NuScale Power (NYSE:SMR) Shares Down 1.3% – What’s Next?

NuScale Power Corporation (NYSE:SMR)’s share price dropped 1.3% during mid-day trading on Thursday . The stock traded as low as $9.66 and last traded at $10.1310. Approximately 26,164,936 shares traded hands during trading, an increase of 2% from the average daily volume of 25,575,791 shares. The stock had previously closed at $10.26.

More NuScale Power News

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

• Positive Sentiment: NuScale announced an industry alliance to test SMR‑generated process heat with Ebara Elliott Energy, targeting petrochemical and industrial heat markets — this expands addressable markets beyond electricity and could open new commercial revenue streams if field tests scale. NuScale Alliance With Ebara Elliott Tests New Industrial Heat Opportunity
• Positive Sentiment: Analyst/sector coverage notes that the broader nuclear/SMR pullback may present a long‑term buying opportunity for investors focused on reactor technology and uranium demand — supports a longer‑horizon case if NuScale executes on commercial deals. Nuclear’s Pullback: A Generational Buying Opportunity?
• Negative Sentiment: Multiple class‑action lawsuits and plaintiff‑firm notices have been filed or circulated alleging securities fraud related to NuScale disclosures (class period roughly May 13–Nov 6/10, 2025) and seeking lead‑plaintiff appointments; many firms are reminding investors of an April 20, 2026 deadline to move for lead plaintiff status. Litigation raises near‑term downside risk, could increase legal costs, and creates executive‑liability headlines (some filings name senior officers). Representative notices: Deadline Alert: Glancy Prongay Wolke & Rotter LLP Bronstein, Gewirtz & Grossman LLC Notice PR Newswire: Lead Plaintiff Opportunity

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Canaccord Genuity Group lowered their target price on NuScale Power from $60.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Citigroup lowered their price target on shares of NuScale Power from $18.50 to $11.50 and set a “sell” rating for the company in a report on Monday, March 2nd. Cantor Fitzgerald reduced their price objective on shares of NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 24th. The Goldman Sachs Group decreased their target price on shares of NuScale Power from $20.00 to $14.00 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NuScale Power in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $20.88.

NuScale Power Stock Performance

The firm has a fifty day simple moving average of $14.03 and a 200 day simple moving average of $23.24. The company has a market cap of $3.42 billion, a PE ratio of -3.51 and a beta of 2.27.

NuScale Power (NYSE:SMR) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.80) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.70). NuScale Power had a negative return on equity of 55.23% and a negative net margin of 1,130.26%.The company had revenue of $1.81 million for the quarter, compared to analysts’ expectations of $8.76 million. As a group, equities analysts predict that NuScale Power Corporation will post -0.73 EPS for the current fiscal year.

Insider Activity at NuScale Power

In other NuScale Power news, CEO John Lawrence Hopkins sold 82,667 shares of NuScale Power stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $12.22, for a total value of $1,010,190.74. Following the transaction, the chief executive officer owned 117,018 shares in the company, valued at $1,429,959.96. This trade represents a 41.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Carl M. Fisher sold 22,197 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $12.22, for a total transaction of $271,247.34. Following the sale, the chief operating officer directly owned 140,141 shares of the company’s stock, valued at $1,712,523.02. This represents a 13.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 635,610 shares of company stock valued at $8,198,439 over the last 90 days. 1.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On NuScale Power

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of NuScale Power by 40.5% during the 4th quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock worth $220,273,000 after purchasing an additional 4,482,254 shares during the period. Van ECK Associates Corp raised its holdings in NuScale Power by 117.8% in the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock valued at $163,176,000 after buying an additional 6,227,747 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in NuScale Power by 22.6% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company’s stock valued at $263,195,000 after buying an additional 1,346,796 shares during the period. Morgan Stanley lifted 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 valued at $74,788,000 after buying an additional 2,361,532 shares in the last quarter. Finally, Samsung C&T Corp lifted 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 valued at $186,689,000 after buying an additional 2,578,702 shares in the last quarter. 78.37% of the stock is currently owned by institutional investors and hedge funds.

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.