NuScale Power (NYSE:SMR) Shares Gap Up – Here’s What Happened

NuScale Power Corporation (NYSE:SMR) gapped up prior to trading on Thursday . The stock had previously closed at $15.57, but opened at $16.52. NuScale Power shares last traded at $15.6020, with a volume of 9,265,032 shares traded.

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. B. Riley Financial dropped their target price on shares of NuScale Power from $38.00 to $24.00 and set a “buy” rating on the stock in a research report on Monday, December 22nd. Cantor Fitzgerald began coverage on shares of NuScale Power in a research report on Tuesday, October 21st. They set an “overweight” rating and a $55.00 price objective on the stock. TD Cowen lowered NuScale Power from a “buy” rating to a “hold” rating in a report on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of NuScale Power in a report on Monday, December 29th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $20.00 price target on shares of NuScale Power in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, NuScale Power has a consensus rating of “Hold” and a consensus price target of $33.19.

NuScale Power Stock Performance

The stock has a market cap of $4.27 billion, a P/E ratio of -5.00 and a beta of 2.14. The firm has a 50 day moving average of $17.76 and a two-hundred day moving average of $29.31.

Insider Transactions at NuScale Power

In related news, CFO Robert Ramsey Hamady sold 40,000 shares of the company’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $22.17, for a total transaction of $886,800.00. Following the completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On NuScale Power

Several hedge funds have recently made changes to their positions in SMR. FORA Capital LLC acquired a new stake in shares of NuScale Power during the 4th quarter worth approximately $968,000. Marshall Wace LLP bought a new stake in NuScale Power in the 4th quarter valued at $6,427,000. The Manufacturers Life Insurance Company lifted its holdings in shares of NuScale Power by 9.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 118,852 shares of the company’s stock worth $1,684,000 after acquiring an additional 10,060 shares during the period. Soros Fund Management LLC acquired a new stake in shares of NuScale Power during the 4th quarter valued at about $2,128,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of NuScale Power by 25,507.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,585 shares of the company’s stock valued at $51,000 after acquiring an additional 3,571 shares in the last quarter. Institutional investors own 78.37% of the company’s stock.

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.