Royal Bank of Canada increased its holdings in shares of NuScale Power Corporation (NYSE:SMR – Free Report) by 39.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 335,898 shares of the company’s stock after acquiring an additional 94,489 shares during the period. Royal Bank of Canada’s holdings in NuScale Power were worth $3,640,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in SMR. Vermillion & White Wealth Management Group LLC boosted its stake in NuScale Power by 1,550.9% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company’s stock worth $25,000 after purchasing an additional 1,675 shares during the period. Assetmark Inc. grew its holdings in 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 buying an additional 2,309 shares in the last quarter. Ameriflex Group Inc. purchased a new stake in NuScale Power during the 4th quarter valued at approximately $30,000. Strategic Advocates LLC raised its position in shares of NuScale Power by 233.0% during the fourth quarter. Strategic Advocates LLC now owns 2,321 shares of the company’s stock valued at $33,000 after buying an additional 1,624 shares during the last quarter. Finally, Harbour Investments Inc. raised its position in shares of NuScale Power by 32.4% during the fourth quarter. Harbour Investments Inc. now owns 2,419 shares of the company’s stock valued at $34,000 after buying an additional 592 shares during the last quarter. 78.37% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
SMR has been the subject of a number of research reports. Truist Financial initiated coverage on shares of NuScale Power in a research report on Monday, July 13th. They set a “hold” rating and a $10.00 target price for the company. HSBC initiated coverage on shares of NuScale Power in a report on Thursday, April 23rd. They issued a “hold” rating and a $13.00 price target on the stock. Canaccord Genuity Group decreased their price target on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Citigroup dropped their price objective on shares of NuScale Power from $7.50 to $6.50 and set a “sell” rating for the company in a report on Thursday, August 6th. Finally, B. Riley Financial dropped their price objective on shares of NuScale Power from $19.00 to $15.00 and set a “buy” rating for the company in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, NuScale Power has an average rating of “Hold” and an average target price of $13.50.
Insider Activity
In related news, COO Carl M. Fisher sold 18,771 shares of the business’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 owned 114,718 shares in the company, valued at approximately $1,073,760.48. The trade was a 14.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.28% of the company’s stock.
NuScale Power Trading Down 4.8%
Shares of SMR opened at $9.38 on Friday. The company has a market cap of $3.43 billion, a P/E ratio of -3.21 and a beta of 2.26. NuScale Power Corporation has a twelve month low of $7.21 and a twelve month high of $57.42. The company’s fifty day simple moving average is $9.43 and its 200-day simple moving average is $11.57.
NuScale Power (NYSE:SMR – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.13). The business had revenue of $0.07 million during the quarter, compared to analyst estimates of $8.80 million. NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%.The company’s revenue for the quarter was down 99.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.11) earnings per share. Analysts predict that NuScale Power Corporation will post -0.43 earnings per share for the current fiscal year.
Key Headlines Impacting NuScale Power
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: NuScale’s Q2 earnings call highlighted a shift toward commercial readiness and a reported $1.9 billion liquidity boost, which could improve the company’s ability to fund development and pursue customer opportunities. NuScale Power Q2 2026 Earnings Call Transcript
- Positive Sentiment: An analyst increased the third-quarter EPS estimate for NuScale Power, suggesting expectations for near-term results have improved modestly. Q3 EPS Estimate for NuScale Power Increased by Analyst
- Neutral Sentiment: A bullish investment thesis argues that NuScale could become a standard platform for a new nuclear-energy cycle because its small modular reactor design uses established technology, conventional fuel, and potentially repeatable manufacturing. The opportunity remains speculative because widespread commercial deployment has not yet been demonstrated. NuScale Could Become the Standard Platform for Nuclear Energy
- Negative Sentiment: NuScale shares were pressured after an analyst downgrade, adding to concerns about valuation and the company’s path to profitability. NuScale Power Trading Down After Analyst Downgrade
- Negative Sentiment: Royal Bank of Canada issued a pessimistic forecast for SMR, reinforcing bearish expectations among sell-side analysts. Royal Bank of Canada Issues Pessimistic Forecast for NuScale Power
- Negative Sentiment: A critical analysis notes that the last U.S. nuclear-construction boom produced only two completed reactors out of 26 proposed projects; the Vogtle units suffered major cost overruns and delays. Against that backdrop, NuScale’s roughly $4 billion market value and limited sales raise concerns about execution risk and whether future projects can be delivered economically. The Last U.S. Nuclear Boom Applied to Build 26 Reactors and Finished 2
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.
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