NuScale Power (NYSE:SMR) Stock Price Up 1.1% – What’s Next?

NuScale Power Corporation (NYSE:SMR)’s stock price traded up 1.1% during mid-day trading on Thursday . The company traded as high as $9.87 and last traded at $9.4840. 33,249,100 shares traded hands during mid-day trading, an increase of 9% from the average session volume of 30,469,330 shares. The stock had previously closed at $9.38.

Key Headlines Impacting NuScale Power

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

• Positive Sentiment: Management emphasized discussions with the Tennessee Valley Authority and near-term deployment readiness. Approved reactor designs, available fuel, qualified suppliers and approximately $1.9 billion in liquidity could help NuScale advance projects despite limited current revenue. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
• Positive Sentiment: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate fuel recycling, manufacturing and other advanced nuclear-fuel-cycle technologies. The agreement may strengthen NuScale’s long-term commercialization prospects and address fuel-supply needs for future reactors. Curio, NuScale Power, and Framatome Sign Strategic MOU
• Positive Sentiment: Northland Securities maintained its Buy rating, while Canaccord Genuity retained a Buy rating despite reducing its price target from $25 to $15. The continued bullish ratings reflect confidence in future reactor deployments, though the lower target signals a more cautious valuation view. Northland Securities Keeps Buy Rating
• Neutral Sentiment: Analyst sentiment remains mixed. Several firms are neutral, and the reported consensus rating is Hold with an average target near $14.12. This suggests potential upside, but also substantial uncertainty around execution and timing. Analysts Are Neutral on NuScale Power
• Neutral Sentiment: COO Carl Fisher sold 18,771 shares worth approximately $176,000 to cover tax withholding on vested equity awards. Because the transaction was tax-related, it may have limited bearish significance, although his direct ownership fell 14.06%. SEC insider transaction filing
• Negative Sentiment: Second-quarter revenue plunged about 99% year over year to roughly $70,000–$80,000, far below the $8.8 million estimate, as RoPower-related work wound down. The $0.13-per-share loss met expectations, but the revenue miss highlights commercialization-timing risk and continuing operating losses. SMR Q2 Earnings Meet Estimates, Revenues Miss
• Negative Sentiment: Citigroup lowered its price target from $7.50 to $6.50 and maintained a Sell rating, implying that current fundamentals do not yet justify the stock’s valuation. Citigroup price-target update

Analysts Set New Price Targets

A number of research firms recently issued reports on SMR. B. Riley Financial decreased their price objective on shares of NuScale Power from $24.00 to $19.00 and set a “buy” rating for the company in a report on Friday, April 24th. Bank of America assumed coverage on shares of NuScale Power in a research note on Friday, May 22nd. They issued a “neutral” rating and a $12.00 target price on the stock. Northland Securities set a $16.00 price target on shares of NuScale Power in a research note on Thursday. Truist Financial began coverage on shares of NuScale Power in a report on Monday, July 13th. They issued a “hold” rating and a $10.00 price target on the stock. Finally, Citigroup lowered their price target on shares of NuScale Power from $7.50 to $6.50 and set a “sell” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, NuScale Power has an average rating of “Hold” and a consensus target price of $14.12.

NuScale Power Stock Performance

The stock has a 50 day moving average of $9.70 and a 200-day moving average of $11.93. The firm has a market capitalization of $3.59 billion, a P/E ratio of -3.36 and a beta of 2.26.

NuScale Power (NYSE:SMR) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, meeting the consensus estimate of ($0.13). The business had revenue of $0.07 million for 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 46.91%. The company’s revenue was down 99.1% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.11) earnings per share. As a group, sell-side analysts expect that NuScale Power Corporation will post -0.46 EPS for the current year.

Insiders Place Their Bets

In related news, COO Carl M. Fisher sold 18,771 shares of NuScale Power stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total value of $175,696.56. Following the completion of the transaction, the chief operating officer directly owned 114,718 shares in the company, valued at approximately $1,073,760.48. The trade was a 14.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.28% of the company’s stock.

Hedge Funds Weigh In On NuScale Power

A number of large investors have recently made changes to their positions in the stock. Heck Capital Advisors LLC grew its position in shares of NuScale Power by 33.5% in the second quarter. Heck Capital Advisors LLC now owns 16,382 shares of the company’s stock valued at $164,000 after purchasing an additional 4,115 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in NuScale Power by 209.5% during the 2nd quarter. Handelsbanken Fonder AB now owns 108,000 shares of the company’s stock worth $1,083,000 after purchasing an additional 73,100 shares in the last quarter. Adamsbrown Wealth Consultants LLC purchased a new stake in NuScale Power during the 2nd quarter worth about $100,000. Hennion & Walsh Asset Management Inc. boosted its stake in NuScale Power by 30.5% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 84,199 shares of the company’s stock worth $845,000 after purchasing an additional 19,679 shares during the period. Finally, Evanson Financial LLC bought a new position in NuScale Power in the 2nd quarter worth about $512,000. 78.37% of the stock is owned by 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.