NuScale Power (NYSE:SMR) Trading 5.4% Higher – Should You Buy?

NuScale Power Corporation (NYSE:SMR) shot up 5.4% on Tuesday . The stock traded as high as $9.71 and last traded at $9.4950. 25,076,379 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 30,461,809 shares. The stock had previously closed at $9.01.

More NuScale Power News

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

• Positive Sentiment: Management highlighted ongoing discussions with the Tennessee Valley Authority and said NuScale is prepared for near-term deployment, citing approved reactor designs, available fuel, established suppliers and approximately $1.9 billion in liquidity. These factors could reduce execution and financing risks as potential projects advance. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
• Positive Sentiment: NuScale, Curio and Framatome signed a strategic memorandum of understanding to evaluate fuel recycling, fuel manufacturing and other next-generation nuclear-fuel-cycle technologies. The agreement strengthens NuScale’s industry partnerships and could support future reactor deployments, although it is not yet a binding commercial contract. Curio, NuScale Power, and Framatome Sign Strategic MOU
• Neutral Sentiment: Second-quarter adjusted results were broadly as expected on the bottom line: NuScale reported a loss of $0.13 per share, matching consensus estimates. This removes an immediate EPS surprise but does not resolve the company’s lack of meaningful commercial revenue. NuScale Power Corporation Reports Q2 Loss
• Negative Sentiment: Revenue was only about $0.08 million, versus roughly $8.8 million expected, and plunged 99.1% year over year. NuScale also remains deeply unprofitable, which highlights the substantial time and execution risk before reactor deployments generate recurring revenue. NuScale Stock After Q2 Revenue Miss

Analyst Upgrades and Downgrades

Several research firms recently issued reports on SMR. Bank of America started coverage on NuScale Power in a report on Friday, May 22nd. They set a “neutral” rating and a $12.00 target price on the stock. B. Riley Financial decreased their price target 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. Citigroup lowered their price target on NuScale Power from $7.50 to $6.50 and set a “sell” rating on the stock in a research report on Thursday. The Goldman Sachs Group set a $9.00 price objective on NuScale Power in a research note on Friday, May 8th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a report on Wednesday, June 24th. One investment 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 stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $14.88.

NuScale Power Stock Performance

The stock’s fifty day moving average price is $9.81 and its 200-day moving average price is $12.02. The company has a market capitalization of $3.47 billion, a P/E ratio of -3.25 and a beta of 2.26.

NuScale Power (NYSE:SMR) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, hitting analysts’ consensus estimates of ($0.13). The business 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 48.88% and a negative net margin of 2,066.55%.NuScale Power’s quarterly revenue was down 99.1% on a year-over-year basis. During the same quarter last year, the company posted ($0.11) earnings per share. On average, research analysts predict that NuScale Power Corporation will post -0.46 EPS for the current fiscal year.

Insider Activity

In other news, COO Carl M. Fisher sold 18,771 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was 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 trade represents a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.28% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Heck Capital Advisors LLC raised its stake in NuScale Power by 33.5% in the 2nd quarter. Heck Capital Advisors LLC now owns 16,382 shares of the company’s stock valued at $164,000 after acquiring an additional 4,115 shares during the period. Handelsbanken Fonder AB boosted its position in NuScale Power by 209.5% during the second quarter. Handelsbanken Fonder AB now owns 108,000 shares of the company’s stock worth $1,083,000 after purchasing an additional 73,100 shares during the period. Adamsbrown Wealth Consultants LLC acquired a new position in shares of NuScale Power in the second quarter valued at $100,000. Hennion & Walsh Asset Management Inc. increased its holdings in shares of NuScale Power by 30.5% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 84,199 shares of the company’s stock valued at $845,000 after purchasing an additional 19,679 shares during the last quarter. Finally, Evanson Financial LLC bought a new position in shares of NuScale Power in the second quarter valued at about $512,000. 78.37% of the stock is owned by institutional investors and hedge funds.

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.