NuScale Power (NYSE:SMR) Shares Up 16.5% – Time to Buy?

NuScale Power Corporation (NYSE:SMR)’s stock price shot up 16.5% during trading on Wednesday . The stock traded as high as $13.63 and last traded at $13.5920. 54,172,098 shares changed hands during mid-day trading, an increase of 94% from the average session volume of 27,955,797 shares. The stock had previously closed at $11.67.

Key Stories Impacting NuScale Power

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

• Positive Sentiment: B. Riley cut its price target from $24 to $19 but kept a “buy” rating, signaling continued analyst conviction that there is meaningful upside if execution improves; that support can limit downside and attract buyers. Read More.
• Positive Sentiment: Short-term bullish positioning ahead of results: SMR jumped ~16% last week as investors positioned for Q1 results, showing there is still speculative demand tied to near-term earnings or guidance beats. Read More.
• Neutral Sentiment: Price-target and model resets are modest overall: Some research trims fair-value estimates only slightly while reiterating that upside depends on project timelines and capital plans — keeps the thesis intact but highlights timing risk. Read More.
• Neutral Sentiment: Broader coverage framing: Long-form pieces call NuScale “at a crossroads,” useful context for investors weighing technology potential vs. execution/timing — informative but not an immediate catalyst. Read More.
• Negative Sentiment: Major insider selling: Director Corp Fluor sold 13.5M shares at about $11.81 (~$159M), adding large supply and raising questions about insider liquidity timing; multiple recent large sales amplify investor concern. Read More.
• Negative Sentiment: Analyst cuts and downgrades are pressuring the stock: Citigroup lowered its target to $9.00 and other outlets report downgrades that have triggered intraday selling. Read More.
• Negative Sentiment: Structural execution and funding risks highlighted: Deep-dive pieces note the stock’s steep fall over months and stress commercialization delays and capital needs — sustained visibility on projects is required to reverse negative sentiment. Read More.

Wall Street Analysts Forecast Growth

Several research firms have commented on SMR. Canaccord Genuity Group cut their price objective on NuScale Power from $60.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. UBS Group cut their price objective on NuScale Power from $20.00 to $13.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 18th. B. Riley Financial cut their price objective on NuScale Power from $24.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday. Bank of America raised NuScale Power from an “underperform” rating to a “neutral” rating and set a $28.00 price objective on the stock in a research report on Friday, January 9th. Finally, Cantor Fitzgerald cut their price objective on NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, NuScale Power presently has a consensus rating of “Hold” and a consensus target price of $19.77.

NuScale Power Price Performance

The firm has a market capitalization of $4.04 billion, a PE ratio of -4.14 and a beta of 2.27. The stock has a 50-day moving average price of $11.89 and a 200-day moving average price of $20.20.

NuScale Power (NYSE:SMR) last announced its earnings results on Thursday, February 26th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.70). NuScale Power had a negative return on equity of 55.23% and a negative net margin of 1,130.26%.The business had revenue of $1.81 million for the quarter, compared to analysts’ expectations of $8.76 million. As a group, equities research analysts predict that NuScale Power Corporation will post -0.49 earnings per share for the current fiscal year.

Insider Buying and Selling at NuScale Power

In other news, Director Corp Fluor sold 13,500,000 shares of NuScale Power stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $11.81, for a total transaction of $159,435,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Robert Ramsey Hamady sold 18,570 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $12.22, for a total value of $226,925.40. Following the completion of the sale, the chief financial officer directly owned 97,192 shares of the company’s stock, valued at approximately $1,187,686.24. This represents a 16.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 40,572,082 shares of company stock valued at $481,029,608. Company insiders own 1.20% of the company’s stock.

Institutional Trading of NuScale Power

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Pasadena Private Wealth LLC increased its holdings in NuScale Power by 4.9% in the third quarter. Pasadena Private Wealth LLC now owns 6,147 shares of the company’s stock valued at $221,000 after buying an additional 287 shares during the last quarter. Family Capital Management Inc. increased its holdings in NuScale Power by 3.5% in the third quarter. Family Capital Management Inc. now owns 8,682 shares of the company’s stock valued at $313,000 after buying an additional 291 shares during the last quarter. Cibc World Market Inc. increased its holdings in NuScale Power by 3.8% in the third quarter. Cibc World Market Inc. now owns 9,000 shares of the company’s stock valued at $324,000 after buying an additional 329 shares during the last quarter. MAI Capital Management increased its holdings in NuScale Power by 37.0% in the third quarter. MAI Capital Management now owns 1,654 shares of the company’s stock valued at $60,000 after buying an additional 447 shares during the last quarter. Finally, Park Avenue Securities LLC increased its holdings in NuScale Power by 1.5% in the third quarter. Park Avenue Securities LLC now owns 36,314 shares of the company’s stock valued at $1,307,000 after buying an additional 525 shares during the last quarter. 78.37% of the stock is 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.