Citigroup Issues Pessimistic Forecast for NuScale Power (NYSE:SMR) Stock Price

Key Points

• Citigroup cut NuScale Power’s price target from $7.50 to $6.50 and maintained a “sell” rating, implying roughly 31% downside from the stock’s recent $9.48 price.
• NuScale’s quarterly loss of $0.13 per share matched expectations, but revenue was only $0.07 million versus an estimated $8.8 million, a 99.1% year-over-year decline that highlights commercialization and project-timing risks.
• Analyst sentiment remains mixed, with a consensus “hold” rating and average price target of $14.88; the stock is also heavily institutionally owned, with institutions holding 78.37% of shares.

NuScale Power (NYSE:SMR - Get Free Report) had its price objective lowered by equities researchers at Citigroup from $7.50 to $6.50 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a "sell" rating on the stock. Citigroup's price target suggests a potential downside of 31.46% from the company's current price.

Other analysts have also recently issued reports about the company. Bank of America initiated coverage on NuScale Power in a research report on Friday, May 22nd. They issued a "neutral" rating and a $12.00 target price on the stock. B. Riley Financial reduced their target price on NuScale Power from $24.00 to $19.00 and set a "buy" rating for the company in a report on Friday, April 24th. HSBC began coverage on NuScale Power in a report on Thursday, April 23rd. They issued a "hold" rating and a $13.00 target price for the company. Truist Financial started coverage on shares of NuScale Power in a report on Monday, July 13th. They set a "hold" rating and a $10.00 price target for the company. Finally, Barclays dropped their target price on NuScale Power from $15.00 to $11.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $14.88.

NuScale Power Stock Up 1.1%

Shares of NYSE SMR traded up $0.10 during trading on Thursday, reaching $9.48. 28,306,448 shares of the stock were exchanged, compared to its average volume of 30,452,332. The business's 50-day moving average price is $9.81 and its 200 day moving average price is $12.02. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of -3.25 and a beta of 2.26. NuScale Power has a twelve month low of $7.21 and a twelve month high of $57.42.

NuScale Power (NYSE:SMR - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.13). 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 $0.07 million during the quarter, compared to analyst estimates of $8.80 million. During the same quarter in the previous year, the firm earned ($0.11) earnings per share. The business's revenue was down 99.1% compared to the same quarter last year. As a group, sell-side analysts expect that NuScale Power will post -0.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On NuScale Power

A number of institutional investors and hedge funds have recently modified their holdings of SMR. Vermillion & White Wealth Management Group LLC grew its holdings in NuScale Power by 1,550.9% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company's stock worth $25,000 after acquiring an additional 1,675 shares during the period. Assetmark Inc. boosted its position in shares of NuScale Power by 1,940.3% in the 1st quarter. Assetmark Inc. now owns 2,428 shares of the company's stock worth $26,000 after purchasing an additional 2,309 shares during the last quarter. Ameriflex Group Inc. bought a new position in shares of NuScale Power in the 4th quarter worth $30,000. Strategic Advocates LLC grew its stake in shares of NuScale Power by 233.0% during the fourth quarter. Strategic Advocates LLC now owns 2,321 shares of the company's stock worth $33,000 after purchasing an additional 1,624 shares during the period. Finally, Harbour Investments Inc. increased its holdings in NuScale Power by 32.4% in the fourth quarter. Harbour Investments Inc. now owns 2,419 shares of the company's stock valued at $34,000 after purchasing an additional 592 shares during the last quarter. 78.37% of the stock is owned by institutional investors.

Key Headlines Impacting NuScale Power

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

• Positive Sentiment: Strategic fuel-cycle agreement: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate fuel recycling and manufacturing technologies for next-generation reactors. The agreement could support NuScale’s long-term commercialization efforts, although it does not represent an immediate revenue commitment. Curio, NuScale Power, and Framatome Sign Strategic MOU to Advance the Future Nuclear Fuel Cycle
• Positive Sentiment: Deployment readiness and TVA discussions: Management emphasized ongoing talks with the Tennessee Valley Authority and said NuScale is positioned for near-term deployment, citing approved reactor designs, available fuel, established suppliers and approximately $1.9 billion in liquidity. These points helped give investors reasons to focus on future contracts rather than current sales. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
• Neutral Sentiment: Quarterly loss matched expectations: NuScale reported a second-quarter loss of $0.13 per share, in line with analyst estimates. The result provided little negative surprise on the earnings-per-share line, but investors remain dependent on future project awards and commercialization milestones. NuScale Power Corporation Reports Q2 Loss, Lags Revenue Estimates
• Negative Sentiment: Severe revenue miss: Second-quarter revenue was only about $0.07–$0.08 million, versus roughly $8.8 million expected, and fell 99.1% from the prior-year period. The large shortfall highlights the timing risk of NuScale’s project-based business and remains the main fundamental headwind for SMR. NuScale Power Reports Second Quarter 2026 Results

NuScale Power Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source