Nuclear Energy Stocks For AI Infrastructure Investors Looking Beyond Oil And Gas

Nuclear energy stocks are back in focus as investors weigh inflation trends, shifting rate expectations and persistent energy security concerns. With oil and gas prices closely tied to geopolitical risk and central bank decisions, some investors are looking at the Nuclear Energy Stocks screener to find companies linked to reliable baseload power and uranium supply. This curated list highlights uranium producers, enrichment specialists and reactor operators that are directly exposed to long term electricity demand and energy policy debates. In this article, you will see 3 stocks from the screener that stand out for further research.

AtkinsRéalis Group (TSX:ATRL)

Overview: AtkinsRéalis Group is a Montreal based engineering and project management company that works across infrastructure, nuclear power, transportation, water, defence and buildings, providing consulting, design, construction management and long term asset support services worldwide, including Canada, the UK, the US and Saudi Arabia. It also has a capital arm that develops and invests in projects such as bridges, highways, power facilities and social infrastructure.

Operations: AtkinsRéalis Group generates CA$2.5b from its Nuclear segment and around CA$7.7b from Engineering Services across the UKI (CA$2.8b), USLA (CA$2.1b), Canada (CA$1.5b) and AMEA (CA$1.3b), with an additional CA$1.2b of segment adjustments.

Market Cap: CA$14.36b

Investors looking at nuclear energy and critical infrastructure may wish to consider AtkinsRéalis Group, which combines a CA$5.6b nuclear backlog, high margin engineering and project management work, and fresh contract wins on major UK and North American nuclear and transit projects. The business has recently reported very strong earnings, a low P/E relative to peers and an improving mix away from fixed price construction into higher value services. It also carries risks related to nuclear contract concentration, project execution and a high level of non cash earnings. Alongside active M&A, new board members with AI and digital expertise, and insider selling, this creates a complex picture that merits closer examination beyond the headlines.

AtkinsRéalis Group’s strong earnings, nuclear backlog and shift into higher value services could be telling a different story than the headline P/E suggests. The 5 key rewards and 3 important warning signs (2 are major!) might reveal what the market is still missing.

WSP Global (TSX:WSP)

Overview: WSP Global is a Montreal based engineering and professional services company that advises, designs and manages large infrastructure, environmental and energy projects worldwide, helping governments and businesses plan and run assets from rail and airports to data centers and nuclear facilities.

Operations: WSP Global generates about CA$2.8b from Canada, CA$8.4b from the Americas, CA$5.3b from EMEIA and CA$2.0b from APAC, giving it a broad revenue base across key developed markets.

Market Cap: CA$23.8b

WSP Global attracts attention because it sits at the crossroads of sustainable infrastructure, digital transformation and energy transition, with recurring consulting work linked to decarbonization, data centers and clean power, including lower carbon solutions such as nuclear. Analysts expect solid earnings growth and see meaningful upside to their consensus price target, while the current P/E sits below many construction peers. At the same time, WSP carries real trade offs, including a heavy reliance on acquisitions, high debt funding and exposure to public sector budgets and intense competition for talent. For investors weighing that mix of growth, value signals and risk, the current share price may not fully reflect how these forces could play out over time.

WSP Global’s mix of decarbonization work, data center exposure and nuclear consulting looks like an earnings engine that many investors may be underestimating. Get the full story in the analyst forecasts for WSP Global before one key risk flips the script

Bird Construction (TSX:BDT)

Overview: Bird Construction is a Canadian construction company that builds and maintains complex projects across industrial, infrastructure and institutional markets, from mines, LNG and nuclear facilities to schools, hospitals and data centers. It also provides ongoing maintenance and lifecycle services, including electrical, mechanical and communications systems for energy, resources and public sector clients.

Operations: Bird Construction generates CA$3.5b of revenue from the general contracting sector of the construction industry, all in Canada.

Market Cap: CA$4.3b

Investors focused on nuclear and energy infrastructure may want to look closely at Bird Construction, which combines a record Canadian infrastructure backlog, around CA$1b of recent project awards and a growing tilt toward higher margin, specialized work in green energy, data centers and long term maintenance contracts. Forecast revenue growth of about 15.6% a year and earnings growth near 49% a year sit alongside tight 1.4% net margins, an elevated P/E and full reliance on external borrowing. As a result, the investment case centers on whether Bird can convert its pipeline into sustained, profitable cash flow. The emerging AI data center buildout, multi year nuclear sector opportunities and a reshaped debt structure could be important factors that some investors may not yet be fully considering.

Bird Construction’s accelerating project pipeline and sector exposure could be masking a very different earnings path than headline margins suggest. See how the analyst forecasts for Bird Construction reframes the opportunity before one pressure point starts to bite.

The three nuclear energy stocks in this article are just a starting point, while the full Nuclear Energy Stocks screener surfaces 54 more companies with equally compelling narratives around uranium supply, enrichment capacity and nuclear project pipelines. Use Simply Wall St to identify and analyze the exact catalysts and narratives that matter to you, so you can focus on the nuclear energy opportunities that best fit your own criteria.

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Seeking Alternatives Beyond Nuclear Stocks?

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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.

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