NuScale Power Corporation (NYSE:SMR) Given Consensus Rating of “Hold” by Analysts

Shares of NuScale Power Corporation (NYSE:SMR) have been given a consensus recommendation of “Hold” by the seventeen brokerages that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $13.50.

Several equities analysts recently issued reports on SMR shares. Royal Bank Of Canada lowered their price target on NuScale Power from $14.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Tuesday, August 11th. Truist Financial started coverage on shares of NuScale Power in a research report on Monday, July 13th. They issued a “hold” rating and a $10.00 price target for the company. Canaccord Genuity Group decreased their price objective on NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Barclays dropped their target price on NuScale Power from $15.00 to $11.00 and set an “equal weight” rating for the company in a report on Wednesday, July 22nd. Finally, Bank of America initiated coverage on NuScale Power in a research report on Friday, May 22nd. They issued a “neutral” rating and a $12.00 price target on the stock.

Key Headlines Impacting NuScale Power

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

• Positive Sentiment: Several Wall Street analysts remain bullish, citing NuScale’s first-mover position in small modular reactors (SMRs), potential demand from data centers and artificial-intelligence infrastructure, and the possibility of large-scale reactor deployments. These expectations help support the stock despite its recent losses. 3 Reasons Wall Street Analysts Remain Bullish on NuScale Power Stock
• Positive Sentiment: NuScale is applying specialized artificial-intelligence tools to its internal workflows. The initiative could improve engineering, productivity, and operating efficiency, although the financial impact is not yet clear. NuScale Just Turned AI on Itself
• Neutral Sentiment: Post-earnings analysis is focused on updated earnings estimates and what they imply for the next phase of trading. The stock’s roughly 3% gain since the report suggests some stabilization, but estimates remain important because NuScale is still operating at a loss. Why Is NuScale Power Up 3% Since Last Earnings Report?
• Neutral Sentiment: A planned Holtec nuclear IPO could increase investor attention on the nuclear-power sector and provide a fresh comparison for SMR companies, but it may also intensify competition for capital. Holtec Nuclear IPO
• Negative Sentiment: Analysts warn that NuScale may need to issue additional shares to fund development, creating ongoing dilution risk for existing shareholders. Wall Street Loves NuScale Power. Here’s the Risk
• Negative Sentiment: NuScale’s latest quarter underscored its speculative profile: revenue was only $0.08 million versus an $8.8 million estimate, down 99.1% year over year, while the company remained unprofitable. The gap between long-term SMR potential and near-term financial performance is likely keeping pressure on the stock. NuScale Earnings Analysis

Insiders Place Their Bets

In related news, COO Carl M. Fisher sold 18,771 shares of the business’s stock in a transaction that occurred 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 in the company, valued at $1,073,760.48. The trade was a 14.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Robert Hamady sold 29,880 shares of the stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $9.39, for a total value of $280,573.20. Following the completion of the transaction, the chief financial officer owned 124,235 shares in the company, valued at $1,166,566.65. The trade was a 19.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 68,651 shares of company stock valued at $633,470 in the last 90 days. 1.28% of the stock is currently owned by insiders.

Institutional Trading of NuScale Power

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SMR. Corient Private Wealth LP lifted its position in NuScale Power by 1,495.8% during the 2nd quarter. Corient Private Wealth LP now owns 338,023 shares of the company’s stock valued at $3,390,000 after purchasing an additional 316,841 shares during the period. Kingsbury Capital Investment Advisors LLC acquired a new position in NuScale Power in the second quarter valued at approximately $207,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in NuScale Power in the second quarter valued at approximately $431,000. California State Teachers Retirement System grew its holdings in NuScale Power by 1,622.5% during the 2nd quarter. California State Teachers Retirement System now owns 3,455,305 shares of the company’s stock worth $344,497,000 after acquiring an additional 3,254,704 shares during the period. Finally, Ameritas Advisory Services LLC bought a new stake in shares of NuScale Power during the 2nd quarter valued at $27,000. 78.37% of the stock is currently owned by institutional investors and hedge funds.

NuScale Power Trading Down 0.4%

NuScale Power stock opened at $9.66 on Monday. NuScale Power has a 1-year low of $7.21 and a 1-year high of $57.42. The firm’s fifty day simple moving average is $9.11 and its 200-day simple moving average is $10.74. The company has a market capitalization of $4.15 billion, a P/E ratio of -3.31 and a beta of 2.30.

NuScale Power (NYSE:SMR) last posted its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.13). The business had revenue of $0.07 million for the quarter, compared to analyst estimates of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. NuScale Power’s revenue was down 99.1% compared to the same quarter last year. During the same period last year, the business posted ($0.11) EPS. On average, equities research analysts predict that NuScale Power will post -0.64 earnings per share for the current year.

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.