Citigroup Lowers NuScale Power (NYSE:SMR) Price Target to $11.50

NuScale Power (NYSE:SMR) had its price target lowered by stock analysts at Citigroup from $18.50 to $11.50 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “sell” rating on the stock. Citigroup’s price target suggests a potential downside of 13.89% from the stock’s current price.

SMR has been the subject of several other research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a research note on Monday, December 29th. Wall Street Zen downgraded shares of NuScale Power from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Cantor Fitzgerald dropped their price target on shares of NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. B. Riley Financial lowered their target price on shares of NuScale Power from $38.00 to $24.00 and set a “buy” rating for the company in a research note on Monday, December 22nd. Finally, Barclays dropped their target price on shares of NuScale Power from $45.00 to $15.00 and set an “equal weight” rating on the stock in a report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, NuScale Power has an average rating of “Hold” and an average price target of $21.42.

NuScale Power Stock Up 3.9%

NYSE SMR traded up $0.51 on Monday, hitting $13.36. The company’s stock had a trading volume of 19,122,169 shares, compared to its average volume of 28,657,467. The company’s 50-day moving average is $16.79 and its 200 day moving average is $26.98. The firm has a market cap of $3.99 billion, a PE ratio of -4.62 and a beta of 2.20. NuScale Power has a 1-year low of $11.08 and a 1-year high of $57.42.

NuScale Power (NYSE:SMR) last issued 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). The business had revenue of $1.81 million during the quarter, compared to the consensus estimate of $8.76 million. NuScale Power had a negative return on equity of 55.23% and a negative net margin of 1,130.26%. On average, equities analysts expect that NuScale Power will post -0.73 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Robert Ramsey Hamady sold 40,000 shares of the firm’s stock in a transaction dated 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 directly owned 46,283 shares in the company, valued at $1,026,094.11. This trade represents a 46.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.20% of the company’s stock.

Institutional Trading of NuScale Power

Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its stake in NuScale Power by 623.4% in the 1st quarter. Royal Bank of Canada now owns 457,276 shares of the company’s stock valued at $6,475,000 after buying an additional 394,065 shares during the last quarter. AQR Capital Management LLC increased its position in shares of NuScale Power by 37.4% during the first quarter. AQR Capital Management LLC now owns 37,614 shares of the company’s stock valued at $533,000 after acquiring an additional 10,244 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of NuScale Power during the first quarter valued at approximately $390,000. Jones Financial Companies Lllp lifted its holdings in NuScale Power by 9.1% during the first quarter. Jones Financial Companies Lllp now owns 16,793 shares of the company’s stock worth $238,000 after acquiring an additional 1,394 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position 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 worth $26,127,000 after purchasing an additional 1,705,411 shares during the last quarter. Hedge funds and other institutional investors own 78.37% of the company’s stock.

NuScale Power News Summary

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

• Positive Sentiment: Atomic AI / MarketBeat published a bullish piece arguing NuScale’s NRC Standard Design Approval, manufacturing progress and ~ $1.3B cash runway make it uniquely positioned to supply 24/7 power to AI data centers; highlights ENTRA1/TVA discussions as the key commercial catalyst.
• Neutral Sentiment: Canaccord Genuity lowered its price target to $25 (coverage note reported by AmericanBankingNews), a moderation from prior targets but still above current levels; this is a tempered endorsement rather than a sell signal. Canaccord Target Cut
• Negative Sentiment: The Goldman Sachs Group cut its price target from $20 to $14 and set a Neutral rating, narrowing upside to roughly single digits from current levels; this is a direct analyst-driven headwind. Goldman Sachs Note
• Negative Sentiment: Royal Bank of Canada similarly cut its target to $14 and moved to Sector Perform, adding to short-term downward pressure from stature institutional research. RBC Note
• Negative Sentiment: Multiple securities-law firms announced class action filings and solicitations (PR Newswire, GlobeNewswire, Newsfile) alleging investor harm tied to prior disclosures and a stock drop; these actions increase legal risk, potential settlements and headline volatility. PR Newswire Lawsuit Notice
• Negative Sentiment: Recent Q4 results (Feb. 26) showed a wider-than-expected loss and weak revenue recognition, a reminder of execution and timing risks that drove earlier volatility and remain a near-term fundamental concern for investors. Earnings Summary

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.