NuScale Power (NYSE:SMR) Shares Down 2.5% After Analyst Downgrade

NuScale Power Corporation (NYSE:SMR) shares fell 2.5% during trading on Wednesday after Royal Bank Of Canada lowered their price target on the stock from $14.00 to $10.00. Royal Bank Of Canada currently has a sector perform rating on the stock. NuScale Power traded as low as $9.37 and last traded at $9.64. 28,901,109 shares traded hands during trading, a decline of 5% from the average daily volume of 30,381,227 shares. The stock had previously closed at $9.89.

A number of other research firms have also recently weighed in on SMR. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a research note on Wednesday, June 24th. Bank of America started coverage on shares of NuScale Power in a research note on Friday, May 22nd. They set a “neutral” rating and a $12.00 price target for the company. Barclays decreased their price objective on NuScale Power from $15.00 to $11.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 22nd. The Goldman Sachs Group set a $9.00 target price on NuScale Power in a report on Friday, May 8th. Finally, Northland Securities set a $16.00 target price on NuScale Power in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $13.81.

Insider Activity

In related news, COO Carl M. Fisher sold 18,771 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total transaction of $175,696.56. Following the completion of the sale, 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 sale was disclosed in a document filed with the SEC, which is available 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: NuScale’s proposed Tennessee Valley Authority program could create licensing, engineering and equipment opportunities connected to as much as 6 gigawatts of new nuclear capacity. Investors view the project as a potential bridge from technology development to meaningful commercial revenue. Can NuScale’s TVA Opportunity Unlock Its Next Growth Phase?
• Positive Sentiment: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate nuclear-fuel solutions. Although the agreement does not yet represent a binding contract, it could strengthen NuScale’s fuel-supply ecosystem and support future reactor deployments. NuScale Power, Curio, Framatome Sign MOU to Evaluate Nuclear Fuel Solutions
• Positive Sentiment: NuScale’s regulatory head start, approximately $1.9 billion in liquidity and a potential multibillion-dollar nuclear market are encouraging investors. The average Wall Street price target implies substantial upside, although those targets depend heavily on converting preliminary opportunities into firm orders. Can NuScale’s Commercial Potential Justify Its Valuation?
• Neutral Sentiment: A potential Westinghouse Electric IPO could increase investor attention toward nuclear stocks and provide a sector valuation benchmark. The impact on NuScale would likely be indirect and depend on broader investor appetite for nuclear technology companies. A Westinghouse IPO Could Reset the Nuclear Stock Conversation
• Neutral Sentiment: Northland Securities raised several future EPS estimates, including forecasts for narrower losses in 2026 and 2027. However, NuScale is still expected to remain unprofitable, so the revisions provide only modest fundamental support.
• Negative Sentiment: NuScale’s valuation remains difficult to justify against its limited revenue and ongoing losses. The company’s latest quarter included roughly $0.08 million in revenue versus an $8.8 million consensus estimate, reinforcing concerns that commercialization may take longer than investors expect. Can NuScale’s Commercial Potential Justify Its Valuation?
• Negative Sentiment: Royal Bank of Canada lowered its price target from $14 to $10 and maintained a “sector perform” rating, signaling limited near-term conviction and weighing on sentiment.

Institutional Trading of NuScale Power

Hedge funds have recently modified their holdings of the company. Van ECK Associates Corp boosted its stake in NuScale Power by 117.8% in the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock worth $163,176,000 after purchasing an additional 6,227,747 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of NuScale Power in the first quarter valued at $59,141,000. Vanguard Group Inc. raised its holdings in shares of NuScale Power by 40.5% in the fourth quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock valued at $220,273,000 after buying an additional 4,482,254 shares during the last quarter. Voloridge Investment Management LLC bought a new position in shares of NuScale Power in the fourth quarter valued at about $48,993,000. Finally, Samsung C&T Corp lifted its position in NuScale Power by 98.9% during the 3rd quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock worth $186,689,000 after buying an additional 2,578,702 shares in the last quarter. Institutional investors and hedge funds own 78.37% of the company’s stock.

NuScale Power Stock Performance

The company’s 50-day moving average is $9.55 and its 200-day moving average is $11.73. The firm has a market cap of $3.52 billion, a price-to-earnings ratio of -3.30 and a beta of 2.26.

NuScale Power (NYSE:SMR) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, meeting the consensus estimate of ($0.13). NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. The firm had revenue of $0.07 million during the quarter, compared to analysts’ expectations of $8.80 million. During the same quarter last year, the company posted ($0.11) EPS. The company’s quarterly revenue was down 99.1% compared to the same quarter last year. On average, analysts predict that NuScale Power Corporation will post -0.43 EPS for the current 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.