Free Trial

NuScale Power (NYSE:SMR) Stock Price Up 6.8% - Should You Buy?

NuScale Power logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • NuScale (NYSE:SMR) jumped 6.8% to about $13.46 on Tuesday with ~23.6M shares traded (≈19% below average); the company has a $4.02B market cap and trades well below its 50‑ and 200‑day moving averages.
  • Management's growth thesis centers on ENTRA1 — a target of 6 GW (72 modules) by 2030 that could materially boost revenue if executed, but near‑term results are expected to show a sharp year‑over‑year revenue decline and the stock remains sensitive to quarterly misses and guidance; analyst coverage is mixed with a consensus "Hold" and an average price target of $28.19.
  • Significant headline and legal risk: multiple firms have filed/are soliciting for a securities class action alleging misstatements about ENTRA1 commercialization and partner vetting (reports cite a material expense near $495M), which could increase costs, pressure the share price and keep volatility elevated ahead of an April 20 lead‑plaintiff deadline.
  • Five stocks to consider instead of NuScale Power.

NuScale Power Corporation (NYSE:SMR - Get Free Report) traded up 6.8% during trading on Tuesday . The stock traded as high as $13.49 and last traded at $13.4580. 23,569,600 shares were traded during trading, a decline of 19% from the average session volume of 29,202,037 shares. The stock had previously closed at $12.60.

Key Stories Impacting NuScale Power

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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on SMR shares. Wall Street Zen downgraded shares of NuScale Power from a "hold" rating to a "sell" rating in a research report on Saturday, November 8th. B. Riley Financial lowered their price objective on NuScale Power from $38.00 to $24.00 and set a "buy" rating for the company in a research note on Monday, December 22nd. Royal Bank Of Canada set a $21.00 target price on NuScale Power in a report on Tuesday, January 20th. Barclays decreased their price target on NuScale Power from $45.00 to $15.00 and set an "equal weight" rating for the company in a report on Monday. Finally, Zacks Research raised shares of NuScale Power from a "strong sell" rating to a "hold" rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $28.19.

Get Our Latest Report on SMR

NuScale Power Stock Up 6.8%

The stock has a market cap of $4.02 billion, a P/E ratio of -4.71 and a beta of 2.13. The firm's fifty day moving average price is $17.03 and its 200-day moving average price is $27.69.

Insider Buying and Selling at NuScale Power

In other NuScale Power news, CFO Robert Ramsey Hamady sold 40,000 shares of the stock in a transaction 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 transaction, the chief financial officer 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On NuScale Power

A number of hedge funds have recently bought and sold shares of SMR. Van ECK Associates Corp lifted its position in shares of NuScale Power by 117.8% in the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company's stock valued at $163,176,000 after acquiring an additional 6,227,747 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of 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. Clear Street Group Inc. purchased a new position in shares of NuScale Power during the 3rd quarter worth approximately $155,616,000. Voloridge Investment Management LLC acquired a new position in NuScale Power in the 4th quarter valued at about $48,993,000. Finally, Samsung C&T Corp increased its stake in 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 buying an additional 2,578,702 shares during the period. Hedge funds and other institutional investors own 78.37% of the company's stock.

NuScale Power Company Profile

(Get Free Report)

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.

Featured Stories

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.

Should You Invest $1,000 in NuScale Power Right Now?

Before you consider NuScale Power, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NuScale Power wasn't on the list.

While NuScale Power currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines