NuScale Power TodaySMRNuScale Power$39.65 -1.99 (-4.78%) 52-Week Range$10.71▼$53.50Price Target$36.09Add to WatchlistShares of NuScale Power NYSE: SMR have delivered a remarkable performance in 2025, climbing in value as the market awakens to a new and powerful reality. The artificial intelligence (AI) revolution is not only changing how we work and live, but it is also fundamentally reshaping global energy demands. This shift has ignited a renewed interest in nuclear power, and NuScale, with its innovativ ...

America’s artificial intelligence boom is creating an unprecedented energy shortage that could reshape how the nation powers itself. Big Tech’s solution involves a high-stakes choice between two vastly different energy sources.The most expensive mistake in American business history is happening right now, in broad daylight, and almost nobody sees it coming.Entrepreneurs dream over the latest AI models. Venture capitalists chase unicorn valuations. But a far more fundamental crisis is quietly dismantling Ame ...

Joining me now, Rebecca Walzer, CEO of Waler Wealth Management. Rebecca, great to have you back at the desk. >> Thanks for having me. Love to be here. >> All right, so stocks taking maybe a little bit of a breather today. They've been both higher and lower in the early going, but I think the big question at this point is how much higher can this market run? Is this rally sustainable? What do you think? So, um, Alan Greenspan gave his irrational, exuberant speech in 1996, and we didn't get the.com crash unti ...

**行业与公司** - 纪要涉及公司为Mirion Technologies（NYSE: MIR）及其收购目标Paragon Energy Solutions 两家公司均专注于核能行业 其中Mirion提供核辐射检测与安全解决方案 Paragon专注于核反应堆关键系统技术与部件供应[1][2][3] - 行业背景为核能复苏 包括大型核电站升级、小型模块化反应堆（SMR）发展及政府政策支持（如特朗普政府推动）[3][6][7] **核心交易细节** - 收购价格5.85亿美元 对应2026年预期EBITDA倍数约为18倍（协同效应后降至14倍）[10] - 预计协同效应带来年均1000万美元成本与商业收益 首年完全摊薄每股收益增加0.02-0.03美元[10][11] - 融资通过高盛承诺 计划混合股权、债务或股权挂钩工具 目标将净负债/调整后EBITDA维持在3.5倍以下（长期目标低于2.5倍）[10] - 交易预计2025年底完成[10] **战略协同与业务互补** - Paragon覆盖北美100%核反应堆 全球服务140+反应堆 提供超过20000种专用部件[4][8][31] - 关键技术包括反应堆保护系统（RPS）品牌HIPS 唯一针对SMR设计且获美国核管会近十年批准的新系统[5][6] - 收购使Mirion核能业务收入占比从37%提升至45% 并预计使SMR相关收入翻倍[9][6] - 协同效应包括交叉销售（如Mirion产品通过Paragon客户关系渗透）、成本效率（采购优化、Mirion业务系统整合）及人才整合（150名工程师）[11][12][4] **增长驱动与市场前景** - Paragon过去三年收入复合年增长率（CAGR）13% 主要为有机增长[25][41] - 94%收入来自现有核电站基座 增长动力包括容量升级、寿命延长、数字化改造及SMR发展[8][42][43] - 美国SMR容量预计2040年达6-10吉瓦 对应约20个SMR反应堆2030年前投建[7] - 国际原子能机构（IAEA）预测2050年全球核能装机达1太瓦 其中5%-20%由SMR贡献[34] **风险与挑战** - Mirion下调2025年有机收入指引 主因中国实验室仪器订单放缓（贸易动态影响）及某金矿客户订单延迟[20][21] - 核安全板块实验室业务受美国政府预算削减影响（尤其是DOGE相关项目）[48] - Paragon利润率暂低于Mirion核板块平均水平 但通过整合与协同效应有望改善[26][27] **其他关键信息** - Mirion近期收购Ceratec（核能软件）与Paragon形成互补 强化从核电站建设到退役的全周期服务能力[16][17] - 公司强调人才资本价值 Paragon团队在SMR领域布局前瞻 减少Mirion未来招聘需求[3][12][28] - M&A管道活跃 未来可能拓展核医学等相邻领域[18][51] **数据与单位换算** - 收购价5.85亿美元（$585 million）[10] - 协同效应1000万美元/年（$10 million annualized）[10][11] - SMR容量6-10吉瓦（6-10 gigawatts）[7] - 全球核反应堆服务140+座（140+ reactors）[4]

收购与财务影响 - Mirion以现金无债务的方式收购Paragon Energy Solutions，交易价格为5.85亿美元[27] - 预计2026年Paragon的收入约为1.5亿美元，调整后的EBITDA利润率为20%-22%[38] - 交易的估值倍数约为2026年调整后EBITDA的18倍，考虑协同效应后为14倍[27] - 收购预计在2025年底完成，需满足常规监管审批和交割条件[28] - 预计收购将在第一年内对每股稀释收益产生积极影响[27] - 收购后，Mirion的净债务与调整后EBITDA比率预计将达到3.5倍或更低[27] 市场与用户数据 - Paragon在2024年将小型模块化反应堆(SMR)团队人数翻倍，以满足日益增长的需求[20] - Paragon约94%的收入来自大型核电厂，Mirion的核电收入预计将占其合并后收入的约45%[25] 协同效应与未来展望 - 预计协同效应将包括第一年约100万美元，第二年约300万美元，第三年约600万美元，第四年约900万美元，第五年约1000万美元的商业和成本协同[30] - Mirion计划利用其全球网络推动Paragon在美国以外的销售增长[34]

