NuScale Power (NYSE:SMR) Research Coverage Started at Wedbush

Wedbush began coverage on shares of NuScale Power (NYSE:SMR) in a research report sent to investors on Tuesday, Marketbeat.com reports. The firm issued an underperform rating and a $5.00 price objective on the stock.

Several other brokerages have also recently commented on SMR. UBS Group cut shares of NuScale Power from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $10.00 to $6.00 in a research note on Friday, September 11th. B. Riley Financial decreased their target price on shares of NuScale Power from $15.00 to $10.00 and set a “buy” rating on the stock in a report on Wednesday, October 28th. Truist Financial lowered their target price on shares of NuScale Power from $10.00 to $8.00 and set a “hold” rating on the stock in a research note on Thursday, October 22nd. Citigroup cut their price target on shares of NuScale Power from $6.50 to $4.00 and set a “sell” rating for the company in a report on Wednesday, October 21st. Finally, Canaccord Genuity Group reduced their price target on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $10.23.

NuScale Power Stock Down 14.2%

SMR stock opened at $4.40 on Tuesday. The firm has a market capitalization of $1.89 billion, a PE ratio of -1.51 and a beta of 2.42. NuScale Power has a twelve month low of $4.28 and a twelve month high of $37.41. The stock has a 50-day simple moving average of $7.54 and a two-hundred day simple moving average of $10.63.

NuScale Power (NYSE:SMR) last announced its quarterly earnings results on Thursday, November 5th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.01. NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%. The firm had revenue of $0.28 million for the quarter, compared to analysts’ expectations of $3.66 million. During the same period in the prior year, the business posted ($1.85) earnings per share. The company’s revenue was down 96.6% on a year-over-year basis. On average, equities research analysts anticipate that NuScale Power will post -0.59 EPS for the current fiscal year.

Insider Activity

In other news, Director Shinji Fujino sold 20,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was 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. The trade was a 53.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Robert Hamady sold 20,000 shares of the business’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $7.89, for a total value of $157,800.00. Following the transaction, the chief financial officer directly owned 144,235 shares of the company’s stock, valued at $1,138,014.15. The trade was a 12.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 69,880 shares of company stock worth $615,573. Insiders own 1.28% of the company’s stock.

Institutional Investors Weigh In On NuScale Power

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Fifth Third Bancorp lifted its stake in NuScale Power by 39.0% during the third quarter. Fifth Third Bancorp now owns 65,072 shares of the company’s stock worth $514,000 after purchasing an additional 18,247 shares during the last quarter. AlphaCore Capital LLC bought a new position in shares of NuScale Power during the 3rd quarter valued at about $89,000. Midwest Capital Advisors LLC bought a new position in shares of NuScale Power during the 3rd quarter valued at about $139,000. Fulcrum Asset Management LLP increased its position in shares of NuScale Power by 6,102.3% during the 3rd quarter. Fulcrum Asset Management LLP now owns 245,486 shares of the company’s stock valued at $1,905,000 after purchasing an additional 241,528 shares during the last quarter. Finally, M Holdings Securities Inc. purchased a new position in shares of NuScale Power during the 3rd quarter valued at about $113,000. 78.37% of the stock is owned by hedge funds and other institutional investors.

NuScale Power News Roundup

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

• Positive Sentiment: NuScale reported a third-quarter loss of $0.11 per share, slightly better than analysts’ $0.12 estimate and narrower than its loss in the year-ago quarter. NuScale Power Reports Third Quarter 2026 Results
• Positive Sentiment: Reports highlighted a shift from licensed reactor design toward physical fabrication and production—a potential commercialization milestone, although it does not by itself establish a project timeline or revenue. NuScale moves from licensed design to actual fabrication
• Negative Sentiment: Quarterly revenue was just $0.28 million, well below the $3.66 million analyst estimate and down 96.6% year over year. The sharp miss tempers the EPS beat and highlights how limited current revenue remains. NuScale Power third-quarter earnings results

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.