Northland Securities Estimates NuScale Power Q1 Earnings

NuScale Power Corporation (NYSE:SMR – Free Report) – Investment analysts at Northland Securities issued their Q1 2027 EPS estimates for NuScale Power in a report issued on Friday, November 6th. Northland Securities analyst J. Grampp expects that the company will earn ($0.14) per share for the quarter. The consensus estimate for NuScale Power’s current full-year earnings is ($0.59) per share. Northland Securities also issued estimates for NuScale Power’s Q2 2027 earnings at ($0.14) EPS, Q3 2027 earnings at ($0.14) EPS and Q4 2027 earnings at ($0.14) EPS.

Several other research analysts also recently commented on the stock. UBS Group downgraded shares of NuScale Power from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $10.00 to $6.00 in a research report on Friday, September 11th. Wall Street Zen raised NuScale Power from a “strong sell” rating to a “sell” rating in a report on Saturday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NuScale Power in a report on Monday, September 21st. Canaccord Genuity Group decreased their price target on NuScale Power from $15.00 to $11.00 and set a “buy” rating on the stock in a research note on Friday. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $4.00 price target on shares of NuScale Power in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, NuScale Power currently has an average rating of “Hold” and a consensus price target of $8.73.

Get Our Latest Report on SMR

NuScale Power Trading Up 7.4%

Shares of NuScale Power stock opened at $5.46 on Monday. The company has a market cap of $2.35 billion, a PE ratio of -4.63 and a beta of 2.42. The company has a 50 day moving average of $7.37 and a 200-day moving average of $10.49. NuScale Power has a 1-year low of $4.28 and a 1-year high of $32.09.

NuScale Power (NYSE:SMR – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.01. The company had revenue of $0.28 million during the quarter, compared to analysts’ expectations of $3.66 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. The business’s revenue for the quarter was down 96.6% compared to the same quarter last year. During the same period in the previous year, the company earned ($1.85) EPS.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Vectors Research Management LLC raised its position in NuScale Power by 19.6% in the third quarter. Vectors Research Management LLC now owns 19,103 shares of the company’s stock valued at $151,000 after purchasing an additional 3,135 shares during the last quarter. Allworth Financial LP boosted its stake in shares of NuScale Power by 23.1% during the third quarter. Allworth Financial LP now owns 21,669 shares of the company’s stock valued at $171,000 after purchasing an additional 4,070 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of NuScale Power by 39.0% during the third quarter. Fifth Third Bancorp now owns 65,072 shares of the company’s stock valued at $514,000 after purchasing an additional 18,247 shares in the last quarter. AlphaCore Capital LLC bought a new stake in shares of NuScale Power during the third quarter worth about $89,000. Finally, Midwest Capital Advisors LLC bought a new stake in shares of NuScale Power during the third quarter worth about $139,000. 78.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Shinji Fujino sold 20,000 shares of the company’s stock in a transaction that occurred 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 directly owned 17,242 shares in the company, valued at $152,764.12. This represents a 53.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert Hamady sold 20,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $7.89, for a total transaction of $157,800.00. Following the completion of the transaction, the chief financial officer directly owned 144,235 shares of the company’s stock, valued at approximately $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. Over the last 90 days, insiders sold 69,880 shares of company stock worth $615,573. 1.28% of the stock is currently owned by corporate insiders.

More NuScale Power News

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

About NuScale Power

(Get Free Report)

NuScale Power develops small modular nuclear reactor technology and related services for electric utilities, industrial companies, and government customers. Its NuScale Power Module is a factory-fabricated, water-cooled reactor designed to be deployed in groups, allowing plants to scale capacity to meet customer needs.

The company supports projects through engineering, licensing, design, and deployment services. Its VOYGR plant concept uses NuScale modules to provide electricity and can also support applications such as district heating, hydrogen production, and water desalination.

Founded in 2007, NuScale is based in Portland, Oregon, and pursues projects in the United States and international markets.

Further Reading

Earnings History and Estimates for NuScale Power (NYSE:SMR)

Receive News & Ratings for NuScale Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NuScale Power and related companies with MarketBeat.com's FREE daily email newsletter.