NuScale Power (NYSE:SMR) Shares Down 4.8% – What’s Next?

NuScale Power Corporation (NYSE:SMR)’s stock price dropped 4.8% on Friday . The company traded as low as $9.20 and last traded at $9.3810. 35,561,394 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 30,437,824 shares. The stock had previously closed at $9.85.

NuScale Power News Roundup

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

• Positive Sentiment: NuScale’s Q2 earnings call highlighted a shift toward commercial readiness and a reported $1.9 billion liquidity boost, which could improve the company’s ability to fund development and pursue customer opportunities. NuScale Power Q2 2026 Earnings Call Transcript
• Positive Sentiment: An analyst increased the third-quarter EPS estimate for NuScale Power, suggesting expectations for near-term results have improved modestly. Q3 EPS Estimate for NuScale Power Increased by Analyst
• Neutral Sentiment: A bullish investment thesis argues that NuScale could become a standard platform for a new nuclear-energy cycle because its small modular reactor design uses established technology, conventional fuel, and potentially repeatable manufacturing. The opportunity remains speculative because widespread commercial deployment has not yet been demonstrated. NuScale Could Become the Standard Platform for Nuclear Energy
• Negative Sentiment: NuScale shares were pressured after an analyst downgrade, adding to concerns about valuation and the company’s path to profitability. NuScale Power Trading Down After Analyst Downgrade
• Negative Sentiment: Royal Bank of Canada issued a pessimistic forecast for SMR, reinforcing bearish expectations among sell-side analysts. Royal Bank of Canada Issues Pessimistic Forecast for NuScale Power
• Negative Sentiment: A critical analysis notes that the last U.S. nuclear-construction boom produced only two completed reactors out of 26 proposed projects; the Vogtle units suffered major cost overruns and delays. Against that backdrop, NuScale’s roughly $4 billion market value and limited sales raise concerns about execution risk and whether future projects can be delivered economically. The Last U.S. Nuclear Boom Applied to Build 26 Reactors and Finished 2

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on SMR shares. Bank of America began coverage on shares of NuScale Power in a research report on Friday, May 22nd. They set a “neutral” rating and a $12.00 price target for the company. Northland Securities set a $16.00 target price on shares of NuScale Power in a research note on Thursday, August 6th. Truist Financial assumed coverage on shares of NuScale Power in a research note on Monday, July 13th. They set a “hold” rating and a $10.00 target price for the company. The Goldman Sachs Group set a $9.00 target price on shares of NuScale Power in a report on Friday, May 8th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $13.50.

NuScale Power Trading Down 4.8%

The company has a market capitalization of $3.43 billion, a PE ratio of -3.21 and a beta of 2.26. The business’s fifty day moving average is $9.43 and its two-hundred day moving average is $11.57.

NuScale Power (NYSE:SMR) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.13). The business had revenue of $0.07 million for the quarter, compared to analysts’ expectations of $8.80 million. NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%.The firm’s quarterly revenue was down 99.1% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.11) EPS. As a group, equities research analysts anticipate that NuScale Power Corporation will post -0.43 EPS for the current year.

Insider Activity

In other news, COO Carl M. Fisher sold 18,771 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $9.36, for a total transaction of $175,696.56. Following the transaction, the chief operating officer directly owned 114,718 shares of the company’s stock, valued at $1,073,760.48. This represents a 14.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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.

Hedge Funds Weigh In On NuScale Power

A number of hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC bought a new position in shares of NuScale Power during the 1st quarter valued at $59,141,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of NuScale Power by 35.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 822,779 shares of the company’s stock worth $11,659,000 after acquiring an additional 213,329 shares during the period. Swedbank AB grew its holdings in shares of NuScale Power by 36.3% in the first quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock worth $16,285,000 after acquiring an additional 400,240 shares during the period. Caz Investments LP increased its position in NuScale Power by 10,000.0% during the fourth quarter. Caz Investments LP now owns 101,000 shares of the company’s stock valued at $1,431,000 after acquiring an additional 100,000 shares during the last quarter. Finally, Seven Grand Managers LLC purchased a new stake in NuScale Power during the fourth quarter valued at $1,771,000. Hedge funds and other institutional investors own 78.37% of the company’s stock.

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.