NuScale Power (NYSE:SMR) Trading 10.1% Higher – Should You Buy?

NuScale Power Corporation (NYSE:SMR)’s stock price rose 10.1% during mid-day trading on Thursday . The company traded as high as $9.18 and last traded at $9.1350. Approximately 20,390,593 shares traded hands during trading, a decline of 35% from the average daily volume of 31,184,561 shares. The stock had previously closed at $8.30.

Trending Headlines about NuScale Power

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

• Positive Sentiment: A recent House vote addressing data-center electricity costs boosted expectations that large technology customers could seek dedicated nuclear generation, lifting NuScale and other advanced nuclear developers. Oklo Jumps 13%, NuScale Power Climbs 10%: Does the House Data Center Power Vote Reach Nuclear?
• Positive Sentiment: Investors continue to focus on commercialization milestones, including potential deployment work with ENTRA1 Energy and the Tennessee Valley Authority, manufacturing progress for reactor components, and approximately $1.9 billion in cash, cash equivalents, and investments reported for the latest quarter.
• Positive Sentiment: Industry research projects strong long-term growth for the small modular reactor market as demand rises for reliable, low-carbon power and energy security, supporting NuScale’s long-term opportunity. Small Modular Reactor Market Outlook 2026-2035
• Neutral Sentiment: The cancellation of rival Holtec’s initial public offering highlights difficult financing conditions for nuclear developers. It may pressure sector sentiment, although it does not directly change NuScale’s projects or balance sheet. SMR Developer Holtec Just Cancelled Its IPO
• Negative Sentiment: After the policy-fueled rally, NuScale and peers reversed lower as investors took profits and questioned whether the House vote will translate into near-term nuclear contracts. NuScale Power Drops as Nuclear Stocks Hand Back the Vote Rally
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of NuScale investors, adding legal overhang and uncertainty. Pomerantz Investor Alert
• Negative Sentiment: Reported insider activity shows selling rather than buying over the past six months, which may weigh on investor confidence in a highly volatile stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Citigroup dropped their target price on NuScale Power from $7.50 to $6.50 and set a “sell” rating on the stock in a research report on Thursday, August 6th. Northland Securities set a $16.00 price target on shares of NuScale Power in a research note on Thursday, August 6th. Truist Financial began coverage on shares of NuScale Power in a research note on Monday, July 13th. They set a “hold” rating and a $10.00 price target for the company. Canaccord Genuity Group lowered their price objective on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Finally, Barclays cut their price objective on shares of NuScale Power from $15.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $12.96.

NuScale Power Stock Performance

The company has a fifty day moving average price of $9.06 and a two-hundred day moving average price of $10.46. The company has a market cap of $3.56 billion, a P/E ratio of -2.84 and a beta of 2.30.

NuScale Power (NYSE:SMR) last released its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.13). NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%.The business had revenue of $0.07 million for the quarter, compared to analyst estimates of $8.80 million. During the same quarter in the prior year, the company posted ($0.11) earnings per share. NuScale Power’s revenue was down 99.1% on a year-over-year basis. Research analysts anticipate that NuScale Power Corporation will post -0.64 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Robert Hamady sold 29,880 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $9.39, for a total transaction of $280,573.20. Following the sale, the chief financial officer owned 124,235 shares in the company, valued at $1,166,566.65. This represents a 19.39% decrease in their position. The sale was disclosed in a document filed 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. 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 approximately $1,073,760.48. The trade was a 14.06% decrease in their position. 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 68,651 shares of company stock valued at $633,470 in the last 90 days. 1.28% of the stock is currently owned by insiders.

Institutional Trading of NuScale Power

A number of large investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC acquired a new position in shares of NuScale Power during the 2nd quarter worth about $126,000. WINTON GROUP Ltd acquired a new stake in NuScale Power in the 2nd quarter valued at about $392,000. Integrated Wealth Concepts LLC grew its holdings in NuScale Power by 153.6% during the second quarter. Integrated Wealth Concepts LLC now owns 65,623 shares of the company’s stock worth $658,000 after purchasing an additional 39,751 shares during the period. RFG Advisory LLC grew its holdings in NuScale Power by 33.1% during the second quarter. RFG Advisory LLC now owns 60,622 shares of the company’s stock worth $608,000 after purchasing an additional 15,092 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in NuScale Power by 203.3% during the second quarter. NewEdge Advisors LLC now owns 146,870 shares of the company’s stock worth $1,473,000 after purchasing an additional 98,440 shares during the period. Institutional investors and hedge funds own 78.37% of the company’s stock.

NuScale Power Company Profile

NuScale Power Corporation develops small modular reactor (SMR) technology for the generation of carbon-free electricity and other energy applications. Its proprietary NuScale Power Module is a compact, factory-fabricated pressurized water reactor designed to be deployed individually or in multi-module configurations. The company’s technology is intended to support electric utilities, industrial users, and other customers seeking scalable alternatives for reliable power generation.

NuScale offers its reactor technology through the VOYGR power plant platform, along with engineering, licensing, project development, and deployment support.