NuScale Power (NYSE:SMR) Shares Gap Up – Here’s Why

NuScale Power Corporation (NYSE:SMR)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $15.57, but opened at $16.52. NuScale Power shares last traded at $15.6020, with a volume of 9,265,032 shares trading hands.

NuScale Power News Summary

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

• Positive Sentiment: Announced collaboration with Oak Ridge National Laboratory to explore AI-guided nuclear fuel management across multiple reactors — a technology/efficiency story that can support future project economics and commercial credibility. NuScale Power to Collaborate with Oak Ridge National Laboratory
• Positive Sentiment: Market reports note the AI/ORNL collaboration lifted the stock intraday as investors viewed the tie-up as validation of NuScale’s tech roadmap and potential operational upside. NuScale Power rises on AI collaboration with Oak Ridge
• Positive Sentiment: Additional press coverage highlighted the AI-guided nuclear fuel project with ORNL as a near-term PR catalyst that briefly supported share gains. NuScale Power stock rises after AI-guided project
• Neutral Sentiment: Valuation commentary: analysts and commentators are revisiting SMR valuation after the Cowen downgrade and Doicesti project delays; useful for investors but not a new catalyst by itself. A Look At NuScale Power Valuation After Downgrade
• Negative Sentiment: TD Cowen downgraded NuScale on increased vote risk in Romania (Doicesti), citing higher probability of project delays and pushing out expected commercial timelines — a major driver of today’s downward pressure. TD Cowen downgrades NuScale Power
• Negative Sentiment: Coverage notes Cowen moved the stock to “hold” as NuScale’s first SMR project may be delayed to 2034, signaling revenue and cash-flow pushouts that hurt near- and mid-term valuation. NuScale cut to hold at TD Cowen
• Negative Sentiment: Analyst/commentary piece warns of “death spiral” risk and endorses a rating downgrade scenario — broad negative narrative that can amplify selling pressure. NuScale Power: Death Spiral Risk
• Negative Sentiment: Tradr launched leveraged short ETFs targeting NuScale, increasing easily accessible short exposure and potential downside momentum for traders amplifying intraday moves. Tradr Unveils Short Leveraged ETFs on NuScale Power

Analyst Upgrades and Downgrades

Several brokerages recently commented on SMR. TD Cowen lowered shares of NuScale Power from a “buy” rating to a “hold” rating in a research report on Wednesday. Wall Street Zen cut shares of NuScale Power from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a report on Monday, December 29th. Cantor Fitzgerald began coverage on NuScale Power in a research note on Tuesday, October 21st. They issued an “overweight” rating and a $55.00 target price for the company. Finally, Bank of America raised NuScale Power from an “underperform” rating to a “neutral” rating and set a $28.00 price target for the company in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $33.19.

NuScale Power Trading Down 9.4%

The firm has a market cap of $4.21 billion, a PE ratio of -4.95 and a beta of 2.14. The company has a 50-day simple moving average of $18.08 and a 200 day simple moving average of $29.68.

Insiders Place Their Bets

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

Hedge Funds Weigh In On NuScale Power

Hedge funds have recently bought and sold shares of the business. Harbour Investments Inc. grew its holdings in NuScale Power by 21.3% in the second quarter. Harbour Investments Inc. now owns 1,156 shares of the company’s stock valued at $46,000 after purchasing an additional 203 shares during the period. D.A. Davidson & CO. lifted its position in shares of NuScale Power by 1.0% during the 2nd quarter. D.A. Davidson & CO. now owns 20,822 shares of the company’s stock valued at $824,000 after buying an additional 212 shares in the last quarter. Pasadena Private Wealth LLC increased its holdings in NuScale Power by 4.9% in the 3rd quarter. Pasadena Private Wealth LLC now owns 6,147 shares of the company’s stock worth $221,000 after acquiring an additional 287 shares in the last quarter. Family Capital Management Inc. increased its holdings in NuScale Power by 3.5% in the 3rd quarter. Family Capital Management Inc. now owns 8,682 shares of the company’s stock worth $313,000 after acquiring an additional 291 shares in the last quarter. Finally, Cibc World Market Inc. raised its position in NuScale Power by 3.8% during the third quarter. Cibc World Market Inc. now owns 9,000 shares of the company’s stock worth $324,000 after acquiring an additional 329 shares during the period. Hedge funds and other institutional investors 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.