NuScale Power (NYSE:SMR) Stock Price Down 6.1% – Time to Sell?

NuScale Power Corporation (NYSE:SMRGet Free Report) shares dropped 6.1% on Tuesday . The stock traded as low as $8.58 and last traded at $8.6250. Approximately 30,242,671 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 30,395,209 shares. The stock had previously closed at $9.19.

NuScale Power News Roundup

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

  • Positive Sentiment: A potential Tennessee Valley Authority project involving approximately 6–8 gigawatts of NuScale reactors could become a major commercial catalyst if finalized. Management has described it as potentially the largest nuclear build-out in U.S. history, although the project remains prospective. NuScale’s Potential TVA Deal Could Be 6 to 8 Gigawatts
  • Positive Sentiment: NuScale is pursuing industrial-heat applications, supplying high-temperature steam to industries such as chemicals and fuels. This could expand its addressable market beyond electricity generation, though meaningful revenue would likely take time. Could Industrial Heat Unlock New Growth for NuScale Stock?
  • Neutral Sentiment: NuScale retains a key competitive advantage as the only U.S. small modular reactor developer with its design certified by the Nuclear Regulatory Commission. However, industry-wide uranium, enrichment, manufacturing and equipment bottlenecks could delay reactor deployment. The Bottlenecks of the Nuclear Fuel and Supply Chain
  • Negative Sentiment: Second-quarter revenue reportedly collapsed to just $75,000 as previously recognized FEED-study work ended, highlighting that NuScale has not yet established consistent commercial revenue. The company’s latest quarterly revenue was down about 99% year over year, while it continued to report a loss. NuScale Power Falls With Q2 Revenue Drop and New Share Sale
  • Negative Sentiment: NuScale announced a new $750 million equity offering. Although the financing strengthens its cash position and extends its runway, issuing more shares could dilute existing shareholders and reinforces concerns about the company’s dependence on capital markets. NuScale’s Revenue Fell 99%, Its Cash Pile Grew by $900 Million

Analyst Ratings Changes

Several research analysts have recently weighed in on SMR shares. B. Riley Financial dropped their price target on shares of NuScale Power from $19.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday. The Goldman Sachs Group set a $9.00 price objective on NuScale Power in a research note on Friday, May 8th. Citigroup decreased their target price on NuScale Power from $7.50 to $6.50 and set a “sell” rating on the stock in a report on Thursday, August 6th. Bank of America initiated coverage on NuScale Power in a research report on Friday, May 22nd. They set a “neutral” rating and a $12.00 target price on the stock. Finally, Northland Securities set a $16.00 price target on NuScale Power in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $13.50.

View Our Latest Research Report on NuScale Power

NuScale Power Stock Performance

The company has a market capitalization of $3.71 billion, a PE ratio of -2.95 and a beta of 2.26. The company’s fifty day moving average is $9.40 and its 200-day moving average is $11.45.

NuScale Power (NYSE:SMRGet Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, meeting the consensus estimate of ($0.13). The business had revenue of $0.07 million for 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 35.59%. The company’s revenue for the quarter was down 99.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.11) earnings per share. On average, sell-side analysts expect that NuScale Power Corporation will post -0.43 EPS for the current fiscal year.

Insider Activity at NuScale Power

In related news, COO Carl M. Fisher sold 18,771 shares of NuScale Power stock in a transaction 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 transaction, the chief operating officer owned 114,718 shares in the company, valued at approximately $1,073,760.48. The trade was a 14.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.28% of the stock is owned by insiders.

Hedge Funds Weigh In On NuScale Power

Several large investors have recently made changes to their positions in the business. Harbour Investments Inc. grew its position in shares of NuScale Power by 32.4% during the fourth quarter. Harbour Investments Inc. now owns 2,419 shares of the company’s stock worth $34,000 after purchasing an additional 592 shares in the last quarter. Arax Advisory Partners raised its position in shares of NuScale Power by 26.0% during the fourth quarter. Arax Advisory Partners now owns 3,739 shares of the company’s stock valued at $53,000 after buying an additional 772 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its holdings in shares of NuScale Power by 7.7% in the third quarter. Newbridge Financial Services Group Inc. now owns 14,270 shares of the company’s stock worth $514,000 after buying an additional 1,015 shares in the last quarter. Triumph Capital Management bought a new position in shares of NuScale Power during the third quarter worth $37,000. Finally, Parallel Advisors LLC boosted its position in shares of NuScale Power by 1.8% during the first quarter. Parallel Advisors LLC now owns 59,898 shares of the company’s stock worth $649,000 after acquiring an additional 1,053 shares during the last quarter. 78.37% of the stock is currently 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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