NuScale Power (NYSE:SMR) Shares Up 10.8% – Here’s What Happened

NuScale Power Corporation (NYSE:SMR) traded up 10.8% during trading on Friday . The company traded as high as $13.30 and last traded at $12.6420. 66,467,618 shares traded hands during trading, an increase of 143% from the average session volume of 27,336,148 shares. The stock had previously closed at $11.41.

Key Headlines Impacting NuScale Power

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

• Positive Sentiment: Strong sector catalysts: a White House memorandum pushing for space nuclear deployment and related government interest have energized SMR and peer stocks, supporting demand for NuScale shares. Oklo, Nano Nuclear, Centrus, NuScale Surge
• Positive Sentiment: Momentum continuation: sector rallies extended into April 17 with NuScale leading gains, attracting short-term buyers and momentum traders. NuScale Powers Up 11%
• Neutral Sentiment: Analyst/media takes: commentary pieces weighing valuation and near-term catalysts add mixed context — some argue the stock looks cheap, others warn upcoming results and legal issues create uncertainty. The Price Is Right on NuScale
• Neutral Sentiment: Sector news flow (Oklo/others) is driving group-level moves that may continue to dominate short-term performance regardless of company-specific fundamentals. Oklo Rockets In Big News Week
• Negative Sentiment: Large insider sale: Director Corp Fluor sold 12.94M shares (~49% of its holding) for ~$150.5M at ~$11.63 per share — a sizable block that increases supply and may weigh on the stock. SEC filing: Form 4 — Corp Fluor Sale
• Negative Sentiment: Repeated class-action notices: multiple law firms have filed or solicited lead-plaintiff claims tied to a May–Nov 2025 class period; the April 20 lead-plaintiff deadline and repeated alerts increase legal uncertainty and potential future costs or settlements. (Examples: Rosen Law Firm, Berger Montague, Gross Law Firm.) Rosen Law Firm Notice
• Negative Sentiment: Near-term earnings and cash-flow uncertainty: investors are watching upcoming financial results after recent quarterly misses; combined with legal notices and insider selling, this raises downside risk if guidance or revenues disappoint. Why Is NuScale Power Stock Sliding?

Analysts Set New Price Targets

A number of research analysts have commented on the stock. B. Riley Financial cut their target price on shares of NuScale Power from $38.00 to $24.00 and set a “buy” rating on the stock in a research report on Monday, December 22nd. Cantor Fitzgerald cut their target price on shares of NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. Barclays lowered their price target on shares of NuScale Power from $45.00 to $15.00 and set an “equal weight” rating on the stock in a report on Monday, February 23rd. The Goldman Sachs Group lowered their price target on shares of NuScale Power from $20.00 to $14.00 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Finally, TD Cowen cut shares of NuScale Power from a “buy” rating to a “hold” rating in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, NuScale Power has an average rating of “Hold” and a consensus price target of $20.96.

NuScale Power Stock Performance

The firm has a market capitalization of $4.27 billion, a P/E ratio of -4.37 and a beta of 2.27. The business’s fifty day moving average price is $12.25 and its two-hundred day moving average price is $21.08.

NuScale Power (NYSE:SMR) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.80) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.70). NuScale Power had a negative net margin of 1,130.26% and a negative return on equity of 55.23%. The firm had revenue of $1.81 million during the quarter, compared to the consensus estimate of $8.76 million. Sell-side analysts predict that NuScale Power Corporation will post -0.73 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO John Lawrence Hopkins sold 82,667 shares of NuScale Power stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $12.22, for a total value of $1,010,190.74. Following the completion of the sale, the chief executive officer directly owned 117,018 shares in the company, valued at $1,429,959.96. This trade represents a 41.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Carl M. Fisher sold 22,197 shares of NuScale Power stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total transaction of $271,247.34. Following the completion of the sale, the chief operating officer owned 140,141 shares of the company’s stock, valued at $1,712,523.02. This trade represents a 13.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 27,072,082 shares of company stock worth $321,594,608 over the last ninety days. Company insiders own 1.20% of the company’s stock.

Institutional Trading of NuScale Power

A number of institutional investors have recently bought and sold shares of the stock. Pasadena Private Wealth LLC boosted its stake in NuScale Power by 4.9% in the 3rd quarter. Pasadena Private Wealth LLC now owns 6,147 shares of the company’s stock worth $221,000 after purchasing an additional 287 shares in the last quarter. Family Capital Management Inc. boosted its stake in NuScale Power by 3.5% in the 3rd quarter. Family Capital Management Inc. now owns 8,682 shares of the company’s stock worth $313,000 after purchasing an additional 291 shares in the last quarter. Cibc World Market Inc. boosted its stake in NuScale Power by 3.8% in the 3rd quarter. Cibc World Market Inc. now owns 9,000 shares of the company’s stock worth $324,000 after purchasing an additional 329 shares in the last quarter. MAI Capital Management boosted its stake in NuScale Power by 37.0% in the 3rd quarter. MAI Capital Management now owns 1,654 shares of the company’s stock worth $60,000 after purchasing an additional 447 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its stake in NuScale Power by 1.5% in the 3rd quarter. Park Avenue Securities LLC now owns 36,314 shares of the company’s stock worth $1,307,000 after purchasing an additional 525 shares in the last quarter. 78.37% of the stock is currently owned by institutional investors and hedge funds.

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.