NuScale Power (NYSE:SMR) Stock Price Down 1.1% – Here’s What Happened

NuScale Power Corporation (NYSE:SMR) was down 1.1% during mid-day trading on Monday . The company traded as low as $8.23 and last traded at $8.5150. 36,911,673 shares changed hands during trading, an increase of 18% from the average daily volume of 31,173,303 shares. The stock had previously closed at $8.61.

More NuScale Power News

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

• Positive Sentiment: NuScale has an approved small modular reactor design and potential commercial opportunities, including a proposed project that could deploy as many as 72 modules. Successful financing and customer commitments could provide significant upside. Prediction: $1,000 in NuScale Power Today Could Be Worth This Much by 2030
• Positive Sentiment: One analysis identifies NuScale’s reactor technology and its potential customer pipeline as overlooked strengths. However, at least one prospective customer is still seeking financing, so the opportunity has not yet become firm revenue. NuScale Has One Overlooked Quality Worth Buying Into
• Positive Sentiment: NuScale’s inclusion in nuclear-stock watchlists may maintain investor interest as demand for carbon-free power and artificial-intelligence-related electricity grows, although watchlist inclusion is not a business catalyst by itself. Best Nuclear Stocks To Add to Your Watchlist
• Neutral Sentiment: Comparisons with Oklo and TMC highlight that NuScale has an approved design but is still searching for its first confirmed customer, underscoring both its technological lead and commercialization risk. Oklo vs. NuScale vs. TMC
• Neutral Sentiment: NuScale’s appearance in broader mid-cap and water-stock market lists provides little direct information about its fundamentals or near-term valuation. Mid Cap Stocks To Follow Now Water Stocks To Watch Now
• Negative Sentiment: NuScale’s CFO sold 20,000 shares for approximately $190,000 at an average price of $9.49—about 21% of the CFO’s directly held shares. Insider selling can weigh on sentiment, particularly after a steep year-over-year decline. NuScale Power CFO Sells Shares
• Negative Sentiment: NuScale generated only $75,000 of second-quarter revenue, down 99% from the prior year. Articles argue that the stock may not recover substantially before 2029 and warn that a potential catalyst this year could become a reason to sell. Prediction: NuScale Power Stock Does Not Recover Before 2029 If You’re Still Holding NuScale, Here’s One Catalyst That Might Make You Sell

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. B. Riley Financial decreased their price objective on NuScale Power from $19.00 to $15.00 and set a “buy” rating on the stock in a report on Friday, August 14th. Royal Bank Of Canada reduced their target price on NuScale Power from $14.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 11th. UBS Group lowered shares of NuScale Power from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $10.00 to $6.00 in a report on Friday. Canaccord Genuity Group lowered their price objective on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of NuScale Power in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $12.96.

NuScale Power Stock Performance

The company has a market capitalization of $3.66 billion, a price-to-earnings ratio of -2.92 and a beta of 2.30. The firm has a 50-day simple moving average of $9.12 and a two-hundred day simple moving average of $10.60.

NuScale Power (NYSE:SMR) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.13). NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. The business had revenue of $0.07 million for the quarter, compared to analysts’ expectations of $8.80 million. During the same quarter in the prior year, the company earned ($0.11) earnings per share. The business’s quarterly revenue was down 99.1% on a year-over-year basis. As a group, equities analysts forecast that NuScale Power Corporation will post -0.64 EPS for the current fiscal year.

Insider Buying and Selling

In other NuScale Power 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 transaction, the chief operating officer owned 114,718 shares in the company, valued at $1,073,760.48. The trade was a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Robert Hamady sold 29,880 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $9.39, for a total value of $280,573.20. Following the sale, the chief financial officer directly owned 124,235 shares in the company, valued at $1,166,566.65. This represents a 19.39% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 68,651 shares of company stock valued at $633,470 in the last ninety days. Company insiders own 1.28% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SMR. Sequoia Financial Advisors LLC acquired a new position in NuScale Power during the 2nd quarter worth $126,000. WINTON GROUP Ltd acquired a new stake in NuScale Power in the 2nd quarter valued at about $392,000. Integrated Wealth Concepts LLC boosted its stake in shares of NuScale Power by 153.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 65,623 shares of the company’s stock valued at $658,000 after buying an additional 39,751 shares during the period. RFG Advisory LLC boosted its stake in shares of NuScale Power by 33.1% in the 2nd quarter. RFG Advisory LLC now owns 60,622 shares of the company’s stock valued at $608,000 after buying an additional 15,092 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of NuScale Power by 203.3% during the second quarter. NewEdge Advisors LLC now owns 146,870 shares of the company’s stock worth $1,473,000 after buying an additional 98,440 shares in the last quarter. 78.37% of the stock is currently owned by hedge funds and other institutional investors.

About NuScale Power

NuScale Power Corporation develops small modular reactor (SMR) technology for the generation of carbon-free electricity and other energy applications. Its proprietary NuScale Power Module is a compact, factory-fabricated pressurized water reactor designed to be deployed individually or in multi-module configurations. The company’s technology is intended to support electric utilities, industrial users, and other customers seeking scalable alternatives for reliable power generation.

NuScale offers its reactor technology through the VOYGR power plant platform, along with engineering, licensing, project development, and deployment support.