NuScale Power (NYSE:SMR) Stock Price Down 1.8% - What's Next?

Key Points

• SMR was down 1.8% on Tuesday, last trading around $17.10 with volume of 20.3M shares (about 34% above average), and the stock sits well below its 50‑day ($30.37) and 200‑day ($36.01) moving averages.
• Analysts are mixed but cautious — MarketBeat shows a consensus rating of "Reduce" with an average target of $36.04, while individual targets range widely (e.g., Cantor Fitzgerald $55, Citigroup $37.50).
• Q3 results were weak (EPS ‑$1.85 vs. est. ‑$0.11; revenue $8.24M vs. $11.29M) and insiders have sold heavily (14.27M shares in the last three months), even as institutions own about 78% of the stock.

NuScale Power Corporation (NYSE:SMR - Get Free Report)'s stock price traded down 1.8% on Tuesday . The stock traded as low as $16.61 and last traded at $17.1040. 20,303,275 shares traded hands during trading, an increase of 34% from the average session volume of 15,142,817 shares. The stock had previously closed at $17.41.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on SMR shares. Cantor Fitzgerald assumed coverage on NuScale Power in a research note on Tuesday, October 21st. They set an "overweight" rating and a $55.00 price objective on the stock. Citigroup reiterated a "sell" rating and issued a $37.50 price target (down previously from $46.00) on shares of NuScale Power in a research note on Tuesday, October 21st. Bank of America restated an "underperform" rating and set a $34.00 price objective (down from $38.00) on shares of NuScale Power in a research note on Tuesday, September 30th. Barclays started coverage on shares of NuScale Power in a research note on Monday, September 29th. They issued an "equal weight" rating and a $45.00 target price for the company. Finally, Zacks Research downgraded NuScale Power from a "hold" rating to a "strong sell" rating in a research report on Wednesday, November 12th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and six have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average target price of $36.04.

NuScale Power Price Performance

The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of -5.98 and a beta of 2.09. The company's 50-day simple moving average is $30.37 and its 200-day simple moving average is $36.01.

NuScale Power (NYSE:SMR - Get Free Report) last announced its earnings results 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 firm had revenue of $8.24 million for the quarter, compared to the consensus estimate of $11.29 million. NuScale Power had a negative return on equity of 51.27% and a negative net margin of 594.63%.NuScale Power's revenue for the quarter was up 1635.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.18) EPS. Research analysts expect that NuScale Power Corporation will post -0.73 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Robert Ramsey Hamady sold 40,000 shares of the business's stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $22.17, for a total value of $886,800.00. Following the completion of the sale, the chief financial officer owned 46,283 shares of the company's stock, valued at approximately $1,026,094.11. The trade was a 46.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Corp Fluor sold 87,900 shares of the company's stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $39.58, for a total transaction of $3,479,082.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 14,268,457 shares of company stock valued at $577,002,009 in the last three months. Insiders own 1.20% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SMR. Vanguard Group Inc. boosted its stake in shares of NuScale Power by 6.1% in the first quarter. Vanguard Group Inc. now owns 8,940,535 shares of the company's stock valued at $126,598,000 after buying an additional 512,618 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in NuScale Power by 22.6% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company's stock valued at $263,195,000 after acquiring an additional 1,346,796 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of NuScale Power by 67.2% during the 3rd quarter. Van ECK Associates Corp now owns 5,287,814 shares of the company's stock valued at $190,362,000 after acquiring an additional 2,125,250 shares during the period. Samsung C&T Corp grew its holdings in shares of NuScale Power by 98.9% during the 3rd quarter. Samsung C&T Corp now owns 5,185,804 shares of the company's stock worth $186,689,000 after purchasing an additional 2,578,702 shares in the last quarter. Finally, Clear Street Group Inc. bought a new position in shares of NuScale Power in the third quarter worth $155,616,000. 78.37% of the stock is 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.

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