Standard Nuclear (STDN)


Market Price (9/21/2026): $12.84 | Market Cap: $2.1 BilSector: Materials | Industry: Specialty Chemicals

Standard Nuclear (STDN)


Market Price (9/21/2026): $12.84
Market Cap: $2.1 Bil
Sector: Materials
Industry: Specialty Chemicals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Megatrend and thematic drivers
Megatrends include Energy Transition & Decarbonization. Themes include Mini Nuclear.

Weak multi-year price returns
2Y Excs Rtn is -32%, 3Y Excs Rtn is -67%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -16 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -249%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 58%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -219%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -506%

High stock price volatility
Vol 12M is 137%

Key risks
STDN key risks include [1] unproven commercial viability and market acceptance at an industrial scale, Show more.

0 Megatrend and thematic drivers
Megatrends include Energy Transition & Decarbonization. Themes include Mini Nuclear.
1 Weak multi-year price returns
2Y Excs Rtn is -32%, 3Y Excs Rtn is -67%
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -16 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -249%
3 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 58%
4 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -219%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -506%
5 High stock price volatility
Vol 12M is 137%
6 Key risks
STDN key risks include [1] unproven commercial viability and market acceptance at an industrial scale, Show more.

STDN in ETFs

Weight = STDN's share of each fund

VTI0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/19/2026

Standard Nuclear (STDN) stock has gained about 5% since it went public on 7/16/2026 because of the following key factors:

1. Strong Initial Commercial Performance.

Standard Nuclear's fiscal Q2 2026 results, for the period ended June 2026, demonstrated early commercial traction, reporting an approximate eight-fold increase in revenue to $4.7 million compared to fiscal Q2 2025, and achieving its first quarterly gross profit of $3.2 million. Revenue also exceeded analyst expectations by 12% in the company's first quarterly earnings report as a public entity.

2. Significant Contract Backlog Growth.

The company secured substantial future demand for its TRISO fuel, with its total contract backlog increasing six-fold from $91.3 million at the end of fiscal Q1 2026 (March 2026) to $576.9 million by late August 2026. This growth was driven by key multi-year TRISO fuel supply agreements, including binding deals with Radiant (through 2031) and Antares Nuclear (through 2035).

Show more
Updated on 9/19/2026

Standard Nuclear (STDN) stock has gained about 5% since it went public on 7/16/2026 because of the following key factors:

1. Strong Initial Commercial Performance.

Standard Nuclear's fiscal Q2 2026 results, for the period ended June 2026, demonstrated early commercial traction, reporting an approximate eight-fold increase in revenue to $4.7 million compared to fiscal Q2 2025, and achieving its first quarterly gross profit of $3.2 million. Revenue also exceeded analyst expectations by 12% in the company's first quarterly earnings report as a public entity.

2. Significant Contract Backlog Growth.

The company secured substantial future demand for its TRISO fuel, with its total contract backlog increasing six-fold from $91.3 million at the end of fiscal Q1 2026 (March 2026) to $576.9 million by late August 2026. This growth was driven by key multi-year TRISO fuel supply agreements, including binding deals with Radiant (through 2031) and Antares Nuclear (through 2035).

3. Positive Analyst Coverage and Price Targets.

Following the expiration of its quiet period on August 25, 2026, Standard Nuclear garnered a consensus "Moderate Buy" rating from analysts, based on 8 buy ratings and 1 hold rating. The average price target of $16.71 represents a nearly 30% potential upside from the stock's trading price of $12.89 as of September 18, 2026, indicating increasing institutional confidence.

4. Favorable Macroeconomic and Government Support.

The nuclear energy sector is experiencing a resurgence, fueled by growing demand for consistent, zero-carbon baseload electricity to support artificial intelligence data centers and industrial electrification. This market sentiment is further bolstered by substantial government initiatives, including a U.S. allocation of $175 million to boost rural nuclear power in September 2026, and a strategic focus on expanding domestic nuclear fuel supply, a sector where Standard Nuclear holds a unique position as the only independent U.S. manufacturer of TRISO fuel.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

5/31/2026 to 9/20/2026
ReturnCorrelation
STDN  
Market (SPY)0.9%22.6%
Sector (XLB)-2.3%11.3%

