NuScale Power (NYSE:SMR) Stock Price Up 14.3% – What’s Next?

Shares of NuScale Power Corporation (NYSE:SMR) rose 14.3% during trading on Wednesday . The stock traded as high as $13.67 and last traded at $13.5710. Approximately 44,700,834 shares were traded during mid-day trading, an increase of 57% from the average daily volume of 28,527,393 shares. The stock had previously closed at $11.87.

NuScale Power News Roundup

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

• Negative Sentiment: NuScale missed Q1 estimates on both earnings and revenue, reporting a loss of $0.14 per share versus the expected $0.11 loss and just $0.56 million in revenue versus $7.0 million expected; revenue also fell sharply year over year, highlighting continued execution and commercialization challenges. Article Title
• Negative Sentiment: Operating expenses are climbing and RoPower-related activity has slowed, adding to concerns that near-term growth may not be keeping pace with spending. Article Title
• Neutral Sentiment: Fluor fully exited its equity stake in NuScale, which changes the shareholder structure but still leaves Fluor as an EPC partner; investors may view this as a governance/funding shift rather than a direct business setback. Article Title
• Positive Sentiment: Longer-term optimism remains tied to NRC approvals, a potential TVA power purchase agreement later this year, and the 6 GW ENTRA1 program, which could support future demand for NuScale’s small modular reactor technology. Article Title
• Positive Sentiment: Some analysts still see meaningful upside from current levels, with consensus price targets implying about 45% upside if execution improves and earnings estimates trend higher. Article Title

Analyst Upgrades and Downgrades

SMR has been the topic of several research analyst reports. TD Cowen cut shares of NuScale Power from a “buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Canaccord Genuity Group decreased their price target on shares of NuScale Power from $60.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Zacks Research upgraded shares of NuScale Power from a “strong sell” rating to a “hold” rating in a research note on Friday, February 20th. Texas Capital upgraded shares of NuScale Power to a “strong-buy” rating in a research note on Tuesday, January 27th. Finally, Bank of America upgraded shares of NuScale Power from an “underperform” rating to a “neutral” rating and set a $28.00 price target on the stock in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $19.38.

NuScale Power Trading Down 0.5%

The company has a market capitalization of $4.23 billion, a PE ratio of -4.29 and a beta of 2.24. The stock’s 50-day moving average is $11.63 and its two-hundred day moving average is $18.11.

NuScale Power (NYSE:SMR) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.03). NuScale Power had a negative return on equity of 56.54% and a negative net margin of 2,066.55%.The firm had revenue of $0.57 million during the quarter, compared to analysts’ expectations of $7.00 million. NuScale Power’s quarterly revenue was down 95.8% on a year-over-year basis. On average, equities research analysts forecast that NuScale Power Corporation will post -0.44 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Clayton Scott sold 22,478 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $12.22, for a total value of $274,681.16. Following the sale, the insider directly owned 132,852 shares of the company’s stock, valued at $1,623,451.44. This represents a 14.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Robert Ramsey Hamady sold 18,570 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total transaction of $226,925.40. Following the completion of the sale, the chief financial officer directly owned 97,192 shares in the company, valued at $1,187,686.24. This trade represents a 16.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 40,572,082 shares of company stock worth $481,029,608 over the last three months. 1.28% of the stock is currently owned by company 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. Van ECK Associates Corp raised its position in NuScale Power by 117.8% in the 4th 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 period. Vanguard Group Inc. grew its stake in NuScale Power by 40.5% in the 4th quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock worth $220,273,000 after acquiring an additional 4,482,254 shares in the last quarter. Clear Street Group Inc. bought a new position in NuScale Power in the 3rd quarter worth about $155,616,000. Voloridge Investment Management LLC bought a new position in NuScale Power in the 4th quarter worth about $48,993,000. Finally, Samsung C&T Corp grew its stake in NuScale Power by 98.9% in the 3rd quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock worth $186,689,000 after acquiring an additional 2,578,702 shares in the last quarter. 78.37% of the stock is owned by hedge funds and other institutional investors.

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.