NuScale Power (NYSE:SMR) Sets New 52-Week Low – Here’s What Happened

NuScale Power Corporation (NYSE:SMR) reached a new 52-week low on Wednesday. The stock traded as low as $5.19 and last traded at $5.0950, with a volume of 9,187,980 shares. The stock had previously closed at $5.37.

More NuScale Power News

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

• Positive Sentiment: NuScale is advancing manufacturing with Doosan, moving into first-article production. The step supports manufacturing readiness, though it does not itself represent a reactor order or customer contract. NuScale Power Advances SMR Manufacturing With Doosan
• Neutral Sentiment: NuScale is scheduled to report third-quarter 2026 results Thursday, making the report a near-term catalyst. A valuation screen cited in an earnings preview estimates substantial upside, but that is a model-based assessment, not a company outlook. Earnings To Watch: NuScale Power Corp (SMR) Q3 2026
• Neutral Sentiment: A market report projects growth in the global small modular reactor market, which could support long-term industry demand, but does not establish near-term business for NuScale. Global Small Modular Reactor Market to Reach US$7.2 Billion by 2032
• Negative Sentiment: Wedbush initiated coverage with an Underperform rating and a $5 price target, pointing to doubts about NuScale securing orders. The bearish view adds pressure while the company still lacks a first customer for its reactor design. Wedbush Starts NuScale Power at Underperform Barclays Turned Bearish on NuScale Power
• Negative Sentiment: Coverage also notes that analyst price targets have fallen sharply over the past year and questions whether the stock remains overvalued. Separately, recent weakness in small-reactor shares, including NuScale, reflects broader sector selling. NuScale Price Target Has Collapsed 73% in a Year X-energy Lost 23% in a Month

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Citigroup cut their price target on NuScale Power from $6.50 to $4.00 and set a “sell” rating for the company in a report on Wednesday, October 21st. Truist Financial decreased their price target on shares of NuScale Power from $10.00 to $8.00 and set a “hold” rating on the stock in a research report on Thursday, October 22nd. Royal Bank Of Canada cut their price objective on shares of NuScale Power from $14.00 to $10.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 11th. Canaccord Genuity Group cut their price objective on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of NuScale Power in a research note on Monday, September 21st. One investment 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $10.23.

NuScale Power Trading Down 3.8%

The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of -1.77 and a beta of 2.42. The company has a 50 day moving average price of $7.73 and a 200 day moving average price of $10.78.

NuScale Power (NYSE:SMR) last released its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, meeting the consensus estimate of ($0.13). NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%. The firm had revenue of $0.07 million for the quarter, compared to analyst estimates of $8.80 million. During the same quarter in the prior year, the firm posted ($0.11) earnings per share. The company’s quarterly revenue was down 99.1% on a year-over-year basis. Equities analysts predict that NuScale Power Corporation will post -0.63 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Shinji Fujino sold 20,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $8.86, for a total transaction of $177,200.00. Following the transaction, the director directly owned 17,242 shares in the company, valued at $152,764.12. The trade was a 53.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Robert Hamady sold 29,880 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $9.39, for a total value of $280,573.20. Following the completion of the sale, the chief financial officer directly owned 124,235 shares of the company’s stock, valued at approximately $1,166,566.65. The trade was a 19.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 69,880 shares of company stock valued at $615,573. 1.28% of the stock is owned by insiders.

Hedge Funds Weigh In On NuScale Power

Several institutional investors and hedge funds have recently modified their holdings of the business. Parallel Advisors LLC grew its stake in shares of NuScale Power by 1.8% during the first quarter. Parallel Advisors LLC now owns 59,898 shares of the company’s stock valued at $649,000 after buying an additional 1,053 shares during the last quarter. Concorde Asset Management LLC increased its stake in NuScale Power by 9.8% in the first quarter. Concorde Asset Management LLC now owns 12,390 shares of the company’s stock worth $134,000 after purchasing an additional 1,110 shares during the period. Allspring Global Investments Holdings LLC increased its stake in NuScale Power by 14.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 11,985 shares of the company’s stock worth $123,000 after purchasing an additional 1,468 shares during the period. D.A. Davidson & CO. increased its stake in NuScale Power by 4.5% in the first quarter. D.A. Davidson & CO. now owns 36,227 shares of the company’s stock worth $393,000 after purchasing an additional 1,568 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of NuScale Power by 9.4% during the first quarter. Geneos Wealth Management Inc. now owns 21,448 shares of the company’s stock worth $232,000 after purchasing an additional 1,846 shares during the last quarter. 78.37% of the stock is currently owned by institutional investors and hedge funds.

About NuScale Power

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.