NuScale Power (NYSE:SMR) Stock Price Up 14.7% - Here's Why

Key Points

• NuScale shares jumped 14.7% intraday to about $11.76 on heavy trading (≈57.5M shares, ~119% above average), driven by sector catalysts like U.K. SMR financing and a Rolls‑Royce SMR deal plus bullish narratives around AI/data‑center power demand that fueled speculative buying and short‑covering.
• There are material near‑term risks from active litigation tied to ENTRA1 disclosure allegations and significant insider selling (a director sold ~13.5M shares and insiders disposed of ~14.1M shares worth $171M in the last 90 days), which could create supply pressure and negative headlines.
• Fundamentals remain weak after a large quarterly EPS miss and deeply negative margins, and analysts are mixed—MarketBeat shows a consensus "Hold" with a $20.96 target despite several recent price‑target cuts.

NuScale Power Corporation (NYSE:SMR - Get Free Report) shares rose 14.7% during mid-day trading on Wednesday . The stock traded as high as $12.02 and last traded at $11.7590. Approximately 57,485,056 shares traded hands during trading, an increase of 119% from the average daily volume of 26,195,754 shares. The stock had previously closed at $10.25.

Key Stories Impacting NuScale Power

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

• Positive Sentiment: Sector catalyst — U.K. financing and a Rolls‑Royce SMR contract lifted sentiment across the small modular reactor sector, helping bid up U.S.-listed SMR names and likely contributing to NuScale’s rally as traders chase a sector-wide catalyst. QuiverQuant: UK SMR funding boosts sector
• Positive Sentiment: Bullish narrative / near-term catalysts — media and broker commentary highlighting AI/data‑center power demand and upcoming company/sector catalysts have encouraged speculative buying into beaten-down nuclear names, amplifying short-covering and momentum flows into SMR. MarketBeat SMR coverage
• Neutral Sentiment: Valuation and analyst mix — coverage notes make SMR look cheaper after recent declines, which can attract bargain hunters, but analysts remain mixed and recent price-target cuts underscore execution and timing risks. (Readers should weigh volatility vs. potential upside.) Yahoo Finance: valuation take
• Negative Sentiment: Active litigation headlines — multiple law firms have filed or solicited plaintiffs and reminded investors of an April 20 lead‑plaintiff deadline after disclosures tied to ENTRA1 and a prior stock plunge; ongoing class-action activity raises potential legal exposure and persistent negative press. GlobeNewswire: Bragar class-action notice
• Negative Sentiment: ENTRA1 allegations — plaintiff firms point to disclosure issues around ENTRA1 and claim material misstatements that precipitated an earlier ~12% drop; those substantive allegations (if pursued) could create earnings, reputational, and settlement risks. PR Newswire: ENTRA1 / stock drop
• Negative Sentiment: Large insider selling — a disclosed director sale of 13.5M shares (~$163M) in early April materially reduced a major holder’s stake; that magnitude can create supply pressure and amplify negative sentiment even as some sales may be portfolio/monetization-driven. SEC Form 4 — Fluor sale

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Bank of America upgraded NuScale Power from an "underperform" rating to a "neutral" rating and set a $28.00 price objective for the company in a report on Friday, January 9th. Texas Capital upgraded NuScale Power to a "strong-buy" rating in a report on Tuesday, January 27th. UBS Group dropped their price objective on NuScale Power from $20.00 to $13.00 and set a "neutral" rating for the company in a report on Wednesday, March 18th. Canaccord Genuity Group dropped their price objective on NuScale Power from $60.00 to $25.00 and set a "buy" rating for the company in a report on Friday, February 27th. Finally, Citigroup dropped their price objective on NuScale Power from $18.50 to $11.50 and set a "sell" rating for the company in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, NuScale Power presently has a consensus rating of "Hold" and a consensus target price of $20.96.

NuScale Power Trading Up 14.7%

The firm has a market cap of $3.97 billion, a PE ratio of -4.07 and a beta of 2.27. The firm has a fifty day simple moving average of $12.41 and a two-hundred day simple moving average of $21.21.

NuScale Power (NYSE:SMR - Get Free Report) last announced its 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 firm had revenue of $1.81 million during the quarter, compared to the consensus estimate of $8.76 million. NuScale Power had a negative return on equity of 55.23% and a negative net margin of 1,130.26%. Equities analysts expect that NuScale Power Corporation will post -0.73 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO John Lawrence Hopkins sold 82,667 shares of the company's stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total value of $1,010,190.74. Following the sale, the chief executive officer directly owned 117,018 shares of the company's stock, valued at $1,429,959.96. This represents a 41.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Clayton Scott sold 22,478 shares of the company's stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $12.22, for a total value of $274,681.16. Following the completion of the sale, the insider directly owned 132,852 shares in the company, valued at approximately $1,623,451.44. The trade was a 14.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 14,135,610 shares of company stock valued at $171,143,439 over the last 90 days. 1.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On NuScale Power

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CX Institutional purchased a new stake in NuScale Power in the third quarter worth $25,000. Nemes Rush Group LLC purchased a new stake in shares of NuScale Power in the 3rd quarter worth approximately $25,000. Strategic Advocates LLC purchased a new stake in shares of NuScale Power in the 3rd quarter worth approximately $25,000. Vermillion & White Wealth Management Group LLC grew its stake in shares of NuScale Power by 1,550.9% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company's stock worth $25,000 after buying an additional 1,675 shares during the last quarter. Finally, Ameriflex Group Inc. purchased a new stake in shares of NuScale Power in the 4th quarter worth approximately $30,000. 78.37% of the stock is owned by hedge funds and other institutional investors.

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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