NuScale Power (NYSE:SMR) Issues Earnings Results

NuScale Power (NYSE:SMR) released its quarterly earnings results on Thursday. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.03), FiscalAI reports. The firm had revenue of $0.57 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 56.54%. The business’s revenue was down 95.8% compared to the same quarter last year.

Here are the key takeaways from NuScale Power’s conference call:

• NuScale holds a clear regulatory advantage as the only SMR vendor with NRC standard design approval under 10 CFR Part 52 for its 50 MW and 77 MW modules, which the company says materially de-risks licensing and accelerates customer referenceability.
• The company runs on proven low-enriched uranium (LEU) and has a fuel partnership with Framatome, avoiding HALEU supply constraints that affect many advanced-reactor competitors.
• NuScale reports tangible supply‑chain and factory fabrication progress — Doosan production is active, a multi-sourcing strategy and a recent supplier working group were convened to reduce single‑source risks and increase schedule confidence.
• Strong liquidity provides runway for commercialization, with approximately $1.0 billion at March 31, 2026 and over $1.2 billion by early May, which management says supports continued supply‑chain and manufacturing readiness.
• Commercial deployment hinges on external milestones — definitive PPA/OEM agreements with ENTRA1/TVA and pre‑EPC financing for RoPower could drive meaningful revenue, but those financings and contracts remain contingent and unresolved.

NuScale Power Stock Down 0.5%

SMR stock traded down $0.07 during midday trading on Friday, reaching $12.52. The stock had a trading volume of 37,920,430 shares, compared to its average volume of 39,007,288. The business has a fifty day simple moving average of $11.63 and a two-hundred day simple moving average of $18.11. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of -4.29 and a beta of 2.24. NuScale Power has a twelve month low of $8.85 and a twelve month high of $57.42.

More NuScale Power News

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

• Negative Sentiment: NuScale missed Q1 estimates on both earnings and revenue, reporting a loss of $0.14 per share versus the expected $0.11 loss and just $0.56 million in revenue versus $7.0 million expected; revenue also fell sharply year over year, highlighting continued execution and commercialization challenges. Article Title
• Negative Sentiment: Operating expenses are climbing and RoPower-related activity has slowed, adding to concerns that near-term growth may not be keeping pace with spending. Article Title
• Neutral Sentiment: Fluor fully exited its equity stake in NuScale, which changes the shareholder structure but still leaves Fluor as an EPC partner; investors may view this as a governance/funding shift rather than a direct business setback. Article Title
• Positive Sentiment: Longer-term optimism remains tied to NRC approvals, a potential TVA power purchase agreement later this year, and the 6 GW ENTRA1 program, which could support future demand for NuScale’s small modular reactor technology. Article Title
• Positive Sentiment: Some analysts still see meaningful upside from current levels, with consensus price targets implying about 45% upside if execution improves and earnings estimates trend higher. Article Title

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Northland Securities raised NuScale Power from a “market perform” rating to an “outperform” rating and set a $21.00 target price on the stock in a report on Friday, February 27th. HSBC assumed coverage on NuScale Power in a report on Thursday, April 23rd. They issued a “hold” rating and a $13.00 target price on the stock. 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 report on Friday, April 24th. Texas Capital raised NuScale Power to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, UBS Group dropped their target price on shares of NuScale Power from $20.00 to $13.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $19.38.

Insider Activity at NuScale Power

In other news, CEO John Lawrence Hopkins sold 82,667 shares of NuScale Power stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $12.22, for a total transaction of $1,010,190.74. Following the completion of the sale, the chief executive officer owned 117,018 shares in the company, valued at $1,429,959.96. The trade was a 41.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Corp Fluor sold 13,500,000 shares of NuScale Power stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $11.81, for a total transaction of $159,435,000.00. The SEC filing for this sale provides additional information. Insiders have sold 40,572,082 shares of company stock worth $481,029,608 over the last 90 days. Insiders own 1.28% of the company’s stock.

Institutional Investors Weigh In On NuScale Power

Institutional investors have recently modified their holdings of the business. Triumph Capital Management acquired a new stake in shares of NuScale Power during the 3rd quarter worth approximately $37,000. EverSource Wealth Advisors LLC grew its position in shares of NuScale Power by 187.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the company’s stock worth $67,000 after buying an additional 1,105 shares during the period. Ancora Advisors LLC grew its position in shares of NuScale Power by 177,500.0% during the 3rd quarter. Ancora Advisors LLC now owns 1,776 shares of the company’s stock worth $64,000 after buying an additional 1,775 shares during the period. Vermillion & White Wealth Management Group LLC grew its position in shares of NuScale Power by 1,550.9% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company’s stock worth $25,000 after buying an additional 1,675 shares during the period. Finally, Monimus Capital Management LP acquired a new stake in shares of NuScale Power during the 2nd quarter worth approximately $72,000. Institutional investors and hedge funds own 78.37% of the company’s stock.

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.