NuScale Power Corporation (NYSE:SMR) Receives $13.50 Average PT from Analysts

NuScale Power Corporation (NYSE:SMR) has received a consensus recommendation of “Hold” from the seventeen analysts that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $12.9615.

SMR has been the subject of a number of recent research reports. Barclays decreased 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. UBS Group lowered NuScale Power from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $10.00 to $6.00 in a report on Friday. Canaccord Genuity Group dropped their target price on NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Truist Financial began coverage on NuScale Power in a research note on Monday, July 13th. They issued a “hold” rating and a $10.00 price target on the stock. Finally, Royal Bank Of Canada cut their price objective on 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.

NuScale Power News Summary

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

• Positive Sentiment: NuScale remains positioned to benefit from continued investor interest in advanced nuclear power and small modular reactors. Recent sector momentum has previously lifted SMR and other nuclear stocks, although that support has weakened in the latest sessions. NuScale Power Stock Jumps as Nuclear Sector Gains Momentum
• Neutral Sentiment: Investors are comparing NuScale with larger or more established nuclear companies, including BWX Technologies. That comparison highlights SMR’s higher execution risk but does not represent a direct change to NuScale’s business outlook. Nuclear Energy Stock Comparison
• Negative Sentiment: UBS downgraded SMR to Sell from Neutral and reduced its price target to $6 from $10, implying substantial downside from the prior close. UBS reportedly sees roughly a $95 million EBITDA gap and questioned whether NuScale can meet its projected build timeline. UBS Downgrades NuScale and Sees EBITDA Gap
• Negative Sentiment: The bearish thesis also points to a lack of firm customer commitments and continued cash-burn risk. Those concerns are amplified by NuScale’s very limited reported quarterly revenue, sharply lower year-over-year sales, and ongoing losses, making future project awards and financing milestones especially important to investors. Concerns About NuScale Build Timeline and Customer Commitments

Insider Activity

In other NuScale Power news, Director Shinji Fujino sold 20,000 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $8.86, for a total value of $177,200.00. Following the completion of the transaction, the director directly owned 17,242 shares of the company’s stock, valued at approximately $152,764.12. This trade represents a 53.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Carl M. Fisher sold 18,771 shares of NuScale Power stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total transaction of $175,696.56. Following the sale, the chief operating officer owned 114,718 shares of the company’s stock, valued at approximately $1,073,760.48. The trade was a 14.06% 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. Insiders sold 68,651 shares of company stock worth $633,470 in the last 90 days. 1.28% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On NuScale Power

Several hedge funds have recently bought and sold shares of the company. Triumph Capital Management acquired a new stake in NuScale Power in the third quarter valued at $37,000. EverSource Wealth Advisors LLC raised its stake in shares of NuScale Power by 187.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the company’s stock worth $67,000 after buying an additional 1,105 shares during the last quarter. Ancora Advisors LLC boosted its position in shares of NuScale Power by 177,500.0% in the 3rd quarter. Ancora Advisors LLC now owns 1,776 shares of the company’s stock worth $64,000 after buying an additional 1,775 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its position in shares of NuScale Power by 1,550.9% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company’s stock worth $25,000 after buying an additional 1,675 shares in the last quarter. Finally, Monimus Capital Management LP acquired a new stake in NuScale Power in the 2nd quarter valued at about $72,000. 78.37% of the stock is owned by hedge funds and other institutional investors.

NuScale Power Price Performance

NYSE SMR opened at $8.59 on Monday. The firm’s fifty day moving average price is $9.12 and its 200 day moving average price is $10.60. NuScale Power has a 12 month low of $7.21 and a 12 month high of $57.42. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of -2.94 and a beta of 2.30.

NuScale Power (NYSE:SMR) last announced its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.13). The firm had revenue of $0.07 million during the quarter, compared to analysts’ expectations of $8.80 million. NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%.The business’s revenue was down 99.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.11) EPS. As a group, sell-side analysts forecast that NuScale Power will post -0.64 earnings per share for the current year.

About NuScale Power

NuScale Power Corporation develops small modular reactor (SMR) technology for the generation of carbon-free electricity and other energy applications. Its proprietary NuScale Power Module is a compact, factory-fabricated pressurized water reactor designed to be deployed individually or in multi-module configurations. The company’s technology is intended to support electric utilities, industrial users, and other customers seeking scalable alternatives for reliable power generation.

NuScale offers its reactor technology through the VOYGR power plant platform, along with engineering, licensing, project development, and deployment support.