NuScale Power (NYSE:SMR) Trading Up 3.5% – Time to Buy?

NuScale Power Corporation (NYSE:SMR)’s stock price shot up 3.5% during trading on Friday . The stock traded as high as $9.65 and last traded at $9.39. 36,926,893 shares traded hands during trading, an increase of 21% from the average session volume of 30,492,223 shares. The stock had previously closed at $9.07.

NuScale Power News Roundup

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

• Positive Sentiment: Options trading was directionally bullish: call volume reached 36,675 contracts, roughly twice expected activity, while the put/call ratio was 0.36. The most active contracts were near the $9.50 and $10 strikes, suggesting some traders are positioning for a near-term rebound. Nuscale Power Corp call volume above normal and directionally bullish
• Positive Sentiment: Growing electricity demand from AI data centers is strengthening the long-term investment case for reliable, carbon-free power sources such as small modular reactors. However, this is an industry-wide theme rather than a new NuScale contract or revenue announcement. Nvidia Chip-Filled Data Centers Need More Power Than Any Utility Can Promise
• Neutral Sentiment: Several institutional investors increased their holdings, and institutions collectively own about 78.4% of SMR. The disclosed purchases were relatively small, limiting their immediate effect on valuation.
• Neutral Sentiment: Analyst opinion remains divided. The consensus rating is “Hold” with an average target of $13.50, while individual targets range from $6.50 to $15.00. This indicates meaningful upside potential but also considerable uncertainty.
• Negative Sentiment: NuScale filed for an at-the-market offering of up to $750 million in Class A shares. Although the proceeds could fund development and operations, issuing shares may dilute existing shareholders and pressure the stock.
• Negative Sentiment: Director Shinji Fujino sold 20,000 shares for approximately $177,200, reducing his ownership by 53.7%. Insider selling can weigh on sentiment, particularly for a speculative, high-beta stock. NuScale Power Director Share Sale SEC Filing
• Negative Sentiment: Recent quarterly results highlighted execution risk: revenue was only about $0.07–$0.08 million versus an $8.8 million estimate, down 99.1% year over year, while the company remained deeply unprofitable. Analysts expect a full-year loss of approximately $0.64 per share.

Analysts Set New Price Targets

A number of research firms have issued reports on SMR. Barclays cut their price target on 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. Citigroup decreased their price objective on shares of NuScale Power from $7.50 to $6.50 and set a “sell” rating for the company in a research note on Thursday, August 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of NuScale Power in a research note on Wednesday, June 24th. Northland Securities set a $16.00 price target on shares of NuScale Power in a report on Thursday, August 6th. Finally, The Goldman Sachs Group set a $9.00 price objective on shares of NuScale Power in a report on Friday, May 8th. One 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $13.50.

NuScale Power Price Performance

The company has a market cap of $4.04 billion, a PE ratio of -3.22 and a beta of 2.26. The company has a fifty day moving average price of $9.35 and a 200 day moving average price of $11.23.

NuScale Power (NYSE:SMR) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, hitting analysts’ consensus estimates of ($0.13). The firm had revenue of $0.07 million for the quarter, compared to analyst estimates of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. The business’s revenue for the quarter was down 99.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.11) EPS. As a group, sell-side analysts predict that NuScale Power Corporation will post -0.64 EPS for the current fiscal year.

Insider Activity at NuScale Power

In other news, Director Shinji Fujino sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $8.86, for a total value of $177,200.00. Following the completion of the sale, the director directly owned 17,242 shares in the company, valued at approximately $152,764.12. The trade was a 53.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Carl M. Fisher sold 18,771 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total transaction of $175,696.56. Following the completion of the sale, the chief operating officer directly owned 114,718 shares of the company’s stock, valued at $1,073,760.48. This trade represents a 14.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.28% of the stock is owned by corporate insiders.

Institutional Trading of NuScale Power

Several hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC bought a new stake in shares of NuScale Power in the 1st quarter valued at about $59,141,000. Bank of America Corp DE grew its position in NuScale Power by 33.4% during the 1st quarter. Bank of America Corp DE now owns 2,062,232 shares of the company’s stock worth $22,355,000 after acquiring an additional 516,097 shares during the last quarter. Swedbank AB grew its position in NuScale Power by 36.3% during the 1st quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock worth $16,285,000 after acquiring an additional 400,240 shares during the last quarter. Caz Investments LP increased its stake in NuScale Power by 10,000.0% in the 4th quarter. Caz Investments LP now owns 101,000 shares of the company’s stock worth $1,431,000 after purchasing an additional 100,000 shares during the period. Finally, Seven Grand Managers LLC purchased a new position in NuScale Power in the 4th quarter worth approximately $1,771,000. 78.37% of the stock is owned by institutional investors.

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.