Google’s Nuclear Deal Puts These 3 ASX Uranium Stocks in Focus : BOE, DYL and PDN

Google has signed a long-term purchase agreement with Constellation Energy to secure a reliable electricity source for its AI data centre expansion.

The deal includes the purchase of 890 MW of uranium capacity for 20 years, while Google will also secure another 2,700 MW from Constellation’s PJM fleet for 15 years.

Constellation is expected to invest more than US$4.3 billion to upgrade its existing nuclear reactors across the US.

The deal has put renewed focus on the uranium sector, including these three ASX uranium stocks.

Boss Energy (ASX: BOE)

Boss Energy Limited (ASX: BOE) is one of the top uranium-based ASX stocks and is currently trading with a market capitalisation of $656.01 million.

Boss Energy announced its FY26 results on 27 August 2026, with total production increasing to 1,407klbs at a realised price of US$74 per lb.

The Honeymoon deposit also updated its mineral resource estimate to 21.4Mt, comprising an indicated resource of 12.1Mt and an inferred resource of 9.3Mt.

The company’s sales revenue doubled to $151 million, with sales of 1,400klbs at an average realised price of $111 per lb.

Boss Energy also turned its net profit around, from a loss of $34.2 million in FY25 to a profit of $2.5 million in FY26.

Cash position and FY27 guidance

Net cash from operating activities reached $73.6 million, while net cash used in investing activities was approximately $56.8 million.

This left a closing cash balance of approximately $49.7 million.

Cash and liquid assets reached approximately $207.3 million, with total liabilities of approximately $64.2 million. Total net assets stood at $477.6 million.

For FY27, Boss Energy has provided production guidance of 1.25 to 1.30Mlbs, with C1 cash guidance of $51-$56 per lb and AISC of $83-$92 per lb.

Deep Yellow (ASX: DYL)

Deep Yellow Limited (ASX: DYL) is another major ASX uranium stock, currently trading with a market capitalisation of $1.10 billion.

DYL released its 2026 annual report on 16 September 2026.

As of 30 June 2026, the company’s total group Mineral Resource Estimate (MRE) stood at 740.6Mt, while its Ore Reserve Estimate (ORE) stood at 142.8Mt.

Deep Yellow reported income of $7.4 million, along with a reversal of previous exploration and evaluation expenditure impairment of $25.2 million.

This resulted in a profit for the year of $13.3 million.

The company reported a net operating outflow of $4 million and a net investing outflow of $59.4 million. Net cash from financing activities increased to $4.8 million.

Deep Yellow reported cash and cash equivalents of $159.6 million, alongside an exploration and evaluation expenditure asset of approximately $364.8 million.

Net assets increased to $660.8 million.

Also Read :- Top ASX Uranium stocks to watch in 2026

Paladin Energy (ASX: PDN)

Paladin Energy Limited (ASX: PDN) is a solid uranium player on the ASX and is currently trading with a market capitalisation of $4.17 billion.

On 2 September 2026, Paladin announced an update on exploration drilling completed at the Patterson Lake South (PLS) Project in Saskatchewan, Canada.

Atlas delivered solid results, with one of its sites intersecting 42.1 metres of total composite mineralisation.

This included 26.4 metres grading 0.7% eU₃O₈ and 12.5 metres grading 1.8% eU₃O₈.

The result represented the highest-grade thickness intersection returned from Atlas to date.

FY26 results

Paladin Energy announced its FY26 financial results for the period ended June 2026 on 26 August 2026.

The Langer Heinrich Mine reported production of 4.82Mlb.

Total sales reached 4.35Mlb U₃O₈ at an average realised price of US$70 per lb, resulting in total sales revenue of US$304.3 million, up 71% year over year.

The company’s gross profit turned from a loss of US$26.1 million in FY25 to a profit of US$52.2 million in FY26.

The net loss after tax declined to US$9.1 million.

Cash flow from operating activities became positive at US$37.7 million, while total unrestricted cash and investments increased 198% year over year to US$265 million.

Paladin also drew a debt facility of US$32 million and reported net cash of US$233 million.