Fundamental Drivers

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Market Drivers

2/28/2026 to 9/20/2026
ReturnCorrelation
STDN  
Market (SPY)11.6%22.6%
Sector (XLB)-6.0%11.3%

Fundamental Drivers

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Market Drivers

8/31/2025 to 9/20/2026
ReturnCorrelation
STDN  
Market (SPY)19.4%22.6%
Sector (XLB)9.9%11.3%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/20/2026
ReturnCorrelation
STDN  
Market (SPY)75.6%22.6%
Sector (XLB)27.3%11.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
STDN Return-----2%2%
Peers Return40%-1%31%134%95%-9%649%
S&P 500 Return27%-19%24%23%16%12%103%

Monthly Win Rates [3]
STDN Win Rate-----33% 
Peers Win Rate50%42%58%66%65%40% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
STDN Max Drawdown------ 
Peers Max Drawdown-33%-39%-39%-37%-46%-45% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: BWXT, LEU, SMR, CCJ, GEV.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)

How Low Can It Go

STDN has limited trading history. Below is the Materials sector ETF (XLB) in its place.

EventXLBS&P 500
2025 US Tariff Shock
  % Loss-17.0%-18.8%
  % Gain to Breakeven20.5%23.1%
  Time to Breakeven84 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-12.5%-9.5%
  % Gain to Breakeven14.3%10.5%
  Time to Breakeven52 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-23.5%-24.5%
  % Gain to Breakeven30.7%32.4%
  Time to Breakeven456 days427 days
2020 COVID-19 Crash
  % Loss-36.2%-33.7%
  % Gain to Breakeven56.8%50.9%
  Time to Breakeven114 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-18.3%-19.2%
  % Gain to Breakeven22.4%23.8%
  Time to Breakeven101 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-17.9%-12.2%
  % Gain to Breakeven21.7%13.9%
  Time to Breakeven52 days62 days

Compare to BWXT, LEU, SMR, CCJ, GEV

In The Past

State Street Materials Select Sector SPDR ETF's stock fell -17.0% during the 2025 US Tariff Shock. Such a loss loss requires a 20.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

STDN has limited trading history. Below is the Materials sector ETF (XLB) in its place.

EventXLBS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-23.5%-24.5%
  % Gain to Breakeven30.7%32.4%
  Time to Breakeven456 days427 days
2020 COVID-19 Crash
  % Loss-36.2%-33.7%
  % Gain to Breakeven56.8%50.9%
  Time to Breakeven114 days140 days
2014-2016 Oil Price Collapse
  % Loss-23.8%-6.8%
  % Gain to Breakeven31.2%7.3%
  Time to Breakeven171 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-28.2%-17.9%
  % Gain to Breakeven39.3%21.8%
  Time to Breakeven459 days123 days
2008-2009 Global Financial Crisis
  % Loss-56.6%-53.4%
  % Gain to Breakeven130.3%114.4%
  Time to Breakeven701 days1085 days

Compare to BWXT, LEU, SMR, CCJ, GEV

In The Past

State Street Materials Select Sector SPDR ETF's stock fell -17.0% during the 2025 US Tariff Shock. Such a loss loss requires a 20.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Standard Nuclear (STDN)

Standard Nuclear (STDN) is a leading independent company focused on supplying advanced nuclear fuels, primarily TRISO fuel, for safe, reliable, and scalable nuclear power generation. The company is unique as it operates the only dedicated, privately funded, industrial-scale TRISO manufacturing facilities in the United States. STDN designs, engineers, and manufactures these advanced fuels, which are critical components for next-generation Advanced Reactors, and is already producing and shipping fuel for demonstrations anticipated in 2026.

Standard Nuclear positions itself at the fuel manufacturing layer of the nuclear value chain. Its business model involves converting enriched uranium feedstock, provided by its customers, into finished TRISO fuel products. The company explicitly does not design, own, or operate nuclear reactors, nor does it procure uranium, thereby avoiding direct commercial exposure to uranium price volatility. STDN's primary customers include Advanced Reactor developers, utilities, reactor owners and operators, hyperscale data center operators, and domestic and international government entities that require TRISO fuel for their reactors.

