NuScale Power Corporation (NYSE:SMR – Get Free Report) rose 16.5% on Wednesday . The stock traded as high as $13.63 and last traded at $13.5920. Approximately 54,172,098 shares were traded during mid-day trading, an increase of 94% from the average daily volume of 27,955,797 shares. The stock had previously closed at $11.67.
Trending Headlines about NuScale Power
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: FOOL: Contrarian buy argument — A recent Motley Fool piece frames NuScale as attractive while the shares sit well below prior highs, encouraging investors to consider accumulation. Should You Buy NuScale Power While It’s Below $20?
- Positive Sentiment: FOOL: Event-driven bullish case — Another Fool article says management has an opportunity to shift sentiment ahead of June 2, implying a near-term catalyst that could lift the stock if guidance/updates are favorable. I’m Calling It: NuScale Power Stock Is a Buy Before June 2
- Positive Sentiment: FOOL: Sector tailwinds — A broader Fool piece argues AI-driven advances are powering a nuclear renaissance, casting NuScale as a thematic beneficiary alongside other nuclear names. Sector optimism can lift sentiment for SMR. 2 Nuclear Stocks That Are Quietly Becoming the Trade of the Year (and Beyond)
- Neutral Sentiment: FOOL: Peer alternative highlighted — A Fool article promotes Brookfield as a lower-risk way to play nuclear infrastructure; this draws investor attention to alternatives but doesn’t directly change NuScale’s fundamentals. 1 Nuclear Stock That Could Power Your Retirement Income for Decades
- Negative Sentiment: Analyst downgrade — Citigroup cut its price target from $11.50 to $9.00 and issued a “sell” rating, signaling meaningful downside versus current levels and adding near-term selling pressure. Citigroup downgrades NuScale (Benzinga)
- Negative Sentiment: Seeking Alpha: Revenue/timing concerns — A recent Seeking Alpha piece warns of limited near-term revenue and that much of the value is long-dated, a reminder of execution and financing risks that can cap the stock. NuScale: Nuclear Hype, But Limited Near-Term Revenue
- Negative Sentiment: FOOL comparison piece — Another Fool article suggests some investors may prefer other SMR plays, which could divert capital away from NuScale if those alternatives look less risky or more advanced. Should You Forget NuScale Power and Buy This Nuclear Stock Instead?
Analyst Ratings Changes
SMR has been the topic of several analyst reports. Citigroup dropped their target price on NuScale Power from $11.50 to $9.00 and set a “sell” rating on the stock in a research report on Tuesday. UBS Group dropped their target price on NuScale Power from $20.00 to $13.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. Zacks Research raised NuScale Power from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. Royal Bank Of Canada dropped their target price on NuScale Power from $21.00 to $14.00 and set a “sector perform” rating on the stock in a research report on Monday, March 2nd. Finally, The Goldman Sachs Group dropped their target price on NuScale Power from $20.00 to $14.00 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $20.75.
NuScale Power Price Performance
The company has a market capitalization of $4.59 billion, a price-to-earnings ratio of -4.70 and a beta of 2.27. The business has a fifty day moving average price of $11.95 and a 200 day moving average price of $20.30.
NuScale Power (NYSE:SMR – Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.80) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.70). The business had revenue of $1.81 million for the quarter, compared to analyst estimates of $8.76 million. NuScale Power had a negative net margin of 1,130.26% and a negative return on equity of 55.23%. Research analysts anticipate that NuScale Power Corporation will post -0.48 earnings per share for the current year.
Insider Activity at NuScale Power
In other news, CEO John Lawrence Hopkins sold 82,667 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total transaction of $1,010,190.74. Following the transaction, the chief executive officer directly owned 117,018 shares of the company’s stock, valued at approximately $1,429,959.96. This trade represents a 41.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Carl M. Fisher sold 22,197 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $12.22, for a total value of $271,247.34. Following the transaction, the chief operating officer directly owned 140,141 shares in the company, valued at $1,712,523.02. This trade represents a 13.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 27,072,082 shares of company stock valued at $321,594,608. 1.20% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of NuScale Power by 40.5% during the fourth quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock valued at $220,273,000 after purchasing an additional 4,482,254 shares during the period. Van ECK Associates Corp boosted 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 buying an additional 6,227,747 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in NuScale Power by 22.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company’s stock valued at $263,195,000 after buying an additional 1,346,796 shares in the last quarter. Morgan Stanley boosted its stake in NuScale Power by 81.0% during the fourth quarter. Morgan Stanley now owns 5,277,905 shares of the company’s stock valued at $74,788,000 after buying an additional 2,361,532 shares in the last quarter. Finally, Samsung C&T Corp boosted its stake in 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 buying an additional 2,578,702 shares in the last quarter. 78.37% of the stock is owned by institutional investors and hedge funds.
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.
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