NuScale Power (NYSE:SMR) Shares Down 10% – Here’s What Happened

NuScale Power Corporation (NYSE:SMR) shares traded down 10% on Thursday . The company traded as low as $13.97 and last traded at $14.01. 35,191,866 shares traded hands during trading, an increase of 16% from the average session volume of 30,424,664 shares. The stock had previously closed at $15.57.

Key Stories Impacting NuScale Power

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

• Positive Sentiment: NuScale announced an official collaboration with Oak Ridge National Laboratory to explore AI-guided nuclear fuel management across multiple reactors — a technology validation that could improve operating efficiency, reduce fuel costs and strengthen NuScale’s product competitiveness. BusinessWire: NuScale–ORNL collaboration
• Positive Sentiment: Romania’s SMR program appears to be advancing: World Nuclear News reports a Final Investment Decision for Romania’s SMR project, which — if it proceeds on schedule — supports NuScale’s backlog and first-of-a-kind deployment prospects. World Nuclear News: Romania FID
• Positive Sentiment: Nuclearelectrica shareholders approved the Doicesti SMR investment, reducing near-term political/approval risk for the Romanian project that will use NuScale technology. This is a concrete step toward project execution. SeeNews: Shareholder approval
• Neutral Sentiment: Retail and social commentary have reacted positively to the ORNL partnership, calling NuScale a “real player” — helpful for sentiment but not a substitute for contract wins or revenue. MSN: Retail reaction
• Negative Sentiment: Analyst caution: TD Cowen downgraded NuScale to a hold citing vote/delay risk on the Romania project and the potential for the company’s first SMR deployment to slip to 2034 — a catalyst that could push out revenue and cash flow. Investing.com: TD Cowen downgrade
• Negative Sentiment: Deep-dive skeptical coverage highlights valuation and financing risks (one piece calls out “death spiral” concerns and a rating downgrade risk), underscoring high uncertainty around cash burn, dilution and timeline execution. These narratives can pressure the stock until firm contracts and schedule clarity arrive. Seeking Alpha: Risk analysis
• Negative Sentiment: Technical/valuation headwinds remain: the shares trade well below the 50- and 200-day moving averages, the company shows negative earnings (negative P/E), and analysts warn of potential dilution — all factors that increase downside volatility until execution and cash-flow visibility improve. Yahoo Finance: Valuation & delay analysis

Analyst Upgrades and Downgrades

A number of analysts have commented on SMR shares. B. Riley Financial lowered their target price on shares of NuScale Power from $38.00 to $24.00 and set a “buy” rating for the company in a report on Monday, December 22nd. Wall Street Zen downgraded NuScale Power from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. UBS Group set a $20.00 target price on NuScale Power in a research note on Tuesday, November 25th. BNP Paribas Exane lowered NuScale Power from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 21st. Finally, Texas Capital upgraded shares of NuScale Power to a “strong-buy” rating in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $33.19.

NuScale Power Stock Up 2.3%

The firm has a market capitalization of $4.27 billion, a price-to-earnings ratio of -5.00 and a beta of 2.14. The business’s fifty day moving average is $17.76 and its 200 day moving average is $29.31.

Insider Activity

In other NuScale Power news, CFO Robert Ramsey Hamady sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $22.17, for a total transaction of $886,800.00. Following the transaction, the chief financial officer owned 46,283 shares of the company’s stock, valued at $1,026,094.11. The trade was a 46.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.20% of the company’s stock.

Institutional Trading of NuScale Power

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CX Institutional acquired a new position in NuScale Power during the third quarter worth approximately $25,000. Nemes Rush Group LLC bought a new stake in NuScale Power in the 3rd quarter valued at $25,000. Strategic Advocates LLC acquired a new stake in NuScale Power during the 3rd quarter valued at $25,000. Indiana Trust & Investment Management Co bought a new position in NuScale Power during the third quarter worth $34,000. Finally, Harbour Investments Inc. increased its holdings in shares of NuScale Power by 32.4% in the fourth quarter. Harbour Investments Inc. now owns 2,419 shares of the company’s stock valued at $34,000 after purchasing an additional 592 shares during the last quarter. 78.37% of the stock is owned by 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.