NuScale Power Corporation (NYSE:SMR – Get Free Report) has received an average rating of “Hold” from the seventeen research firms that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $12.96.
A number of brokerages have issued reports on SMR. B. Riley Financial decreased their target price on NuScale Power from $19.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, August 14th. Royal Bank Of Canada decreased their price objective on shares of NuScale Power from $14.00 to $10.00 and set a “sector perform” rating for the company in a report on Tuesday, August 11th. Truist Financial initiated coverage on shares of NuScale Power in a research note on Monday, July 13th. They issued a “hold” rating and a $10.00 target price on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a research report on Monday, September 21st. Finally, UBS Group cut shares of NuScale Power from a “neutral” rating to a “sell” rating and decreased their price target for the company from $10.00 to $6.00 in a report on Friday, September 11th.
Read Our Latest Stock Analysis on NuScale Power
NuScale Power Trading Up 4.4%
NuScale Power (NYSE:SMR – Get Free Report) 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). The firm had revenue of $0.07 million during the quarter, compared to analysts’ expectations of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. NuScale Power’s revenue for the quarter was down 99.1% on a year-over-year basis. During the same period in the prior year, the company posted ($0.11) earnings per share. On average, equities research analysts predict that NuScale Power will post -0.64 earnings per share for the current year.
Insiders Place Their Bets
In other NuScale Power news, Director Shinji Fujino sold 20,000 shares of NuScale Power stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $8.86, for a total value of $177,200.00. Following the transaction, the director directly owned 17,242 shares of the company’s stock, valued at $152,764.12. The trade was a 53.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Carl Fisher sold 18,771 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total value of $175,696.56. Following the completion of the sale, the chief operating officer directly owned 114,718 shares of the company’s stock, valued at $1,073,760.48. This represents a 14.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 88,651 shares of company stock valued at $791,270 in the last three months. Company insiders own 1.28% of the company’s stock.
Institutional Trading of NuScale Power
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC acquired a new stake in NuScale Power during the first quarter worth about $59,141,000. Bank of America Corp DE raised its stake in shares of NuScale Power by 33.4% in the first quarter. Bank of America Corp DE now owns 2,062,232 shares of the company’s stock valued at $22,355,000 after purchasing an additional 516,097 shares in the last quarter. Swedbank AB increased its holdings in NuScale Power by 36.3% in the 1st quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock valued at $16,285,000 after buying an additional 400,240 shares during the period. BNP Paribas Financial Markets raised its stake in shares of NuScale Power by 57.4% in the 4th quarter. BNP Paribas Financial Markets now owns 569,058 shares of the company’s stock valued at $8,064,000 after buying an additional 207,617 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of NuScale Power by 21.9% in the 1st quarter. Bank of New York Mellon Corp now owns 482,517 shares of the company’s stock valued at $5,230,000 after buying an additional 86,652 shares in the last quarter. 78.37% of the stock is currently owned by institutional investors and hedge funds.
Key NuScale Power News
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: Nuclear-sector rally: Google’s nuclear-power deal renewed enthusiasm for advanced nuclear and small modular reactor companies, lifting NuScale alongside peers including Oklo and Nano Nuclear Energy. Nuclear Stocks Rally as Google’s Reactor Deal Lifts the Sector
- Positive Sentiment: Commercialization prospects: NuScale’s partnership with ENTRA1 could support potential deployments involving the Tennessee Valley Authority, data centers and industrial customers as commercial discussions progress. The company also maintains a substantial liquidity cushion, reporting approximately $1.9 billion in cash, cash equivalents and investments at the end of the second quarter. How ENTRA1 Is Supporting NuScale’s Commercial Nuclear Push
- Positive Sentiment: Industry regulatory progress: The TVA’s first small modular reactor project received a Nuclear Regulatory Commission construction permit, a development that reinforces the broader U.S. SMR deployment theme relevant to NuScale. TVA Secures First SMR Construction Permit
- Neutral Sentiment: Upcoming earnings: NuScale will report third-quarter 2026 results on November 5, giving investors a near-term catalyst to assess project progress, cash usage and commercialization timing. NuScale Power to Hold Third Quarter 2026 Earnings Conference Call
- Negative Sentiment: Investor investigation: Pomerantz LLP announced an investigation into potential claims on behalf of NuScale investors. The announcement does not establish wrongdoing, but it adds legal and reputational uncertainty. Pomerantz Investor Alert
- Negative Sentiment: Insider selling: CFO Robert Hamady sold 20,000 shares for approximately $157,800 under a pre-arranged Rule 10b5-1 plan. While scheduled sales are not necessarily a bearish signal, recent insider selling may weigh on sentiment.
NuScale Power Company Profile
NuScale Power Corporation develops small modular reactor (SMR) technology for the generation of carbon-free electricity and process heat. Its primary product is the VOYGR SMR power plant, which is based on the company’s proprietary pressurized light-water reactor design. The plants are intended to be built from factory-produced modules and can be configured for applications including utility-scale power generation, industrial heat, hydrogen production, and water desalination.
NuScale provides reactor technology, engineering and design support, licensing assistance, and services intended to help customers develop and deploy SMR facilities.
See Also
- Five stocks we like better than NuScale Power
- Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI
- Lamb Weston’s Turnaround Is Starting to Look Real
- These 3 Stocks Got the Most Love From Analysts in September
- Record French Debt Could Create Opportunities for U.S. Market Operators
Receive News & Ratings for NuScale Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NuScale Power and related companies with MarketBeat.com's FREE daily email newsletter.
