NuScale Power (NYSE:SMR) Stock Price Target Lowered at Cantor Fitzgerald

NuScale Power (NYSE:SMR) had its target price decreased by Cantor Fitzgerald from $20.00 to $15.00 in a research note published on Friday, MarketBeat reports. Cantor Fitzgerald currently has an overweight rating on the stock.

SMR has been the topic of a number of other research reports. Truist Financial dropped their price objective on NuScale Power from $10.00 to $8.00 and set a “hold” rating on the stock in a report on Thursday, October 22nd. Northland Securities set a $16.00 target price on NuScale Power in a report on Thursday, August 6th. Wedbush assumed coverage on shares of NuScale Power in a research report on Tuesday. They set an “underperform” rating and a $5.00 target price on the stock. Canaccord Genuity Group decreased their target price on shares of NuScale Power from $15.00 to $11.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Barclays cut shares of NuScale Power from an “equal weight” rating to an “underweight” rating and lowered their price target for the stock from $11.00 to $5.00 in a research note on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $8.73.

NuScale Power Price Performance

NYSE SMR traded up $0.64 on Friday, hitting $5.01. 40,698,565 shares of the company’s stock were exchanged, compared to its average volume of 31,305,372. The firm’s 50-day moving average price is $7.44 and its two-hundred day moving average price is $10.56. NuScale Power has a fifty-two week low of $4.28 and a fifty-two week high of $32.09. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of -4.24 and a beta of 2.42.

NuScale Power (NYSE:SMR) last issued its earnings results on Thursday, November 5th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.01. The business had revenue of $0.28 million during the quarter, compared to the consensus estimate of $3.66 million. NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%. The company’s revenue for the quarter was down 96.6% on a year-over-year basis. During the same period in the prior year, the business posted ($1.85) EPS. On average, research analysts predict that NuScale Power will post -0.59 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Robert Hamady sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $7.89, for a total transaction of $157,800.00. Following the sale, the chief financial officer owned 144,235 shares of the company’s stock, valued at $1,138,014.15. The trade was a 12.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 value of $177,200.00. Following the sale, the director directly owned 17,242 shares in the company, valued at $152,764.12. This trade represents a 53.70% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 69,880 shares of company stock valued at $615,573. Insiders own 1.28% of the company’s stock.

Institutional Trading of NuScale Power

Several large investors have recently bought and sold shares of SMR. Renaissance Technologies LLC acquired a new position in shares of NuScale Power during the 1st quarter worth $59,141,000. Bank of America Corp DE grew its stake in NuScale Power by 33.4% in the 1st quarter. Bank of America Corp DE now owns 2,062,232 shares of the company’s stock valued at $22,355,000 after acquiring an additional 516,097 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in NuScale Power in the 3rd quarter valued at about $12,785,000. Swedbank AB increased its holdings in NuScale Power by 36.3% during the 1st quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock valued at $16,285,000 after acquiring an additional 400,240 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in NuScale Power by 21.9% during the 1st quarter. Bank of New York Mellon Corp now owns 482,517 shares of the company’s stock valued at $5,230,000 after acquiring an additional 86,652 shares in the last quarter. Institutional investors and hedge funds own 78.37% of the company’s stock.

Key Stories Impacting NuScale Power

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

• Positive Sentiment: NuScale says it has begun moving from reactor development toward physical module manufacturing, working with Doosan Enerbility. The company cited about $1.9 billion in liquidity and its NRC-approved reactor design; securing commercial orders, including progress in negotiations with the Tennessee Valley Authority, remains important. SMR Q3 Earnings Call Highlights Shift to Module Manufacturing
• Positive Sentiment: SMR shares benefited from a rebound in nuclear stocks, while NuScale’s CEO said the company is not reliant on data-center demand. That may help ease concerns that its prospects depend on a single source of electricity demand. NuScale: We’re “Not Reliant on Data Centers”
• Neutral Sentiment: Analyst views diverged: Cantor Fitzgerald lowered its target to $15 but maintained an Overweight rating, while RBC cut its target to $5 and kept Sector Perform. Canaccord price-target report
• Negative Sentiment: Citigroup cut its price target from $4 to $3.50 and rated the stock Sell, adding to pressure from analysts reassessing the shares. Citigroup rating information
• Negative Sentiment: Third-quarter revenue was only $0.28 million, far below the $3.66 million analyst estimate and down 96.6% year over year. The $0.11-per-share loss was slightly better than the $0.12 consensus, but the revenue shortfall highlights the distance between manufacturing progress and meaningful sales. NuScale Power Reports Third Quarter 2026 Results

NuScale Power Company Profile

NuScale Power Corporation develops small modular reactor (SMR) technology for producing electricity and other forms of low-carbon energy. The company’s core product is the NuScale Power Module, a compact pressurized-water reactor designed to be manufactured in a factory, transported to a site and deployed in scalable configurations.

NuScale markets its technology through the VOYGR power plant platform, which can combine multiple reactor modules to meet the needs of utilities, industrial users and other customers.