NuScale Power (NYSE:SMR) Releases Earnings Results, Misses Estimates By $0.70 EPS

NuScale Power (NYSE:SMR) announced its quarterly earnings data on Thursday. The company reported ($0.80) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.70), FiscalAI reports. NuScale Power had a negative return on equity of 51.27% and a negative net margin of 594.63%.The firm had revenue of $1.81 million for the quarter, compared to analysts’ expectations of $8.76 million.

Here are the key takeaways from NuScale Power’s conference call:

• NRC approved NuScale’s 77 MW standard design ahead of schedule, leaving NuScale as the only SMR certified under 10 CFR Part 52 and giving the company a regulatory first-mover advantage for commercial deployments.
• ENTRA1 and TVA are progressing toward a potential 6 GW (72-module) program — ENTRA1 has assembled teams, completed site evaluations, and secured at least one multi‑billion dollar term sheet signatory, but a binding PPA has not yet been announced and many details remain under NDA.
• NuScale ended 2025 with $1.3 billion in liquidity (about $1.0B post‑close items) and a historical adjusted OpEx run rate near $170–200M, which management says provides a comfortable runway to advance commercialization activities.
• Supply‑chain progress: 12 NuScale Power Modules are in production at Doosan, with Doosan increasing capacity toward 20 modules/year and plans to further expand, giving NuScale a timing advantage for initial deployments.
• International progress: NuScale completed FEED 2 for Fluor on Romania’s RoPower project, recognized $63.1M from that work, and RoPower shareholders voted to advance pre‑EPC activities (expected to begin Q2), creating a near‑term services revenue pathway.

NuScale Power Stock Up 1.4%

Shares of NYSE:SMR traded up $0.18 during trading on Thursday, reaching $13.36. The stock had a trading volume of 26,753,235 shares, compared to its average volume of 23,817,762. The stock has a fifty day simple moving average of $16.85 and a two-hundred day simple moving average of $27.30. NuScale Power has a 52 week low of $11.08 and a 52 week high of $57.42. The firm has a market capitalization of $3.99 billion, a price-to-earnings ratio of -4.67 and a beta of 2.14.

Wall Street Analyst Weigh In

SMR has been the subject of a number of recent research reports. UBS Group set a $20.00 price target on NuScale Power in a research note on Tuesday, November 25th. B. Riley Financial dropped their price objective on NuScale Power from $38.00 to $24.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Wall Street Zen lowered shares of NuScale Power from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Texas Capital raised shares of NuScale Power to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, Bank of America upgraded shares of NuScale Power from an “underperform” rating to a “neutral” rating and set a $28.00 price target on the stock in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, NuScale Power has an average rating of “Hold” and a consensus price target of $28.19.

Insider Transactions at NuScale Power

In related news, CFO Robert Ramsey Hamady sold 40,000 shares of the firm’s stock in a transaction 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 approximately $1,026,094.11. This trade represents a 46.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On NuScale Power

Hedge funds have recently bought and sold shares of the company. Van ECK Associates Corp increased its stake 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 acquiring an additional 6,227,747 shares during the period. Morgan Stanley grew its holdings in shares of NuScale Power by 81.0% during the 4th quarter. Morgan Stanley now owns 5,277,905 shares of the company’s stock worth $74,788,000 after purchasing an additional 2,361,532 shares in the last quarter. Samsung C&T Corp increased its position in shares of NuScale Power by 98.9% during 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. Voloridge Investment Management LLC acquired a new position in shares of NuScale Power in the fourth quarter valued at $48,993,000. Finally, Geode Capital Management LLC lifted its position in NuScale Power by 8.0% in the fourth quarter. Geode Capital Management LLC now owns 3,221,828 shares of the company’s stock worth $45,662,000 after purchasing an additional 237,355 shares during the period. 78.37% of the stock is currently owned by institutional investors.

NuScale Power News Roundup

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

• Positive Sentiment: Progress on commercial deals — Romania has approved a final investment decision (FID) to convert coal plants to NuScale SMRs, moving the project into implementation (with caveats). This is a material validation of NuScale’s commercialization pathway. Read More.
• Positive Sentiment: Partnerships and AI angle — NuScale’s partnership activity (e.g., work with Oak Ridge National Laboratory on AI-driven fuel/operations research) supports the company narrative of leveraging tech to boost demand for reliable baseload power. This can underpin long‑term growth expectations. Read More.
• Neutral Sentiment: Analyst and market commentary is mixed — some outlets and analysts see large upside from current levels, framing the selloff as overdone; others urge caution. These narratives can drive volatile trading and speculative interest. Read More.
• Negative Sentiment: Quarterly results missed expectations badly: NuScale reported a large EPS and revenue shortfall (EPS -$0.80 vs. -$0.10 est.; revenue $1.8M vs. $8.8M est.), along with deeply negative margins and ROE — a clear near‑term operational/earnings negative. Read More.
• Negative Sentiment: Multiple securities‑law class actions and dozens of law‑firm notices were filed/announced covering a May–Nov 2025 class period; the April 20, 2026 lead‑plaintiff deadline is highlighted — this increases legal overhang and potential liability/settlement risk. Read More.
• Negative Sentiment: Short interest is elevated (~15% of float, rising in February), which raises downside pressure but also the potential for squeezes and higher intraday volatility. (Market short‑interest data referenced 2/25/26.)
• Negative Sentiment: Insider selling and critical analyst writeups have surfaced, feeding negative sentiment and investor caution. Read More.

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.