NuScale Power (NYSE:SMR) Shares Down 8% – What’s Next?

NuScale Power Corporation (NYSE:SMR)’s share price dropped 8% during mid-day trading on Friday . The stock traded as low as $8.07 and last traded at $8.1030. 34,737,590 shares traded hands during trading, an increase of 14% from the average session volume of 30,418,039 shares. The stock had previously closed at $8.81.

Key Stories Impacting NuScale Power

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

• Positive Sentiment: Analysts and recent articles highlighted NuScale’s regulatory lead, approved technology, and about $1 billion in liquidity, which could support future project execution if management converts the pipeline into signed contracts. Article Title
• Positive Sentiment: Coverage also emphasized rising nuclear demand and NuScale’s U.S. and Romania project pipeline, which keeps the long-term growth thesis intact if funding hurdles can be overcome. Article Title
• Positive Sentiment: Some investors may take encouragement from the valuation reset, which has made SMR look less expensive than before after a steep share-price decline. Article Title
• Neutral Sentiment: Analysts reportedly assigned NuScale an average price target of $15.46, suggesting meaningful upside from current levels, but that target still depends on execution rather than any near-term operational inflection. Article Title
• Negative Sentiment: The main concern remains weak revenue, missed expectations, and continued losses, underscoring that NuScale has not yet proven it can monetize its technology at scale. Article Title
• Negative Sentiment: Investors are still worried about financing risk and dilution, since multiple reports said project funding and capital needs will be decisive for whether the company can turn its pipeline into revenue. Article Title
• Negative Sentiment: Recent comparisons with other nuclear names, plus articles noting NuScale’s sharp year-to-date and one-year decline, reinforce the market’s skepticism about near-term commercial traction. Article Title

Wall Street Analysts Forecast Growth

SMR has been the topic of several analyst reports. The Goldman Sachs Group set a $9.00 target price on shares of NuScale Power in a report on Friday, May 8th. Barclays lowered their price objective on shares of NuScale Power from $15.00 to $11.00 and set an “equal weight” rating for the company in a research report on Wednesday. Northland Securities set a $19.00 price objective on NuScale Power in a research note on Monday, May 11th. Truist Financial began coverage on NuScale Power in a report on Monday, July 13th. They set a “hold” rating and a $10.00 target price on the stock. Finally, Citigroup reissued a “sell” rating on shares of NuScale Power in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, NuScale Power presently has a consensus rating of “Hold” and an average price target of $15.15.

NuScale Power Trading Down 8.0%

The company has a 50 day moving average price of $10.21 and a 200 day moving average price of $12.67. The company has a market capitalization of $2.96 billion, a P/E ratio of -2.77 and a beta of 2.24.

NuScale Power (NYSE:SMR) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.03). The firm had revenue of $0.56 million during the quarter, compared to analyst estimates of $7.00 million. NuScale Power had a negative net margin of 2,066.55% and a negative return on equity of 48.88%. The firm’s revenue for the quarter was down 95.8% on a year-over-year basis. As a group, sell-side analysts forecast that NuScale Power Corporation will post -0.46 EPS for the current fiscal year.

Hedge Funds Weigh In On NuScale Power

A number of institutional investors have recently added to or reduced their stakes in SMR. Harbour Investments Inc. grew its holdings in NuScale Power by 32.4% during the 4th quarter. Harbour Investments Inc. now owns 2,419 shares of the company’s stock worth $34,000 after acquiring an additional 592 shares during the last quarter. Balboa Wealth Partners raised its stake in shares of NuScale Power by 5.9% during the fourth quarter. Balboa Wealth Partners now owns 13,465 shares of the company’s stock valued at $191,000 after acquiring an additional 756 shares during the last quarter. Arax Advisory Partners lifted its holdings in shares of NuScale Power by 26.0% during the fourth quarter. Arax Advisory Partners now owns 3,739 shares of the company’s stock worth $53,000 after purchasing an additional 772 shares during the period. Newbridge Financial Services Group Inc. lifted its holdings in shares of NuScale Power by 7.7% during the third quarter. Newbridge Financial Services Group Inc. now owns 14,270 shares of the company’s stock worth $514,000 after purchasing an additional 1,015 shares during the period. Finally, Triumph Capital Management bought a new stake in shares of NuScale Power in the third quarter worth $37,000. 78.37% of the stock is currently owned by institutional investors and hedge funds.

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.