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

NuScale Power (NYSE:SMR) had its price target trimmed by Royal Bank Of Canada from $14.00 to $10.00 in a research report report published on Tuesday morning, MarketBeat Ratings reports. The brokerage currently has a sector perform rating on the stock.

Several other research firms also recently commented on SMR. Bank of America initiated coverage on shares of NuScale Power in a research report on Friday, May 22nd. They issued a “neutral” rating and a $12.00 target price for the company. Truist Financial assumed coverage on shares of NuScale Power in a research note on Monday, July 13th. They issued a “hold” rating and a $10.00 price objective for the company. Citigroup decreased their price objective on shares of NuScale Power from $7.50 to $6.50 and set a “sell” rating for the company in a report on Thursday, August 6th. B. Riley Financial lowered their target price on shares of NuScale Power from $24.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Finally, HSBC started coverage on NuScale Power in a report on Thursday, April 23rd. They set a “hold” rating and a $13.00 target price on the stock. One investment 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $13.81.

NuScale Power Price Performance

SMR opened at $9.88 on Tuesday. The company has a market capitalization of $3.61 billion, a PE ratio of -3.38 and a beta of 2.26. NuScale Power has a fifty-two week low of $7.21 and a fifty-two week high of $57.42. The business has a 50-day moving average of $9.45 and a 200-day moving average of $11.58.

NuScale Power (NYSE:SMR) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, hitting analysts’ consensus estimates of ($0.13). The firm had revenue of $0.07 million for the quarter, compared to the consensus estimate 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 firm’s revenue was down 99.1% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.11) earnings per share. On average, equities research analysts expect that NuScale Power will post -0.43 earnings per share for the current fiscal year.

Insider Activity at NuScale Power

In other news, COO Carl M. Fisher sold 18,771 shares of the business’s stock in a transaction 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 sale, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.28% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada lifted its position in NuScale Power by 623.4% during the 1st quarter. Royal Bank of Canada now owns 457,276 shares of the company’s stock worth $6,475,000 after acquiring an additional 394,065 shares during the last quarter. AQR Capital Management LLC grew its position in shares of NuScale Power by 37.4% in the first quarter. AQR Capital Management LLC now owns 37,614 shares of the company’s stock valued at $533,000 after purchasing an additional 10,244 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of NuScale Power in the first quarter valued at about $390,000. Jones Financial Companies Lllp increased its stake in shares of NuScale Power by 9.1% in the first quarter. Jones Financial Companies Lllp now owns 16,793 shares of the company’s stock worth $238,000 after purchasing an additional 1,394 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of NuScale Power by 1,220.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company’s stock worth $26,127,000 after purchasing an additional 1,705,411 shares during the period. 78.37% of the stock is currently owned by institutional investors and hedge funds.

Key NuScale Power News

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

• Positive Sentiment: An analyst raised the third-quarter EPS estimate for NuScale, suggesting expectations for near-term results have improved modestly. Q3 EPS Estimate for NuScale Power Increased by Analyst
• Positive Sentiment: NuScale’s second-quarter earnings call emphasized a transition toward commercial readiness and highlighted approximately $1.9 billion of liquidity, reducing financing pressure as the company advances reactor projects. NuScale Power Q2 2026 Earnings Call Transcript
• Positive Sentiment: NuScale’s proposed Tennessee Valley Authority program could generate licensing, engineering, and equipment opportunities associated with as much as 6 gigawatts of new nuclear capacity. Conversion of the opportunity into firm contracts would be a significant growth catalyst. Can NuScale’s TVA Opportunity Unlock Its Next Growth Phase?
• Positive Sentiment: A bullish investment thesis argues that NuScale’s conventional technology, regulatory progress, and repeatable manufacturing model could make it a foundational platform for the next wave of nuclear deployment. NuScale Could Become the Standard Platform for Nuclear Energy
• Neutral Sentiment: NuScale, Curio, and Framatome signed a memorandum to evaluate nuclear-fuel solutions. The agreement could support future fuel availability, but it is not yet a binding commercial contract. NuScale Power, Curio, Framatome Sign MOU
• Negative Sentiment: NuScale’s valuation remains difficult to justify without contract conversions and visible revenue growth. Analysts noted that the company’s regulatory head start and liquidity are positives, but expectations are high. Can NuScale’s Commercial Potential Justify Its Valuation?
• Negative Sentiment: Royal Bank of Canada issued a pessimistic forecast for SMR, adding pressure to the stock’s outlook and underscoring continued concerns about commercialization timing and valuation. Royal Bank of Canada Issues Pessimistic Forecast for NuScale Power

NuScale Power Company Profile

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.