NuScale Power (NYSE:SMR) Stock Price Down 1.2% - Time to Sell?

Key Points

• NuScale Power (SMR) traded down about 1.2% to roughly $14.31 mid‑day with volume up 26% (19.29M shares), well below its 50‑ and 200‑day moving averages of $24.81 and $34.70.
• Analyst sentiment is mixed: the MarketBeat average rating is "Reduce" with an average target of $35.18, while individual targets range widely (Goldman $23, Canaccord $60, Cantor $55) and ratings split into 4 Buys, 8 Holds and 5 Sells.
• The company reported a significant EPS miss (loss of $1.85 vs. -$0.11 expected), negative margins/ROE and a revenue shortfall, and insiders have sold nearly 4.0M shares (~$158M) in the past three months.

NuScale Power Corporation (NYSE:SMR - Get Free Report) traded down 1.2% during mid-day trading on Tuesday . The company traded as low as $14.07 and last traded at $14.3060. 19,285,271 shares changed hands during trading, an increase of 26% from the average session volume of 15,363,698 shares. The stock had previously closed at $14.48.

Analyst Ratings Changes

Several equities research analysts have weighed in on SMR shares. The Goldman Sachs Group lowered their target price on shares of NuScale Power from $27.00 to $23.00 and set a "neutral" rating for the company in a research note on Friday, December 12th. Zacks Research upgraded shares of NuScale Power from a "strong sell" rating to a "hold" rating in a report on Monday, December 22nd. Canaccord Genuity Group lifted their price objective on NuScale Power from $44.00 to $60.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of NuScale Power in a report on Monday. Finally, Cantor Fitzgerald started coverage on NuScale Power in a research report on Tuesday, October 21st. They set an "overweight" rating and a $55.00 target price on the stock. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Reduce" and an average target price of $35.18.

NuScale Power Stock Down 1.2%

The stock has a market capitalization of $4.27 billion, a price-to-earnings ratio of -5.00 and a beta of 2.09. The business's 50-day moving average is $24.81 and its two-hundred day moving average is $34.70.

NuScale Power (NYSE:SMR - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($1.85) EPS for the quarter, missing the consensus estimate of ($0.11) by ($1.74). NuScale Power had a negative net margin of 594.63% and a negative return on equity of 51.27%. The company had revenue of $8.24 million during the quarter, compared to analyst estimates of $11.29 million. During the same period in the prior year, the business posted ($0.18) EPS. NuScale Power's revenue for the quarter was up 1635.2% compared to the same quarter last year. As a group, analysts forecast that NuScale Power Corporation will post -0.73 EPS for the current fiscal year.

Insider Activity at NuScale Power

In related news, Director Corp Fluor sold 87,900 shares of the business's stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $39.58, for a total value of $3,479,082.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Robert Ramsey Hamady sold 40,000 shares of the business's stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $22.17, for a total transaction of $886,800.00. Following the completion of the sale, the chief financial officer directly owned 46,283 shares in the company, valued at $1,026,094.11. This trade represents a 46.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 3,996,632 shares of company stock valued at $158,490,067. Corporate insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On NuScale Power

Several institutional investors have recently modified their holdings of SMR. Invesco Ltd. grew its stake in NuScale Power by 112.7% during the 1st quarter. Invesco Ltd. now owns 73,916 shares of the company's stock worth $1,047,000 after purchasing an additional 39,167 shares in the last quarter. Northern Trust Corp raised its position in shares of NuScale Power by 7.1% during the 1st quarter. Northern Trust Corp now owns 857,728 shares of the company's stock worth $12,145,000 after acquiring an additional 56,535 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of NuScale Power by 8.0% during the 1st quarter. Kestra Advisory Services LLC now owns 74,586 shares of the company's stock worth $1,056,000 after buying an additional 5,525 shares during the last quarter. MetLife Investment Management LLC lifted its position in NuScale Power by 3.6% in the first quarter. MetLife Investment Management LLC now owns 53,100 shares of the company's stock valued at $752,000 after acquiring an additional 1,822 shares during the last quarter. Finally, Corebridge Financial Inc. lifted its holdings in shares of NuScale Power by 5.2% in the 1st quarter. Corebridge Financial Inc. now owns 44,302 shares of the company's stock valued at $627,000 after purchasing an additional 2,181 shares during the last quarter. Institutional investors and hedge funds own 78.37% of the company's stock.

About NuScale Power

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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