NuScale Power (NYSE:SMR) Stock Price Down 3.5% – Should You Sell?

NuScale Power Corporation (NYSE:SMR) dropped 3.5% during mid-day trading on Wednesday . The company traded as low as $10.75 and last traded at $10.7920. 22,603,097 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 30,829,141 shares. The stock had previously closed at $11.18.

Key Stories Impacting NuScale Power

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

• Positive Sentiment: Commercialization is the key upside catalyst. NuScale’s outlook largely depends on turning its reactor technology and prospective projects into firm, financed customer orders and actual deployments. Successful execution could materially improve the company’s growth prospects. NuScale Power: 1 Catalyst That Will Make or Break This Nuclear Stock
• Positive Sentiment: NuScale’s cash position provides financial flexibility. Following a roughly 70% decline from prior highs, one analysis argues the stock is becoming more attractive, particularly because the company reportedly holds approximately $1.9 billion in cash to fund operations and development. NuScale Is Already Down 70%. Here’s the Price I’d Actually Start Buying
• Positive Sentiment: Hydrogen could expand NuScale’s addressable market. Its modular reactors could provide carbon-free electricity and heat for hydrogen production near industrial customers, offering a potential growth avenue beyond electricity generation. Can Hydrogen Become a Key Growth Driver for NuScale Power?
• Positive Sentiment: Sector momentum has supported SMR. Nuclear and uranium shares recently attracted buying interest as investors considered rising power demand from hyperscalers and the need for reliable, low-carbon electricity. NuScale Power Spikes 13%, Oklo Climbs 7%
• Neutral Sentiment: Unusually high call-option activity signals speculative interest. Investors purchased 137,306 call options, about 138% above typical daily volume. This may reflect bullish positioning, but options activity does not guarantee sustained buying in the shares. NuScale Power Sees Unusually High Options Volume
• Negative Sentiment: Fundamentals remain weak. NuScale’s latest quarter included a 99.1% year-over-year revenue decline to approximately $0.08 million, while the company remains loss-making. The sharp gap between current revenue and its long-term ambitions increases execution risk. NuScale Power Stock Broke Out in August. Is It a Buy?
• Negative Sentiment: Relative analyst sentiment is unfavorable. In a comparison with Oklo, analysts reportedly see stronger prospects in Oklo and favor buying it over NuScale, potentially limiting institutional support for SMR. NuScale Stock vs. Oklo Stock

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on SMR shares. Canaccord Genuity Group dropped their price objective on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Truist Financial assumed coverage on shares of NuScale Power in a report on Monday, July 13th. They set a “hold” rating and a $10.00 price target on the stock. B. Riley Financial cut their price objective on NuScale Power from $19.00 to $15.00 and set a “buy” rating for the company in a report on Friday, August 14th. Bank of America assumed coverage on NuScale Power in a research note on Friday, May 22nd. They issued a “neutral” rating and a $12.00 target price on the stock. Finally, Barclays cut 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 research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $13.50.

NuScale Power Stock Down 3.5%

The business has a 50-day simple moving average of $9.12 and a 200-day simple moving average of $10.68. The stock has a market cap of $4.64 billion, a P/E ratio of -3.70 and a beta of 2.30.

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

Insider Transactions at NuScale Power

In related news, CFO Robert Hamady sold 29,880 shares of the firm’s stock in a transaction that occurred 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 sale, the chief financial officer owned 124,235 shares of the company’s stock, valued at $1,166,566.65. This trade represents a 19.39% decrease in their ownership of the stock. The sale 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, Director Shinji Fujino sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $8.86, for a total transaction of $177,200.00. Following the completion of the transaction, the director owned 17,242 shares of the company’s stock, valued at $152,764.12. This trade represents a 53.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 68,651 shares of company stock valued at $633,470 in the last three months. 1.28% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NuScale Power

Hedge funds and other institutional investors have recently made changes to their positions in the company. Van ECK Associates Corp boosted its holdings in NuScale Power by 117.8% in the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock valued at $163,176,000 after acquiring an additional 6,227,747 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of NuScale Power in the 1st quarter valued at about $59,141,000. Voloridge Investment Management LLC acquired a new stake in shares of NuScale Power during the 4th quarter worth approximately $48,993,000. California State Teachers Retirement System raised its stake in shares of NuScale Power by 1,622.5% during the second quarter. California State Teachers Retirement System now owns 3,455,305 shares of the company’s stock worth $344,497,000 after buying an additional 3,254,704 shares during the last quarter. Finally, Samsung C&T Corp lifted its holdings in NuScale Power by 98.9% in the third quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock valued at $186,689,000 after buying an additional 2,578,702 shares during the period. 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.