X-Energy, Inc. is trading at $22.48 (down 5%) as investors react to the company's first-quarter 2026 results, which featured a significant top-line miss.

  • The company reported Q1 revenue and grant income of $43.4 million, falling short of the $64.6 million analyst consensus estimate.
  • A larger-than-expected net loss was reported for the period, primarily driven by a non-cash warrant liability charge.
  • Management reaffirmed its full-year revenue guidance and highlighted a sharply expanded 11.5 GW Xe-100 deployment pipeline.