 100.

## Tracked investors holding it (13F)

| Investor | Fund | Position value | Portfolio % | Change | Period |
| --- | --- | --- | --- | --- | --- |
| [Ray Dalio](https://supercyclehq.com/investors/ray-dalio) | Bridgewater Associates | $403,000 | 0.00% | trimmed | 2026-06-30 |

## Recent news

- [Denison vs. NexGen: Which Uranium Developer Offers the Better Construction Bet?](https://finance.yahoo.com/markets/commodities/articles/denison-vs-nexgen-uranium-developer-024937097.html?.tsrc=rss) (source, 2026-10-07)
- [NexGen Energy Sees Uranium Supply Crunch Lasting for Decades](https://www.marketbeat.com/instant-alerts/event-nexgen-energy-sees-uranium-supply-crunch-lasting-for-decades-2026-09-29/?utm_source=yahoofinance&utm_medium=yahoofinance&.tsrc=rss) (source, 2026-09-29)
- [JPMorgan strongly recommends buying tumbling energy leader](https://www.thestreet.com/investing/stocks/jpmorgan-strongly-recommends-nexgen-energy-stock?.tsrc=rss) (source, 2026-09-22)
- [Uranium Stocks Are Rallying. Why NXE Got Initiated At Overweight.](https://finance.yahoo.com/m/7ffb0204-f3bf-343d-9073-4ebc5991f799/uranium-stocks-are-rallying..html?.tsrc=rss) (source, 2026-09-21)
- [NexGen Energy Targets 2030 First Ore as Rook I Eyes $1.3B Annual Cash Flow](https://www.marketbeat.com/instant-alerts/event-nexgen-energy-targets-2030-first-ore-as-rook-i-eyes-13b-annual-cash-flow-2026-09-01/?utm_source=yahoofinance&utm_medium=yahoofinance&.tsrc=rss) (source, 2026-09-02)

## FAQ

### What does NexGen Energy do?

NexGen is developing the Rook I uranium project in Saskatchewan, the largest development-stage uranium deposit in the Western world. It is a developer, not yet a producing miner.

### How is NexGen exposed to AI?

Indirectly, through power markets. AI-driven data center demand supports nuclear energy, which underpins long-term uranium prices, the driver of NexGen's value. Supercycle scores it 38 out of 100.

### What is the Rook I project?

Rook I is NexGen's uranium development project in Saskatchewan, Canada. It is the largest development-stage uranium deposit in the Western world and the company's core asset.

### Where is NexGen headquartered and who leads it?

NexGen is headquartered in Vancouver, Canada, was founded in 2011, and is led by CEO Leigh Curyer. It runs with a team of about 140 people and trades on the NYSE.

### Is NXE a pure play AI stock?

No. NexGen is a pre-production uranium developer whose AI link runs through nuclear power demand. Its score of 38 out of 100 reflects that indirect, single-asset exposure.

---

Source: https://supercyclehq.com/stock/nexgen-energy. Data as of 2026-11-06. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.
