NuScale Power (NYSE:SMR) Sees Large Volume Increase – Still a Buy?

NuScale Power Corporation (NYSE:SMR) saw an uptick in trading volume on Thursday . 22,134,464 shares traded hands during trading, a decline of 15% from the previous session’s volume of 26,003,857 shares.The stock last traded at $11.2720 and had previously closed at $11.71.

Key NuScale Power News

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

• Positive Sentiment: U.K. small-modular-reactor financing boosted sector sentiment and helped lift SMR earlier this week — investors bid up SMR and other SMR names after the U.K.’s National Wealth Fund and Rolls?Royce SMR news. NuScale Power shares jump as UK small-modular-reactor funding deal boosts sentiment
• Positive Sentiment: A U.S. space nuclear power initiative (NSTM?3) also lifted investor interest in nuclear names, providing short-term tailwinds for NuScale. Oklo, NuScale Stocks Rally On US Space Nuclear Power Initiative
• Neutral Sentiment: Street coverage remains mixed: RBC recently maintained a Hold on SMR, reflecting cautious analyst views despite some higher price targets from other firms. That contributes to muted conviction among investors. RBC Capital Sticks to Its Hold Rating
• Neutral Sentiment: Mixed institutional flows and divergent analyst price targets (wide range in recent notes) are keeping trading choppy and amplifying swings. Quiver sector/ownership summary
• Negative Sentiment: Multiple law firms and a filed securities-class-action suit allege misstatements about commercialization strategy for NuScale projects; April 20, 2026 lead-plaintiff deadlines have triggered a flood of notices seeking plaintiffs, creating legal risk and a headline overhang. Kessler Topaz deadline alert
• Negative Sentiment: Numerous additional plaintiff firms have issued investor alerts and reminder notices about the same class action and the April 20 deadline — this volume of legal notices magnifies perceived litigation risk. Pomerantz investor alert
• Negative Sentiment: Large shareholder selling — disclosures show a multi?million?share sale by Fluor?related entities (reported ~13.5M shares) and heavy insider selling over recent months — pressuring the stock and increasing downside risk / volatility. Corp Fluor Sells 13,500,000 Shares
• Negative Sentiment: Coverage and alerts tying NuScale to ENTRA1 disclosures and alleged investor harm have further amplified fear of regulatory/legal fallout. BFA Law ENTRA1 class alert

Analyst Ratings Changes

Several research firms have commented on SMR. Royal Bank Of Canada dropped their price objective on shares of NuScale Power from $21.00 to $14.00 and set a “sector perform” rating on the stock in a report on Monday, March 2nd. Canaccord Genuity Group dropped their price objective on shares of NuScale Power from $60.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Cantor Fitzgerald dropped their price objective on shares of NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, February 24th. Barclays dropped their price objective on shares of NuScale Power from $45.00 to $15.00 and set an “equal weight” rating on the stock in a report on Monday, February 23rd. Finally, Texas Capital raised shares of NuScale Power to a “strong-buy” rating in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $20.96.

NuScale Power Trading Down 0.5%

The stock has a market cap of $3.94 billion, a P/E ratio of -4.02 and a beta of 2.27. The stock’s fifty day moving average price is $12.32 and its 200 day moving average price is $21.15.

NuScale Power (NYSE:SMR) last announced its earnings results on Thursday, February 26th. The company reported ($0.80) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.70). NuScale Power had a negative net margin of 1,130.26% and a negative return on equity of 55.23%. The business had revenue of $1.81 million for the quarter, compared to the consensus estimate of $8.76 million. As a group, sell-side analysts forecast that NuScale Power Corporation will post -0.73 earnings per share for the current year.

Insider Activity

In other news, Director Corp Fluor sold 13,500,000 shares of the business’s stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $12.07, for a total transaction of $162,945,000.00. Following the sale, the director owned 26,436,472 shares in the company, valued at approximately $319,088,217.04. The trade was a 33.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Carl M. Fisher sold 22,197 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total transaction of $271,247.34. Following the completion of the transaction, the chief operating officer owned 140,141 shares in the company, valued at approximately $1,712,523.02. The trade was a 13.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 14,135,610 shares of company stock worth $171,143,439. 1.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On NuScale Power

Hedge funds have recently bought and sold shares of the company. Allianz Asset Management GmbH bought a new position in shares of NuScale Power in the 3rd quarter worth approximately $14,347,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of NuScale Power by 686.9% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 184,609 shares of the company’s stock worth $6,646,000 after purchasing an additional 161,149 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of NuScale Power by 103.4% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 609,450 shares of the company’s stock worth $21,940,000 after purchasing an additional 309,810 shares during the period. Lisanti Capital Growth LLC bought a new position in shares of NuScale Power in the 3rd quarter worth approximately $2,350,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of NuScale Power by 22.6% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company’s stock worth $263,195,000 after purchasing an additional 1,346,796 shares during the period. Institutional investors own 78.37% of the company’s stock.

About NuScale Power

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.