NuScale Power (NYSE:SMR) Stock Price Down 7.6% – Should You Sell?

NuScale Power Corporation (NYSE:SMR) shares traded down 7.6% on Friday . The stock traded as low as $17.33 and last traded at $17.48. 25,441,395 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 32,614,725 shares. The stock had previously closed at $18.92.

Trending Headlines about NuScale Power

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

• Positive Sentiment: Texas Capital upgraded NuScale to a “strong-buy,” providing some analyst support that may attract buyers. Article Title
• Negative Sentiment: A securities investigation has been launched by Robbins Geller Rudman & Dowd into potential violations involving NuScale, which typically raises legal and disclosure risk and can prompt selling pressure. Article Title
• Negative Sentiment: An analyst trimmed NuScale’s price target by $11, signaling reduced expectations for the stock and likely contributing to downward pressure. Article Title
• Negative Sentiment: Unusually large put-option activity was recorded (145,933 puts, ~36% above typical put volume), indicating elevated bearish bets or hedging demand that can amplify near-term volatility and downside pressure.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on SMR shares. Citigroup restated a “sell” rating and issued a $37.50 price objective (down previously from $46.00) on shares of NuScale Power in a research report on Tuesday, October 21st. BNP Paribas Exane lowered NuScale Power from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 21st. UBS Group set a $20.00 price objective on NuScale Power in a report on Tuesday, November 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a research note on Monday, December 29th. Finally, Royal Bank Of Canada set a $21.00 target price on shares of NuScale Power in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $33.42.

NuScale Power Trading Down 7.6%

The company has a 50 day simple moving average of $18.49 and a 200 day simple moving average of $31.43. The stock has a market cap of $5.22 billion, a P/E ratio of -6.11 and a beta of 2.12.

NuScale Power (NYSE:SMR) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($1.85) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($1.74). The business had revenue of $8.24 million for the quarter, compared to the consensus estimate of $11.29 million. NuScale Power had a negative return on equity of 51.27% and a negative net margin of 594.63%.NuScale Power’s revenue was up 1635.2% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.18) earnings per share. As a group, sell-side analysts expect that NuScale Power Corporation will post -0.73 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Robert Ramsey Hamady sold 40,000 shares of the stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $22.17, for a total transaction of $886,800.00. Following the completion of the transaction, the chief financial officer directly owned 46,283 shares in the company, valued at $1,026,094.11. This represents a 46.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. State of New Jersey Common Pension Fund D increased its position in shares of NuScale Power by 57.7% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 100,133 shares of the company’s stock worth $1,419,000 after purchasing an additional 36,620 shares during the last quarter. Harbor Advisors LLC bought a new position in shares of NuScale Power in the fourth quarter valued at $177,000. Wealthfront Advisers LLC increased its holdings in NuScale Power by 118.0% during the fourth quarter. Wealthfront Advisers LLC now owns 18,647 shares of the company’s stock worth $264,000 after buying an additional 10,092 shares during the last quarter. R Squared Ltd raised its position in NuScale Power by 115.3% during the fourth quarter. R Squared Ltd now owns 13,510 shares of the company’s stock worth $191,000 after acquiring an additional 7,235 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its stake in NuScale Power by 61.6% in the fourth quarter. D.A. Davidson & CO. now owns 34,659 shares of the company’s stock valued at $491,000 after acquiring an additional 13,210 shares during the last quarter. 78.37% of the stock is currently owned by institutional investors.

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.