AI Analysis | Feedback

Standard Nuclear is like **TSMC for advanced nuclear fuel**. Standard Nuclear is the **"Intel Inside" for advanced nuclear reactors**.

AI Analysis | Feedback

  • Advanced TRISO Nuclear Fuel Manufacturing: Standard Nuclear manufactures and supplies finished TRISO fuel products, converting customer-provided enriched uranium feedstock for use in Advanced Reactors.
  • Nuclear Fuel Fabrication and Engineering Services: The company provides specialized design, engineering, and fabrication services for advanced nuclear fuels, primarily TRISO, tailored to various Advanced Reactor designs and customer specifications.

AI Analysis | Feedback

Based on the provided company description, Standard Nuclear (STDN) has not yet achieved large-scale commercial sales for its products, stating, "we have never sold our products at large-scale commercial levels." Therefore, no specific major customer companies are identified by name in the prospectus.

However, Standard Nuclear primarily sells its advanced nuclear fuel products to other companies and entities, not individuals. The company indicates that its fuel products can be used by the following categories of customers:

  • Reactor owners and operators
  • Utilities
  • Hyperscale data center operators
  • Domestic and international government entities that own or operate such reactors

The company also notes that it is "currently producing and shipping fuel for Advanced Reactor demonstrations scheduled for 2026," implying its current clients are developers of these early-stage advanced reactor projects, though specific names are not provided.

AI Analysis | Feedback

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AI Analysis | Feedback

Kurt Terrani Chief Executive Officer and Director

Dr. Kurt Terrani was appointed Chief Executive Officer and Director of Standard Nuclear, Inc. in January 2025. An internationally recognized nuclear fuel expert, Dr. Terrani’s career is dedicated to the development and manufacturing of advanced nuclear fuels and materials. He spent over a decade at Oak Ridge National Laboratory, serving as National Technical Director for the U.S. Department of Energy (DOE). He earned his Ph.D. in Nuclear Engineering from the University of California, Berkeley in 2010. Prior to Standard Nuclear, Dr. Terrani served as Executive Vice President at Ultra Safe Nuclear Corporation (USNC) from 2022 and as interim CEO during USNC's bankruptcy proceedings. Standard Nuclear was formed after a consortium of venture capital funds, led by Decisive Point, acquired USNC's TRISO fuel assets, at which point Dr. Terrani became CEO. Many of his technical team members from USNC joined him at Standard Nuclear, with some working for months without pay to keep the fuel line operational during the bankruptcy. Standard Nuclear is backed by venture capital firms, including Decisive Point and Andreessen Horowitz.

Kevin Harrill Chief Financial Officer

Kevin Harrill serves as the Chief Financial Officer for Standard Nuclear.

Thomas Hendrix Executive Chairman

Thomas Hendrix is the Executive Chairman of Standard Nuclear and a founding partner of Decisive Point. He led the consortium of venture capital funds that acquired the TRISO fuel assets of the bankrupt Ultra Safe Nuclear Corporation (USNC) for $28 million in February 2025, which subsequently formed Standard Nuclear. This demonstrates a pattern of managing companies backed by private equity firms.

Keeley Marrocco Chief Operating Officer

Keeley Marrocco serves as the Chief Operating Officer for Standard Nuclear.

Shahram Ghasemian Chief Legal & Compliance Officer and Corporate Secretary

Shahram Ghasemian holds the position of Chief Legal & Compliance Officer and Corporate Secretary at Standard Nuclear.

AI Analysis | Feedback

Key Risks to Standard Nuclear (STDN)

  1. Unproven Commercial Viability and Market Acceptance at Industrial Scale: Standard Nuclear has not yet sold its products at large-scale commercial levels, and the production of TRISO fuel at an industrial scale is generally untested. This results in limited data regarding the full cycle economics of manufacturing, marketing, pricing, and selling TRISO fuel, leaving the company with limited visibility into customer willingness to pay and the cost structures required for positive profit margins.
  2. History of Significant Operating Losses and Negative Cash Flows: The company has historically incurred substantial operating losses and negative cash flows, with an accumulated deficit of $79.9 million as of March 31, 2026. This indicates that Standard Nuclear's financial sustainability is highly dependent on achieving successful large-scale commercialization and profitability in the future to reverse these trends.

