NuScale Power (NYSE:SMR) Trading 8.4% Higher – Time to Buy?

NuScale Power Corporation (NYSE:SMR)’s stock price shot up 8.4% during mid-day trading on Tuesday . The company traded as high as $9.97 and last traded at $9.8120. 55,338,314 shares were traded during trading, an increase of 80% from the average daily volume of 30,755,584 shares. The stock had previously closed at $9.05.

NuScale Power News Summary

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

• Positive Sentiment: Nuclear-sector rebound: NuScale shares climbed alongside other nuclear stocks in what analysts described as an oversold bounce. The move appears to reflect renewed interest in nuclear power rather than a company-specific financial catalyst. Nuclear Stocks Rebound on an Oversold Bounce
• Positive Sentiment: AI partnership supports development narrative: NuScale announced that it is deploying nuclear-specific artificial intelligence from NPX and Nuclearn to accelerate development of its advanced small modular reactor program. The technology could improve engineering, documentation, and project-development efficiency, although the announcement did not include financial guidance or new customer commitments. NuScale Power Deploys Nuclear-Specific AI
• Positive Sentiment: Unusually high call-option activity: Traders purchased 78,629 call options, approximately 29% above typical call volume. This suggests increased short-term bullish speculation, though options activity can amplify volatility and does not guarantee further gains.
• Neutral Sentiment: AI-driven electricity demand remains a potential tailwind: Rising power requirements from data centers and artificial-intelligence workloads could improve the long-term case for advanced nuclear reactors. The opportunity remains prospective, with timing, regulation, financing, and customer adoption still uncertain. Can NuScale Power Benefit From Rising AI Power Demand?
• Negative Sentiment: Fundamentals remain weak: NuScale’s latest quarterly revenue fell 99.1% year over year, and the company continues to post losses. Its highly volatile stock remains well below its 52-week high, so today’s strength appears driven more by sector momentum and trading activity than by improved operating results.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. The Goldman Sachs Group set a $9.00 price target on shares of NuScale Power in a research report on Friday, May 8th. Bank of America assumed coverage on NuScale Power in a research report on Friday, May 22nd. They set a “neutral” rating and a $12.00 target price for the company. Canaccord Genuity Group reduced their target price on NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Royal Bank Of Canada decreased their price target on NuScale Power from $14.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 11th. Finally, Barclays dropped their price target on NuScale Power from $15.00 to $11.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $13.50.

NuScale Power Stock Up 8.4%

The firm has a 50 day moving average of $9.32 and a two-hundred day moving average of $11.13. The firm has a market capitalization of $4.22 billion, a price-to-earnings ratio of -3.36 and a beta of 2.26.

NuScale Power (NYSE:SMR) last issued its earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, hitting the consensus estimate of ($0.13). The firm had revenue of $0.07 million during the quarter, compared to the consensus estimate of $8.80 million. NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%.The business’s quarterly revenue was down 99.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.11) earnings per share. Sell-side analysts forecast that NuScale Power Corporation will post -0.64 EPS for the current fiscal year.

Insider Activity at NuScale Power

In other NuScale Power news, Director Shinji Fujino sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $8.86, for a total value of $177,200.00. Following the sale, the director owned 17,242 shares in the company, valued at $152,764.12. This trade represents a 53.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Carl M. Fisher sold 18,771 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total value of $175,696.56. Following the completion of the transaction, the chief operating officer owned 114,718 shares of the company’s stock, valued at $1,073,760.48. The trade was a 14.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.28% of the company’s stock.

Institutional Trading of NuScale Power

A number of hedge funds have recently made changes to their positions in the company. Van ECK Associates Corp grew its stake in shares of NuScale Power by 117.8% in the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock worth $163,176,000 after purchasing an additional 6,227,747 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in NuScale Power during the first quarter worth approximately $59,141,000. Vanguard Group Inc. boosted 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 buying an additional 4,482,254 shares in the last quarter. Voloridge Investment Management LLC acquired a new stake in shares of NuScale Power during the 4th quarter worth approximately $48,993,000. Finally, California State Teachers Retirement System increased its stake in shares of NuScale Power by 1,622.5% in the 2nd quarter. California State Teachers Retirement System now owns 3,455,305 shares of the company’s stock valued at $344,497,000 after acquiring an additional 3,254,704 shares in the last quarter. 78.37% of the stock is owned by institutional investors and hedge funds.

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.