NuScale Power (NYSE:SMR) Shares Up 6.9% – Time to Buy?

NuScale Power Corporation (NYSE:SMR) shares traded up 6.9% during trading on Tuesday . The stock traded as high as $12.69 and last traded at $12.19. 44,552,269 shares changed hands during mid-day trading, an increase of 52% from the average session volume of 29,219,256 shares. The stock had previously closed at $11.40.

More NuScale Power News

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

• Positive Sentiment: Investors are refocusing on NuScale’s TVA–ENTRA1 opportunity, which could scale to as much as 6 GW of SMR capacity and improve visibility on future reactor deployments. Can NuScale’s SMRs Solve the Growing AI Power Demand Problem?
• Positive Sentiment: NuScale’s dual NRC Part 52 approvals are being highlighted as a competitive advantage because they may speed licensing and deployment for AI sites and industrial customers. Is NuScale’s NRC Licensing Lead Its Biggest Competitive Advantage?
• Positive Sentiment: Coverage around NuScale’s push to serve hyperscale AI data centers is reinforcing the growth narrative, with emphasis on behind-the-meter reactors, LEU fuel, and partner support for 24/7 power demand. Can NuScale’s SMRs Solve the Growing AI Power Demand Problem?
• Positive Sentiment: Additional articles spotlight NuScale’s broader buildout roadmap, including first-project progress and supply-chain readiness, which supports the idea that commercialization may be getting closer. NuScale Pursues 6 Gigawatt SMR Buildout And Moves Toward First Projects

Analyst Ratings Changes

Several analysts have commented on the company. Citigroup lowered their price target on NuScale Power from $9.00 to $7.00 and set a “sell” rating for the company in a report on Monday, May 11th. Weiss Ratings restated a “sell (d-)” rating on shares of NuScale Power in a report on Friday, March 27th. HSBC assumed coverage on NuScale Power in a report on Thursday, April 23rd. They issued a “hold” rating and a $13.00 price target for the company. Canaccord Genuity Group lowered their price target on NuScale Power from $60.00 to $25.00 and set a “buy” rating for the company in a report on Friday, February 27th. Finally, Texas Capital upgraded NuScale Power to a “strong-buy” rating in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, NuScale Power has an average rating of “Hold” and an average target price of $17.85.

NuScale Power Stock Performance

The firm has a market cap of $4.46 billion, a PE ratio of -4.17 and a beta of 2.24. The stock has a fifty day moving average price of $11.40 and a 200-day moving average price of $15.71.

NuScale Power (NYSE:SMR) last issued its earnings results on Thursday, May 7th. The company reported ($0.14) earnings per share (EPS) 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 $0.57 million for the quarter, compared to analysts’ expectations of $7.00 million. The company’s quarterly revenue was down 95.8% on a year-over-year basis. As a group, equities analysts predict that NuScale Power Corporation will post -0.46 earnings per share for the current fiscal year.

Insider Buying and Selling at NuScale Power

In other news, insider Clayton Scott sold 22,478 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $12.22, for a total transaction of $274,681.16. Following the completion of the sale, the insider owned 132,852 shares in the company, valued at approximately $1,623,451.44. The trade was a 14.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Robert Ramsey Hamady sold 18,570 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total value of $226,925.40. Following the sale, the chief financial officer owned 97,192 shares of the company’s stock, valued at $1,187,686.24. The trade was a 16.04% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 40,572,082 shares of company stock worth $481,029,608. Company insiders own 1.28% of the company’s stock.

Hedge Funds Weigh In On NuScale Power

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Nemes Rush Group LLC acquired a new position in NuScale Power during the 3rd quarter worth approximately $25,000. Strategic Advocates LLC acquired a new position in NuScale Power during the 3rd quarter worth approximately $25,000. Vermillion & White Wealth Management Group LLC raised its position 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 valued at $25,000 after purchasing an additional 1,675 shares in the last quarter. Assetmark Inc. raised its position in shares of NuScale Power by 1,940.3% in the 1st quarter. Assetmark Inc. now owns 2,428 shares of the company’s stock valued at $26,000 after purchasing an additional 2,309 shares in the last quarter. Finally, Ameriflex Group Inc. acquired a new position in shares of NuScale Power in the 4th quarter valued at approximately $30,000. 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.