NuScale Power (NYSE:SMR) Shares Gap Up – Still a Buy?

NuScale Power Corporation (NYSE:SMR) gapped up prior to trading on Thursday . The stock had previously closed at $15.57, but opened at $16.52. NuScale Power shares last traded at $15.6020, with a volume of 9,265,032 shares changing hands.

Key NuScale Power News

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

• Positive Sentiment: Announced collaboration with Oak Ridge National Laboratory to explore AI-guided nuclear fuel management across multiple reactors — a technology/efficiency story that can support future project economics and commercial credibility. NuScale Power to Collaborate with Oak Ridge National Laboratory
• Positive Sentiment: Market reports note the AI/ORNL collaboration lifted the stock intraday as investors viewed the tie-up as validation of NuScale’s tech roadmap and potential operational upside. NuScale Power rises on AI collaboration with Oak Ridge
• Positive Sentiment: Additional press coverage highlighted the AI-guided nuclear fuel project with ORNL as a near-term PR catalyst that briefly supported share gains. NuScale Power stock rises after AI-guided project
• Neutral Sentiment: Valuation commentary: analysts and commentators are revisiting SMR valuation after the Cowen downgrade and Doicesti project delays; useful for investors but not a new catalyst by itself. A Look At NuScale Power Valuation After Downgrade
• Negative Sentiment: TD Cowen downgraded NuScale on increased vote risk in Romania (Doicesti), citing higher probability of project delays and pushing out expected commercial timelines — a major driver of today’s downward pressure. TD Cowen downgrades NuScale Power
• Negative Sentiment: Coverage notes Cowen moved the stock to “hold” as NuScale’s first SMR project may be delayed to 2034, signaling revenue and cash-flow pushouts that hurt near- and mid-term valuation. NuScale cut to hold at TD Cowen
• Negative Sentiment: Analyst/commentary piece warns of “death spiral” risk and endorses a rating downgrade scenario — broad negative narrative that can amplify selling pressure. NuScale Power: Death Spiral Risk
• Negative Sentiment: Tradr launched leveraged short ETFs targeting NuScale, increasing easily accessible short exposure and potential downside momentum for traders amplifying intraday moves. Tradr Unveils Short Leveraged ETFs on NuScale Power

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on SMR shares. UBS Group set a $20.00 price objective on NuScale Power in a report on Tuesday, November 25th. Wall Street Zen lowered NuScale Power from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a research note on Monday, December 29th. Texas Capital raised shares of NuScale Power to a “strong-buy” rating in a research note on Tuesday, January 27th. Finally, Citigroup reaffirmed a “sell” rating and set a $37.50 target price (down previously from $46.00) on shares of NuScale Power in a report on Tuesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, NuScale Power currently has a consensus rating of “Hold” and an average price target of $33.19.

NuScale Power Price Performance

The stock has a market cap of $4.21 billion, a PE ratio of -4.95 and a beta of 2.14. The stock’s fifty day moving average is $18.08 and its 200-day moving average is $29.68.

Insider Activity

In other news, CFO Robert Ramsey Hamady sold 40,000 shares of NuScale Power stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $22.17, for a total transaction of $886,800.00. Following the sale, the chief financial officer owned 46,283 shares of the company’s stock, valued at approximately $1,026,094.11. The trade was a 46.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NuScale Power

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of NuScale Power by 40.5% during the 4th quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock worth $220,273,000 after purchasing an additional 4,482,254 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in NuScale Power by 22.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company’s stock worth $263,195,000 after buying an additional 1,346,796 shares during the period. Van ECK Associates Corp increased its position in shares of NuScale Power by 67.2% during the third quarter. Van ECK Associates Corp now owns 5,287,814 shares of the company’s stock valued at $190,362,000 after acquiring an additional 2,125,250 shares during the last quarter. Samsung C&T Corp raised its stake in shares of NuScale Power by 98.9% in the 3rd quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock valued at $186,689,000 after acquiring an additional 2,578,702 shares during the period. Finally, Clear Street Group Inc. acquired a new position in shares of NuScale Power in the 3rd quarter worth approximately $155,616,000. Hedge funds and other 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.