NuScale Power (NYSE:SMR) Shares Up 1.9% – Still a Buy?

NuScale Power Corporation (NYSE:SMR)’s stock price traded up 1.9% during mid-day trading on Thursday . The stock traded as high as $8.92 and last traded at $8.8450. Approximately 29,622,327 shares were traded during trading, a decline of 3% from the average daily volume of 30,410,730 shares. The stock had previously closed at $8.68.

Trending Headlines about NuScale Power

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

• Positive Sentiment: Analysts and recent articles highlighted NuScale’s regulatory lead, approved technology, and about $1 billion in liquidity, which could support future project execution if management converts the pipeline into signed contracts. Article Title
• Positive Sentiment: Coverage also emphasized rising nuclear demand and NuScale’s U.S. and Romania project pipeline, which keeps the long-term growth thesis intact if funding hurdles can be overcome. Article Title
• Positive Sentiment: Some investors may take encouragement from the valuation reset, which has made SMR look less expensive than before after a steep share-price decline. Article Title
• Neutral Sentiment: Analysts reportedly assigned NuScale an average price target of $15.46, suggesting meaningful upside from current levels, but that target still depends on execution rather than any near-term operational inflection. Article Title
• Negative Sentiment: The main concern remains weak revenue, missed expectations, and continued losses, underscoring that NuScale has not yet proven it can monetize its technology at scale. Article Title
• Negative Sentiment: Investors are still worried about financing risk and dilution, since multiple reports said project funding and capital needs will be decisive for whether the company can turn its pipeline into revenue. Article Title
• Negative Sentiment: Recent comparisons with other nuclear names, plus articles noting NuScale’s sharp year-to-date and one-year decline, reinforce the market’s skepticism about near-term commercial traction. Article Title

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Truist Financial began coverage on NuScale Power in a report on Monday, July 13th. They issued a “hold” rating and a $10.00 target price on the stock. HSBC began coverage on shares of NuScale Power in a research note on Thursday, April 23rd. They set a “hold” rating and a $13.00 target price for the company. Barclays lowered 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. B. Riley Financial decreased their target price on NuScale Power from $24.00 to $19.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of NuScale Power in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $15.15.

NuScale Power Stock Performance

The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of -2.77 and a beta of 2.24. The company has a 50 day moving average price of $10.21 and a 200 day moving average price of $12.67.

NuScale Power (NYSE:SMR) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.03). NuScale Power had a negative return on equity of 48.88% and a negative net margin of 2,066.55%.The firm had revenue of $0.56 million for the quarter, compared to analyst estimates of $7.00 million. The firm’s quarterly revenue was down 95.8% on a year-over-year basis. Research analysts forecast that NuScale Power Corporation will post -0.46 EPS for the current year.

Hedge Funds Weigh In On NuScale Power

Large investors have recently modified their holdings of the company. Triumph Capital Management acquired a new position in NuScale Power during the third quarter worth $37,000. EverSource Wealth Advisors LLC increased its position in shares of NuScale Power by 187.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the company’s stock worth $67,000 after acquiring an additional 1,105 shares in the last quarter. Ancora Advisors LLC increased its position in shares of NuScale Power by 177,500.0% during the third quarter. Ancora Advisors LLC now owns 1,776 shares of the company’s stock worth $64,000 after acquiring an additional 1,775 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its holdings 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 acquiring an additional 1,675 shares during the last quarter. Finally, Monimus Capital Management LP acquired a new stake in shares of NuScale Power in the 2nd quarter worth about $72,000. 78.37% of the stock is currently owned by institutional investors.

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.