NuScale Power (NYSE:SMR) Shares Down 3.2% on Analyst Downgrade

Key Points

• Shares fell about 3.2% mid‑day after UBS cut its price target from $20 to $13, joining several other firms that have trimmed targets and leaving NuScale with an average analyst rating of "Hold" and an average target of $20.88.
• The company reported a hefty quarterly miss—EPS of -$0.80 vs. -$0.10 expected and revenue of $1.81M versus $8.76M estimated—highlighting severe negative margins and near‑term financial pressure.
• There has been notable insider selling (CEO sold 82,667 shares; COO sold 22,197; insiders sold ~635,610 shares worth $8.2M in the last 90 days) and multiple securities‑class action filings that pose a potential legal overhang (lead‑plaintiff deadline April 20, 2026).

NuScale Power Corporation (NYSE:SMR - Get Free Report)'s share price was down 3.2% during mid-day trading on Wednesday after UBS Group lowered their price target on the stock from $20.00 to $13.00. UBS Group currently has a neutral rating on the stock. NuScale Power traded as low as $11.97 and last traded at $12.0440. Approximately 15,620,218 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 26,548,131 shares. The stock had previously closed at $12.44.

Other equities research analysts have also recently issued reports about the stock. Royal Bank Of Canada decreased their price objective on shares of NuScale Power from $21.00 to $14.00 and set a "sector perform" rating for the company in a research report on Monday, March 2nd. The Goldman Sachs Group cut their price target on NuScale Power from $20.00 to $14.00 and set a "neutral" rating on the stock in a research note on Monday, March 2nd. Cantor Fitzgerald decreased their price target on NuScale Power from $55.00 to $20.00 and set an "overweight" rating for the company in a report on Tuesday, February 24th. B. Riley Financial dropped their price objective on NuScale Power from $38.00 to $24.00 and set a "buy" rating on the stock in a report on Monday, December 22nd. Finally, TD Cowen lowered NuScale Power from a "buy" rating to a "hold" rating in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, NuScale Power presently has an average rating of "Hold" and an average target price of $20.88.

Insider Buying and Selling

In related news, CEO John Lawrence Hopkins sold 82,667 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total transaction of $1,010,190.74. Following the transaction, the chief executive officer owned 117,018 shares in the company, valued at $1,429,959.96. This trade represents a 41.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Carl M. Fisher sold 22,197 shares of NuScale Power stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total value of $271,247.34. Following the transaction, the chief operating officer directly owned 140,141 shares in the company, valued at approximately $1,712,523.02. This trade represents a 13.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 635,610 shares of company stock valued at $8,198,439 over the last ninety days. Company insiders own 1.20% of the company's stock.

NuScale Power News Roundup

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

• Positive Sentiment: Seeking Alpha upgraded SMR to a "Speculative Buy," citing a washed‑out bottom after large prior declines, NuScale's first‑mover advantage as the only NRC‑certified SMR technology, ~ $1B liquidity and potential long‑term monetization upside. Article Title
• Positive Sentiment: Market attention toward nuclear names lifted SMR earlier this week (shares rallied ~3% on March 17) as investors rotated into nuclear/clean‑energy themes tied to data‑center power demand. Article Title
• Neutral Sentiment: Analyst pieces from Yahoo/Zacks highlight NuScale’s push to sell modular SMRs into AI data‑center power markets — a meaningful long‑term revenue avenue — but stress revenue depends on signed PPAs and flawless project execution. This is a conditional catalyst rather than immediate revenue recognition. Article Title
• Negative Sentiment: UBS cut its price target from $20 to $13 and set a "neutral" rating, which reduces upside in analyst forecasts and signals more cautious near‑term expectations. Article Title
• Negative Sentiment: Multiple law firms have filed or are soliciting lead plaintiffs in securities‑class actions (alleging misstatements/omissions and citing ENTRA1 issues and a prior stock drop). Notices emphasize an April 20, 2026 lead‑plaintiff deadline and include potential individual liability claims against executives — a material near‑term overhang that could drive legal costs, management distraction and further volatility. Article Title

Hedge Funds Weigh In On NuScale Power

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its position in NuScale Power by 40.5% in the 4th quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company's stock valued at $220,273,000 after purchasing an additional 4,482,254 shares during the last quarter. Van ECK Associates Corp grew its position in NuScale Power by 117.8% during the 4th quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company's stock worth $163,176,000 after purchasing an additional 6,227,747 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in NuScale Power by 22.6% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company's stock valued at $263,195,000 after purchasing an additional 1,346,796 shares during the period. Morgan Stanley increased its stake in NuScale Power by 81.0% in the fourth quarter. Morgan Stanley now owns 5,277,905 shares of the company's stock valued at $74,788,000 after purchasing an additional 2,361,532 shares during the period. Finally, Samsung C&T Corp raised its holdings in shares of NuScale Power by 98.9% in the third quarter. Samsung C&T Corp now owns 5,185,804 shares of the company's stock valued at $186,689,000 after buying an additional 2,578,702 shares during the last quarter. 78.37% of the stock is currently owned by hedge funds and other institutional investors.

NuScale Power Stock Down 3.2%

The firm has a market capitalization of $3.59 billion, a PE ratio of -4.17 and a beta of 2.19. The business's fifty day moving average price is $15.90 and its 200 day moving average price is $25.06.

NuScale Power (NYSE:SMR - Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.70). The company had revenue of $1.81 million during the quarter, compared to analyst estimates of $8.76 million. NuScale Power had a negative net margin of 1,130.26% and a negative return on equity of 55.23%. On average, analysts anticipate that NuScale Power Corporation will post -0.73 earnings per share for the current year.

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.

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