NuScale Power (NYSE:SMR) Trading Up 3% – Should You Buy?

NuScale Power Corporation (NYSE:SMR) shares shot up 3% during trading on Thursday . The company traded as high as $10.14 and last traded at $9.8820. 34,935,823 shares traded hands during trading, an increase of 15% from the average session volume of 30,429,609 shares. The stock had previously closed at $9.59.

More NuScale Power News

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. B. Riley Financial decreased 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. Northland Securities set a $16.00 price target on NuScale Power in a report on Thursday, August 6th. Canaccord Genuity Group reduced their price objective on NuScale Power from $25.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Truist Financial started coverage on NuScale Power in a research report on Monday, July 13th. They issued a “hold” rating and a $10.00 price objective for the company. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of NuScale Power in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $13.50.

NuScale Power Stock Performance

The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of -3.21 and a beta of 2.26. The firm’s 50-day moving average price is $9.43 and its two-hundred day moving average price is $11.57.

NuScale Power (NYSE:SMR) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.13). The firm had revenue of $0.07 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.11) earnings per share. As a group, equities research analysts anticipate that NuScale Power Corporation will post -0.43 EPS for the current year.

Insider Activity at NuScale Power

In related news, COO Carl M. Fisher sold 18,771 shares of the firm’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 transaction of $175,696.56. Following the completion of the transaction, the chief operating officer owned 114,718 shares in the company, valued at $1,073,760.48. This trade represents a 14.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.28% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SMR. Renaissance Technologies LLC acquired a new position in NuScale Power in the first quarter valued at about $59,141,000. Mirae Asset Global Investments Co. Ltd. grew its stake in NuScale Power by 35.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 822,779 shares of the company’s stock worth $11,659,000 after buying an additional 213,329 shares during the last quarter. Swedbank AB increased its holdings in shares of NuScale Power by 36.3% during the first quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock worth $16,285,000 after buying an additional 400,240 shares in the last quarter. Caz Investments LP increased its holdings in shares of NuScale Power by 10,000.0% during the fourth quarter. Caz Investments LP now owns 101,000 shares of the company’s stock worth $1,431,000 after buying an additional 100,000 shares in the last quarter. Finally, Seven Grand Managers LLC bought a new position in shares of NuScale Power in the fourth quarter valued at approximately $1,771,000. 78.37% of the stock is currently owned by institutional investors and hedge funds.

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.