Wall Street Zen upgraded shares of NuScale Power (NYSE:SMR – Free Report) from a strong sell rating to a sell rating in a research report report published on Saturday morning,Wall Street Zen reports.
A number of other research analysts also recently issued reports on the stock. Barclays downgraded shares of NuScale Power from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $11.00 to $5.00 in a research report on Tuesday, October 20th. B. Riley Financial dropped their price objective on shares of NuScale Power from $15.00 to $10.00 and set a “buy” rating on the stock in a research note on Wednesday, October 28th. Citigroup cut their target price on shares of NuScale Power from $4.00 to $3.50 and set a “sell” rating on the stock in a report on Friday. Northland Securities set a $16.00 target price on NuScale Power in a research note on Thursday, August 6th. Finally, Canaccord Genuity Group lowered their target price on NuScale Power from $15.00 to $11.00 and set a “buy” rating for the company in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $8.73.
Check Out Our Latest Analysis on NuScale Power
NuScale Power Trading Up 14.6%
SMR stock opened at $5.01 on Friday. The stock’s 50 day simple moving average is $7.44 and its 200 day simple moving average is $10.56. NuScale Power has a 12-month low of $4.28 and a 12-month high of $32.09. The firm has a market cap of $2.15 billion, a P/E ratio of -4.24 and a beta of 2.42.
NuScale Power (NYSE:SMR – Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The company reported ($0.11) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.01. NuScale Power had a negative net margin of 6,817.00% and a negative return on equity of 13.17%. The firm had revenue of $0.28 million during the quarter, compared to the consensus estimate of $3.66 million. During the same quarter in the previous year, the company posted ($1.85) earnings per share. The firm’s revenue was down 96.6% on a year-over-year basis. On average, research analysts forecast that NuScale Power will post -0.59 EPS for the current fiscal year.
Insider Transactions at NuScale Power
In other NuScale Power news, CFO Robert Hamady sold 20,000 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $7.89, for a total transaction of $157,800.00. Following the sale, the chief financial officer directly owned 144,235 shares in the company, valued at approximately $1,138,014.15. The trade was a 12.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Shinji Fujino sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $8.86, for a total transaction of $177,200.00. Following the completion of the sale, the director directly owned 17,242 shares of the company’s stock, valued at approximately $152,764.12. This represents a 53.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 69,880 shares of company stock worth $615,573 over the last 90 days. 1.28% of the stock is owned by insiders.
Institutional Investors Weigh In On NuScale Power
A number of institutional investors have recently added to or reduced their stakes in SMR. Allworth Financial LP increased its position in shares of NuScale Power by 23.1% during the 3rd quarter. Allworth Financial LP now owns 21,669 shares of the company’s stock valued at $171,000 after purchasing an additional 4,070 shares during the period. Fifth Third Bancorp lifted its holdings in shares of NuScale Power by 39.0% in the third quarter. Fifth Third Bancorp now owns 65,072 shares of the company’s stock valued at $514,000 after buying an additional 18,247 shares during the period. AlphaCore Capital LLC acquired a new stake in shares of NuScale Power in the third quarter valued at $89,000. Midwest Capital Advisors LLC bought a new position in NuScale Power during the third quarter valued at about $139,000. Finally, Fulcrum Asset Management LLP boosted its stake in NuScale Power by 6,102.3% during the third quarter. Fulcrum Asset Management LLP now owns 245,486 shares of the company’s stock valued at $1,905,000 after buying an additional 241,528 shares in the last quarter. 78.37% of the stock is currently owned by institutional investors and hedge funds.
More NuScale Power News
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: NuScale says it has begun moving from reactor development toward physical module manufacturing, working with Doosan Enerbility. The company cited about $1.9 billion in liquidity and its NRC-approved reactor design; securing commercial orders, including progress in negotiations with the Tennessee Valley Authority, remains important. SMR Q3 Earnings Call Highlights Shift to Module Manufacturing
- Positive Sentiment: SMR shares benefited from a rebound in nuclear stocks, while NuScale’s CEO said the company is not reliant on data-center demand. That may help ease concerns that its prospects depend on a single source of electricity demand. NuScale: We’re “Not Reliant on Data Centers”
- Neutral Sentiment: Analyst views diverged: Cantor Fitzgerald lowered its target to $15 but maintained an Overweight rating, while RBC cut its target to $5 and kept Sector Perform. Canaccord price-target report
- Negative Sentiment: Citigroup cut its price target from $4 to $3.50 and rated the stock Sell, adding to pressure from analysts reassessing the shares. Citigroup rating information
- Negative Sentiment: Third-quarter revenue was only $0.28 million, far below the $3.66 million analyst estimate and down 96.6% year over year. The $0.11-per-share loss was slightly better than the $0.12 consensus, but the revenue shortfall highlights the distance between manufacturing progress and meaningful sales. NuScale Power Reports Third Quarter 2026 Results
NuScale Power Company Profile
NuScale Power Corporation develops small modular reactor (SMR) technology for producing electricity and other forms of low-carbon energy. The company’s core product is the NuScale Power Module, a compact pressurized-water reactor designed to be manufactured in a factory, transported to a site and deployed in scalable configurations.
NuScale markets its technology through the VOYGR power plant platform, which can combine multiple reactor modules to meet the needs of utilities, industrial users and other customers.
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