NuScale Power Corporation (NYSE:SMR) Given Consensus Rating of “Hold” by Brokerages

NuScale Power Corporation (NYSE:SMR) has received a consensus rating of “Hold” from the seventeen analysts that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $15.4615.

A number of equities research analysts have commented on the company. B. Riley Financial reduced their target price on NuScale Power from $24.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. The Goldman Sachs Group set a $9.00 price target on NuScale Power in a report on Friday, May 8th. Citigroup cut their price objective on NuScale Power from $9.00 to $7.00 and set a “sell” rating for the company in a research report on Monday, May 11th. Truist Financial initiated coverage on shares of NuScale Power in a report on Monday, July 13th. They issued a “hold” rating and a $10.00 price objective on the stock. Finally, 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 on the stock.

Insider Activity

In other news, Director Corp Fluor sold 13,500,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 21st. The shares were sold at an average price of $11.81, for a total value of $159,435,000.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.28% of the company’s stock.

Institutional Trading of NuScale Power

Several institutional investors have recently added to or reduced their stakes in SMR. Vermillion & White Wealth Management Group LLC lifted its stake in NuScale Power by 1,550.9% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company’s stock worth $25,000 after purchasing an additional 1,675 shares in the last quarter. Assetmark Inc. grew its stake in shares of NuScale Power by 1,940.3% in the first quarter. Assetmark Inc. now owns 2,428 shares of the company’s stock valued at $26,000 after buying an additional 2,309 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of NuScale Power in the fourth quarter valued at $30,000. Strategic Advocates LLC raised its holdings in shares of NuScale Power by 233.0% in the 4th quarter. Strategic Advocates LLC now owns 2,321 shares of the company’s stock valued at $33,000 after buying an additional 1,624 shares during the period. Finally, Harbour Investments Inc. raised its holdings in shares of NuScale Power by 32.4% in the 4th quarter. Harbour Investments Inc. now owns 2,419 shares of the company’s stock valued at $34,000 after buying an additional 592 shares during the period. Institutional investors and hedge funds own 78.37% of the company’s stock.

Trending Headlines about NuScale Power

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

• Neutral Sentiment: NuScale remains part of a broader nuclear-sector rebound narrative, with some analysts arguing that the recent selloff may be more of a reset than a breakdown in the long-term AI-and-power demand thesis. NuScale Power (SMR) news reference
• Negative Sentiment: Investors are increasingly focused on the fact that SMR projects can take years to reach commercialization, and that uncertainty has hit smaller names like NuScale harder than larger, already-profitable nuclear plays. NuScale Power (SMR) news reference
• Negative Sentiment: Recent commentary and market coverage have framed NuScale as highly volatile, with one article highlighting bear-case expectations near current levels and reinforcing concerns about downside if growth milestones are delayed. NuScale SMR Stock: $25 Bull Case, $7 Bear Case

NuScale Power Price Performance

Shares of NYSE SMR opened at $7.72 on Friday. The company has a market capitalization of $2.82 billion, a P/E ratio of -2.65 and a beta of 2.24. The company has a 50 day simple moving average of $10.57 and a 200-day simple moving average of $12.89. NuScale Power has a 1 year low of $7.21 and a 1 year high of $57.42.

NuScale Power (NYSE:SMR) last released 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 business 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 company’s revenue was down 95.8% compared to the same quarter last year. As a group, research analysts expect that NuScale Power will post -0.46 EPS for the current year.

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.