NYSE:SMR

NuScale Power (SMR) Stock Price, News & Analysis

$5.50
+0.02 (+0.36%)
(As of 04/24/2024 ET)
Today's Range
$5.28
$5.63
50-Day Range
$2.53
$10.15
52-Week Range
$1.81
$11.21
Volume
2.88 million shs
Average Volume
5.44 million shs
Market Capitalization
$1.29 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.75

NuScale Power MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
40.9% Upside
$7.75 Price Target
Short Interest
Healthy
20.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of NuScale Power in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$251,026 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.41) to ($0.46) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.25 out of 5 stars

Computer And Technology Sector

503rd out of 584 stocks

Fabricated Plate Work (Boiler Shop) Industry

2nd out of 2 stocks

SMR stock logo

About NuScale Power Stock (NYSE:SMR)

NuScale Power Corporation is a leading company in advanced small modular reactors (SMRs) for nuclear power generation. The company aims to provide safe, reliable, cost-effective nuclear energy solutions to meet the world's growing demand for clean and sustainable power. Headquartered in Portland, Oregon, NuScale Power Corporation operates in various locations nationwide. It is at the forefront of developing innovative technologies that have the potential to transform the nuclear power industry.

NuScale Power Corporation specializes in designing, developing, and deploying small modular reactors. These compact, scalable, and highly efficient reactors offer several advantages over traditional large-scale reactors. The company's flagship product is the NuScale Power Module. This groundbreaking SMR design can generate up to 60 megawatts of electricity.

The NuScale Power Module features advanced passive safety systems, modular construction, and enhanced operational flexibility. It leverages natural circulation and passive cooling mechanisms, reducing the need for active systems and operator intervention during normal and abnormal conditions. This innovative design ensures safety, reliability, and improved economics for nuclear power plants.

NuScale Power Corporation primarily targets the global nuclear power industry. With the increasing demand for clean and sustainable energy sources, NuScale's SMRs offer a promising solution to meet the electricity needs of various regions. The company aims to partner with utilities, energy companies, and government entities to deploy its SMR technology worldwide.

Key customers of NuScale Power Corporation include major utility companies, energy developers, and government agencies interested in incorporating advanced nuclear power into their energy portfolios. The company has established strategic collaborations and partnerships with industry leaders to advance its technology and facilitate commercialization.

NuScale Power Corporation has achieved several notable milestones in its journey toward commercializing its SMR technology. In 2022, the U.S. Nuclear Regulatory Commission (NRC) completed its review of NuScale's Design Certification Application, marking a significant regulatory milestone for the company. This achievement demonstrated the viability and safety of NuScale's innovative SMR design.

Furthermore, NuScale Power Corporation secured contracts to deploy its SMR technology in various regions, including the United States, Canada, and Europe. These contracts showcase the growing interest and confidence in NuScale's SMR technology as a sustainable and reliable energy solution.

The leadership team at NuScale Power Corporation comprises seasoned professionals with extensive experience in the nuclear power industry and related fields. They bring a wealth of knowledge and expertise to guide the company's strategic direction and drive innovation.

John L. Hopkins serves as the President, Chief Executive Officer, and Director of NuScale Power Corporation. With a background in nuclear energy and a track record of leadership in the industry, Hopkins plays a pivotal role in steering the company toward success. Chris Colbert is the Chief Financial Officer overseeing the company's financial operations. With his finance and business strategy expertise, Colbert ensures effective financial management and supports NuScale's growth objectives.

Investors and industry analysts have closely watched NuScale Power Corporation's financial performance. The company still needs to achieve profit. NuScale Power Corporation has strategically invested in research, development, and deployment activities to advance its SMR technology.

The market performance of NuScale Power Corporation's stock has garnered significant attention for its downward trajectory since Q3 2022. Various factors influence the stock's performance, including company financials, industry dynamics, and market sentiment. 

NuScale Power Corporation operates in the dynamic and evolving nuclear power industry. The company is positioned within the heating equipment sector of the computer and technology industry. Energy demand, regulatory frameworks, environmental concerns, and technological advancements shape the industry landscape. NuScale's SMR technology provides a competitive advantage in terms of safety, efficiency, and scalability compared to traditional large-scale reactors.

NuScale Power Corporation is well-positioned to capitalize on various growth opportunities in the nuclear power industry. The company's innovative SMR technology offers potential advantages such as reduced capital costs, enhanced safety features, and flexibility in deployment. NuScale aims to seize opportunities by expanding its partnerships, securing new contracts, and exploring international markets. The company's ongoing research and development efforts could also lead to further technological advancements and potential applications beyond power generation.

