NuScale Power (NYSE:SMR) Trading Up 7.1% - Here's Why

Key Points

• NuScale shares were up 7.1% intraday (trading as high as $11.26) on heavy volume—about 42 million shares—driven by U.K. SMR financing for Rolls‑Royce and broader nuclear/AI‑electrification momentum that spurred sector buying and short‑covering.
• The company faces significant downside risks from active securities‑fraud class actions tied to its ENTRA1 disclosures and allegations about partner experience, plus large insider/affiliate selling (Corp Fluor sold 13.5M shares), which could create supply pressure.
• Wall Street views are mixed (median rating: Hold) after multiple price‑target cuts, and fundamentals remain weak following a sizable EPS miss (Q reported EPS $(0.80) vs. $(0.10) est.) and deeply negative margins, underscoring execution risk despite speculative interest.

NuScale Power Corporation (NYSE:SMR - Get Free Report) shares rose 7.1% during mid-day trading on Tuesday . The stock traded as high as $11.26 and last traded at $10.26. Approximately 42,011,191 shares were traded during mid-day trading, an increase of 63% from the average daily volume of 25,740,994 shares. The stock had previously closed at $9.58.

Key Stories Impacting NuScale Power

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

• Positive Sentiment: U.K. policy and financing lifted SMR sentiment — the U.K. announced ~£599m of financing and a contract to begin development of three Rolls‑Royce SMRs, which pushed investor enthusiasm across SMR names and helped bid up NuScale shares via sector momentum and short‑covering. Read More.
• Positive Sentiment: Bullish narrative and catalyst speculation — recent analyst/media pieces highlighting potential demand from AI/data‑center electrification and referenced near‑term catalysts have attracted speculative buying into beaten‑down nuclear names, amplifying intraday moves. Read More.
• Neutral Sentiment: Mixed analyst/valuation backdrop — consensus remains mixed (Hold median, varied price targets), and several write‑ups note the stock may look cheaper after big declines but emphasize execution risk and volatile fundamentals. This supports both bargain hunting and caution. Read More.
• Negative Sentiment: Active securities‑fraud class actions — multiple law firms have filed or solicited lead‑plaintiff motions tied to NuScale’s ENTRA1 disclosure and an earlier drop, with an April 20 lead‑plaintiff deadline; ongoing litigation headlines increase downside risk and could produce settlements or costs. Read More.
• Negative Sentiment: Allegations around ENTRA1 performance — plaintiff firms allege ENTRA1 partners lacked nuclear experience and cite large investor losses, reinforcing the substantive risk side of the litigation. Read More.
• Negative Sentiment: Large director/affiliate selling — Corp Fluor disclosed a sale of 13.5M shares (Apr. 9) at about $12.07 and has executed prior large disposals; the magnitude of insider/affiliate sales can create supply pressure and weigh on sentiment. Read More.

Wall Street Analyst Weigh In

SMR has been the subject of several research analyst reports. The Goldman Sachs Group cut their price objective on NuScale Power from $20.00 to $14.00 and set a "neutral" rating for the company in a research report on Monday, March 2nd. Canaccord Genuity Group cut their price objective on NuScale Power from $60.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, February 27th. Royal Bank Of Canada cut their price objective on NuScale Power from $21.00 to $14.00 and set a "sector perform" rating for the company in a research report on Monday, March 2nd. Citigroup cut their price objective on NuScale Power from $18.50 to $11.50 and set a "sell" rating for the company in a research report on Monday, March 2nd. Finally, 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 research report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $20.96.

NuScale Power Stock Up 7.1%

The company has a market cap of $3.47 billion, a P/E ratio of -3.55 and a beta of 2.27. The business has a 50-day moving average price of $12.56 and a two-hundred day moving average price of $21.41.

NuScale Power (NYSE:SMR - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported ($0.80) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.70). The firm had revenue of $1.81 million for 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%. As a group, sell-side analysts expect that NuScale Power Corporation will post -0.73 EPS for the current fiscal year.

Insider Activity at NuScale Power

In other news, Director Corp Fluor sold 13,500,000 shares of the business's stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $12.07, for a total transaction of $162,945,000.00. Following the completion of the sale, the director owned 26,436,472 shares in the company, valued at $319,088,217.04. The trade was a 33.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Robert Ramsey Hamady sold 18,570 shares of the business'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 $226,925.40. Following the sale, the chief financial officer owned 97,192 shares of the company's stock, valued at approximately $1,187,686.24. The trade was a 16.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 14,135,610 shares of company stock valued at $171,143,439 over the last quarter. 1.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On NuScale Power

Institutional investors have recently made changes to their positions in the stock. Strategic Advocates LLC acquired a new stake in shares of NuScale Power during the third quarter worth $25,000. CX Institutional acquired a new stake in shares of NuScale Power during the third quarter worth $25,000. Nemes Rush Group LLC acquired a new stake in shares of NuScale Power during the third quarter worth $25,000. Indiana Trust & Investment Management Co acquired a new stake in shares of NuScale Power during the third quarter worth $34,000. Finally, Accredited Wealth Management LLC acquired a new stake in shares of NuScale Power during the third quarter worth $35,000. 78.37% of the stock is owned by institutional investors and hedge funds.

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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