NuScale Power (NYSE:SMR) Posts Earnings Results, Misses Expectations By $0.70 EPS

NuScale Power (NYSE:SMR) released its quarterly earnings results on Thursday. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.70), FiscalAI reports. NuScale Power had a negative return on equity of 72.95% and a negative net margin of 1,130.26%.The firm had revenue of $1.81 million for the quarter, compared to analysts’ expectations of $8.76 million.

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

• NRC approved NuScale’s 77 MW standard design ahead of schedule, leaving NuScale as the only SMR certified under 10 CFR Part 52 and giving the company a regulatory first-mover advantage for commercial deployments.
• ENTRA1 and TVA are progressing toward a potential 6 GW (72-module) program — ENTRA1 has assembled teams, completed site evaluations, and secured at least one multi‑billion dollar term sheet signatory, but a binding PPA has not yet been announced and many details remain under NDA.
• NuScale ended 2025 with $1.3 billion in liquidity (about $1.0B post‑close items) and a historical adjusted OpEx run rate near $170–200M, which management says provides a comfortable runway to advance commercialization activities.
• Supply‑chain progress: 12 NuScale Power Modules are in production at Doosan, with Doosan increasing capacity toward 20 modules/year and plans to further expand, giving NuScale a timing advantage for initial deployments.
• International progress: NuScale completed FEED 2 for Fluor on Romania’s RoPower project, recognized $63.1M from that work, and RoPower shareholders voted to advance pre‑EPC activities (expected to begin Q2), creating a near‑term services revenue pathway.

NuScale Power Price Performance

Shares of SMR stock traded down $0.51 during trading hours on Friday, reaching $12.82. 24,812,535 shares of the company’s stock were exchanged, compared to its average volume of 23,783,178. NuScale Power has a 1 year low of $11.08 and a 1 year high of $57.42. The company has a market cap of $3.83 billion, a P/E ratio of -4.44 and a beta of 2.14. The company’s 50 day moving average is $16.79 and its two-hundred day moving average is $27.13.

Insider Transactions at NuScale Power

In other NuScale Power news, CFO Robert Ramsey Hamady sold 40,000 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $22.17, for a total value of $886,800.00. Following the completion of the sale, the chief financial officer owned 46,283 shares of the company’s stock, valued at approximately $1,026,094.11. This trade represents a 46.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On NuScale Power

Hedge funds and other institutional investors have recently modified their holdings of the stock. Van ECK Associates Corp boosted its stake in shares of NuScale Power by 117.8% during the 4th quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock worth $163,176,000 after acquiring an additional 6,227,747 shares in the last quarter. Voloridge Investment Management LLC acquired a new position in NuScale Power during the fourth quarter worth $48,993,000. Samsung C&T Corp boosted its position in NuScale Power by 98.9% during the third quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock worth $186,689,000 after purchasing an additional 2,578,702 shares in the last quarter. Morgan Stanley boosted its position in NuScale Power by 81.0% during the fourth quarter. Morgan Stanley now owns 5,277,905 shares of the company’s stock worth $74,788,000 after purchasing an additional 2,361,532 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in NuScale Power by 1,220.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company’s stock valued at $26,127,000 after purchasing an additional 1,705,411 shares during the last quarter. 78.37% of the stock is currently owned by institutional investors and hedge funds.

NuScale Power News Summary

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

• Positive Sentiment: Company outlines deployment plan (ENTRA1) covering ~6 GW U.S. nuclear deployment and says it has ~$1.3B liquidity for 2026 — this supports project execution and de‑risking of near‑term funding needs. ENTRA1 and liquidity report
• Positive Sentiment: Strategic partnerships and project milestones — Oak Ridge partnership (AI work) and Romania coal‑to‑SMR FID advance demonstrate commercial traction and technology adoption. Partnerships and project news
• Positive Sentiment: Analyst upgrade from Northland Securities to “outperform” with $21 PT — market-friendly research can provide buying support. Northland upgrade
• Neutral Sentiment: Bullish features and long‑term narratives (e.g., retail pieces arguing large TAM and AI‑driven electricity demand) keep speculative interest alive but are highly forward‑looking and hinge on commercialization execution. Fool long‑term thesis
• Negative Sentiment: Q4 2025 results missed heavily — EPS and revenue fell well below estimates (large net loss, revenue decline), which is the primary catalyst for the sell‑off. Q4 results
• Negative Sentiment: NuScale launched a US$1B at‑the‑market equity program — increases dilution risk and pressure on share price while the company remains unprofitable. Valuation and equity program analysis
• Negative Sentiment: Multiple securities‑fraud class action notices and law‑firm alerts filed/issued after recent stock drops — adds legal overhang and near‑term uncertainty. Class action notice
• Negative Sentiment: Canaccord lowered its price target materially (from $60 to $25) despite keeping a buy rating — signals reduced analyst conviction on upside magnitude. Canaccord target cut

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SMR. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $20.00 target price on shares of NuScale Power in a report on Wednesday, February 4th. Royal Bank Of Canada set a $21.00 price objective on shares of NuScale Power in a research note on Tuesday, January 20th. Texas Capital raised shares of NuScale Power to a “strong-buy” rating in a report on Tuesday, January 27th. TD Cowen lowered NuScale Power from a “buy” rating to a “hold” rating in a report on Wednesday, February 11th. Finally, Zacks Research upgraded NuScale Power from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $24.42.

About NuScale Power

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.