NuScale Power (NYSE:SMR) Shares Down 1.1% – Here’s Why

NuScale Power Corporation (NYSE:SMR) traded down 1.1% during mid-day trading on Monday . The stock traded as low as $8.23 and last traded at $8.5150. 36,911,673 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 31,173,303 shares. The stock had previously closed at $8.61.

Key NuScale Power News

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

• Positive Sentiment: NuScale has an approved small modular reactor design and potential commercial opportunities, including a proposed project that could deploy as many as 72 modules. Successful financing and customer commitments could provide significant upside. Prediction: $1,000 in NuScale Power Today Could Be Worth This Much by 2030
• Positive Sentiment: One analysis identifies NuScale’s reactor technology and its potential customer pipeline as overlooked strengths. However, at least one prospective customer is still seeking financing, so the opportunity has not yet become firm revenue. NuScale Has One Overlooked Quality Worth Buying Into
• Positive Sentiment: NuScale’s inclusion in nuclear-stock watchlists may maintain investor interest as demand for carbon-free power and artificial-intelligence-related electricity grows, although watchlist inclusion is not a business catalyst by itself. Best Nuclear Stocks To Add to Your Watchlist
• Neutral Sentiment: Comparisons with Oklo and TMC highlight that NuScale has an approved design but is still searching for its first confirmed customer, underscoring both its technological lead and commercialization risk. Oklo vs. NuScale vs. TMC
• Neutral Sentiment: NuScale’s appearance in broader mid-cap and water-stock market lists provides little direct information about its fundamentals or near-term valuation. Mid Cap Stocks To Follow Now Water Stocks To Watch Now
• Negative Sentiment: NuScale’s CFO sold 20,000 shares for approximately $190,000 at an average price of $9.49—about 21% of the CFO’s directly held shares. Insider selling can weigh on sentiment, particularly after a steep year-over-year decline. NuScale Power CFO Sells Shares
• Negative Sentiment: NuScale generated only $75,000 of second-quarter revenue, down 99% from the prior year. Articles argue that the stock may not recover substantially before 2029 and warn that a potential catalyst this year could become a reason to sell. Prediction: NuScale Power Stock Does Not Recover Before 2029 If You’re Still Holding NuScale, Here’s One Catalyst That Might Make You Sell

Analysts Set New Price Targets

Several research analysts recently weighed in on SMR shares. Citigroup reduced their price target on shares of NuScale Power from $7.50 to $6.50 and set a “sell” rating for the company in a research report on Thursday, August 6th. Barclays cut their price objective on NuScale Power from $15.00 to $11.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 22nd. Bank of America initiated coverage on NuScale Power in a report on Friday, May 22nd. They set a “neutral” rating and a $12.00 target price for the company. UBS Group downgraded NuScale Power from a “neutral” rating to a “sell” rating and decreased their target price for the company from $10.00 to $6.00 in a research report on Friday. Finally, Royal Bank Of Canada lowered their price target on NuScale Power from $14.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $12.96.

NuScale Power Price Performance

The company’s 50 day moving average price is $9.12 and its two-hundred day moving average price is $10.60. The stock has a market capitalization of $3.66 billion, a PE ratio of -2.92 and a beta of 2.30.

NuScale Power (NYSE:SMR) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.13). The company had revenue of $0.07 million during the quarter, compared to analysts’ expectations of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. NuScale Power’s revenue was down 99.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.11) EPS. Analysts forecast that NuScale Power Corporation will post -0.64 earnings per share for the current year.

Insider Transactions at NuScale Power

In other news, COO Carl Fisher sold 18,771 shares of the company’s stock in a transaction that occurred 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 sale, the chief operating officer directly owned 114,718 shares in the company, valued at $1,073,760.48. This represents a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Robert Hamady sold 29,880 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $9.39, for a total value of $280,573.20. Following the completion of the sale, the chief financial officer directly owned 124,235 shares of the company’s stock, valued at approximately $1,166,566.65. This represents a 19.39% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 68,651 shares of company stock worth $633,470 in the last ninety days. Insiders own 1.28% of the company’s stock.

Institutional Trading of NuScale Power

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Assetmark Inc. boosted its position in shares of NuScale Power by 1,940.3% during the 1st quarter. Assetmark Inc. now owns 2,428 shares of the company’s stock valued at $26,000 after acquiring an additional 2,309 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in NuScale Power during the second quarter worth about $27,000. Strategic Advocates LLC increased its position in NuScale Power by 233.0% during the fourth quarter. Strategic Advocates LLC now owns 2,321 shares of the company’s stock worth $33,000 after purchasing an additional 1,624 shares during the last quarter. Harbour Investments Inc. raised its stake in NuScale Power by 32.4% during the fourth quarter. Harbour Investments Inc. now owns 2,419 shares of the company’s stock worth $34,000 after purchasing an additional 592 shares during the period. Finally, Ancora Advisors LLC purchased a new position in NuScale Power during the second quarter worth about $92,000. 78.37% of the stock is owned by institutional investors and hedge funds.

NuScale Power Company Profile

NuScale Power Corporation develops small modular reactor (SMR) technology for the generation of carbon-free electricity and other energy applications. Its proprietary NuScale Power Module is a compact, factory-fabricated pressurized water reactor designed to be deployed individually or in multi-module configurations. The company’s technology is intended to support electric utilities, industrial users, and other customers seeking scalable alternatives for reliable power generation.

NuScale offers its reactor technology through the VOYGR power plant platform, along with engineering, licensing, project development, and deployment support.