Evanson Financial LLC Makes New Investment in NuScale Power Corporation $SMR

Evanson Financial LLC purchased a new position in NuScale Power Corporation (NYSE:SMR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 51,000 shares of the company’s stock, valued at approximately $512,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Van ECK Associates Corp raised its stake in NuScale Power by 117.8% during the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock worth $163,176,000 after acquiring an additional 6,227,747 shares during the period. Renaissance Technologies LLC acquired a new position in NuScale Power in the first quarter valued at approximately $59,141,000. Vanguard Group Inc. grew its holdings in shares of NuScale Power by 40.5% during the fourth quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock valued at $220,273,000 after purchasing an additional 4,482,254 shares during the last quarter. Voloridge Investment Management LLC bought a new position in shares of NuScale Power during the fourth quarter valued at approximately $48,993,000. Finally, Samsung C&T Corp raised its position in shares of NuScale Power by 98.9% during the 3rd quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock worth $186,689,000 after purchasing an additional 2,578,702 shares during the period. 78.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on SMR. Barclays reduced 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. B. Riley Financial dropped their target price on NuScale Power from $24.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Northland Securities set a $16.00 target price on NuScale Power in a research note on Thursday. Canaccord Genuity Group reduced their price target on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating for the company in a report on Thursday. Finally, Citigroup lowered their price target on shares of NuScale Power from $7.50 to $6.50 and set a “sell” rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, NuScale Power presently has an average rating of “Hold” and an average price target of $14.12.

NuScale Power News Roundup

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

• Positive Sentiment: Management emphasized discussions with the Tennessee Valley Authority and near-term deployment readiness. Approved reactor designs, available fuel, qualified suppliers and approximately $1.9 billion in liquidity could help NuScale advance projects despite limited current revenue. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
• Positive Sentiment: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate fuel recycling, manufacturing and other advanced nuclear-fuel-cycle technologies. The agreement may strengthen NuScale’s long-term commercialization prospects and address fuel-supply needs for future reactors. Curio, NuScale Power, and Framatome Sign Strategic MOU
• Positive Sentiment: Northland Securities maintained its Buy rating, while Canaccord Genuity retained a Buy rating despite reducing its price target from $25 to $15. The continued bullish ratings reflect confidence in future reactor deployments, though the lower target signals a more cautious valuation view. Northland Securities Keeps Buy Rating
• Neutral Sentiment: Analyst sentiment remains mixed. Several firms are neutral, and the reported consensus rating is Hold with an average target near $14.12. This suggests potential upside, but also substantial uncertainty around execution and timing. Analysts Are Neutral on NuScale Power
• Neutral Sentiment: COO Carl Fisher sold 18,771 shares worth approximately $176,000 to cover tax withholding on vested equity awards. Because the transaction was tax-related, it may have limited bearish significance, although his direct ownership fell 14.06%. SEC insider transaction filing
• Negative Sentiment: Second-quarter revenue plunged about 99% year over year to roughly $70,000–$80,000, far below the $8.8 million estimate, as RoPower-related work wound down. The $0.13-per-share loss met expectations, but the revenue miss highlights commercialization-timing risk and continuing operating losses. SMR Q2 Earnings Meet Estimates, Revenues Miss
• Negative Sentiment: Citigroup lowered its price target from $7.50 to $6.50 and maintained a Sell rating, implying that current fundamentals do not yet justify the stock’s valuation. Citigroup price-target update

Insider Transactions at NuScale Power

In other NuScale Power news, COO Carl M. Fisher sold 18,771 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $9.36, for a total transaction 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. The trade was a 14.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.28% of the company’s stock.

NuScale Power Trading Up 3.6%

SMR opened at $9.81 on Friday. The business’s 50 day moving average is $9.70 and its 200-day moving average is $11.93. The stock has a market cap of $3.59 billion, a PE ratio of -3.36 and a beta of 2.26. NuScale Power Corporation has a twelve month low of $7.21 and a twelve month high of $57.42.

NuScale Power (NYSE:SMR) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.13). NuScale Power had a negative return on equity of 46.91% 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 period in the prior year, the company posted ($0.11) EPS. The business’s revenue for the quarter was down 99.1% compared to the same quarter last year. As a group, analysts forecast that NuScale Power Corporation will post -0.46 EPS for the current year.

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.