NuScale Power (NYSE:SMR) Shares Down 7.6% – What’s Next?

NuScale Power Corporation (NYSE:SMR)’s stock price traded down 7.6% during trading on Thursday . The stock traded as low as $18.13 and last traded at $18.9250. 28,242,328 shares were traded during mid-day trading, a decline of 14% from the average session volume of 32,982,102 shares. The stock had previously closed at $20.48.

Key NuScale Power News

Here are the key news stories impacting NuScale Power this week:

• Positive Sentiment: Texas Capital upgraded NuScale to a “strong-buy,” providing some analyst support that may attract buyers. Article Title
• Negative Sentiment: A securities investigation has been launched by Robbins Geller Rudman & Dowd into potential violations involving NuScale, which typically raises legal and disclosure risk and can prompt selling pressure. Article Title
• Negative Sentiment: An analyst trimmed NuScale’s price target by $11, signaling reduced expectations for the stock and likely contributing to downward pressure. Article Title
• Negative Sentiment: Unusually large put-option activity was recorded (145,933 puts, ~36% above typical put volume), indicating elevated bearish bets or hedging demand that can amplify near-term volatility and downside pressure.

Analyst Upgrades and Downgrades

SMR has been the topic of a number of research analyst reports. Bank of America raised shares of NuScale Power from an “underperform” rating to a “neutral” rating and set a $28.00 price objective on the stock in a research report on Friday, January 9th. The Goldman Sachs Group cut their price objective on NuScale Power from $27.00 to $23.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. B. Riley decreased their price target on shares of NuScale Power from $38.00 to $24.00 and set a “buy” rating for the company in a report on Monday, December 22nd. Zacks Research lowered NuScale Power from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Finally, Wall Street Zen lowered shares of NuScale Power from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $33.42.

NuScale Power Stock Performance

The business’s 50-day moving average is $18.49 and its two-hundred day moving average is $31.51. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of -6.11 and a beta of 2.12.

NuScale Power (NYSE:SMR) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($1.85) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($1.74). The company had revenue of $8.24 million for the quarter, compared to analyst estimates of $11.29 million. NuScale Power had a negative return on equity of 51.27% and a negative net margin of 594.63%.The company’s revenue was up 1635.2% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.18) earnings per share. Analysts forecast that NuScale Power Corporation will post -0.73 EPS for the current year.

Insider Activity at NuScale Power

In other news, CFO Robert Ramsey Hamady sold 40,000 shares of the company’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $22.17, for a total transaction of $886,800.00. Following the completion of the sale, the chief financial officer directly owned 46,283 shares in the company, valued at approximately $1,026,094.11. This represents a 46.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On NuScale Power

Large investors have recently added to or reduced their stakes in the business. State of New Jersey Common Pension Fund D raised its holdings in shares of NuScale Power by 57.7% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 100,133 shares of the company’s stock valued at $1,419,000 after purchasing an additional 36,620 shares during the last quarter. Harbor Advisors LLC purchased a new stake in NuScale Power in the fourth quarter worth $177,000. Wealthfront Advisers LLC increased its holdings in NuScale Power by 118.0% in the 4th quarter. Wealthfront Advisers LLC now owns 18,647 shares of the company’s stock worth $264,000 after acquiring an additional 10,092 shares during the last quarter. R Squared Ltd increased its stake in shares of NuScale Power by 115.3% in the fourth quarter. R Squared Ltd now owns 13,510 shares of the company’s stock worth $191,000 after purchasing an additional 7,235 shares in the last quarter. Finally, D.A. Davidson & CO. grew its stake in NuScale Power by 61.6% in the 4th quarter. D.A. Davidson & CO. now owns 34,659 shares of the company’s stock valued at $491,000 after buying an additional 13,210 shares in the last quarter. Institutional investors own 78.37% of the company’s stock.

NuScale Power Company Profile

NuScale Power Corporation, trading on the NYSE American under the ticker SMR, is a pioneering developer of small modular nuclear reactors. Established in 2007 as a spinout from Oregon State University, the company is headquartered in Portland, Oregon. NuScale’s mission is to deliver zero-carbon baseload power through scalable modular reactor technology, aiming to transform traditional nuclear energy deployment.

At the core of NuScale’s offering is the VOYGR small modular reactor design, featuring 77-megawatt electric (MWe) modules with passive safety systems.