NuScale Power (NYSE:SMR) Shares Up 10.8% – Here’s Why

NuScale Power Corporation (NYSE:SMR)’s share price was up 10.8% on Friday . The stock traded as high as $13.30 and last traded at $12.6420. Approximately 66,467,618 shares changed hands during trading, an increase of 143% from the average daily volume of 27,336,148 shares. The stock had previously closed at $11.41.

More NuScale Power News

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

• Positive Sentiment: Strong sector catalysts: a White House memorandum pushing for space nuclear deployment and related government interest have energized SMR and peer stocks, supporting demand for NuScale shares. Oklo, Nano Nuclear, Centrus, NuScale Surge
• Positive Sentiment: Momentum continuation: sector rallies extended into April 17 with NuScale leading gains, attracting short-term buyers and momentum traders. NuScale Powers Up 11%
• Neutral Sentiment: Analyst/media takes: commentary pieces weighing valuation and near-term catalysts add mixed context — some argue the stock looks cheap, others warn upcoming results and legal issues create uncertainty. The Price Is Right on NuScale
• Neutral Sentiment: Sector news flow (Oklo/others) is driving group-level moves that may continue to dominate short-term performance regardless of company-specific fundamentals. Oklo Rockets In Big News Week
• Negative Sentiment: Large insider sale: Director Corp Fluor sold 12.94M shares (~49% of its holding) for ~$150.5M at ~$11.63 per share — a sizable block that increases supply and may weigh on the stock. SEC filing: Form 4 — Corp Fluor Sale
• Negative Sentiment: Repeated class-action notices: multiple law firms have filed or solicited lead-plaintiff claims tied to a May–Nov 2025 class period; the April 20 lead-plaintiff deadline and repeated alerts increase legal uncertainty and potential future costs or settlements. (Examples: Rosen Law Firm, Berger Montague, Gross Law Firm.) Rosen Law Firm Notice
• Negative Sentiment: Near-term earnings and cash-flow uncertainty: investors are watching upcoming financial results after recent quarterly misses; combined with legal notices and insider selling, this raises downside risk if guidance or revenues disappoint. Why Is NuScale Power Stock Sliding?

Analysts Set New Price Targets

Several analysts have weighed in on SMR shares. Cantor Fitzgerald cut their price objective on NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. Texas Capital raised NuScale Power to a “strong-buy” rating in a research report on Tuesday, January 27th. TD Cowen cut NuScale Power from a “buy” rating to a “hold” rating in a research report on Wednesday, February 11th. Citigroup cut their price objective on NuScale Power from $18.50 to $11.50 and set a “sell” rating on the stock in a research report on Monday, March 2nd. Finally, Royal Bank Of Canada cut their price objective 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. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $20.96.

NuScale Power Trading Up 10.8%

The company has a market capitalization of $4.27 billion, a PE ratio of -4.37 and a beta of 2.27. The business’s fifty day moving average is $12.15 and its two-hundred day moving average is $20.80.

NuScale Power (NYSE:SMR) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.80) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.70). NuScale Power had a negative return on equity of 55.23% and a negative net margin of 1,130.26%.The firm had revenue of $1.81 million during the quarter, compared to analysts’ expectations of $8.76 million. As a group, equities research analysts anticipate that NuScale Power Corporation will post -0.73 EPS for the current year.

Insider Buying and Selling

In related news, Director Corp Fluor sold 13,500,000 shares of the business’s stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $12.07, for a total value of $162,945,000.00. Following the completion of the transaction, the director directly owned 26,436,472 shares in the company, valued at $319,088,217.04. The trade was a 33.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Carl M. Fisher sold 22,197 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total transaction of $271,247.34. Following the completion of the transaction, the chief operating officer owned 140,141 shares of the company’s stock, valued at approximately $1,712,523.02. The trade was a 13.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 27,072,082 shares of company stock worth $321,594,608 over the last 90 days. 1.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On NuScale Power

A number of large investors have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc grew its position in NuScale Power by 299.3% in the 1st quarter. AdvisorNet Financial Inc now owns 10,494 shares of the company’s stock worth $114,000 after purchasing an additional 7,866 shares during the period. James J. Burns & Company LLC bought a new stake in NuScale Power in the 1st quarter worth approximately $109,000. Hsbc Holdings PLC grew its position in NuScale Power by 349.7% in the 4th quarter. Hsbc Holdings PLC now owns 76,415 shares of the company’s stock worth $1,074,000 after purchasing an additional 59,422 shares during the period. Audent Global Asset Management LLC bought a new stake in NuScale Power in the 4th quarter worth approximately $766,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in NuScale Power in the 4th quarter worth approximately $3,169,000. 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.