Wall Street Zen Upgrades NuScale Power (NYSE:SMR) to "Sell"

Key Points

• Wall Street Zen upgraded NuScale Power from “strong sell” to “sell,” while analysts overall maintain a “hold” consensus and an average price target of $8.73.
• NuScale reported a quarterly loss of $0.11 per share, slightly better than expected, but revenue of $0.28 million missed the $3.66 million estimate and fell 96.6% year over year.
• The company says it is moving toward physical module manufacturing and has about $1.9 billion in liquidity, but securing commercial orders remains important to turning that progress into sales.

NuScale Power (NYSE:SMR - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "strong sell" rating to a "sell" rating in a report released on Saturday, Wall Street Zen reports.

Other equities analysts have also issued research reports about the company. UBS Group lowered NuScale Power from a "neutral" rating to a "sell" rating and cut their price target for the company from $10.00 to $6.00 in a research note on Friday, September 11th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $4.00 price target on shares of NuScale Power in a research report on Friday. Canaccord Genuity Group cut their price target on NuScale Power from $15.00 to $11.00 and set a "buy" rating for the company in a research note on Friday. Northland Securities set a $16.00 target price on shares of NuScale Power in a research note on Thursday, August 6th. Finally, Royal Bank Of Canada reduced their price target on shares of NuScale Power from $7.00 to $5.00 and set a "sector perform" rating for the company in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $8.73.

NuScale Power Stock Up 14.6%

NYSE:SMR 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. The firm has a market capitalization of $2.15 billion, a PE ratio of -4.24 and a beta of 2.42. NuScale Power has a twelve month low of $4.28 and a twelve month high of $32.09.

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 analysts' consensus estimates of ($0.12) by $0.01. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. The company had revenue of $0.28 million during the quarter, compared to analysts' expectations of $3.66 million. During the same period last year, the company posted ($1.85) EPS. NuScale Power's revenue was down 96.6% on a year-over-year basis. On average, analysts anticipate that NuScale Power will post -0.59 EPS for the current fiscal year.

Insider Buying and Selling at NuScale Power

In other NuScale Power news, Director Shinji Fujino sold 20,000 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $8.86, for a total value of $177,200.00. Following the completion of the transaction, the director owned 17,242 shares of the company's stock, valued at $152,764.12. The trade was a 53.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Robert Hamady sold 29,880 shares of the stock in a transaction on 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 directly owned 124,235 shares in the company, valued at $1,166,566.65. The trade was a 19.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 69,880 shares of company stock worth $615,573 over the last 90 days. 1.28% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On NuScale Power

Several hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC acquired a new stake in shares of NuScale Power during the first quarter worth $59,141,000. Bank of America Corp DE grew its position in shares of NuScale Power by 33.4% in the 1st quarter. Bank of America Corp DE now owns 2,062,232 shares of the company's stock valued at $22,355,000 after acquiring an additional 516,097 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in NuScale Power in the third quarter valued at approximately $12,785,000. Bank of New York Mellon Corp raised its position in shares of NuScale Power by 21.9% in the 1st quarter. Bank of New York Mellon Corp now owns 482,517 shares of the company's stock worth $5,230,000 after acquiring an additional 86,652 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of NuScale Power during the first quarter valued at approximately $4,336,000. 78.37% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting NuScale Power

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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