NuScale Power Corporation (NYSE:SMR) Receives $15.46 Average PT from Analysts

Shares of NuScale Power Corporation (NYSE:SMRGet Free Report) have been assigned an average recommendation of “Hold” from the seventeen analysts that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, nine have given a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $15.1538.

SMR has been the topic of several analyst reports. Northland Securities set a $19.00 price target on shares of NuScale Power in a research note on Monday, May 11th. B. Riley Financial reduced their price objective 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. Barclays decreased their target price on NuScale Power from $15.00 to $11.00 and set an “equal weight” rating on the stock in a report on Wednesday. Citigroup reiterated a “sell” rating on shares of NuScale Power in a research report on Wednesday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a report on Wednesday, June 24th.

Get Our Latest Stock Report on SMR

NuScale Power Stock Down 8.0%

Shares of NYSE:SMR opened at $8.10 on Friday. The stock has a market capitalization of $2.96 billion, a PE ratio of -2.77 and a beta of 2.24. The firm’s 50 day moving average price is $10.21 and its 200-day moving average price is $12.67. NuScale Power has a twelve month low of $7.21 and a twelve month high of $57.42.

NuScale Power (NYSE:SMRGet Free Report) last announced its earnings results on Thursday, May 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate 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 $0.56 million for the quarter, compared to the consensus estimate of $7.00 million. The business’s revenue for the quarter was down 95.8% compared to the same quarter last year. Analysts expect that NuScale Power will post -0.46 earnings per share for the current fiscal year.

Key NuScale Power News

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

  • Positive Sentiment: Analysts and recent articles highlighted NuScale’s regulatory lead, approved technology, and about $1 billion in liquidity, which could support future project execution if management converts the pipeline into signed contracts. Article Title
  • Positive Sentiment: Coverage also emphasized rising nuclear demand and NuScale’s U.S. and Romania project pipeline, which keeps the long-term growth thesis intact if funding hurdles can be overcome. Article Title
  • Positive Sentiment: Some investors may take encouragement from the valuation reset, which has made SMR look less expensive than before after a steep share-price decline. Article Title
  • Neutral Sentiment: Analysts reportedly assigned NuScale an average price target of $15.46, suggesting meaningful upside from current levels, but that target still depends on execution rather than any near-term operational inflection. Article Title
  • Negative Sentiment: The main concern remains weak revenue, missed expectations, and continued losses, underscoring that NuScale has not yet proven it can monetize its technology at scale. Article Title
  • Negative Sentiment: Investors are still worried about financing risk and dilution, since multiple reports said project funding and capital needs will be decisive for whether the company can turn its pipeline into revenue. Article Title
  • Negative Sentiment: Recent comparisons with other nuclear names, plus articles noting NuScale’s sharp year-to-date and one-year decline, reinforce the market’s skepticism about near-term commercial traction. Article Title

Institutional Investors Weigh In On NuScale Power

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its holdings in NuScale Power by 117.8% during the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock valued at $163,176,000 after purchasing an additional 6,227,747 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of NuScale Power in the first quarter worth $59,141,000. Vanguard Group Inc. increased its stake in shares of NuScale Power by 40.5% in the fourth quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock worth $220,273,000 after purchasing an additional 4,482,254 shares in the last quarter. Voloridge Investment Management LLC purchased a new stake in shares of NuScale Power in the fourth quarter worth $48,993,000. Finally, Samsung C&T Corp raised its position in shares of NuScale Power by 98.9% during the 3rd 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. 78.37% of the stock is owned by hedge funds and other institutional investors.

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.

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