NuScale Power (NYSE:SMR) Stock Price Up 7.6% - Still a Buy?

Key Points

• Stock move: NuScale shares jumped 7.6% intraday to $9.8560 on Wednesday with roughly 29.3 million shares changing hands, about 14% above average volume.
• Legal/ENTRA1 risk: Multiple securities class‑action suits allege misrepresentations related to the ENTRA1 program and partner experience, a key catalyst for a recent ~12% intraday share plunge and heightened legal and reputational risk.
• Fundamentals and analyst view: The company posted a large Q4 EPS and revenue miss with negative margins and ROE, insiders have sold shares, and analysts are mixed—consensus "Hold" with a $20.88 average price target but wide rating dispersion.

NuScale Power Corporation (NYSE:SMR - Get Free Report)'s stock price rose 7.6% during mid-day trading on Wednesday . The stock traded as high as $10.21 and last traded at $9.8560. Approximately 29,274,125 shares traded hands during trading, an increase of 14% from the average daily volume of 25,685,137 shares. The stock had previously closed at $9.16.

Key Headlines Impacting NuScale Power

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

• Neutral Sentiment: NuScale scheduled its First‑Quarter 2026 earnings conference call for May 7, 2026 (5:00 p.m. ET); investors will watch management commentary for details on ENTRA1, program timelines, and cash/contract updates. NuScale Power to Hold First Quarter 2026 Earnings Conference Call
• Negative Sentiment: Multiple securities‑class‑action lawsuits and firm notices have been filed or announced alleging misrepresentations to investors covering May 13–Nov 6, 2025; firms are soliciting lead‑plaintiff candidates (lead‑plaintiff deadline April 20, 2026). The litigation increases legal and reputational risk and has been a catalyst for selling pressure. Securities Fraud Class Action Filed Faruqi & Faruqi reminder
• Negative Sentiment: Coverage alleges ENTRA1 partners lacked meaningful nuclear project experience and that disclosures tied to ENTRA1 triggered an ~12% intraday share plunge; plaintiffs claim executives made misleading statements about the program. These allegations are the proximate cause of the recent selloff and remain unresolved. BFA Law investor announcement Levi & Korsinsky on ENTRA1
• Negative Sentiment: Market commentary points to weak recent fundamentals (Q4 revenue decline, analyst cuts) and technical selling; independent media and commentators have highlighted the share weakness and uncertainty around the company’s commercialization path. That narrative is pressuring sentiment until clearer operational updates arrive. Fool: Why SMR sank Benzinga: chart note

Analysts Set New Price Targets

SMR has been the topic of several recent analyst reports. Royal Bank Of Canada reduced their target price on NuScale Power from $21.00 to $14.00 and set a "sector perform" rating on the stock in a research report on Monday, March 2nd. Texas Capital upgraded NuScale Power to a "strong-buy" rating in a research note on Tuesday, January 27th. B. Riley Financial reduced their target price 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. Citigroup reduced their target price on NuScale Power from $18.50 to $11.50 and set a "sell" rating for the company in a research note on Monday, March 2nd. Finally, Zacks Research upgraded NuScale Power from a "strong sell" rating to a "hold" rating in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $20.88.

NuScale Power Stock Performance

The company has a market cap of $3.33 billion, a PE ratio of -3.41 and a beta of 2.27. The stock has a 50 day moving average of $13.27 and a 200-day moving average of $22.29.

NuScale Power (NYSE:SMR - Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.70). The firm had revenue of $1.81 million during the quarter, compared to analysts' expectations 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 research analysts forecast that NuScale Power Corporation will post -0.73 EPS for the current year.

Insider Buying and Selling at NuScale Power

In other NuScale Power news, CTO Jose N. Reyes, Jr. sold 25,951 shares of NuScale Power stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $12.22, for a total transaction of $317,121.22. Following the completion of the transaction, the chief technology officer owned 268,081 shares in the company, valued at approximately $3,275,949.82. This trade represents a 8.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Corp Fluor sold 463,747 shares of NuScale Power stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $13.15, for a total value of $6,098,273.05. Following the transaction, the director owned 39,936,472 shares of the company's stock, valued at $525,164,606.80. The trade was a 1.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 635,610 shares of company stock worth $8,198,439. Insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On NuScale Power

A number of institutional investors have recently modified their holdings of SMR. Allianz Asset Management GmbH acquired a new stake in shares of NuScale Power during the 3rd quarter valued at about $14,347,000. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of NuScale Power by 686.9% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 184,609 shares of the company's stock valued at $6,646,000 after acquiring an additional 161,149 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of NuScale Power by 103.4% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 609,450 shares of the company's stock valued at $21,940,000 after acquiring an additional 309,810 shares during the period. Lisanti Capital Growth LLC acquired a new stake in shares of NuScale Power during the 3rd quarter valued at about $2,350,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of NuScale Power by 22.6% during 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 during the period. Hedge funds and other institutional investors own 78.37% of the company's stock.

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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