Mirion Technologies Inc. (NYSE:MIR) said Wednesday it agreed to buy Paragon Energy Solutions from Windjammer Capital Investors in a $585 million all-cash deal, expanding its offerings for nuclear power and small modular reactors (SMRs). Paragon, based in Fort Worth, Texas, provides engineered components and digital reactor protection systems for every operating reactor in North America. The company is projected to generate about $150 million in revenue by 2026 and have profit margins above 20%. Mirion sai ...

Sep 24, 2025 7:05 AM Eastern Daylight Time Mirion To Acquire Paragon Energy Solutions, one of the Leading Providers of Highly Engineered Solutions for Large-scale Nuclear Power Plants and Small Modular Reactors (SMRs) in the United States Paragon is expected to generate approximately $150 million of revenue in 2026 with 20% - 22% Adjusted EBITDA margins. The purchase price represents approximately 18x Paragon's expected 2026E Adjusted EBITDA. Operating out of Fort Worth, TX, Paragon offers an industry leadi ...

Key Points Palantir's AI platform is generating real revenue with 48% growth and GAAP profitability, while Oklo won't see revenue until 2027. Oklo's microreactors could solve AI's power bottleneck, but licensing and construction risks make it a multiyear speculation. Palantir offers the cleaner AI exposure after risk adjustment, though Oklo's 1,568% surge over the prior 12 months shows market appetite for the power thesis. 10 stocks we like better than Palantir Technologies › Two stocks, two very ...

The market has much to gain from nuclear power energy companies like Oklo. Oklo stock has gained 554.26% year-to-date since its IPO in 2024. Small Modular Reactors could be a $1 trillion potential market by 2050, reports suggest. Data centers could use more energy than Japan by 2026, says a Bank of America report. Nuclear energy will be a significant solution to keep abreast of the AI and energy race. As the artificial intelligence revolution accelerates, it poses an unprecedented challenge to m ...

市场整体表现 - 美国股市在2025年9月23日出现回调 主要指数结束连续三个交易日创历史新高的涨势 [1] - 道琼斯工业平均指数下跌0.2% 下跌88.76点至46,292.78点 [2] - 标准普尔500指数下跌0.6% 下跌36.83点至6,656.92点 [2] - 纳斯达克综合指数下跌0.9% 下跌215.50点至22,573.47点 [2] - 罗素2000小型股指数下跌0.2% 收于2,457.51点 [2] - 交易量达到186.5亿股 高于过去20个交易日的平均水平 [3] 美联储政策影响 - 美联储主席鲍威尔在央行最近一次降息六天后发表评论 认为股票"估值相当高" [1][3] - 10年期国债收益率从4.15%略微下降至4.13% [4] - 黄金价格突破每盎司3,800美元 年初至今飙升近45% [4] 经济数据展望 - 投资者关注8月个人消费支出(PCE)数据 该数据将于2025年9月26日公布 [5] - 2025年9月25日将发布8月耐用品订单、第二季度GDP增长率终值和成屋销售数据 [6] - 今日发布了欧元区、英国和美国的9月PMI初值数据 [6] - 财报季将于下个月开始 市场关注"七巨头"以外的盈利增长 [6] 科技行业 - 英伟达股价下跌近3%至3.2% 此前一天因与OpenAI达成战略合作而大涨 涉及高达1,000亿美元的数据中心建设投资 [7] - 苹果公司周一上涨4.3% 因Wedbush将其目标价上调至310美元 但iPhone 17出现"刮擦门"问题 [12] - 甲骨文公司周初跳涨超过6% 因宣布任命两位新联合CEO [12] - 美光科技预计截至2025年8月31日的季度每股收益为2.67美元 [12] 航空航天业 - 波音公司股价上涨1.7%至2.2% 因乌兹别克斯坦航空公司同意购买14架787梦幻客机 交易价值超过80亿美元 另有8架选择权 [7] 汽车行业 - 通用汽车股价上涨0.3% 因Mizuho上调目标价 公司电动车销售短期激增17% [12] 医疗保健行业 - Kenvue公司股价上涨2.2%至3.3% 收复周一大部分跌幅 此前因前总统特朗普对孕妇服用泰诺的警告而下跌 [7][8] 零售行业 - AutoZone公司下跌0.7%至2.9% 因2025财年第四季度利润低于预期 公司称增加支出是主要原因 [7] 能源行业 - 核能初创公司Oklo被Seaport Global Securities下调至中性评级 因估值担忧 [12] 企业财报 - Worthington Enterprises预计截至2025年8月31日的季度每股收益为0.80美元 [12] - AAR Corp公布截至2025年8月31日的季度业绩 [12] - MillerKnoll公布截至2025年8月31日的季度财务数据 [12] - Aytu BioPharma提供截至2025年6月30日的季度财报 预计每股收益为-0.02美元 [12]