Royal Bank Of Canada Lowers NuScale Power (NYSE:SMR) Price Target to $10.00

Key Points

• Royal Bank of Canada cut NuScale Power’s price target from $14 to $10 while maintaining a “sector perform” rating, implying roughly 4.5% upside from the prior close. Analysts overall rate the stock “Hold,” with an average target of $13.81.
• NuScale’s recent financial results remained weak: the company reported a $0.13-per-share loss and just $0.07 million in quarterly revenue, down 99.1% year over year and far below the $8.80 million consensus estimate.
• Shares traded around $9.57, near their 50-day average and well below the 12-month high of $57.42. The company remains highly speculative as investors assess commercialization, regulatory timing and its ability to fund development.

NuScale Power (NYSE:SMR - Get Free Report) had its target price lowered by analysts at Royal Bank Of Canada from $14.00 to $10.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a "sector perform" rating on the stock. Royal Bank Of Canada's price target indicates a potential upside of 4.50% from the company's previous close.

Several other equities research analysts have also commented on the company. Canaccord Genuity Group cut their target price on NuScale Power from $25.00 to $15.00 and set a "buy" rating on the stock in a research report on Thursday, August 6th. Weiss Ratings restated a "sell (d-)" rating on shares of NuScale Power in a report on Wednesday, June 24th. B. Riley Financial reduced their price objective on shares of NuScale Power from $24.00 to $19.00 and set a "buy" rating for the company in a research report on Friday, April 24th. Bank of America started coverage on shares of NuScale Power in a research note on Friday, May 22nd. They issued a "neutral" rating and a $12.00 price objective for the company. Finally, Truist Financial began coverage on shares of NuScale Power in a research report on Monday, July 13th. They set a "hold" rating and a $10.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, NuScale Power presently has an average rating of "Hold" and an average price target of $13.81.

NuScale Power Stock Performance

Shares of SMR traded up $0.39 during trading hours on Tuesday, reaching $9.57. The stock had a trading volume of 8,381,360 shares, compared to its average volume of 30,286,906. NuScale Power has a 12 month low of $7.21 and a 12 month high of $57.42. The stock has a market capitalization of $3.50 billion, a PE ratio of -3.27 and a beta of 2.26. The company's 50-day moving average is $9.63 and its two-hundred day moving average is $11.80.

NuScale Power (NYSE:SMR - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.13). The business had revenue of $0.07 million during the quarter, compared to analysts' expectations of $8.80 million. NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%.The business's revenue for the quarter was down 99.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.11) EPS. Equities analysts anticipate that NuScale Power will post -0.45 earnings per share for the current fiscal year.

Insider Buying and Selling

In other NuScale Power news, COO Carl M. Fisher sold 18,771 shares of the company's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total transaction of $175,696.56. Following the transaction, the chief operating officer owned 114,718 shares in the company, valued at approximately $1,073,760.48. This represents a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.28% of the company's stock.

Institutional Trading of NuScale Power

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Van ECK Associates Corp boosted its position in shares of NuScale Power by 117.8% during the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company's stock valued at $163,176,000 after buying an additional 6,227,747 shares during the last quarter. Renaissance Technologies LLC purchased a new position in NuScale Power during the 1st quarter worth $59,141,000. Vanguard Group Inc. grew its stake in shares of NuScale Power by 40.5% in the 4th quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company's stock worth $220,273,000 after acquiring an additional 4,482,254 shares in the last quarter. Voloridge Investment Management LLC bought a new stake in shares of NuScale Power in the 4th quarter worth $48,993,000. Finally, Samsung C&T Corp grew its stake in shares of NuScale Power by 98.9% in the 3rd quarter. Samsung C&T Corp now owns 5,185,804 shares of the company's stock worth $186,689,000 after acquiring an additional 2,578,702 shares in the last quarter. 78.37% of the stock is owned by institutional investors.

NuScale Power News Summary

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

• Positive Sentiment: Northland Securities raised its earnings forecasts. Analyst J. Grampp reduced expected losses for the third quarter of 2026 to $0.11 per share from $0.13, and for the fourth quarter to $0.10 from $0.12. The firm also narrowed its projected losses for fiscal 2026 to $0.47 from $0.51 and for fiscal 2027 to $0.53 from $0.65. While NuScale is still expected to remain unprofitable, the revisions suggest improving expectations for its financial outlook.
• Positive Sentiment: Policy developments could expand nuclear-industry opportunities. The Department of Energy narrowed its proposed Nuclear Lifecycle Innovation Campuses competition to five states—Utah, Tennessee, Oklahoma, Louisiana and Idaho. The initiative could create future contracting and investment opportunities throughout the nuclear supply chain, including small modular reactor developers. Unlocking $50 Billion Across the Nuclear Value Chain
• Neutral Sentiment: NuScale’s long-term opportunity remains highly speculative. Coverage highlights potential demand from artificial-intelligence data centers and a potentially large nuclear-energy market, but commercialization timing remains uncertain. AI Data Centers Need Power Now. Can NuScale Deliver in Time? Prediction: This $10 Nuclear Energy Stock Could Be Worth $100 by 2036
• Negative Sentiment: Near-term fundamentals remain weak. NuScale recently reported a $0.13-per-share loss and only $0.08 million in quarterly revenue, down 99.1% year over year and well below the $8.80 million analyst estimate. Investors also remain focused on execution, regulatory timing and whether the company’s roughly $1.9 billion liquidity position can support commercialization. Should You Buy, Sell or Hold NuScale Stock Post Q2 Earnings?

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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