NuScale Power (NYSE:SMR) Trading Down 5.5% – Here’s What Happened

NuScale Power Corporation (NYSE:SMR) traded down 5.5% on Wednesday . The company traded as low as $9.06 and last traded at $9.27. Approximately 51,376,299 shares traded hands during mid-day trading, an increase of 66% from the average session volume of 30,881,518 shares. The stock had previously closed at $9.81.

NuScale Power News Roundup

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

• Positive Sentiment: NuScale announced partnerships with Nuclearn and NPX to deploy nuclear-specific AI tools. The technology is intended to accelerate engineering, improve information retrieval and project execution, and reduce technical search times by as much as 80%. NuScale Power Deploys Nuclear-Specific AI from NPX and Nuclearn to Speed Development of Its Advanced Reactor Program
• Positive Sentiment: Investors are also watching NuScale’s agreement involving the Tennessee Valley Authority, which commentators describe as a potentially transformational nuclear contract and the company’s most important near-term catalyst. The deal could support future reactor deployment and revenue, although its ultimate financial impact and timing remain uncertain. NuScale’s TVA Deal Could Be the Biggest Nuclear Contract in U.S. History
• Neutral Sentiment: Unusual options activity showed investors purchasing approximately 78,629 call options, about 29% above average. This may indicate speculative bullish interest, but options positioning does not guarantee sustained buying in the stock.
• Negative Sentiment: Short sellers reportedly generated significant profits betting against NuScale as enthusiasm for small modular reactor stocks cooled, reinforcing concerns about valuation, execution and the company’s ability to convert long-term opportunities into commercial revenue. NuScale Power Short Seller Profits Send Stark Warning to Investors
• Negative Sentiment: The broader nuclear complex was also under pressure, with other nuclear and uranium stocks declining. That sector-wide selling overwhelmed the favorable reaction to NuScale’s AI announcement.
• Negative Sentiment: NuScale’s underlying financial profile remains weak: its latest reported quarter showed minimal revenue, a substantial loss and a sharp year-over-year revenue decline. As a result, investors appear to be prioritizing proof of contracts, deployment and future cash flow over efficiency initiatives.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on SMR shares. Northland Securities set a $16.00 price target on NuScale Power in a research report on Thursday, August 6th. Barclays lowered their price objective on NuScale Power from $15.00 to $11.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 22nd. The Goldman Sachs Group set a $9.00 price objective on NuScale Power in a research note on Friday, May 8th. Truist Financial started coverage on shares of NuScale Power in a report on Monday, July 13th. They issued a “hold” rating and a $10.00 target price on the stock. Finally, Canaccord Genuity Group decreased their target price 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. One investment 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $13.50.

NuScale Power Price Performance

The company has a market capitalization of $3.98 billion, a P/E ratio of -3.17 and a beta of 2.26. The company has a 50 day moving average of $9.32 and a 200-day moving average of $11.08.

NuScale Power (NYSE:SMR) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, meeting analysts’ consensus estimates of ($0.13). NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%.The business had revenue of $0.07 million during the quarter, compared to analyst estimates of $8.80 million. During the same quarter in the prior year, the company posted ($0.11) EPS. NuScale Power’s quarterly revenue was down 99.1% compared to the same quarter last year. Research analysts predict that NuScale Power Corporation will post -0.64 EPS for the current fiscal year.

Insider Buying and Selling

In related news, COO Carl M. Fisher sold 18,771 shares of the firm’s stock in a transaction 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 sale, the chief operating officer owned 114,718 shares of the company’s stock, valued at $1,073,760.48. This trade represents a 14.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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 firm’s stock in a transaction 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 completion of the sale, the director directly owned 17,242 shares of the company’s stock, valued at $152,764.12. The trade was a 53.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.28% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NuScale Power

A number of large investors have recently modified their holdings of SMR. Kingsbury Capital Investment Advisors LLC bought a new position in NuScale Power in the second quarter worth about $207,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in NuScale Power during the 2nd quarter valued at approximately $431,000. California State Teachers Retirement System boosted its position in NuScale Power by 1,622.5% during the 2nd quarter. California State Teachers Retirement System now owns 3,455,305 shares of the company’s stock valued at $344,497,000 after acquiring an additional 3,254,704 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of NuScale Power during the 2nd quarter worth approximately $27,000. Finally, AlphaGrep UK Ltd purchased a new position in shares of NuScale Power during the 2nd quarter worth approximately $307,000. Institutional investors own 78.37% of the company’s stock.

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.