NuScale Power Corporation (NYSE:SMR – Get Free Report) shares traded up 8% during mid-day trading on Monday . The stock traded as high as $11.25 and last traded at $10.6790. 36,413,149 shares were traded during trading, an increase of 20% from the average session volume of 30,271,869 shares. The stock had previously closed at $9.89.
Trending Headlines about NuScale Power
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: NuScale announced a contract for Paragon to complete final design work on the Highly Integrated Protection System for the NuScale Power Module, a small but meaningful step forward in product development and execution. Paragon Awarded Contract to Complete Final Design Work Supporting NuScale Power’s Small Modular Reactor
- Positive Sentiment: Articles highlighted NuScale’s E2 Centers, which use real-world simulation to train students on SMR operations and workforce readiness, reinforcing its leadership in the emerging nuclear education and deployment ecosystem. NuScale’s E2 Centers Bring SMR Operations Into the Classroom
- Positive Sentiment: Bullish commentary noted that small modular reactors could be the future of nuclear energy and argued NuScale remains one of the leading pure-play names in the sector. 1 Reason to Buy NuScale Power Stock, and 2 Reasons to Sell
- Neutral Sentiment: Additional coverage repeated the E2 Centers story, suggesting ongoing investor interest but no new material business update. NuScale’s E2 Centers Bring SMR Operations Into the Classroom
- Neutral Sentiment: Recent analysis said NuScale is “impossible to ignore” but warned the stock could stay volatile, which supports the idea of heightened trading interest rather than a clear fundamental breakthrough. NuScale Is Impossible to Ignore Right Now. Here’s What to Do With It.
- Negative Sentiment: Some commentary also pointed to reasons to sell, underscoring that NuScale still faces execution and commercialization risks despite long-term industry potential. 1 Reason to Buy NuScale Power Stock, and 2 Reasons to Sell
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. HSBC assumed coverage on NuScale Power in a research note on Thursday, April 23rd. They set a “hold” rating and a $13.00 target price on the stock. UBS Group decreased their target price on NuScale Power from $20.00 to $13.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Citigroup reduced their price target on NuScale Power from $9.00 to $7.00 and set a “sell” rating on the stock in a research report on Monday, May 11th. Barclays reduced their price target on NuScale Power from $45.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Monday, February 23rd. Finally, Northland Securities set a $19.00 price target on NuScale Power in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $15.92.
NuScale Power Trading Up 4.8%
The firm has a market cap of $3.79 billion, a PE ratio of -3.55 and a beta of 2.20. The business has a fifty day moving average price of $11.43 and a 200 day moving average price of $14.20.
NuScale Power (NYSE:SMR – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.03). NuScale Power had a negative net margin of 2,066.55% and a negative return on equity of 48.88%. The business had revenue of $0.57 million during 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. On average, research analysts expect that NuScale Power Corporation will post -0.46 earnings per share for the current fiscal year.
Insider Transactions at NuScale Power
In related news, Director Corp Fluor sold 13,500,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $12.07, for a total transaction of $162,945,000.00. Following the transaction, the director owned 26,436,472 shares in the company, valued at $319,088,217.04. This trade represents a 33.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In the last quarter, insiders sold 39,936,472 shares of company stock worth $472,831,169. Company insiders own 1.28% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC grew its stake in NuScale Power by 1.8% during the 1st quarter. Parallel Advisors LLC now owns 59,898 shares of the company’s stock worth $649,000 after buying an additional 1,053 shares during the last quarter. NewEdge Advisors LLC grew its stake in NuScale Power by 109.3% during the 1st quarter. NewEdge Advisors LLC now owns 48,430 shares of the company’s stock worth $525,000 after buying an additional 25,293 shares during the last quarter. Concorde Asset Management LLC grew its stake in NuScale Power by 9.8% during the 1st quarter. Concorde Asset Management LLC now owns 12,390 shares of the company’s stock worth $134,000 after buying an additional 1,110 shares during the last quarter. Verus Capital Partners LLC purchased a new position in NuScale Power during the 1st quarter worth approximately $175,000. Finally, BankChampaign National Association purchased a new position in NuScale Power during the 1st quarter worth approximately $178,000. Hedge funds and other institutional investors own 78.37% of the company’s stock.
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.
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