NuScale Power Corporation faces risks and challenges that could impact its operations and financial performance. These include regulatory uncertainties, public perception of nuclear power, competition from alternative energy sources, and the complexity of nuclear project development. The company must navigate these challenges through effective risk management strategies, regulatory compliance, and continued innovation to mitigate potential negative impacts.

SMR Stock Price History

SMR Stock News Headlines

Why These Nuclear Stocks Could Beat Solar and Wind Energy Stocks (SMR)
Nuclear energy is poised for a comeback, offering investors a unique opportunity to capitalize on the growing demand for clean energy solutions.
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
UK nuclear power strategy takes shape
NuScale Power Shows Too Many Red Flags
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
NuScale Power Corp CEO John Hopkins Sells 59,768 Shares
Why NuScale Power Stock Keeps Going Down
SMR Apr 2024 12.000 call
See More Headlines
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Company Calendar

Last Earnings
3/14/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Fabricated plate work (boiler shop)
Sub-Industry
N/A
Fax
N/A
Employees
398
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.75
High Stock Price Target
$12.00
Low Stock Price Target
$4.25
Potential Upside/Downside
+40.9%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-58,360,000.00
Net Margins
-255.86%
Pretax Margin
-789.63%

Debt

Sales & Book Value

Annual Sales
$22.81 million
Book Value
$0.56 per share

Miscellaneous

Free Float
229,696,000
Market Cap
$1.29 billion
Optionable
Optionable
Beta
1.06
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SMR Stock Analysis - Frequently Asked Questions

Should I buy or sell NuScale Power stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NuScale Power in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SMR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMR, but not buy additional shares or sell existing shares.
View SMR analyst ratings
or view top-rated stocks.

What is NuScale Power's stock price target for 2024?

5 Wall Street analysts have issued 1-year target prices for NuScale Power's shares. Their SMR share price targets range from $4.25 to $12.00. On average, they anticipate the company's share price to reach $7.75 in the next year. This suggests a possible upside of 40.9% from the stock's current price.
View analysts price targets for SMR
or view top-rated stocks among Wall Street analysts.

How have SMR shares performed in 2024?

NuScale Power's stock was trading at $3.29 at the beginning of 2024. Since then, SMR stock has increased by 67.2% and is now trading at $5.50.
View the best growth stocks for 2024 here
.

Are investors shorting NuScale Power?

NuScale Power saw a drop in short interest in March. As of March 31st, there was short interest totaling 11,690,000 shares, a drop of 22.6% from the March 15th total of 15,100,000 shares. Based on an average daily volume of 4,650,000 shares, the short-interest ratio is presently 2.5 days. Currently, 20.8% of the shares of the stock are sold short.
View NuScale Power's Short Interest
.

When is NuScale Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our SMR earnings forecast
.

How can I listen to NuScale Power's earnings call?

NuScale Power will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were NuScale Power's earnings last quarter?

NuScale Power Co. (NYSE:SMR) announced its quarterly earnings results on Thursday, March, 14th. The company reported ($0.25) earnings per share for the quarter, missing analysts' consensus estimates of ($0.22) by $0.03. The firm earned $4.56 million during the quarter, compared to analyst estimates of $1.75 million. NuScale Power had a negative net margin of 255.86% and a negative trailing twelve-month return on equity of 29.93%.

What ETFs hold NuScale Power's stock?

ETFs with the largest weight of NuScale Power (NYSE:SMR) stock in their portfolio include Subversive Decarbonization ETF (DKRB).Global X Uranium ETF (URA).

Who are NuScale Power's major shareholders?

NuScale Power's stock is owned by many different retail and institutional investors. Top institutional shareholders include Rheos Capital Works Inc. (0.11%) and Evanson Asset Management LLC (0.01%). Insiders that own company stock include Alan L Boeckmann, Chris Colbert, Chris Panichi, Dale Atkinson, Energy New Technology In Green, John Lawrence Hopkins, Jose N Reyes Jr, Karin Feldman, Private Equity Co Ltd Ds, Robert K Temple, Rudy Murgo, Securities Co Ltd Ibk, Shinji Fujino and Thomas P Mundy.
View institutional ownership trends
.

How do I buy shares of NuScale Power?

Shares of SMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SMR) was last updated on 4/25/2024 by MarketBeat.com Staff

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