NuScale Power (NYSE:SMR) Trading Down 3.5% – What’s Next?

NuScale Power Corporation (NYSE:SMR) fell 3.5% on Monday . The company traded as low as $8.80 and last traded at $9.0690. 46,072,172 shares traded hands during mid-day trading, an increase of 51% from the average daily volume of 30,600,709 shares. The stock had previously closed at $9.40.

More NuScale Power News

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

• Positive Sentiment: Nuclear-specific AI deployment: NuScale is partnering with NPX and Nuclearn to deploy AI tools for engineering, knowledge management and development of its advanced reactor program. The technology could improve development efficiency and support the company’s effort to commercialize small modular reactors. NuScale Power Deploys Nuclear-Specific AI from NPX and Nuclearn to Speed Development of Its Advanced Reactor Program
• Positive Sentiment: AI-related power demand supports the long-term thesis: Rising electricity needs from data centers and artificial intelligence are reinforcing the investment case for nuclear generation, including NuScale’s SMR technology. However, this remains a future-demand narrative rather than current revenue growth.
• Positive Sentiment: Options activity was unusually bullish: Investors purchased 78,629 call options, about 29% above average call volume. This suggests increased speculative interest and expectations for further gains, although options activity does not guarantee a sustained rally.
• Positive Sentiment: Oversold-sector rebound: NuScale rose alongside other nuclear stocks in a broader rebound, as investors bought the group after a significant decline. The move may reflect technical buying rather than a change in fundamentals. Nuclear Stocks Rebound on an Oversold Bounce
• Negative Sentiment: Short sellers continue to signal skepticism: Short sellers reportedly generated substantial profits betting against NuScale as enthusiasm for SMRs cooled. The warning highlights the stock’s high volatility and concern that its valuation may be ahead of commercialization progress. NuScale Power Short Seller Profits Send Stark Warning to Investors
• Negative Sentiment: Financial execution remains a major risk: NuScale’s latest quarterly revenue was only $0.08 million, down 99.1% year over year, while the company remained unprofitable. Its negative earnings and large gap between the 50-day and 200-day moving averages underscore continued fundamental and technical risk.

Analyst Ratings Changes

SMR has been the topic of several recent research reports. Barclays dropped their price target on NuScale Power from $15.00 to $11.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 22nd. Bank of America began coverage on NuScale Power in a report on Friday, May 22nd. They set a “neutral” rating and a $12.00 price objective for the company. B. Riley Financial dropped their target price on NuScale Power from $19.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Royal Bank Of Canada cut their target price 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. Finally, Truist Financial started coverage on NuScale Power in a research report on Monday, July 13th. They set a “hold” rating and a $10.00 price target for the company. One equities 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $13.50.

NuScale Power Stock Up 8.4%

The stock’s fifty day moving average is $9.32 and its two-hundred day moving average is $11.08. The firm has a market capitalization of $4.22 billion, a price-to-earnings ratio of -3.36 and a beta of 2.26.

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

Insider Buying and Selling

In other news, Director Shinji Fujino sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $8.86, for a total value of $177,200.00. Following the completion of the sale, the director directly owned 17,242 shares of the company’s stock, valued at $152,764.12. This trade represents a 53.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO Carl M. Fisher sold 18,771 shares of NuScale Power 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 transaction, the chief operating officer owned 114,718 shares of the company’s stock, valued at $1,073,760.48. This represents a 14.06% decrease in their ownership of the stock. 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. 1.28% of the stock is owned by insiders.

Institutional Investors Weigh In On NuScale Power

A number of large investors have recently added to or reduced their stakes in SMR. Renaissance Technologies LLC bought a new position in shares of NuScale Power in the first quarter valued at about $59,141,000. Bank of America Corp DE boosted its holdings in shares of NuScale Power by 33.4% during the 1st quarter. Bank of America Corp DE now owns 2,062,232 shares of the company’s stock worth $22,355,000 after buying an additional 516,097 shares during the period. Swedbank AB grew its stake in NuScale Power by 36.3% in the 1st quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock valued at $16,285,000 after buying an additional 400,240 shares during the last quarter. Caz Investments LP grew its stake in NuScale Power by 10,000.0% in the 4th quarter. Caz Investments LP now owns 101,000 shares of the company’s stock valued at $1,431,000 after buying an additional 100,000 shares during the last quarter. Finally, Seven Grand Managers LLC acquired a new position in NuScale Power in the 4th quarter valued at about $1,771,000. Institutional investors own 78.37% of the company’s stock.

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.