NuScale Power (NYSE:SMR) Trading 1.9% Higher – Still a Buy?

NuScale Power Corporation (NYSE:SMR)’s share price rose 1.9% during mid-day trading on Thursday . The company traded as high as $10.08 and last traded at $9.74. 28,636,546 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 30,809,984 shares. The stock had previously closed at $9.56.

NuScale Power News Summary

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

• Positive Sentiment: Several Wall Street analysts remain bullish, citing NuScale’s first-mover position in small modular reactors (SMRs), potential demand from data centers and artificial-intelligence infrastructure, and the possibility of large-scale reactor deployments. These expectations help support the stock despite its recent losses. 3 Reasons Wall Street Analysts Remain Bullish on NuScale Power Stock
• Positive Sentiment: NuScale is applying specialized artificial-intelligence tools to its internal workflows. The initiative could improve engineering, productivity, and operating efficiency, although the financial impact is not yet clear. NuScale Just Turned AI on Itself
• Neutral Sentiment: Post-earnings analysis is focused on updated earnings estimates and what they imply for the next phase of trading. The stock’s roughly 3% gain since the report suggests some stabilization, but estimates remain important because NuScale is still operating at a loss. Why Is NuScale Power Up 3% Since Last Earnings Report?
• Neutral Sentiment: A planned Holtec nuclear IPO could increase investor attention on the nuclear-power sector and provide a fresh comparison for SMR companies, but it may also intensify competition for capital. Holtec Nuclear IPO
• Negative Sentiment: Analysts warn that NuScale may need to issue additional shares to fund development, creating ongoing dilution risk for existing shareholders. Wall Street Loves NuScale Power. Here’s the Risk
• Negative Sentiment: NuScale’s latest quarter underscored its speculative profile: revenue was only $0.08 million versus an $8.8 million estimate, down 99.1% year over year, while the company remained unprofitable. The gap between long-term SMR potential and near-term financial performance is likely keeping pressure on the stock. NuScale Earnings Analysis

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Barclays dropped their target price on shares of NuScale Power from $15.00 to $11.00 and set an “equal weight” rating for the company in a report on Wednesday, July 22nd. Royal Bank Of Canada decreased their price target on shares of NuScale Power from $14.00 to $10.00 and set a “sector perform” rating on the stock in a report on Tuesday, August 11th. Northland Securities set a $16.00 price objective on shares of NuScale Power in a research report on Thursday, August 6th. Bank of America started coverage on shares of NuScale Power in a research note on Friday, May 22nd. They issued a “neutral” rating and a $12.00 price objective for the company. Finally, Canaccord Genuity Group cut their target price on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. One 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 issued a Sell rating to the company. According to data from MarketBeat.com, NuScale Power currently has a consensus rating of “Hold” and a consensus target price of $13.50.

NuScale Power Price Performance

The company has a market capitalization of $4.15 billion, a P/E ratio of -3.31 and a beta of 2.30. The company has a fifty day moving average price of $9.11 and a two-hundred day moving average price of $10.76.

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

Insider Buying and Selling at NuScale Power

In other news, Director Shinji Fujino sold 20,000 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $8.86, for a total transaction of $177,200.00. Following the completion of the transaction, the director owned 17,242 shares of the company’s stock, valued at approximately $152,764.12. This trade represents a 53.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Robert Hamady sold 29,880 shares of NuScale Power stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $9.39, for a total transaction of $280,573.20. Following the transaction, the chief financial officer owned 124,235 shares in the company, valued at approximately $1,166,566.65. This trade represents a 19.39% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 68,651 shares of company stock worth $633,470. 1.28% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vermillion & White Wealth Management Group LLC grew its position in shares of NuScale Power by 1,550.9% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company’s stock valued at $25,000 after buying an additional 1,675 shares during the last quarter. Assetmark Inc. raised its position in shares of NuScale Power by 1,940.3% during the first quarter. Assetmark Inc. now owns 2,428 shares of the company’s stock worth $26,000 after acquiring an additional 2,309 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of NuScale Power during the second quarter worth about $27,000. Ameriflex Group Inc. acquired a new position in shares of NuScale Power in the fourth quarter worth approximately $30,000. Finally, Strategic Advocates LLC lifted its stake in shares of NuScale Power by 233.0% in the fourth quarter. Strategic Advocates LLC now owns 2,321 shares of the company’s stock worth $33,000 after acquiring an additional 1,624 shares during the period. 78.37% of the stock is owned by institutional investors and hedge funds.

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.