Northland Securities Weighs in on NuScale Power Q1 Earnings

Key Points

• NuScale reported a quarterly loss of $0.11 per share, slightly better than the $0.12 consensus, but revenue of $0.28 million missed the $3.66 million estimate and fell 96.6% year over year.
• Northland Securities forecasts losses of $0.14 per share in each quarter of 2027. Analysts’ overall rating is Hold, with an average price target of $8.73, though several firms recently lowered targets or ratings.
• Shares opened at $5.01, near the 52-week low of $4.28 and well below the 52-week high of $32.09.

NuScale Power Corporation (NYSE:SMR - Free Report) - Equities research analysts at Northland Securities issued their Q1 2027 earnings estimates for shares of NuScale Power in a research note issued to investors on Friday, November 6th. Northland Securities analyst J. Grampp forecasts that the company will earn ($0.14) per share for the quarter. The consensus estimate for NuScale Power's current full-year earnings is ($0.59) per share. Northland Securities also issued estimates for NuScale Power's Q2 2027 earnings at ($0.14) EPS, Q3 2027 earnings at ($0.14) EPS and Q4 2027 earnings at ($0.14) EPS.

Other equities research analysts have also issued research reports about the company. Truist Financial dropped their price objective on NuScale Power from $10.00 to $8.00 and set a "hold" rating for the company in a research note on Thursday, October 22nd. Royal Bank Of Canada decreased their target price on NuScale Power from $7.00 to $5.00 and set a "sector perform" rating on the stock in a research note on Friday. Barclays cut NuScale Power from an "equal weight" rating to an "underweight" rating and lowered their price target for the company from $11.00 to $5.00 in a report on Tuesday, October 20th. Citigroup dropped their price target on NuScale Power from $4.00 to $3.50 and set a "sell" rating for the company in a research report on Friday. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of NuScale Power in a report on Monday, September 21st. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $8.73.

NuScale Power Stock Performance

NuScale Power stock opened at $5.01 on Monday. NuScale Power has a fifty-two week low of $4.28 and a fifty-two week high of $32.09. The stock has a market cap of $2.15 billion, a P/E ratio of -4.24 and a beta of 2.42. The firm's fifty day moving average price is $7.44 and its 200-day moving average price is $10.56.

NuScale Power (NYSE:SMR - Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The company reported ($0.11) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.01. The firm had revenue of $0.28 million during the quarter, compared to analyst estimates of $3.66 million. NuScale Power had a negative net margin of 6,817.00% and a negative return on equity of 13.17%. The business's revenue for the quarter was down 96.6% on a year-over-year basis. During the same period in the previous year, the business earned ($1.85) EPS.

Hedge Funds Weigh In On NuScale Power

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Allworth Financial LP raised its holdings 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 buying an additional 4,070 shares in the last quarter. Fifth Third Bancorp lifted its position in NuScale Power by 39.0% in the 3rd quarter. Fifth Third Bancorp now owns 65,072 shares of the company's stock worth $514,000 after buying an additional 18,247 shares during the last quarter. AlphaCore Capital LLC purchased a new stake in NuScale Power in the third quarter worth approximately $89,000. Midwest Capital Advisors LLC purchased a new stake in NuScale Power in the third quarter worth approximately $139,000. Finally, Fulcrum Asset Management LLP boosted 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 worth $1,905,000 after buying an additional 241,528 shares in the last quarter. 78.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NuScale Power

In other news, Director Shinji Fujino sold 20,000 shares of NuScale Power stock in a transaction on Tuesday, August 18th. The shares were 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. The trade was a 53.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Robert Hamady sold 20,000 shares of the company's stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $7.89, for a total transaction of $157,800.00. Following the completion of the transaction, the chief financial officer owned 144,235 shares of the company's stock, valued at $1,138,014.15. This trade represents a 12.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 69,880 shares of company stock worth $615,573. Corporate insiders own 1.28% of the company's stock.

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 develops small modular nuclear reactor technology and related services for electric utilities, industrial companies, and government customers. Its NuScale Power Module is a factory-fabricated, water-cooled reactor designed to be deployed in groups, allowing plants to scale capacity to meet customer needs.

The company supports projects through engineering, licensing, design, and deployment services. Its VOYGR plant concept uses NuScale modules to provide electricity and can also support applications such as district heating, hydrogen production, and water desalination.

Founded in 2007, NuScale is based in Portland, Oregon, and pursues projects in the United States and international markets.

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