NuScale Power (NYSE:SMR) Given New $10.00 Price Target at Royal Bank Of Canada

NuScale Power (NYSE:SMRGet Free Report) had its price objective cut by stock analysts at Royal Bank Of Canada from $14.00 to $10.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 4.50% from the stock’s current price.

A number of other research firms also recently issued reports on SMR. HSBC initiated coverage on shares of NuScale Power in a report on Thursday, April 23rd. They set a “hold” rating and a $13.00 price objective for the company. Canaccord Genuity Group dropped their price target on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NuScale Power in a report on Wednesday, June 24th. Barclays reduced 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 note on Wednesday, July 22nd. Finally, The Goldman Sachs Group set a $9.00 target price on shares of NuScale Power in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $13.81.

View Our Latest Analysis on NuScale Power

NuScale Power Trading Up 4.2%

Shares of SMR stock traded up $0.39 during trading on Tuesday, hitting $9.57. The company’s stock had a trading volume of 8,381,360 shares, compared to its average volume of 30,286,906. The company has a market cap of $3.50 billion, a PE ratio of -3.27 and a beta of 2.26. The business has a fifty day moving average of $9.63 and a 200-day moving average of $11.80. NuScale Power has a 52 week low of $7.21 and a 52 week high of $57.42.

NuScale Power (NYSE:SMRGet Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, meeting analysts’ consensus estimates of ($0.13). NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%.The company had revenue of $0.07 million during the quarter, compared to the consensus estimate of $8.80 million. During the same period last year, the business posted ($0.11) earnings per share. NuScale Power’s revenue was down 99.1% on a year-over-year basis. As a group, research analysts predict that NuScale Power will post -0.45 EPS for the current year.

Insider Activity

In other NuScale Power news, COO Carl M. Fisher sold 18,771 shares of the business’s 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 owned 114,718 shares of the company’s stock, valued at $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 available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.28% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Vermillion & White Wealth Management Group LLC raised its position in NuScale Power by 1,550.9% in the 4th 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 during the period. Assetmark Inc. grew its stake in shares of NuScale Power by 1,940.3% during 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 during the last quarter. Ameriflex Group Inc. bought a new position in shares of NuScale Power during the fourth quarter valued at about $30,000. Strategic Advocates LLC increased its holdings in shares of NuScale Power by 233.0% in the fourth quarter. Strategic Advocates LLC now owns 2,321 shares of the company’s stock worth $33,000 after buying an additional 1,624 shares during the period. Finally, Harbour Investments Inc. increased its holdings in shares of NuScale Power by 32.4% in the fourth quarter. Harbour Investments Inc. now owns 2,419 shares of the company’s stock worth $34,000 after buying an additional 592 shares during the period. 78.37% of the stock is owned by hedge funds and other institutional investors.

NuScale Power News Roundup

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

  • Positive Sentiment: Northland Securities raised its earnings forecasts. Analyst J. Grampp reduced expected losses for the third quarter of 2026 to $0.11 per share from $0.13, and for the fourth quarter to $0.10 from $0.12. The firm also narrowed its projected losses for fiscal 2026 to $0.47 from $0.51 and for fiscal 2027 to $0.53 from $0.65. While NuScale is still expected to remain unprofitable, the revisions suggest improving expectations for its financial outlook.
  • Positive Sentiment: Policy developments could expand nuclear-industry opportunities. The Department of Energy narrowed its proposed Nuclear Lifecycle Innovation Campuses competition to five states—Utah, Tennessee, Oklahoma, Louisiana and Idaho. The initiative could create future contracting and investment opportunities throughout the nuclear supply chain, including small modular reactor developers. Unlocking $50 Billion Across the Nuclear Value Chain
  • Neutral Sentiment: NuScale’s long-term opportunity remains highly speculative. Coverage highlights potential demand from artificial-intelligence data centers and a potentially large nuclear-energy market, but commercialization timing remains uncertain. AI Data Centers Need Power Now. Can NuScale Deliver in Time? Prediction: This $10 Nuclear Energy Stock Could Be Worth $100 by 2036
  • Negative Sentiment: Near-term fundamentals remain weak. NuScale recently reported a $0.13-per-share loss and only $0.08 million in quarterly revenue, down 99.1% year over year and well below the $8.80 million analyst estimate. Investors also remain focused on execution, regulatory timing and whether the company’s roughly $1.9 billion liquidity position can support commercialization. Should You Buy, Sell or Hold NuScale Stock Post Q2 Earnings?

About NuScale Power

(Get Free Report)

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.

Further Reading

Analyst Recommendations for NuScale Power (NYSE:SMR)

Receive News & Ratings for NuScale Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NuScale Power and related companies with MarketBeat.com's FREE daily email newsletter.