NuScale Power (NYSE:SMR) Trading 8.4% Higher - What's Next?

Key Points

• NuScale shares rose 8.4% to about $9.81 on unusually heavy trading volume, reflecting a broader rebound in nuclear stocks and increased short-term call-option activity rather than a clear company-specific financial catalyst.
• The company’s deployment of nuclear-focused AI tools could accelerate development of its small modular reactor program, while rising electricity demand from data centers offers a potential long-term tailwind. However, the announcement included no new customer commitments or financial guidance.
• Fundamentals remain weak: quarterly revenue fell 99.1% year over year to $0.07 million, and the company remains unprofitable. Analysts maintain a consensus “Hold” rating with an average price target of $13.50, while recent targets and ratings have been mixed.

NuScale Power Corporation (NYSE:SMR - Get Free Report) traded up 8.4% during mid-day trading on Tuesday . The stock traded as high as $9.97 and last traded at $9.8120. 55,338,314 shares changed hands during mid-day trading, an increase of 80% from the average session volume of 30,755,584 shares. The stock had previously closed at $9.05.

Key Stories Impacting NuScale Power

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

• Positive Sentiment: Nuclear-sector rebound: NuScale shares climbed alongside other nuclear stocks in what analysts described as an oversold bounce. The move appears to reflect renewed interest in nuclear power rather than a company-specific financial catalyst. Nuclear Stocks Rebound on an Oversold Bounce
• Positive Sentiment: AI partnership supports development narrative: NuScale announced that it is deploying nuclear-specific artificial intelligence from NPX and Nuclearn to accelerate development of its advanced small modular reactor program. The technology could improve engineering, documentation, and project-development efficiency, although the announcement did not include financial guidance or new customer commitments. NuScale Power Deploys Nuclear-Specific AI
• Positive Sentiment: Unusually high call-option activity: Traders purchased 78,629 call options, approximately 29% above typical call volume. This suggests increased short-term bullish speculation, though options activity can amplify volatility and does not guarantee further gains.
• Neutral Sentiment: AI-driven electricity demand remains a potential tailwind: Rising power requirements from data centers and artificial-intelligence workloads could improve the long-term case for advanced nuclear reactors. The opportunity remains prospective, with timing, regulation, financing, and customer adoption still uncertain. Can NuScale Power Benefit From Rising AI Power Demand?
• Negative Sentiment: Fundamentals remain weak: NuScale’s latest quarterly revenue fell 99.1% year over year, and the company continues to post losses. Its highly volatile stock remains well below its 52-week high, so today’s strength appears driven more by sector momentum and trading activity than by improved operating results.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on SMR shares. Canaccord Genuity Group reduced their price objective on shares of NuScale Power from $25.00 to $15.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Barclays dropped their target price on shares of NuScale Power from $15.00 to $11.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 22nd. Truist Financial initiated coverage on NuScale Power in a report on Monday, July 13th. They set a "hold" rating and a $10.00 target price on the stock. Bank of America assumed coverage on NuScale Power in a research report on Friday, May 22nd. They set a "neutral" rating and a $12.00 target price for the company. Finally, Citigroup cut their price target on shares of NuScale Power from $7.50 to $6.50 and set a "sell" rating on the stock in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, NuScale Power has a consensus rating of "Hold" and an average target price of $13.50.

NuScale Power Trading Up 8.4%

The stock has a market cap of $4.22 billion, a P/E ratio of -3.36 and a beta of 2.26. The company has a 50 day simple moving average of $9.32 and a 200 day simple moving average of $11.13.

NuScale Power (NYSE:SMR - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, hitting analysts' consensus estimates of ($0.13). NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. The business had revenue of $0.07 million for the quarter, compared to analyst estimates of $8.80 million. During the same quarter in the previous year, the firm posted ($0.11) earnings per share. The firm's revenue for the quarter was down 99.1% on a year-over-year basis. As a group, sell-side analysts expect that NuScale Power Corporation will post -0.64 earnings per share for the current year.

Insider Activity at NuScale Power

In other news, COO Carl M. Fisher sold 18,771 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $9.36, for a total value of $175,696.56. Following the completion of the sale, the chief operating officer owned 114,718 shares of the company's stock, valued at approximately $1,073,760.48. This represents a 14.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Shinji Fujino sold 20,000 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $8.86, for a total transaction of $177,200.00. Following the completion of the sale, the director directly owned 17,242 shares in the company, valued at approximately $152,764.12. The trade was a 53.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.28% of the stock is owned by insiders.

Institutional Trading of NuScale Power

Hedge funds have recently made changes to their positions in the business. Vermillion & White Wealth Management Group LLC grew its position in shares of NuScale Power by 1,550.9% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company's stock valued at $25,000 after purchasing an additional 1,675 shares during the last quarter. Assetmark Inc. increased its position in NuScale Power by 1,940.3% during the 1st quarter. Assetmark Inc. now owns 2,428 shares of the company's stock worth $26,000 after buying an additional 2,309 shares during the period. Ameritas Advisory Services LLC bought a new position in NuScale Power during the 2nd quarter worth $27,000. Ameriflex Group Inc. acquired a new stake in shares of NuScale Power during the fourth quarter worth $30,000. Finally, Strategic Advocates LLC lifted its holdings in shares of NuScale Power by 233.0% during the fourth quarter. Strategic Advocates LLC now owns 2,321 shares of the company's stock worth $33,000 after buying an additional 1,624 shares in the last quarter. 78.37% of the stock is owned by institutional investors and hedge funds.

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.

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.

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