NuScale Power (NYSE:SMR) Trading Up 5.3% - Here's What Happened

NuScale Power Corporation (NYSE:SMR - Get Free Report) shares rose 5.3% during mid-day trading on Thursday . The stock traded as high as $9.80 and last traded at $9.7610. 37,765,855 shares changed hands during mid-day trading, an increase of 22% from the average session volume of 30,928,697 shares. The stock had previously closed at $9.27.

NuScale Power News Roundup

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

• Positive Sentiment: Nuclear-focused AI initiative could improve execution: NuScale announced an alliance with Nuclearn and NPX to deploy specialized AI tools for small modular reactor engineering and operations. The companies say the technology can reduce technical-information retrieval times by as much as 80%, potentially improving engineering productivity, regulatory workflows, safety analysis, and project timelines. Can NuScale Power Cut SMR Timelines With Nuclear Specific AI Tools?
• Positive Sentiment: Potential TVA contract remains a major catalyst: Investor commentary continues to highlight NuScale’s TVA-related opportunity as a potentially transformational nuclear contract. However, the reports frame it as a future catalyst rather than a finalized revenue award, so the near-term valuation impact remains speculative. NuScale’s TVA Deal Could Be the Biggest Nuclear Contract in U.S. History
• Neutral Sentiment: Broader market conditions helped sentiment: NuScale’s rebound occurred alongside gains in the broader market and other nuclear-related stocks, indicating that part of the move reflected renewed appetite for high-risk growth companies rather than a company-specific fundamental change. NuScale Power Rises as Risk Appetite Returns
• Negative Sentiment: Speculation and weak fundamentals remain risks: NuScale recently sold off despite the AI announcement, while short sellers reportedly profited during a cooling SMR enthusiasm cycle. The company also continues to face substantial execution risk, including negative earnings and sharply lower recent revenue, making the stock sensitive to delays or failure to secure large contracts. NuScale Power Short Seller Profits Send Stark Warning

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on SMR shares. Barclays decreased their target price on NuScale Power from $15.00 to $11.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 22nd. Bank of America began coverage on NuScale Power in a report on Friday, May 22nd. They issued a "neutral" rating and a $12.00 target price on the stock. B. Riley Financial cut their price objective on shares of NuScale Power from $19.00 to $15.00 and set a "buy" rating on the stock in a report on Friday, August 14th. Canaccord Genuity Group reduced their target price on NuScale Power from $25.00 to $15.00 and set a "buy" rating for the company in a report on Thursday, August 6th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of NuScale Power in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $13.50.

NuScale Power Trading Up 5.3%

The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of -3.34 and a beta of 2.26. The stock's 50 day moving average price is $9.29 and its two-hundred day moving average price is $11.04.

NuScale Power (NYSE:SMR - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.13). The company had revenue of $0.07 million during the quarter, compared to the consensus estimate of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. The company's revenue for the quarter was down 99.1% on a year-over-year basis. During the same period last year, the firm earned ($0.11) EPS. On average, sell-side analysts forecast that NuScale Power Corporation will post -0.64 earnings per share for the current fiscal year.

Insider Transactions at NuScale Power

In other NuScale Power news, COO Carl M. Fisher sold 18,771 shares of NuScale Power stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total transaction of $175,696.56. Following the completion of the transaction, the chief operating officer owned 114,718 shares in the company, valued at approximately $1,073,760.48. The trade was a 14.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $8.86, for a total value of $177,200.00. Following the sale, the director owned 17,242 shares in the company, valued at approximately $152,764.12. This trade represents a 53.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.28% of the company's stock.

Hedge Funds Weigh In On NuScale Power

Large investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. raised its holdings in NuScale Power by 32.4% in the fourth quarter. Harbour Investments Inc. now owns 2,419 shares of the company's stock valued at $34,000 after acquiring an additional 592 shares in the last quarter. Arax Advisory Partners boosted its stake in NuScale Power by 26.0% in the fourth quarter. Arax Advisory Partners now owns 3,739 shares of the company's stock valued at $53,000 after acquiring an additional 772 shares during the period. Newbridge Financial Services Group Inc. grew its stake in NuScale Power by 7.7% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 14,270 shares of the company's stock worth $514,000 after buying an additional 1,015 shares during the last quarter. Triumph Capital Management bought a new position in shares of NuScale Power during the third quarter worth about $37,000. Finally, Parallel Advisors LLC lifted its position in NuScale Power by 1.8% in the 1st quarter. Parallel Advisors LLC now owns 59,898 shares of the company's stock valued at $649,000 after purchasing an additional 1,053 shares during the last quarter. 78.37% of the stock is currently owned by hedge funds and other institutional investors.

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.

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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