• EN

    • -+ 0.00%
    -+ 0.00%
    -+ 0.00%

    How BWXT’s Project Pele Fuel Shipment and Kozloduy Role Could Impact BWX Technologies (BWXT) Investors

    Simply Wall St·12/13/2025 21:28:03
    Listen to the news
    • In December 2025, BWX Technologies reported shipping its TRISO nuclear fuel to Idaho National Laboratory for the U.S. Army’s Project Pele microreactor and was named, alongside Laurentis Energy Partners and Canadian Nuclear Partners, as Owner’s Engineer for Bulgaria’s planned AP1000 units at the Kozloduy nuclear plant under a multi‑year, hundreds‑of‑millions‑of‑euros contract.
    • Together, these developments underline BWXT’s role at both ends of the nuclear spectrum, leading‑edge defense microreactors and long‑duration international power projects, potentially deepening its government and utility relationships.
    • We’ll now examine how BWXT’s TRISO fuel role in Project Pele could influence the company’s existing investment narrative and long-term outlook.

    Rare earth metals are the new gold rush. Find out which 37 stocks are leading the charge.

    BWX Technologies Investment Narrative Recap

    To own BWX Technologies, you generally need to believe that long term demand for defense nuclear systems and advanced reactors will support its large backlog and earnings base. The latest Pele fuel shipment and Kozloduy Owner’s Engineer award both reinforce that narrative, but they do not fundamentally change the near term focus on execution risk across complex government programs or the existing exposure to any shifts in U.S. defense and nuclear priorities.

    The Kozloduy Owner’s Engineer contract stands out here because it links directly to one of BWXT’s key potential growth areas in large scale commercial nuclear projects. If Bulgaria advances its AP1000 build, this multi year, hundreds of millions of euros engagement showcases BWXT’s role across the full project lifecycle, adding another long duration civil nuclear opportunity alongside its defense work and reinforcing the backlog that underpins many investors’ current thesis.

    However, even with new TRISO and Kozloduy work, investors should be aware that BWXT’s dependence on long term government contracts leaves it exposed if...

    Read the full narrative on BWX Technologies (it's free!)

    BWX Technologies’ narrative projects $3.9 billion revenue and $494.7 million earnings by 2028. This requires 11.1% yearly revenue growth and about a $200 million earnings increase from $294.4 million today.

    Uncover how BWX Technologies' forecasts yield a $221.22 fair value, a 26% upside to its current price.

    Exploring Other Perspectives

    BWXT 1-Year Stock Price Chart
    BWXT 1-Year Stock Price Chart

    Members of the Simply Wall St Community currently see BWXT’s fair value anywhere between US$120 and US$250 across 10 separate views, so you are getting a wide spread of expectations. Set against that, the big question many of these investors are wrestling with is how secure BWXT’s heavy dependence on long duration U.S. defense and nuclear contracts will prove over time, and what that could mean for the company’s future performance.

    Explore 10 other fair value estimates on BWX Technologies - why the stock might be worth 31% less than the current price!

    Build Your Own BWX Technologies Narrative

    Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

    Seeking Other Investments?

    Our top stock finds are flying under the radar-for now. Get in early:

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.