LSE:ERN 6 February 2026

July 1, 2026, 9:56 AM EDT. BWX Technologies (BWXT) reported commercial nuclear revenue up 121% year over year at $283.6 million in Q1 2026, boosted by buying Precision Components Group and steady demand for nuclear parts, fuel, and services. The company's commercial backlog hit $1.72 billion as of March 31, 2026. BWXT, along with Cameco and NuScale Power, is getting a lift from longer reactor lifespans and small modular reactors (SMRs). BWXT's forward price-to-sales ratio is 4.5, well below the sector average of 12.98. Shares have gained 12.6% over six months, lagging the industry's 13.8% move. Analysts expect a 14.76% EPS bump in 2026.