NuScale Power (NYSE:SMR) Trading Up 2.8% – Still a Buy?

Posted by Brenda Bartman on Jun 11th, 2026

NuScale Power Corporation (NYSE:SMR – Get Free Report)’s share price was up 2.8% on Thursday . The company traded as high as $9.79 and last traded at $9.5460. Approximately 35,415,107 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 30,188,396 shares. The stock had previously closed at $9.29.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SMR. Canaccord Genuity Group lowered their target price on NuScale Power from $60.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, February 27th. B. Riley Financial decreased their price objective on NuScale Power from $24.00 to $19.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Royal Bank Of Canada dropped their price target on shares of NuScale Power from $21.00 to $14.00 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. 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 report on Tuesday, February 24th. Finally, Bank of America started coverage on NuScale Power in a research report on Friday, May 22nd. They issued a “neutral” rating and a $12.00 price objective on the stock. One equities 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 assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $15.92.

Check Out Our Latest Analysis on NuScale Power

NuScale Power Stock Up 2.8%

The company has a 50 day moving average of $11.45 and a 200-day moving average of $14.52. The stock has a market capitalization of $3.49 billion, a P/E ratio of -3.27 and a beta of 2.20.

NuScale Power (NYSE:SMR – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.03). The business had revenue of $0.57 million for the quarter, compared to analyst estimates of $7.00 million. NuScale Power had a negative return on equity of 48.88% and a negative net margin of 2,066.55%.The company’s revenue for the quarter was down 95.8% compared to the same quarter last year. Equities analysts forecast that NuScale Power Corporation will post -0.46 EPS for the current fiscal year.

Insider Buying and Selling at NuScale Power

In related news, Director Corp Fluor sold 13,500,000 shares of NuScale Power stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $11.81, for a total value of $159,435,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 39,936,472 shares of company stock valued at $472,831,169. 1.28% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SMR. Cibc World Market Inc. increased its stake in shares of NuScale Power by 3.8% during the third quarter. Cibc World Market Inc. now owns 9,000 shares of the company’s stock valued at $324,000 after acquiring an additional 329 shares during the period. MAI Capital Management lifted its position in shares of NuScale Power by 37.0% in the 3rd quarter. MAI Capital Management now owns 1,654 shares of the company’s stock valued at $60,000 after acquiring an additional 447 shares in the last quarter. Harbour Investments Inc. raised its position in NuScale Power by 32.4% during the fourth quarter. Harbour Investments Inc. now owns 2,419 shares of the company’s stock valued at $34,000 after buying an additional 592 shares during the period. Principal Financial Group Inc. lifted its position in shares of NuScale Power by 7.6% in the third quarter. Principal Financial Group Inc. now owns 9,706 shares of the company’s stock worth $349,000 after purchasing an additional 688 shares in the last quarter. Finally, Strategic Advocates LLC acquired a new position in shares of NuScale Power in the third quarter worth $25,000. 78.37% of the stock is owned by institutional investors and hedge funds.

NuScale Power Company Profile

(Get Free Report)

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.