NuScale Power (NYSE:SMR) Sets New 12-Month Low – What’s Next?

Shares of NuScale Power Corporation (NYSE:SMR) hit a new 52-week low during trading on Wednesday. The company traded as low as $5.19 and last traded at $5.0950, with a volume of 9,187,980 shares traded. The stock had previously closed at $5.37.

NuScale Power News Summary

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

• Positive Sentiment: NuScale is advancing manufacturing with Doosan, moving into first-article production. The step supports manufacturing readiness, though it does not itself represent a reactor order or customer contract. NuScale Power Advances SMR Manufacturing With Doosan
• Neutral Sentiment: NuScale is scheduled to report third-quarter 2026 results Thursday, making the report a near-term catalyst. A valuation screen cited in an earnings preview estimates substantial upside, but that is a model-based assessment, not a company outlook. Earnings To Watch: NuScale Power Corp (SMR) Q3 2026
• Neutral Sentiment: A market report projects growth in the global small modular reactor market, which could support long-term industry demand, but does not establish near-term business for NuScale. Global Small Modular Reactor Market to Reach US$7.2 Billion by 2032
• Negative Sentiment: Wedbush initiated coverage with an Underperform rating and a $5 price target, pointing to doubts about NuScale securing orders. The bearish view adds pressure while the company still lacks a first customer for its reactor design. Wedbush Starts NuScale Power at Underperform Barclays Turned Bearish on NuScale Power
• Negative Sentiment: Coverage also notes that analyst price targets have fallen sharply over the past year and questions whether the stock remains overvalued. Separately, recent weakness in small-reactor shares, including NuScale, reflects broader sector selling. NuScale Price Target Has Collapsed 73% in a Year X-energy Lost 23% in a Month

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NuScale Power in a research note on Monday, September 21st. Northland Securities set a $16.00 price objective on NuScale Power in a research note on Thursday, August 6th. Truist Financial reduced their price objective on NuScale Power from $10.00 to $8.00 and set a “hold” rating on the stock in a report on Thursday, October 22nd. UBS Group lowered NuScale Power from a “neutral” rating to a “sell” rating and decreased their target price for the company from $10.00 to $6.00 in a research report on Friday, September 11th. Finally, Canaccord Genuity Group decreased their price objective on NuScale Power from $25.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $10.23.

NuScale Power Price Performance

The stock has a market cap of $2.22 billion, a price-to-earnings ratio of -1.77 and a beta of 2.42. The company’s fifty day moving average price is $7.73 and its 200-day moving average price is $10.78.

NuScale Power (NYSE:SMR) last released its earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, hitting analysts’ consensus estimates of ($0.13). The company had revenue of $0.07 million during the quarter, compared to analysts’ expectations of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. NuScale Power’s revenue for the quarter was down 99.1% on a year-over-year basis. During the same period last year, the business earned ($0.11) EPS. On average, sell-side analysts forecast that NuScale Power Corporation will post -0.63 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Shinji Fujino sold 20,000 shares of the business’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 sale, the director directly owned 17,242 shares of the company’s stock, valued at $152,764.12. The trade was a 53.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert Hamady sold 29,880 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $9.39, for a total value of $280,573.20. Following the completion of the transaction, the chief financial officer directly owned 124,235 shares in the company, valued at approximately $1,166,566.65. The trade was a 19.39% decrease in their ownership of the stock. 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. In the last ninety days, insiders sold 69,880 shares of company stock valued at $615,573. Corporate insiders own 1.28% of the company’s stock.

Institutional Trading of NuScale Power

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new position in shares of NuScale Power in the first quarter valued at about $59,141,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of NuScale Power in the third quarter worth about $12,785,000. Bank of America Corp DE lifted its holdings in shares of NuScale Power by 33.4% during the first quarter. Bank of America Corp DE now owns 2,062,232 shares of the company’s stock worth $22,355,000 after purchasing an additional 516,097 shares during the period. Swedbank AB lifted its holdings in shares of NuScale Power by 36.3% during the first quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock worth $16,285,000 after purchasing an additional 400,240 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in NuScale Power in the first quarter valued at approximately $4,336,000. Institutional investors and hedge funds own 78.37% of the company’s stock.

About NuScale Power

NuScale Power Corporation develops small modular reactor (SMR) technology for producing electricity and other forms of low-carbon energy. The company’s core product is the NuScale Power Module, a compact pressurized-water reactor designed to be manufactured in a factory, transported to a site and deployed in scalable configurations.

NuScale markets its technology through the VOYGR power plant platform, which can combine multiple reactor modules to meet the needs of utilities, industrial users and other customers.