NuScale Power (NYSE:SMR) Trading Up 3.6% – Time to Buy?

NuScale Power Corporation (NYSE:SMR)’s share price traded up 3.6% during trading on Friday . The stock traded as high as $10.02 and last traded at $9.8120. 30,171,606 shares changed hands during trading, a decline of 1% from the average daily volume of 30,481,795 shares. The stock had previously closed at $9.47.

More NuScale Power News

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Canaccord Genuity Group dropped their price target 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. HSBC initiated coverage on NuScale Power in a research note on Thursday, April 23rd. They issued a “hold” rating and a $13.00 target price on the stock. Northland Securities set a $16.00 target price on NuScale Power in a research report on Thursday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NuScale Power in a research note on Wednesday, June 24th. Finally, Citigroup reduced their price target on NuScale Power from $7.50 to $6.50 and set a “sell” rating for the company in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $14.12.

NuScale Power Stock Performance

The company has a market cap of $3.59 billion, a price-to-earnings ratio of -3.36 and a beta of 2.26. The company’s 50 day moving average price is $9.70 and its 200 day moving average price is $11.93.

NuScale Power (NYSE:SMR) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.13). The business had revenue of $0.07 million during the quarter, compared to analyst estimates of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 46.91%. NuScale Power’s quarterly revenue was down 99.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.11) EPS. On average, equities research analysts forecast that NuScale Power Corporation will post -0.45 EPS for the current fiscal year.

Insiders Place Their Bets

In other NuScale Power news, COO Carl M. Fisher sold 18,771 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $9.36, for a total transaction of $175,696.56. Following the transaction, the chief operating officer directly owned 114,718 shares in the company, valued at $1,073,760.48. This trade represents a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.28% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in NuScale Power by 40.5% in the 4th quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock worth $220,273,000 after purchasing an additional 4,482,254 shares during the last quarter. Van ECK Associates Corp grew its holdings 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 valued at $163,176,000 after purchasing an additional 6,227,747 shares during the last quarter. Renaissance Technologies LLC acquired a new position in NuScale Power during the first quarter valued at approximately $59,141,000. Morgan Stanley raised its position in shares of NuScale Power by 81.0% in the fourth quarter. Morgan Stanley now owns 5,277,905 shares of the company’s stock valued at $74,788,000 after purchasing an additional 2,361,532 shares during the period. Finally, Samsung C&T Corp raised its position in shares of NuScale Power by 98.9% in the third quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock valued at $186,689,000 after purchasing an additional 2,578,702 shares during the period. Institutional investors and hedge funds own 78.37% of the company’s stock.

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.