Citigroup Lowers NuScale Power (NYSE:SMR) Price Target to $6.50

NuScale Power (NYSE:SMR) had its price target cut by Citigroup from $7.50 to $6.50 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “sell” rating on the stock. Citigroup’s target price would indicate a potential downside of 31.46% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Northland Securities set a $16.00 price objective on shares of NuScale Power in a research report on Thursday. Barclays decreased their target price 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. The Goldman Sachs Group set a $9.00 price target on NuScale Power in a report on Friday, May 8th. Bank of America initiated coverage on NuScale Power in a research report on Friday, May 22nd. They set a “neutral” rating and a $12.00 price target on the stock. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of NuScale Power in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $14.88.

NuScale Power Stock Up 1.1%

NYSE SMR traded up $0.10 during trading on Thursday, reaching $9.48. 28,306,448 shares of the stock traded hands, compared to its average volume of 30,452,332. NuScale Power has a fifty-two week low of $7.21 and a fifty-two week high of $57.42. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of -3.25 and a beta of 2.26. The stock’s 50-day moving average price is $9.81 and its 200 day moving average price is $12.02.

NuScale Power (NYSE:SMR) last posted its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, hitting the consensus estimate of ($0.13). The company 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 2,066.55% and a negative return on equity of 48.88%. The business’s revenue for the quarter was down 99.1% compared to the same quarter last year. During the same period last year, the business posted ($0.11) earnings per share. Analysts anticipate that NuScale Power will post -0.46 EPS for the current fiscal year.

Hedge Funds Weigh In On NuScale Power

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SMR. Heck Capital Advisors LLC lifted its holdings in shares of NuScale Power by 33.5% in the second quarter. Heck Capital Advisors LLC now owns 16,382 shares of the company’s stock valued at $164,000 after purchasing an additional 4,115 shares in the last quarter. Handelsbanken Fonder AB grew its holdings in shares of NuScale Power by 209.5% during the second quarter. Handelsbanken Fonder AB now owns 108,000 shares of the company’s stock worth $1,083,000 after buying an additional 73,100 shares in the last quarter. Adamsbrown Wealth Consultants LLC acquired a new stake in NuScale Power in the 2nd quarter valued at approximately $100,000. Hennion & Walsh Asset Management Inc. lifted its stake in NuScale Power by 30.5% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 84,199 shares of the company’s stock valued at $845,000 after acquiring an additional 19,679 shares in the last quarter. Finally, Evanson Financial LLC bought a new stake in NuScale Power in the 2nd quarter valued at approximately $512,000. 78.37% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about NuScale Power

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

• Positive Sentiment: Strategic fuel-cycle agreement: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate fuel recycling and manufacturing technologies for next-generation reactors. The agreement could support NuScale’s long-term commercialization efforts, although it does not represent an immediate revenue commitment. Curio, NuScale Power, and Framatome Sign Strategic MOU to Advance the Future Nuclear Fuel Cycle
• Positive Sentiment: Deployment readiness and TVA discussions: Management emphasized ongoing talks with the Tennessee Valley Authority and said NuScale is positioned for near-term deployment, citing approved reactor designs, available fuel, established suppliers and approximately $1.9 billion in liquidity. These points helped give investors reasons to focus on future contracts rather than current sales. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
• Neutral Sentiment: Quarterly loss matched expectations: NuScale reported a second-quarter loss of $0.13 per share, in line with analyst estimates. The result provided little negative surprise on the earnings-per-share line, but investors remain dependent on future project awards and commercialization milestones. NuScale Power Corporation Reports Q2 Loss, Lags Revenue Estimates
• Negative Sentiment: Severe revenue miss: Second-quarter revenue was only about $0.07–$0.08 million, versus roughly $8.8 million expected, and fell 99.1% from the prior-year period. The large shortfall highlights the timing risk of NuScale’s project-based business and remains the main fundamental headwind for SMR. NuScale Power Reports Second Quarter 2026 Results

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.