NuScale Power Corporation (NYSE:SMR – Free Report) – Analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for NuScale Power in a report issued on Tuesday, October 21st. Cantor Fitzgerald analyst D. Soderberg expects that the company will post earnings per share of ($0.60) for the year. Cantor Fitzgerald has a “Overweight” rating and a $55.00 price objective on the stock. The consensus estimate for NuScale Power’s current full-year earnings is ($0.73) per share. Cantor Fitzgerald also issued estimates for NuScale Power’s FY2026 earnings at ($0.53) EPS.
Other equities research analysts have also recently issued research reports about the company. UBS Group raised their target price on NuScale Power from $34.00 to $38.00 and gave the stock a “neutral” rating in a research note on Monday, August 11th. Northland Capmk raised NuScale Power to a “hold” rating in a research note on Monday, July 7th. BNP Paribas Exane cut NuScale Power from a “neutral” rating to an “underperform” rating in a research note on Tuesday. Citigroup reaffirmed a “sell” rating and issued a $37.50 price objective (down from $46.00) on shares of NuScale Power in a research note on Tuesday. Finally, Barclays assumed coverage on NuScale Power in a research note on Monday, September 29th. They issued an “equal weight” rating and a $45.00 price objective for the company. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, NuScale Power currently has an average rating of “Reduce” and an average target price of $37.73.
NuScale Power Stock Down 9.7%
SMR stock opened at $34.67 on Thursday. The business has a fifty day moving average of $38.36 and a two-hundred day moving average of $33.82. The stock has a market cap of $9.88 billion, a price-to-earnings ratio of -29.13 and a beta of 2.02. NuScale Power has a 52-week low of $11.08 and a 52-week high of $57.42.
NuScale Power (NYSE:SMR – Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.01). The business had revenue of $8.05 million for the quarter, compared to analyst estimates of $10.49 million. NuScale Power had a positive return on equity of 2.61% and a negative net margin of 221.07%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Harbour Investments Inc. boosted its position in shares of NuScale Power by 21.3% during the 2nd quarter. Harbour Investments Inc. now owns 1,156 shares of the company’s stock worth $46,000 after acquiring an additional 203 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of NuScale Power by 1.0% in the 2nd quarter. D.A. Davidson & CO. now owns 20,822 shares of the company’s stock valued at $824,000 after purchasing an additional 212 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in shares of NuScale Power by 14.8% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 2,641 shares of the company’s stock valued at $95,000 after purchasing an additional 341 shares during the last quarter. Rothschild Investment LLC lifted its holdings in shares of NuScale Power by 45.2% in the 2nd quarter. Rothschild Investment LLC now owns 1,125 shares of the company’s stock valued at $45,000 after purchasing an additional 350 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of NuScale Power by 84.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 784 shares of the company’s stock valued at $31,000 after purchasing an additional 359 shares during the last quarter. 78.37% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at NuScale Power
In related news, Director Corp Fluor sold 2,372,563 shares of NuScale Power stock in a transaction on Friday, September 19th. The stock was sold at an average price of $43.99, for a total value of $104,369,046.37. Following the completion of the transaction, the director directly owned 10,085,344 shares in the company, valued at approximately $443,654,282.56. This trade represents a 19.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 15,048,847 shares of company stock valued at $606,761,579 in the last ninety days. Company insiders own 1.27% of the company’s stock.
About NuScale Power
NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.
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