AI Analysis | Feedback

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AI Analysis | Feedback

The addressable markets for Standard Nuclear's main product, TRISO fuel, include both a U.S. cumulative opportunity and global market valuations.

  • Standard Nuclear estimates a cumulative TRISO fuel opportunity exceeding $4 billion through 2030 within the U.S..
  • The broader advanced nuclear capacity in the U.S. is projected to surpass 58 GWe by 2040.
  • The global Tri-structural Isotropic (TRISO) fuel market was valued at approximately US$ 382.49 million in 2024 and is projected to reach about US$ 554.28 million by 2033, growing at a compound annual growth rate (CAGR) of 4.28%. Another estimate placed the global TRISO fuel market at US$ 370.0 million in 2023, with a projection to reach US$ 557.7 million by 2034, at a CAGR of 3.8%. Additionally, the global market was valued at USD 387.7 million in 2024 and is predicted to reach USD 558.4 million by 2034 with a 3.9% CAGR.
  • Specifically for the United States, the market for Next-Generation Nuclear Fuel (TRISO) Commercialization for High-Temperature Reactors was valued at USD 1.19 billion in 2025 and is projected to grow to USD 2.32 billion by 2034, exhibiting a CAGR of 8.9% during the forecast period.

AI Analysis | Feedback

Standard Nuclear (STDN) is expected to drive future revenue growth over the next two to three years through several key initiatives, primarily centered on expanding its unique industrial-scale TRISO fuel manufacturing capabilities and capitalizing on the growing advanced nuclear reactor market.

One significant driver is the **expansion of TRISO production facilities and capacity**. Standard Nuclear is currently producing and shipping fuel for advanced reactor demonstrations scheduled for 2026. The company anticipates additional TRISO production facilities to come online in the second half of 2026, including a new facility in Oak Ridge, TN (Oak Ridge SN-TN), and a second manufacturing site, Standard Nuclear-West (SN-West), in Idaho Falls, Idaho. This increase in operational capacity directly correlates with a higher volume of fuel production and subsequent revenue generation, with plans to expand production capacity to more than 2 tonnes by mid-2026.

Another crucial driver is the **growth in the advanced reactor market and subsequent customer adoption**. Standard Nuclear aims to support the re-emergence of the U.S.'s newbuild nuclear infrastructure and meet the nation's growing demand for safe, reliable, and clean baseload power. The company's unique position as the only participant in the U.S. market positioned to work with any developer of Advanced Reactors using TRISO fuel, combined with a reactor-agnostic model, enables it to capture a broad customer base as new advanced reactors, including small modular reactors (SMRs) and microreactors, come online. The demand for nuclear fuel is also being fueled by decarbonization efforts and the rapidly growing power needs of data centers.

Finally, **securing and scaling long-term fuel supply arrangements** will be a primary revenue driver. Standard Nuclear's business model is based on establishing long-term fuel supply arrangements where customers provide enriched uranium feedstock, and Standard Nuclear converts it into finished fuel products. The company has already indicated a total contract backlog of up to $245 million and a potential pipeline of $416 million. Strategic collaborations, such as the joint venture with Framatome to supply commercial quantities of TRISO fuel and the alliance with Oklo to evaluate recycled materials as feedstock, further solidify its position in the domestic supply chain and pave the way for sustained, large-scale commercial contracts.

AI Analysis | Feedback

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Peer Outperformance in Specialty Chemicals

