Piper Sandler Initiates Coverage of X-Energy at Underweight
Fintel reports that on September 9, 2026, Piper Sandler initiated coverage of X-Energy (NASDAQGS:XE) with a Underweight recommendation.
Prior to this rating action, the stock closed at $19.15 on September 8, 2026. This latest close of $19.15 represents a price change of +4.02% over the prior week, relative to a baseline close of $18.41 on September 1, 2026. Looking back over a one-month period, the stock has experienced a price change of -15.45% from a baseline close of $22.65 on August 7, 2026.
This initiation by Piper Sandler is accompanied by other recent analyst actions. On September 8, 2026, Guggenheim reiterated its Buy rating for X-Energy. Additionally, on August 14, 2026, Cantor Fitzgerald reiterated its Overweight rating. As of August 28, 2026, the current consensus target mean for X-Energy stood at $38.76, with a median target of $37.23, representing an implied change of +102.40%. This is compared to the prior consensus target mean of $37.94 recorded on August 4, 2026, reflecting a consensus target revision of +2.15%.
In terms of broader analyst sentiment, the current recommendation period as of September 1, 2026, shows a total of 16 recommendations, consisting of 4 strong buy, 9 buy, 3 hold, 0 sell, and 0 strong sell ratings. This represents a positive recommendation percentage of 81.3%, a hold percentage of 18.8%, and a negative percentage of 0.0%. In the prior period as of August 1, 2026, there were 15 total recommendations, including 4 strong buy, 8 buy, 3 hold, 0 sell, and 0 strong sell ratings. X-Energy last reported earnings on August 13, 2026, posting an actual EPS of -0.15 compared to an estimated EPS of -0.0948. The company reported actual revenue of $50,119,000,000,000.00, compared to the estimated revenue of $49,920,670,000,000.00.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 9, 2026 | Piper Sandler | Underweight | initiated coverage | |
| September 8, 2026 | Guggenheim | Buy | Buy | reiterated |
| August 14, 2026 | Cantor Fitzgerald | Overweight | Overweight | reiterated |
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This story originally appeared on Fintel.