NuScale Power (NYSE:SMR) Shares Up 3% – What’s Next?

Shares of NuScale Power Corporation (NYSE:SMR) were up 3% on Thursday . The stock traded as high as $10.14 and last traded at $9.8820. 34,935,823 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 30,429,609 shares. The stock had previously closed at $9.59.

Key Stories Impacting NuScale Power

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

• Positive Sentiment: NuScale’s proposed partnership with the Tennessee Valley Authority could create licensing, engineering and equipment opportunities connected to as much as 6 gigawatts of new nuclear capacity. Converting the opportunity into contracts would materially improve the company’s growth outlook. Can NuScale’s TVA Opportunity Unlock Its Next Growth Phase?
• Positive Sentiment: Management is emphasizing commercial readiness and reported a $1.9 billion liquidity boost, giving NuScale more financial flexibility to advance projects, licensing and manufacturing plans. NuScale Power Q2 2026 Earnings Call Transcript
• Positive Sentiment: Analysts and commentators point to NuScale’s regulatory progress, conventional-fuel design and potentially repeatable manufacturing model as advantages that could make its technology a foundational platform for the next nuclear-energy buildout. NuScale Could Become the Standard Platform for Nuclear Energy
• Positive Sentiment: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate nuclear-fuel solutions, potentially strengthening the company’s fuel-supply and technology ecosystem. NuScale Power, Curio, Framatome Sign MOU
• Neutral Sentiment: An analyst raised NuScale’s third-quarter EPS estimate, a modestly favorable change, although the company remains loss-making and revenue visibility is limited. Q3 EPS Estimate for NuScale Power Increased
• Neutral Sentiment: A potential Westinghouse IPO could increase investor attention toward nuclear stocks, including NuScale, but it would also give investors another public nuclear-energy company for comparison. A Westinghouse IPO Could Reset the Nuclear Stock Conversation
• Negative Sentiment: Royal Bank of Canada issued a pessimistic price forecast, underscoring concerns that NuScale’s valuation already reflects substantial future success. Royal Bank of Canada Issues Pessimistic Forecast for NuScale Power
• Negative Sentiment: Commentary highlights the key risk: NuScale’s rich valuation requires major project opportunities, such as TVA, to convert into binding contracts. The company’s weak revenue and ongoing losses increase the consequences of delays. Can NuScale’s Commercial Potential Justify Its Valuation?

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on SMR shares. Barclays dropped their price target on shares of NuScale Power from $15.00 to $11.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 22nd. Truist Financial started coverage on NuScale Power in a research note on Monday, July 13th. They set a “hold” rating and a $10.00 target price for the company. HSBC started coverage on NuScale Power in a research report on Thursday, April 23rd. They set a “hold” rating and a $13.00 target price on the stock. The Goldman Sachs Group set a $9.00 price target on NuScale Power in a research note on Friday, May 8th. Finally, Royal Bank Of Canada reduced their price target on NuScale Power from $14.00 to $10.00 and set a “sector perform” rating for the company in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $13.81.

NuScale Power Trading Up 3.0%

The company has a market cap of $3.61 billion, a P/E ratio of -3.38 and a beta of 2.26. The company’s 50-day moving average price is $9.49 and its two-hundred day moving average price is $11.65.

NuScale Power (NYSE:SMR) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, hitting the consensus estimate of ($0.13). The business had revenue of $0.07 million for the quarter, compared to analysts’ expectations of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. The company’s quarterly revenue was down 99.1% compared to the same quarter last year. During the same quarter last year, the company posted ($0.11) earnings per share. As a group, analysts anticipate that NuScale Power Corporation will post -0.43 earnings per share for the current year.

Insider Buying and Selling

In other news, COO Carl M. Fisher sold 18,771 shares of NuScale Power stock in a transaction that occurred on Wednesday, August 5th. The stock was 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 approximately $1,073,760.48. This trade represents a 14.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.28% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On NuScale Power

Several large investors have recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC boosted its holdings in NuScale Power by 1,550.9% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company’s stock worth $25,000 after purchasing an additional 1,675 shares during the period. Assetmark Inc. raised its holdings in shares of NuScale Power by 1,940.3% during the first quarter. Assetmark Inc. now owns 2,428 shares of the company’s stock worth $26,000 after purchasing an additional 2,309 shares during the period. Ameriflex Group Inc. acquired a new stake in shares of NuScale Power during the fourth quarter worth $30,000. Strategic Advocates LLC lifted its position in shares of NuScale Power by 233.0% in the 4th quarter. Strategic Advocates LLC now owns 2,321 shares of the company’s stock worth $33,000 after buying an additional 1,624 shares during the last quarter. Finally, Harbour Investments Inc. lifted its position in shares of NuScale Power by 32.4% in the 4th quarter. Harbour Investments Inc. now owns 2,419 shares of the company’s stock worth $34,000 after buying an additional 592 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.