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Share of Specialty Chemicals constituents that STDN has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
insufficient peer history
3Y
insufficient peer history
5Y
insufficient peer history
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Median price return by industry across the Materials sector, ranked by 5Y. Specialty Chemicals is STDN's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Copper 7 75.0%96.2%327.4% COPR 973% · HBM 411% · TGB 399%
Steel 13 14.3%39.3%178.1% HCC 346% · STLD 339% · NWPX 331%
Silver 6 108.5%344.0%169.4% AYA 319% · HL 254% · SVM 202%
Gold 34 24.3%211.0%160.9% IAG 821% · KGC 458% · CNL 440%
Aluminum 3 41.5%128.9%71.3% CENX 220% · KALU 71% · AA 3%
Construction Materials 7 -22.9%22.2%47.0% USLM 375% · CRH 84% · SMID 61%
Diversified Metals & Mining 23 -19.9%-2.4%25.3% ATLX 207043% · USAR 51477% · TII 778%
Metal, Glass & Plastic Containers 11 -8.7%5.9%1.7% KRT 183% · MYE 83% · GEF 60%
Paper & Plastic Packaging Products & Materials 7 6.5%8.4%-8.0% PKG 95% · CCK 11% · SON -1%
Specialty Chemicals ← 41 6.9%2.8%-8.5% ODC 471% · NEU 202% · CMT 106%
Diversified Chemicals 4 -5.8%-29.6%-25.8% CBT 79% · ASH -14% · CC -37%
Precious Metals & Minerals 8 28.9%175.6%-26.4% ASM 697% · PPTA 371% · MTA 44%
Commodity Chemicals 12 9.9%-11.8%-27.0% HWKN 285% · KOP 60% · MEOH 57%
Fertilizers & Agricultural Chemicals 10 -11.2%-5.5%-35.4% CF 189% · CTVA 106% · NTR 47%
Paper Products 3 -24.0%-51.0%-95.7% CLW -40% · ITP -96% · MERC -96%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1...08/15/2026
Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

STDNBWXTLEUSMRCCJGEVMedian
NameStandard.BWX Tech.Centrus .NuScale .Cameco GE Verno. 
Mkt Price12.84147.52145.238.2791.62940.33118.42
Mkt Cap-13.52.93.039.9252.013.5
Rev LTM63,514474113,47541,3671,974
Op Inc LTM-163407-7335251,803174
FCF LTM-32317-164-77955612,438143
FCF 3Y Avg-310-18-3486645,670310
CFO LTM-14519-55-77694214,139253
CFO 3Y Avg-47822-3479366,805478

Growth & Margins

STDNBWXTLEUSMRCCJGEVMedian
NameStandard.BWX Tech.Centrus .NuScale .Cameco GE Verno. 
Rev Chg LTM-22.7%8.5%-81.0%-2.7%13.0%8.5%
Rev Chg 3Y Avg-14.8%13.5%67.2%19.8%-17.3%
Rev Chg Q-18.0%14.0%-99.1%-7.2%21.9%14.0%
QoQ Delta Rev Chg LTM-4.1%4.8%-42.7%-1.8%5.1%4.1%
Op Inc Chg LTM-5.7%-91.9%-458.1%-18.6%175.7%-18.6%
Op Inc Chg 3Y Avg-3.6%11.2%-137.5%215.2%-7.4%
Op Mgn LTM-249.0%9.7%1.6%-6,854.0%15.1%4.4%3.0%
Op Mgn 3Y Avg-11.5%11.0%-2,963.6%15.9%2.2%11.0%
QoQ Delta Op Mgn LTM--0.2%-5.2%-3,041.4%-2.1%0.5%-2.1%
CFO/Rev LTM-218.8%14.8%-11.6%-7,262.5%27.1%34.2%1.6%
CFO/Rev 3Y Avg-16.0%5.4%-2,887.4%28.8%17.3%16.0%
FCF/Rev LTM-505.9%9.0%-34.6%-7,284.2%16.0%30.1%-12.8%
FCF/Rev 3Y Avg-10.4%-3.1%-2,894.9%20.5%14.3%10.4%

Valuation

STDNBWXTLEUSMRCCJGEVMedian
NameStandard.BWX Tech.Centrus .NuScale .Cameco GE Verno. 
Mkt Cap-13.52.93.039.9252.013.5
P/S-3.96.1282.011.56.16.1
P/Op Inc-39.8390.1-4.176.0139.876.0
P/EBIT-29.245.8-4.169.6139.845.8
P/E-38.159.5-7.3112.426.438.1
P/CFO-26.1-52.5-3.942.417.817.8
Total Yield-3.3%1.7%-13.8%1.2%3.9%1.7%
Dividend Yield-0.7%0.0%0.0%0.3%0.2%0.2%
FCF Yield 3Y Avg-2.5%-0.4%-13.1%2.2%3.3%2.2%
D/E-0.10.40.00.00.00.0
Net D/E-0.1-0.2-0.4-0.0-0.0-0.0

