NuScale Power Corporation (NYSE:SMR – Get Free Report) rose 8.4% on Tuesday . The company traded as high as $9.97 and last traded at $9.8120. 55,338,314 shares traded hands during mid-day trading, an increase of 80% from the average daily volume of 30,755,584 shares. The stock had previously closed at $9.05.
Key Stories Impacting NuScale Power
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: NuScale announced an alliance with Nuclearn and NPX to deploy specialized AI tools for small modular reactor engineering and operations. The technology could reduce technical information-retrieval times by as much as 80%, potentially improving engineering productivity, regulatory workflows, safety analysis, and project execution. Can NuScale Power Cut SMR Timelines With Nuclear Specific AI Tools?
- Positive Sentiment: Investor attention is also focused on NuScale’s TVA opportunity, which commentators describe as a potentially massive nuclear contract and a key catalyst for the stock. A meaningful agreement could improve the company’s long-term commercial outlook and help validate demand for its SMR technology. NuScale’s TVA Deal Could Be the Biggest Nuclear Contract in U.S. History
- Positive Sentiment: Broader market sentiment improved, lifting speculative reactor developers and other uranium-related equities. This sector-wide move appears to be supporting SMR alongside the AI and TVA narratives. NuScale Rises as Risk Appetite Returns
- Neutral Sentiment: Unusually heavy call-option activity, with 78,629 calls purchased versus typical volume of about 60,840, indicates increased speculative interest. However, options activity does not guarantee sustained buying or a fundamental improvement in results.
- Negative Sentiment: NuScale remains highly speculative: short sellers have reportedly profited as enthusiasm for SMR stocks cooled, underscoring volatility and downside risk. The company also recently reported sharply lower revenue and continues to generate losses, making execution of future contracts critical. NuScale Power Short Seller Profits Send Stark Warning
Wall Street Analysts Forecast Growth
SMR has been the topic of several research reports. B. Riley Financial lowered their price objective on shares of NuScale Power from $19.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Barclays decreased their price objective on NuScale Power from $15.00 to $11.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 22nd. Canaccord Genuity Group dropped their target price on NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Citigroup dropped their price objective on shares of NuScale Power from $7.50 to $6.50 and set a “sell” rating on the stock in a research note on Thursday, August 6th. Finally, The Goldman Sachs Group set a $9.00 price target on shares of NuScale Power in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $13.50.
NuScale Power Trading Up 4.1%
The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of -3.32 and a beta of 2.26. The stock’s 50 day moving average is $9.29 and its 200 day moving average is $11.04.
NuScale Power (NYSE:SMR – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.13). The company had revenue of $0.07 million during the quarter, compared to analysts’ expectations of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. The firm’s quarterly revenue was down 99.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.11) earnings per share. On average, sell-side analysts anticipate that NuScale Power Corporation will post -0.64 EPS for the current year.
Insider Buying and Selling
In related news, COO Carl M. Fisher sold 18,771 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total value of $175,696.56. Following the sale, the chief operating officer directly owned 114,718 shares of the company’s stock, valued at approximately $1,073,760.48. This trade represents a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Shinji Fujino sold 20,000 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $8.86, for a total transaction of $177,200.00. Following the sale, the director directly owned 17,242 shares of the company’s stock, valued at $152,764.12. This represents a 53.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.28% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On NuScale Power
Hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada increased its stake in NuScale Power by 623.4% during the 1st quarter. Royal Bank of Canada now owns 457,276 shares of the company’s stock worth $6,475,000 after buying an additional 394,065 shares during the period. AQR Capital Management LLC lifted its stake in shares of NuScale Power by 37.4% in the first quarter. AQR Capital Management LLC now owns 37,614 shares of the company’s stock worth $533,000 after acquiring an additional 10,244 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in NuScale Power during the 1st quarter worth approximately $390,000. Jones Financial Companies Lllp raised its position in shares of NuScale Power by 9.1% in the 1st quarter. Jones Financial Companies Lllp now owns 16,793 shares of the company’s stock valued at $238,000 after purchasing an additional 1,394 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of NuScale Power by 1,220.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company’s stock valued at $26,127,000 after purchasing an additional 1,705,411 shares in the last quarter. Institutional investors and hedge funds 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.
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