NuScale Power (NYSE:SMR) Trading Up 4.8% - Time to Buy?

Key Points

• NuScale Power shares rose 4.8% in mid-day trading, briefly touching $10.90 on heavy volume that was well above average. The move came amid renewed investor attention on the small modular reactor company.
• Recent company updates were mostly positive, including progress on its E2 Centers for SMR workforce training and a contract with Paragon for final design work on a key protection system for the NuScale Power Module. These developments suggest continued technical and educational momentum.
• Despite the rally, the stock still faces skepticism because NuScale has weak financial results, including a recent earnings miss, very low revenue, and ongoing losses. Analysts remain split, with a consensus rating of “Hold” and a $15.92 average price target.

NuScale Power Corporation (NYSE:SMR - Get Free Report)'s stock price was up 4.8% during mid-day trading on Wednesday . The company traded as high as $10.90 and last traded at $10.36. Approximately 47,572,972 shares changed hands during trading, an increase of 56% from the average daily volume of 30,435,875 shares. The stock had previously closed at $9.89.

NuScale Power News Summary

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

• Positive Sentiment: NuScale announced that its E2 Centers are bringing small modular reactor operations, control-room simulation, and workforce training into the classroom, highlighting progress on education and talent development for future SMR deployment. NuScale's E2 Centers Bring SMR Operations Into the Classroom
• Positive Sentiment: NuScale awarded Paragon a contract to complete final design work for the Highly Integrated Protection System supporting the NuScale Power Module, a sign of continued progress on the company’s reactor technology. Paragon Awarded Contract to Complete Final Design Work Supporting NuScale Power's Small Modular Reactor
• Positive Sentiment: Analysts and market commentary continue to frame NuScale as a leading U.S. small modular reactor name, with some coverage pointing to the company’s NRC Standard Design Approval and long-term upside from large-scale nuclear deployments. NuScale Power: In The Middle Of The SMR Market
• Neutral Sentiment: Broader articles on nuclear and hydrogen stocks suggest the clean-power theme remains in focus, but they do not provide a direct company-specific catalyst for SMR today. Nuclear Energy Stocks Gain From Growing Need for Reliable Clean Power
• Negative Sentiment: Coverage also highlighted the risks in NuScale’s story, including the possibility that the stock is being driven more by speculation than fundamentals, which matters because the company has recently reported very weak revenue and losses. 1 Reason to Buy NuScale Power Stock, and 2 Reasons to Sell
• Negative Sentiment: Recent commentary noting SMR trading under $10 also reinforces that investors are still questioning whether the recent rally is sustainable without more concrete commercial wins. Is SMR Under $10 a Bargain or a Trap? Here's the Honest Answer.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on SMR shares. Canaccord Genuity Group lowered their price objective on NuScale Power from $60.00 to $25.00 and set a "buy" rating for the company in a research note on Friday, February 27th. Cantor Fitzgerald decreased their price target on NuScale Power from $55.00 to $20.00 and set an "overweight" rating for the company in a research note on Tuesday, February 24th. Northland Securities set a $19.00 price target on NuScale Power in a research note on Monday, May 11th. Citigroup decreased their price target on NuScale Power from $9.00 to $7.00 and set a "sell" rating for the company in a research note on Monday, May 11th. Finally, The Goldman Sachs Group set a $9.00 price target on NuScale Power in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $15.92.

NuScale Power Price Performance

The stock has a market cap of $3.79 billion, a PE ratio of -3.55 and a beta of 2.20. The company has a 50 day moving average price of $11.43 and a two-hundred day moving average price of $14.26.

NuScale Power (NYSE:SMR - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.03). NuScale Power had a negative return on equity of 48.88% and a negative net margin of 2,066.55%.The firm had revenue of $0.57 million during the quarter, compared to the consensus estimate of $7.00 million. The firm's quarterly revenue was down 95.8% compared to the same quarter last year. As a group, equities analysts predict that NuScale Power Corporation will post -0.46 earnings per share for the current fiscal year.

Insider Activity at NuScale Power

In related news, Director Corp Fluor sold 13,500,000 shares of NuScale Power stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $11.81, for a total value of $159,435,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 39,936,472 shares of company stock valued at $472,831,169 over the last three months. Insiders own 1.28% of the company's stock.

Institutional Trading of NuScale Power

Several large investors have recently modified their holdings of the company. Cibc World Market Inc. grew its holdings in shares of NuScale Power by 3.8% in the third quarter. Cibc World Market Inc. now owns 9,000 shares of the company's stock worth $324,000 after acquiring an additional 329 shares during the period. MAI Capital Management grew its holdings in shares of NuScale Power by 37.0% in the third quarter. MAI Capital Management now owns 1,654 shares of the company's stock worth $60,000 after acquiring an additional 447 shares during the period. Harbour Investments Inc. grew its holdings in shares of NuScale Power by 32.4% in the fourth quarter. Harbour Investments Inc. now owns 2,419 shares of the company's stock worth $34,000 after acquiring an additional 592 shares during the period. Principal Financial Group Inc. grew its holdings in NuScale Power by 7.6% during the third quarter. Principal Financial Group Inc. now owns 9,706 shares of the company's stock valued at $349,000 after purchasing an additional 688 shares during the period. Finally, Strategic Advocates LLC bought a new stake in NuScale Power during the third quarter valued at about $25,000. Institutional investors 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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