NuScale Power Corporation (NYSE:SMR – Get Free Report)’s share price was up 1.4% on Thursday . The stock traded as high as $13.48 and last traded at $13.36. Approximately 26,152,547 shares changed hands during trading, a decline of 10% from the average daily volume of 28,959,639 shares. The stock had previously closed at $13.18.
NuScale Power News Summary
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: Romania project reaches FID and moves into implementation — Romania’s plan to convert coal plants to NuScale SMRs reportedly secured a final investment decision and is entering implementation, which, if delivered, would be a meaningful commercialization milestone and potential long‑term revenue driver. Read More.
- Positive Sentiment: AI partnership with Oak Ridge National Laboratory — NuScale announced a strategic tie‑up to apply AI to fuel and operations R&D, enhancing technical differentiation and potentially reducing operating costs or improving fuel efficiency over time. This supports the company’s long‑term value thesis if it helps lower lifecycle costs for customers. Read More.
- Neutral Sentiment: Analysts and retail outlets highlight upside from oversold levels — Several pieces argue the stock is deeply discounted versus prior highs and cite AI/datagrowth demand for reliable baseload power, suggesting material upside if NuScale converts pipeline into funded projects; these are scenario‑dependent and hinge on contract wins and financing. Read More.
- Neutral Sentiment: Buy‑before‑earnings arguments vs. execution risk — Some commentators recommend buying ahead of earnings on valuation and NRC approvals, but caution that the company has not yet turned revenue into consistent profits. Read More.
- Negative Sentiment: Widespread securities‑fraud class actions and law‑firm alerts create a legal overhang — Multiple firms (BFA, Pomerantz, Bronstein, Rosen, Faruqi, Levi & Korsinsky, et al.) have filed or announced investigations alleging material misstatements/omissions around NuScale’s commercialization strategy and ENTRA1 issues. The filings cite a prior stock drop and set an April 20 deadline for lead‑plaintiff motions — litigation risk, potential discovery, and damage exposure are weighing on investor sentiment. Read More.
- Negative Sentiment: Short interest has jumped — Short interest rose ~18.8% in February to ~43.8M shares (about 14.9% of shares), increasing downward pressure and the potential for volatile trading. Elevated shorting signals bearish positioning and market skepticism.
- Negative Sentiment: Execution questions persist: reactor deals remain elusive and insiders selling flagged — Coverage notes NuScale faces an earnings test and still needs funded reactor contracts; separate articles flag insider selling and analyst downgrades tied to execution risk, reinforcing near‑term downside if contract momentum doesn’t appear. Read More. Read More.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group reissued a “neutral” rating and set a $20.00 price target on shares of NuScale Power in a research report on Wednesday, February 4th. Zacks Research raised shares of NuScale Power from a “strong sell” rating to a “hold” rating in a report on Friday, February 20th. TD Cowen downgraded shares of NuScale Power from a “buy” rating to a “hold” rating in a report on Wednesday, February 11th. B. Riley Financial reduced their target price on NuScale Power from $38.00 to $24.00 and set a “buy” rating for the company in a research note on Monday, December 22nd. Finally, Barclays dropped their price target on NuScale Power from $45.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $28.19.
NuScale Power Stock Up 1.4%
The stock has a market cap of $3.99 billion, a PE ratio of -4.67 and a beta of 2.14. The business has a 50 day moving average price of $16.90 and a 200 day moving average price of $27.40.
NuScale Power (NYSE:SMR – Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.70). The company had revenue of $1.81 million during the quarter, compared to analyst estimates of $8.76 million. NuScale Power had a negative net margin of 594.63% and a negative return on equity of 51.27%. On average, research analysts predict that NuScale Power Corporation will post -0.73 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other NuScale Power news, CFO Robert Ramsey Hamady sold 40,000 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $22.17, for a total value of $886,800.00. Following the completion of the transaction, the chief financial officer owned 46,283 shares in the company, valued at approximately $1,026,094.11. This represents a 46.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.20% of the company’s stock.
Institutional Trading of NuScale Power
Several institutional investors have recently bought and sold shares of the business. Strategic Advocates LLC acquired a new position in shares of NuScale Power during the 3rd quarter worth approximately $25,000. CX Institutional purchased a new stake in NuScale Power in the 3rd quarter worth $25,000. Nemes Rush Group LLC acquired a new position in NuScale Power during the third quarter worth $25,000. Indiana Trust & Investment Management Co purchased a new position in NuScale Power during the third quarter valued at $34,000. Finally, Accredited Wealth Management LLC acquired a new stake in shares of NuScale Power in the third quarter valued at about $35,000. 78.37% of the stock is owned by institutional investors and hedge funds.
About NuScale Power
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.
Further Reading
- Five stocks we like better than NuScale Power
- Read this or regret it forever
- This makes me furious
- The free stock picks nobody’s talking about
- Elon Musk: This Could Turn $100 into $100,000
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for NuScale Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NuScale Power and related companies with MarketBeat.com's FREE daily email newsletter.
