NuScale Power (NYSE:SMR) Stock Price Up 5.3% – Time to Buy?

NuScale Power Corporation (NYSE:SMR) shares were up 5.3% during trading on Thursday . The company traded as high as $9.80 and last traded at $9.7610. Approximately 37,765,855 shares changed hands during trading, an increase of 22% from the average daily volume of 30,928,697 shares. The stock had previously closed at $9.27.

More NuScale Power News

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

• Positive Sentiment: Nuclear-focused AI initiative could improve execution: NuScale announced an alliance with Nuclearn and NPX to deploy specialized AI tools for small modular reactor engineering and operations. The companies say the technology can reduce technical-information retrieval times by as much as 80%, potentially improving engineering productivity, regulatory workflows, safety analysis, and project timelines. Can NuScale Power Cut SMR Timelines With Nuclear Specific AI Tools?
• Positive Sentiment: Potential TVA contract remains a major catalyst: Investor commentary continues to highlight NuScale’s TVA-related opportunity as a potentially transformational nuclear contract. However, the reports frame it as a future catalyst rather than a finalized revenue award, so the near-term valuation impact remains speculative. NuScale’s TVA Deal Could Be the Biggest Nuclear Contract in U.S. History
• Neutral Sentiment: Broader market conditions helped sentiment: NuScale’s rebound occurred alongside gains in the broader market and other nuclear-related stocks, indicating that part of the move reflected renewed appetite for high-risk growth companies rather than a company-specific fundamental change. NuScale Power Rises as Risk Appetite Returns
• Negative Sentiment: Speculation and weak fundamentals remain risks: NuScale recently sold off despite the AI announcement, while short sellers reportedly profited during a cooling SMR enthusiasm cycle. The company also continues to face substantial execution risk, including negative earnings and sharply lower recent revenue, making the stock sensitive to delays or failure to secure large contracts. NuScale Power Short Seller Profits Send Stark Warning

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SMR. Citigroup decreased their price target on NuScale Power from $7.50 to $6.50 and set a “sell” rating for the company in a research note on Thursday, August 6th. The Goldman Sachs Group set a $9.00 price objective on NuScale Power in a report on Friday, May 8th. Barclays reduced their target price on NuScale Power from $15.00 to $11.00 and set an “equal weight” rating for the company in a report on Wednesday, July 22nd. Canaccord Genuity Group reduced their price target on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Finally, Bank of America began coverage on NuScale Power in a research report on Friday, May 22nd. They set a “neutral” rating and a $12.00 price objective for the company. One research 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 given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $13.50.

NuScale Power Stock Performance

The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of -3.34 and a beta of 2.26. The business’s 50 day moving average is $9.29 and its 200-day moving average is $11.04.

NuScale Power (NYSE:SMR) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, hitting the consensus estimate 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 35.59% and a negative net margin of 3,888.70%.The firm’s revenue was down 99.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.11) EPS. Equities research analysts forecast that NuScale Power Corporation will post -0.64 EPS for the current fiscal year.

Insider Transactions at NuScale Power

In related news, Director Shinji Fujino sold 20,000 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $8.86, for a total value of $177,200.00. Following the completion of the transaction, the director directly owned 17,242 shares of the company’s stock, valued at $152,764.12. This trade represents a 53.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Carl M. Fisher sold 18,771 shares of NuScale Power stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total transaction of $175,696.56. Following the sale, the chief operating officer owned 114,718 shares in the company, valued at approximately $1,073,760.48. This trade represents a 14.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 corporate insiders.

Institutional Trading of NuScale Power

A number of large investors have recently bought and sold shares of SMR. Renaissance Technologies LLC bought a new position in shares of NuScale Power in the first quarter worth about $59,141,000. Bank of America Corp DE grew its stake in shares of NuScale Power by 33.4% during the first quarter. Bank of America Corp DE now owns 2,062,232 shares of the company’s stock worth $22,355,000 after purchasing an additional 516,097 shares during the period. Swedbank AB grew its position in shares of NuScale Power by 36.3% during the 1st quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock worth $16,285,000 after buying an additional 400,240 shares during the period. Caz Investments LP grew its holdings 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 purchasing an additional 100,000 shares during the period. Finally, Seven Grand Managers LLC bought a new stake in shares of NuScale Power in the 4th quarter valued at $1,771,000. 78.37% of the stock is currently owned by institutional investors.

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.