NuScale Power (NYSE:SMR) Stock Price Target Cut by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald cut its NuScale price target from $20 to $15 but maintained an “overweight” rating; the revised target implies 240.6% upside from the stock’s then-current price.
• Analyst views are mixed: NuScale has an average “Hold” rating and a $9.15 consensus target, with five Buy/Strong Buy, seven Hold, and five Sell ratings.
• Quarterly revenue was just $0.28 million, far below the $3.66 million estimate and down 96.6% year over year, although the per-share loss was slightly better than expected. Separately, the company said it is advancing toward hardware production for its first commercial plant.

NuScale Power (NYSE:SMR - Get Free Report) had its target price decreased by equities researchers at Cantor Fitzgerald from $20.00 to $15.00 in a research note issued on Friday, Benzinga reports. The firm presently has an "overweight" rating on the stock. Cantor Fitzgerald's price objective would indicate a potential upside of 240.60% from the company's current price.

Several other analysts have also recently weighed in on SMR. Citigroup dropped their price objective on NuScale Power from $6.50 to $4.00 and set a "sell" rating for the company in a report on Wednesday, October 21st. Northland Securities set a $16.00 target price on shares of NuScale Power in a research note on Thursday, August 6th. Royal Bank Of Canada reduced their target price on shares of NuScale Power from $14.00 to $10.00 and set a "sector perform" rating on the stock in a research note on Tuesday, August 11th. Canaccord Genuity Group set a $11.00 price target on shares of NuScale Power in a research note on Friday. Finally, B. Riley Financial dropped their price target on shares of NuScale Power from $15.00 to $10.00 and set a "buy" rating for the company in a research note on Wednesday, October 28th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, NuScale Power presently has an average rating of "Hold" and a consensus price target of $9.15.

NuScale Power Stock Performance

NYSE SMR opened at $4.40 on Friday. The stock has a market capitalization of $1.89 billion, a P/E ratio of -1.51 and a beta of 2.42. NuScale Power has a 52 week low of $4.28 and a 52 week high of $37.41. The stock has a fifty day moving average of $7.54 and a 200-day moving average of $10.63.

NuScale Power (NYSE:SMR - Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.01. The business had revenue of $0.28 million for the quarter, compared to analyst estimates of $3.66 million. NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%. The firm's revenue for the quarter was down 96.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($1.85) earnings per share. Equities research analysts forecast that NuScale Power will post -0.59 earnings per share for the current fiscal year.

Insider Activity

In other NuScale Power news, CFO Robert Hamady sold 29,880 shares of the stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $9.39, for a total value of $280,573.20. Following the transaction, the chief financial officer owned 124,235 shares of the company's stock, valued at approximately $1,166,566.65. This represents a 19.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 firm's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $8.86, for a total value of $177,200.00. Following the transaction, the director owned 17,242 shares in the company, valued at approximately $152,764.12. This trade represents a 53.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 69,880 shares of company stock worth $615,573 in the last three months. Insiders own 1.28% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SMR. Fifth Third Bancorp increased its stake in NuScale Power by 39.0% during the 3rd quarter. Fifth Third Bancorp now owns 65,072 shares of the company's stock worth $514,000 after purchasing an additional 18,247 shares in the last quarter. AlphaCore Capital LLC acquired a new stake in NuScale Power during the 3rd quarter worth approximately $89,000. Midwest Capital Advisors LLC bought a new position in NuScale Power in the third quarter valued at approximately $139,000. Fulcrum Asset Management LLP lifted its stake in NuScale Power by 6,102.3% in 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. Finally, M Holdings Securities Inc. acquired a new position in shares of NuScale Power in the third quarter valued at approximately $113,000. Institutional investors own 78.37% of the company's stock.

Trending Headlines about NuScale Power

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

• Positive Sentiment: NuScale says it is moving from reactor design toward physical production, with Doosan Enerbility involved in a new contract to fabricate hardware for its first commercial power plant. This could mark an important step toward execution and commercialization, though the reports provide limited detail on the contract’s financial contribution. NuScale Q3 2026 earnings call transcript
• Neutral Sentiment: The investment case remains sharply divided. Some coverage points to the stock trading near book value after a steep decline, while NuScale’s NRC-approved reactor design and commercialization plans offer a longer-term growth thesis. These arguments do not resolve the near-term execution and valuation risks. NuScale stock and differing bull and bear cases
• Negative Sentiment: Third-quarter revenue was just $0.28 million, far below the $3.66 million consensus estimate and down 96.6% year over year. NuScale’s loss of $0.11 per share was slightly better than the $0.12 loss expected and improved from a $1.85 loss a year earlier, but the severe revenue miss raises concerns about near-term commercial progress. NuScale 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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