Evanson Financial LLC Makes New Investment in NuScale Power Corporation $SMR

Evanson Financial LLC purchased a new position in NuScale Power Corporation (NYSE:SMR) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 51,000 shares of the company’s stock, valued at approximately $512,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Renaissance Technologies LLC acquired a new stake in NuScale Power in the first quarter worth approximately $59,141,000. Mirae Asset Global Investments Co. Ltd. increased its position in shares of NuScale Power by 35.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 822,779 shares of the company’s stock valued at $11,659,000 after purchasing an additional 213,329 shares during the period. Swedbank AB increased its position in shares of NuScale Power by 36.3% during the 1st quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock valued at $16,285,000 after purchasing an additional 400,240 shares during the period. Caz Investments LP raised its stake in shares of NuScale Power by 10,000.0% in the 4th quarter. Caz Investments LP now owns 101,000 shares of the company’s stock worth $1,431,000 after buying an additional 100,000 shares in the last quarter. Finally, Seven Grand Managers LLC bought a new stake in shares of NuScale Power in the 4th quarter worth $1,771,000. 78.37% of the stock is currently owned by institutional investors.

Insider Buying and Selling at NuScale Power

In related news, COO Carl M. Fisher sold 18,771 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $9.36, for a total value of $175,696.56. Following the completion of the transaction, the chief operating officer owned 114,718 shares in the company, valued at $1,073,760.48. This trade represents a 14.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.28% of the stock is owned by company insiders.

Key Headlines Impacting NuScale Power

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

• Positive Sentiment: Management emphasized discussions with the Tennessee Valley Authority and near-term deployment readiness. Approved reactor designs, available fuel, qualified suppliers and approximately $1.9 billion in liquidity could help NuScale advance projects despite limited current revenue. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
• Positive Sentiment: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate fuel recycling, manufacturing and other advanced nuclear-fuel-cycle technologies. The agreement may strengthen NuScale’s long-term commercialization prospects and address fuel-supply needs for future reactors. Curio, NuScale Power, and Framatome Sign Strategic MOU
• Positive Sentiment: Northland Securities maintained its Buy rating, while Canaccord Genuity retained a Buy rating despite reducing its price target from $25 to $15. The continued bullish ratings reflect confidence in future reactor deployments, though the lower target signals a more cautious valuation view. Northland Securities Keeps Buy Rating
• Neutral Sentiment: Analyst sentiment remains mixed. Several firms are neutral, and the reported consensus rating is Hold with an average target near $14.12. This suggests potential upside, but also substantial uncertainty around execution and timing. Analysts Are Neutral on NuScale Power
• Neutral Sentiment: COO Carl Fisher sold 18,771 shares worth approximately $176,000 to cover tax withholding on vested equity awards. Because the transaction was tax-related, it may have limited bearish significance, although his direct ownership fell 14.06%. SEC insider transaction filing
• Negative Sentiment: Second-quarter revenue plunged about 99% year over year to roughly $70,000–$80,000, far below the $8.8 million estimate, as RoPower-related work wound down. The $0.13-per-share loss met expectations, but the revenue miss highlights commercialization-timing risk and continuing operating losses. SMR Q2 Earnings Meet Estimates, Revenues Miss
• Negative Sentiment: Citigroup lowered its price target from $7.50 to $6.50 and maintained a Sell rating, implying that current fundamentals do not yet justify the stock’s valuation. Citigroup price-target update

Analyst Ratings Changes

SMR has been the subject of several research reports. Northland Securities set a $16.00 target price on NuScale Power in a research note on Thursday. Barclays dropped their price target on shares of NuScale Power from $15.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 22nd. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a report on Wednesday, June 24th. Truist Financial assumed coverage on shares of NuScale Power in a research report on Monday, July 13th. They set a “hold” rating and a $10.00 price objective for the company. Finally, Citigroup lowered their price objective on shares of NuScale Power from $7.50 to $6.50 and set a “sell” rating on the stock in a research note on Thursday. One equities research 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $14.12.

NuScale Power Stock Performance

Shares of NYSE:SMR opened at $9.81 on Friday. The company has a market capitalization of $3.59 billion, a PE ratio of -3.36 and a beta of 2.26. The stock has a fifty day moving average of $9.70 and a 200-day moving average of $11.93. NuScale Power Corporation has a one year low of $7.21 and a one year high of $57.42.

NuScale Power (NYSE:SMR) last issued its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.13). The business had revenue of $0.07 million for the quarter, compared to analysts’ expectations of $8.80 million. NuScale Power had a negative return on equity of 46.91% and a negative net margin of 3,888.70%.The company’s quarterly revenue was down 99.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.11) EPS. As a group, research analysts forecast that NuScale Power Corporation will post -0.46 EPS for the current fiscal year.

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.