NuScale Power (NYSE:SMR) Trading 1.2% Higher – Here’s What Happened

NuScale Power Corporation (NYSE:SMR)’s stock price shot up 1.2% during trading on Monday . The stock traded as high as $12.90 and last traded at $12.8070. 34,595,869 shares traded hands during trading, an increase of 26% from the average session volume of 27,443,102 shares. The stock had previously closed at $12.65.

Key NuScale Power News

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

• Positive Sentiment: Motley Fool says NuScale is an attractive buy while trading well below prior highs and highlights the stock’s rebound potential if management delivers on June 2 — a near-term event that could change sentiment. Read More.
• Positive Sentiment: Another Fool piece frames NuScale and peers as beneficiaries of a broader “nuclear renaissance” (AI and energy policy tailwinds), which can lift investor interest in SMR plays. Read More.
• Positive Sentiment: Fool also ran a standalone take asking whether NuScale is a buy while it’s trading well below prior highs, reinforcing the undervaluation narrative that can drive retail buying. Read More.
• Neutral Sentiment: A Fool article highlights Brookfield as a lower-effort way to play nuclear — this may steer some capital away from pure-play SMR names like NuScale but is more a sector-alternative note than a direct condemnation. Read More.
• Negative Sentiment: Citigroup cut its price target on SMR to $9 and placed a “sell” rating, citing downside versus the current trading level — an institutional downgrade that can pressure the stock and damp investor conviction. Read More.
• Negative Sentiment: Seeking Alpha published a cautionary piece emphasizing “nuclear hype” and limited near-term revenue for NuScale, reinforcing concerns about the company’s ability to show meaningful sales and profits soon. Read More.
• Negative Sentiment: Another Fool article suggests investors might prefer other nuclear stocks over NuScale, which could redirect retail flows away from SMR if readers heed the comparison. Read More.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Bank of America raised NuScale Power from an “underperform” rating to a “neutral” rating and set a $28.00 price objective for the company in a research note on Friday, January 9th. UBS Group lowered their target price on NuScale Power from $20.00 to $13.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. Zacks Research upgraded NuScale Power from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. Northland Securities raised NuScale Power from a “market perform” rating to an “outperform” rating and set a $21.00 price target for the company in a research note on Friday, February 27th. Finally, Barclays decreased their price objective on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $20.75.

NuScale Power Stock Performance

The stock has a market capitalization of $4.59 billion, a price-to-earnings ratio of -4.70 and a beta of 2.27. The company has a 50-day moving average of $11.95 and a 200-day moving average of $20.30.

NuScale Power (NYSE:SMR) last announced its earnings results on Thursday, February 26th. The company reported ($0.80) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.70). The company had revenue of $1.81 million for the quarter, compared to analyst estimates of $8.76 million. NuScale Power had a negative net margin of 1,130.26% and a negative return on equity of 55.23%. As a group, analysts expect that NuScale Power Corporation will post -0.48 earnings per share for the current year.

Insider Buying and Selling at NuScale Power

In related news, CEO John Lawrence Hopkins sold 82,667 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $12.22, for a total value of $1,010,190.74. Following the completion of the transaction, the chief executive officer owned 117,018 shares of the company’s stock, valued at approximately $1,429,959.96. The trade was a 41.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Carl M. Fisher sold 22,197 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were 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 in the company, valued at approximately $1,712,523.02. This trade represents a 13.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 27,072,082 shares of company stock valued at $321,594,608. 1.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On NuScale Power

Several institutional investors and hedge funds have recently modified their holdings of SMR. Vanguard Group Inc. grew its stake in NuScale Power by 40.5% in the 4th quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock worth $220,273,000 after acquiring an additional 4,482,254 shares during the period. Van ECK Associates Corp lifted its stake in shares of NuScale Power by 117.8% during the 4th quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock worth $163,176,000 after purchasing an additional 6,227,747 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of NuScale Power by 22.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company’s stock worth $263,195,000 after purchasing an additional 1,346,796 shares during the last quarter. Morgan Stanley boosted its holdings in shares of NuScale Power by 81.0% during the fourth quarter. Morgan Stanley now owns 5,277,905 shares of the company’s stock worth $74,788,000 after purchasing an additional 2,361,532 shares during the last quarter. Finally, Samsung C&T Corp grew its position in shares of NuScale Power by 98.9% in the third quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock valued at $186,689,000 after purchasing an additional 2,578,702 shares during the period. Hedge funds and other 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.