NuScale Power (NYSE:SMR) Trading 3.6% Higher – Still a Buy?

Posted by Brenda Bartman on Aug 7th, 2026

NuScale Power Corporation (NYSE:SMR – Get Free Report) shot up 3.6% during mid-day trading on Friday . The stock traded as high as $10.02 and last traded at $9.8120. 30,171,606 shares were traded during mid-day trading, a decline of 1% from the average daily volume of 30,481,795 shares. The stock had previously closed at $9.47.

NuScale Power News Roundup

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

Positive Sentiment: Management emphasized discussions with the Tennessee Valley Authority and near-term deployment readiness. Approved reactor designs, available fuel, supplier progress and approximately $1.9 billion in liquidity support NuScale’s ability to advance commercial projects. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
Positive Sentiment: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate advanced nuclear fuel recycling and manufacturing. The collaboration could strengthen NuScale’s long-term fuel-supply and reactor-commercialization plans. Curio, NuScale Power, and Framatome Sign Strategic MOU
Positive Sentiment: Northland Securities maintained its Buy rating, while Canaccord Genuity kept a Buy rating despite reducing its price target to $15 from $25. The continued bullish ratings reflect confidence in NuScale’s longer-term growth opportunity. Northland Securities Keeps Buy Rating
Neutral Sentiment: NuScale’s second-quarter loss of $0.13 per share matched expectations, but revenue was only about $0.07–$0.08 million versus an $8.8 million consensus estimate. The revenue decline largely reflected the winding down of RoPower work, making timing a key issue for investors. SMR Q2 Earnings Meet Estimates, Revenues Miss on RoPower Timing
Neutral Sentiment: Analyst opinion remains mixed: the consensus rating is Hold, with Buy, Hold and Sell ratings across Wall Street. This suggests investors see meaningful upside potential but also substantial execution and valuation risk. Analysts Are Neutral on NuScale Power
Negative Sentiment: Citigroup lowered its price target to $6.50 from $7.50 and retained a Sell rating, citing downside risk from NuScale’s weak current fundamentals and uncertain deployment timeline. Citigroup price-target update
Negative Sentiment: Chief Operating Officer Carl Fisher sold 18,771 shares worth approximately $176,000. The filing said the sale covered tax withholding on vested equity awards, reducing its significance as a discretionary bearish signal, but it still modestly adds to selling pressure. SEC insider transaction filing

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Bank of America assumed coverage on NuScale Power in a research note on Friday, May 22nd. They issued a “neutral” rating and a $12.00 target price on the stock. Northland Securities set a $16.00 target price on shares of NuScale Power in a report on Thursday. Canaccord Genuity Group cut their price objective 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. The Goldman Sachs Group set a $9.00 price target on NuScale Power in a report on Friday, May 8th. Finally, B. Riley Financial dropped their target price on NuScale Power from $24.00 to $19.00 and set a “buy” rating for the company in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, NuScale Power presently has a consensus rating of “Hold” and an average price target of $14.12.

Read Our Latest Stock Report on SMR

NuScale Power Stock Performance

The stock has a fifty day moving average price of $9.76 and a 200-day moving average price of $11.94. The firm has a market cap of $3.59 billion, a PE ratio of -3.36 and a beta of 2.26.

NuScale Power (NYSE:SMR – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.13). The company had revenue of $0.07 million during the quarter, compared to the consensus estimate of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 46.91%. NuScale Power’s revenue for the quarter was down 99.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.11) earnings per share. As a group, equities analysts predict that NuScale Power Corporation will post -0.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, COO Carl M. Fisher sold 18,771 shares of NuScale Power stock in a transaction that occurred on 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 $1,073,760.48. This trade represents a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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.

Hedge Funds Weigh In On NuScale Power

A number of institutional investors have recently added to or reduced their stakes in SMR. Triumph Capital Management purchased a new position in NuScale Power in the third quarter valued at about $37,000. EverSource Wealth Advisors LLC increased its stake in shares of NuScale Power by 187.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the company’s stock worth $67,000 after buying an additional 1,105 shares during the last quarter. Ancora Advisors LLC boosted its stake in NuScale Power by 177,500.0% during the 3rd quarter. Ancora Advisors LLC now owns 1,776 shares of the company’s stock valued at $64,000 after acquiring an additional 1,775 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its holdings in NuScale Power by 1,550.9% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company’s stock worth $25,000 after acquiring an additional 1,675 shares in the last quarter. Finally, Monimus Capital Management LP bought a new stake in shares of NuScale Power in the 2nd quarter worth about $72,000. Institutional investors and hedge funds own 78.37% of the company’s stock.

About NuScale Power

(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.