Northland Capmk Lowers Earnings Estimates for NuScale Power

Key Points

• Northland Capmk cut its FY2025 EPS estimate to ($2.25) from ($0.49), well below the consensus of ($0.73), and sees continued losses into FY2026.
• NuScale reported Q3 EPS of ($1.85), missing estimates by $1.74 and posting revenue of $8.24M versus $11.29M expected, resulting in very negative margins and ROE.
• Corporate insiders sold over 15 million shares (~$606M) in the last three months, and analyst coverage is mixed with an average rating of "Reduce" and an average target of $37.50.

NuScale Power Corporation (NYSE:SMR - Free Report) - Northland Capmk lowered their FY2025 earnings estimates for NuScale Power in a note issued to investors on Monday, November 10th. Northland Capmk analyst J. Grampp now forecasts that the company will earn ($2.25) per share for the year, down from their prior estimate of ($0.49). The consensus estimate for NuScale Power's current full-year earnings is ($0.73) per share. Northland Capmk also issued estimates for NuScale Power's Q4 2025 earnings at ($0.12) EPS, Q1 2026 earnings at ($0.14) EPS, Q2 2026 earnings at ($0.16) EPS, Q3 2026 earnings at ($0.17) EPS and FY2026 earnings at ($0.62) EPS.

SMR has been the topic of several other reports. BNP Paribas downgraded NuScale Power from a "hold" rating to a "strong sell" rating in a report on Tuesday, October 21st. Weiss Ratings reissued a "sell (e+)" rating on shares of NuScale Power in a research report on Wednesday, October 8th. Canaccord Genuity Group raised their price target on NuScale Power from $44.00 to $60.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. Barclays initiated coverage on shares of NuScale Power in a research note on Monday, September 29th. They issued an "equal weight" rating and a $45.00 price objective for the company. Finally, Bank of America reiterated an "underperform" rating and set a $34.00 target price (down from $38.00) on shares of NuScale Power in a report on Tuesday, September 30th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Reduce" and an average target price of $37.50.

NuScale Power Stock Performance

NuScale Power stock opened at $25.90 on Thursday. The company has a market capitalization of $7.38 billion, a PE ratio of -9.06 and a beta of 2.03. The company has a 50 day moving average price of $38.61 and a 200-day moving average price of $36.31. NuScale Power has a fifty-two week low of $11.08 and a fifty-two week high of $57.42.

NuScale Power (NYSE:SMR - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($1.85) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($1.74). The company had revenue of $8.24 million for the quarter, compared to the consensus estimate of $11.29 million. NuScale Power had a negative net margin of 594.63% and a negative return on equity of 51.27%. The company's quarterly revenue was up 1635.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.18) EPS.

Insider Buying and Selling at NuScale Power

In related news, Director Corp Fluor sold 87,900 shares of the firm's stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $39.58, for a total transaction of $3,479,082.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In the last three months, insiders sold 15,030,641 shares of company stock worth $605,953,415. Corporate insiders own 1.27% of the company's stock.

Hedge Funds Weigh In On NuScale Power

Large investors have recently added to or reduced their stakes in the company. Private Wealth Partners LLC grew its position in NuScale Power by 39.4% during the 2nd quarter. Private Wealth Partners LLC now owns 23,000 shares of the company's stock worth $910,000 after purchasing an additional 6,500 shares during the period. Truist Financial Corp lifted its holdings in shares of NuScale Power by 23.3% in the 2nd quarter. Truist Financial Corp now owns 47,645 shares of the company's stock valued at $1,885,000 after buying an additional 9,016 shares during the period. Black Swift Group LLC purchased a new stake in shares of NuScale Power in the second quarter worth about $585,000. State of New Jersey Common Pension Fund D acquired a new stake in NuScale Power during the second quarter worth about $2,943,000. Finally, Balboa Wealth Partners purchased a new position in NuScale Power during the second quarter valued at approximately $466,000. 78.37% of the stock is currently owned by institutional investors.

About NuScale Power

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

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.