Needham reiterates Standard Nuclear stock rating on pipeline growth
Needham reiterated a Buy rating and $18.00 price target for Standard Nuclear (STDN), implying 63% upside. The company's pipeline grew 21% to $844.7M, while revenue hit $6.0M, topping expectations. Gross margin fell to 30% due to higher costs. The DOE delayed facility authorization to February 2027, but management expects no impact on 2027 volumes. STDN reported a net loss of $13.1M despite revenue growth.



