NuScale Power (NYSE:SMR) Stock Price Up 13.7% – Time to Buy?

NuScale Power Corporation (NYSE:SMR)’s stock price traded up 13.7% during trading on Thursday . The stock traded as high as $11.80 and last traded at $11.7610. Approximately 67,300,452 shares changed hands during mid-day trading, an increase of 119% from the average daily volume of 30,717,604 shares. The stock had previously closed at $10.34.

Key NuScale Power News

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

• Positive Sentiment: NuScale said its E2 Centers are bringing SMR operations, control-room training, and workforce preparation into classrooms, which supports the company’s commercialization narrative and could help build a future talent pipeline. NuScale’s E2 Centers Bring SMR Operations Into the Classroom
• Positive Sentiment: NuScale awarded Paragon a contract to finish final design work on the Highly Integrated Protection System for the NuScale Power Module, a small but constructive step toward advancing its reactor design and deployment readiness. Paragon Awarded Contract to Complete Final Design Work Supporting NuScale Power’s Small Modular Reactor
• Positive Sentiment: Broader commentary on nuclear and hydrogen stocks highlighted NuScale as a speculative beneficiary of rising interest in nuclear power for AI-driven electricity demand, which can support investor sentiment around the name. Promising Hydrogen Stocks To Follow Today – June 17th
• Neutral Sentiment: One market commentary piece said NuScale is “impossible to ignore right now” but also warned the stock could remain volatile for the rest of the year, reinforcing that SMR remains a high-risk trading name rather than a proven cash-generating business. NuScale Is Impossible to Ignore Right Now. Here’s What to Do With It.
• Negative Sentiment: Another article on NuScale presented a mixed view, saying there is one reason to buy the stock but also two reasons to sell, underscoring concerns about valuation, execution, and the company’s still-early stage of development. 1 Reason to Buy NuScale Power Stock, and 2 Reasons to Sell

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SMR. Cantor Fitzgerald decreased their price target on shares of NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. Canaccord Genuity Group decreased their price target on shares of NuScale Power from $60.00 to $25.00 and set a “buy” rating for the company in a report on Friday, February 27th. The Goldman Sachs Group set a $9.00 price target on NuScale Power in a report on Friday, May 8th. Zacks Research raised NuScale Power from a “strong sell” rating to a “hold” rating in a report on Friday, February 20th. Finally, Northland Securities set a $19.00 price target on shares of NuScale Power in a research note on Monday, May 11th. One investment 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, NuScale Power currently has an average rating of “Hold” and an average target price of $15.92.

NuScale Power Stock Performance

The company has a 50 day moving average price of $11.43 and a 200 day moving average price of $14.20. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of -4.03 and a beta of 2.20.

NuScale Power (NYSE:SMR) last released its quarterly earnings results on Thursday, May 7th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.03). The firm had revenue of $0.56 million for the quarter, compared to the consensus estimate of $7.00 million. NuScale Power had a negative net margin of 2,066.55% and a negative return on equity of 48.88%. NuScale Power’s quarterly revenue was down 95.8% compared to the same quarter last year. Research analysts forecast that NuScale Power Corporation will post -0.46 EPS for the current year.

Insiders Place Their Bets

In other news, Director Corp Fluor sold 13,500,000 shares of NuScale Power stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $11.81, for a total transaction of $159,435,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 39,936,472 shares of company stock valued at $472,831,169 over the last quarter. Company insiders own 1.28% of the company’s stock.

Institutional Investors Weigh In On NuScale Power

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SMR. Royal Bank of Canada lifted its holdings in NuScale Power by 623.4% in the 1st quarter. Royal Bank of Canada now owns 457,276 shares of the company’s stock worth $6,475,000 after buying an additional 394,065 shares during the period. AQR Capital Management LLC increased its holdings in NuScale Power by 37.4% in the 1st quarter. AQR Capital Management LLC now owns 37,614 shares of the company’s stock worth $533,000 after buying an additional 10,244 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in NuScale Power during the 1st quarter valued at $390,000. Jones Financial Companies Lllp lifted its stake in shares of NuScale Power by 9.1% in the 1st quarter. Jones Financial Companies Lllp now owns 16,793 shares of the company’s stock worth $238,000 after purchasing an additional 1,394 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in NuScale Power by 1,220.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company’s stock worth $26,127,000 after buying an additional 1,705,411 shares in the last quarter. 78.37% of the stock is currently owned by institutional investors.

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.