Returns

STDNBWXTLEUSMRCCJGEVMedian
NameStandard.BWX Tech.Centrus .NuScale .Cameco GE Verno. 
1M Rtn1.6%-5.9%-22.0%-12.0%-10.6%-1.7%-8.3%
3M Rtn4.4%-28.1%-24.1%-29.6%-14.0%-15.3%-19.7%
6M Rtn4.4%-25.9%-22.2%-27.7%-9.8%10.5%-16.0%
12M Rtn4.4%-15.0%-50.7%-82.3%6.6%51.0%-5.3%
3Y Rtn4.4%103.8%185.4%55.7%137.9%574.5%120.8%
1M Excs Rtn8.0%-8.3%-20.2%-10.2%-5.7%-4.0%-7.0%
3M Excs Rtn2.4%-30.1%-26.1%-31.6%-16.0%-17.3%-21.7%
6M Excs Rtn-11.4%-45.4%-45.0%-46.8%-29.9%-8.6%-37.4%
12M Excs Rtn-11.5%-27.8%-52.8%-93.0%-3.6%37.4%-19.7%
3Y Excs Rtn-66.9%34.9%119.0%-41.2%65.7%503.3%50.3%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024
Service Revenue30
Total30


Price Behavior

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STDN Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta0.71-1.151.070.04-0.34-2.76
Up Beta2.91-3.69-0.892.160.17-0.49
Down Beta19.27-0.882.05-5.944.86-9.59
Up Capture393%109%63%24%11%1%
Bmk +ve Days10213268138427
Stock +ve Days101313131313
Down Capture-1703%-147%-78%-45%-28%-16%
Bmk -ve Days11213259113324
Stock -ve Days101818181818

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with STDN
STDN4.4%136.9%0.77-
Sector ETF (XLB)11.7%17.9%0.4611.3%
Equity (SPY)16.9%12.9%0.9422.6%
Gold (GLD)19.1%29.3%0.6010.5%
Commodities (DBC)46.3%20.6%1.7315.0%
Real Estate (VNQ)4.9%13.6%0.10-20.1%
Bitcoin (BTCUSD)-30.6%44.3%-0.70-1.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with STDN
STDN0.9%136.9%0.77-
Sector ETF (XLB)5.5%19.1%0.1811.3%
Equity (SPY)12.9%17.2%0.5722.6%
Gold (GLD)19.1%18.8%0.8310.5%
Commodities (DBC)11.2%19.5%0.4515.0%
Real Estate (VNQ)1.1%18.8%-0.05-20.1%
Bitcoin (BTCUSD)12.5%52.5%0.42-1.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with STDN
STDN0.4%136.9%0.77-
Sector ETF (XLB)9.6%20.7%0.4111.3%
Equity (SPY)15.1%18.0%0.7222.6%
Gold (GLD)12.1%16.4%0.6110.5%
Commodities (DBC)8.3%18.1%0.3715.0%
Real Estate (VNQ)4.4%20.7%0.18-20.1%
Bitcoin (BTCUSD)62.6%66.2%1.02-1.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8312026
Short Interest: Shares Quantity2.3 Mil
Short Interest: % Change Since 81520261.1%
Average Daily Volume0.7 Mil
Days-to-Cover Short Interest3.2 days
Basic Shares Quantity160.7 Mil
Short % of Basic Shares1.4%

Earnings Returns History

Updated 9/8/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/27/2026-1.5%2.7% 
SUMMARY STATS   
# Positive010
# Negative100
Median Positive 2.7% 
Median Negative-1.5%  
Max Positive 2.7% 
Max Negative-1.5%  
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/27/2026-1.5%2.7% 
SUMMARY STATS   
# Positive010
# Negative100
Median Positive 2.7% 
Median Negative-1.5%  
Max Positive 2.7% 
Max Negative-1.5%  

SEC Filings

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Report DateFiling DateFiling
06/30/202608/27/202610-Q
03/31/202607/16/2026424B4
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Report DateFiling DateFiling
06/30/202608/27/202610-Q
03/31/202607/16/2026424B4
Core Cache Last Updated: 9/20/2026