NuScale Power (NYSE:SMR) Upgraded by Northland Securities to Outperform Rating

Northland Securities upgraded shares of NuScale Power (NYSE:SMR) from a market perform rating to an outperform rating in a research report report published on Friday, Marketbeat Ratings reports. Northland Securities currently has $21.00 price objective on the stock.

SMR has been the topic of a number of other research reports. Wall Street Zen lowered NuScale Power from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a report on Monday, December 29th. Barclays lowered their price objective on shares of NuScale Power from $45.00 to $15.00 and set an “equal weight” rating for the company in a research report on Monday, February 23rd. Cantor Fitzgerald reduced their target price on shares of NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, Bank of America raised shares of NuScale Power from an “underperform” rating to a “neutral” rating and set a $28.00 price target on the stock in a research note on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $24.42.

NuScale Power Stock Down 3.8%

NYSE:SMR traded down $0.51 on Friday, reaching $12.82. The stock had a trading volume of 24,812,535 shares, compared to its average volume of 23,783,178. The company has a market capitalization of $3.83 billion, a P/E ratio of -4.44 and a beta of 2.14. NuScale Power has a 1-year low of $11.08 and a 1-year high of $57.42. The stock has a fifty day moving average price of $16.79 and a 200-day moving average price of $27.13.

NuScale Power (NYSE:SMR) last posted its earnings results on Thursday, February 26th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.70). The firm had revenue of $1.81 million during the quarter, compared to the consensus estimate of $8.76 million. NuScale Power had a negative net margin of 1,130.26% and a negative return on equity of 72.95%. Sell-side analysts predict that NuScale Power will post -0.73 earnings per share for the current fiscal year.

Insider Buying and Selling at NuScale Power

In related news, CFO Robert Ramsey Hamady sold 40,000 shares of the stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $22.17, for a total value of $886,800.00. Following the transaction, the chief financial officer directly owned 46,283 shares in the company, valued at $1,026,094.11. This represents a 46.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its stake in shares of NuScale Power by 623.4% during the first quarter. Royal Bank of Canada now owns 457,276 shares of the company’s stock worth $6,475,000 after purchasing an additional 394,065 shares during the period. AQR Capital Management LLC boosted its holdings in NuScale Power by 37.4% during the first quarter. AQR Capital Management LLC now owns 37,614 shares of the company’s stock worth $533,000 after buying an additional 10,244 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of NuScale Power during the 1st quarter worth about $390,000. Jones Financial Companies Lllp increased its stake in shares of NuScale Power by 9.1% in the 1st quarter. Jones Financial Companies Lllp now owns 16,793 shares of the company’s stock valued at $238,000 after acquiring an additional 1,394 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of NuScale Power by 1,220.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company’s stock valued at $26,127,000 after acquiring an additional 1,705,411 shares during the last quarter. Institutional investors and hedge funds own 78.37% of the company’s stock.

More NuScale Power News

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

• Positive Sentiment: Company outlines deployment plan (ENTRA1) covering ~6 GW U.S. nuclear deployment and says it has ~$1.3B liquidity for 2026 — this supports project execution and de‑risking of near‑term funding needs. ENTRA1 and liquidity report
• Positive Sentiment: Strategic partnerships and project milestones — Oak Ridge partnership (AI work) and Romania coal‑to‑SMR FID advance demonstrate commercial traction and technology adoption. Partnerships and project news
• Positive Sentiment: Analyst upgrade from Northland Securities to “outperform” with $21 PT — market-friendly research can provide buying support. Northland upgrade
• Neutral Sentiment: Bullish features and long‑term narratives (e.g., retail pieces arguing large TAM and AI‑driven electricity demand) keep speculative interest alive but are highly forward‑looking and hinge on commercialization execution. Fool long‑term thesis
• Negative Sentiment: Q4 2025 results missed heavily — EPS and revenue fell well below estimates (large net loss, revenue decline), which is the primary catalyst for the sell‑off. Q4 results
• Negative Sentiment: NuScale launched a US$1B at‑the‑market equity program — increases dilution risk and pressure on share price while the company remains unprofitable. Valuation and equity program analysis
• Negative Sentiment: Multiple securities‑fraud class action notices and law‑firm alerts filed/issued after recent stock drops — adds legal overhang and near‑term uncertainty. Class action notice
• Negative Sentiment: Canaccord lowered its price target materially (from $60 to $25) despite keeping a buy rating — signals reduced analyst conviction on upside magnitude. Canaccord target cut

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.