Economic data releases in early 2025 will play a pivotal role in confirming trajectory. NNE stock forecast trends align with GDP growth estimates and sector-specific PMI data. As the WSJ reports, the Elon Musk-led Department of Government Efficiency government advisory office is at the root of these cuts, which propose slashing spending on everything from hydrogen to carbon capture to energy storage to "other technologies" -- which may include nuclear energy. For Nano Nuclear Energy Inc. rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.